telecommunications
Top StoriesItaly’s Cdp and Partners Ask Tim for More Time for Network Deal
Top StoriesItaly’s Telecoms Lobby Urges EU to Help Lower Energy Bills, Avoid Power Cuts
Top StoriesVodafone Agrees to Buy MasMovil’s Portugal Unit Nowo
Top StoriesEuropean Telcos Set to Win Fight With Big Tech, Could Set Global Agenda
Exclusive-With Eye on Big Tech, Energy Crisis, EU Telcos Call for Shared Network Costs
Date: September 26, 2022
By Foo Yun Chee BRUSSELS (Reuters) – Deutsche Telekom, Orange, Telefonica and 13 other European telecoms providers on Monday made their strongest push for Big Tech to share network costs, citing the energy crisis and EU climate change goals. The call comes as the European Commission prepares to seek feedback from both sides before making...
French Cloud Provider Ovh Lines up Diesel Generators to Offset Potential Power Cuts
Date: September 13, 2022
By Mathieu Rosemain STRASBOURG, France (Reuters) – OVHcloud, France’s biggest home grown cloud services provider, is bracing for potential power cuts later in the year by lining up diesel generators, its chief executive said on Monday. Europe is striving to lower its dependence on Russia’s gas ahead of the coming winter in the wake of...
French Cloud Provider Ovh Lines up Diesel Generators to Offset Potential Power Cuts
Date: September 12, 2022
By Mathieu Rosemain STRASBOURG, France (Reuters) – OVHcloud, France’s biggest home grown cloud services provider, is bracing for potential power cuts later in the year by lining up diesel generators, its chief executive said on Monday. Europe is striving to lower its dependence on Russia’s gas ahead of the coming winter in the wake of...
T-Mobile Sells Wireline Business to Cogent for $1, Expects Hefty Charge
Date: September 8, 2022
By Yuvraj Malik (Reuters) – T-Mobile US Inc is doubling down on 5G services after it struck a deal on Wednesday to sell its wireline business to Cogent Communications Holdings Inc for $1, while taking a $1 billion charge on the transaction. The deal includes a $700 million contract under which Cogent will provide transit...
Single Broadband Network Is ‘right Step’ for Italy, Vivendi Says
Date: August 24, 2022
MILAN (Reuters) -Creating a single broadband network is “the right step” for Italy, Telecom Italia’s (TIM) biggest investor Vivendi said on Tuesday. “It has taken many years, but now we can be at a turning point,” Vivendi Chief Executive Arnaud de Puyfontaine said at a conference in Rimini. “We want to be proactive to create...
Orban Tightens Hold Over Telco Sector as Vodafone Sells Hungarian Unit
Date: August 22, 2022
LONDON/BUDAPEST (Reuters) – Britain’s Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in cash to local IT company 4iG and the Hungarian state, consolidating the hold of Prime Minister Viktor Orban’s government over the telecoms sector. Orban, in power since 2010, has expanded his nationalist government’s influence in areas such as...