telecommunications
Top StoriesFrance’s Tdf Explores Fibre Unit Sale for Upwards of 1 Billion Euros – Sources
Top StoriesUK’s Virgin Media O2 to Lay Off up to 2,000 Employees by Year End
Top StoriesVodafone Takes ‘first Steps’ in Turnaround With Top-Line Improvement
Top StoriesBelgium Telecom Provider Proximus to Buy Majority Stake in India’s Route Mobile
Russian Scientists Warn of Powerful Solar Flare Activity on Monday
Date: July 17, 2023
Russian scientists warn of powerful solar flare activity on Monday (Reuters) – Powerful solar flare activity is forecast for Monday which may interfere with short-wave communications, Russian scientists said after three flares were observed on the sun on Sunday. The Fedorov Institute of Applied Geophysics in Moscow said class X flares were possible,...
Ericsson’s Quarterly Operating Profit Declines, Beats Expectations
Date: July 14, 2023
Ericsson’s quarterly operating profit declines, beats expectations By Martin Coulter LONDON (Reuters) – Sweden’s Ericsson reported a 62% fall in second-quarter adjusted operating profit on Friday, slightly beating market expectations. The Swedish telecom equipment maker’s operating profits, excluding restructuring charges, fell to 2.8 billion Swedish crowns ($271 million), compared with 7.4 billion the previous year....
What the Big Switch-Off Means for Your Pstn Phone System?
Date: July 11, 2023
What the big switch-off means for your PSTN phone system? By Damian Hanson, Co-Founder & Director of CircleLoop In the rapidly evolving landscape of our modern world, technological advancements continue to reshape the very fabric of business operations and communication. One notable development on the horizon is BT’s plan to halt the sale of telephony...
Telefonica Sells Controlling Stake in Peruvian Fibre Optic Network to Kkr
Date: July 7, 2023
Telefonica sells controlling stake in Peruvian fibre optic network to KKR MADRID (Reuters) – Telefonica has sold a 54% stake in its fibre optic network in Peru to U.S. private equity fund KKR and 10% to Entel’s local business, the Spanish telecoms group said on Friday, adding that it will retain the remaining 36%. Over...
European Shares Steady as Rate Jitters Weigh, Firm Pound Drags FTSE 100 Down
Date: June 8, 2023
European shares steady as rate jitters weigh, firm pound drags FTSE 100 down By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares were subdued on Thursday as rate-sensitive technology shares and consumer staples slipped on expectations of further interest rate hikes by major central banks, while a sharp slide in Vodafone shares weighed on...
Vodafone Faces German Probe Over Suspected Obstruction of 1&1
Date: June 2, 2023
BERLIN (Reuters) -Vodafone and its German subsidiary Vantage Towers are facing an antitrust investigation in Germany over concerns that it may have contributed to United Internet subsidiary 1&1’s sluggish roll-out of radio masts, the regulator said on Friday. “Powerful and dominant companies must not unfairly impede other companies. We will therefore scrutinise whether there are...