Latest Regional News – Page 53
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M&A
Liberty confirms Cornerstone stake up for grabs
Liberty Global says it is exploring sale of Cornerstone holding after months of media speculation.
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Partnerships & Alliances
T-Systems extends foray into quantum realm
Deutsche Telekom’s enterprise arm signs MoU with IQM Quantum Computers to offer access to cloud quantum computing services and training, with a Europe-based focus. Deal builds upon similar tie-up with IBM earlier this year, expanding its quantum services to a “multi-cloud quantum landscape”.
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Public Affairs
Croatia asks Brussels for more broadband infra funding
Government makes request to EC for next grant instalment from EU’s Recovery and Resilience Facility. Croatia set to receive a total of €5.51bn under RRF, provided performance-based targets are met. One-fifth of allocation earmarked for digital transformation projects, as stipulated by NextGenerationEU funding rules, including broadband rollout in rural ...
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Operations
T-Mobile taps advertising ‘pioneer’ to lead T-Ads biz expansion
Jean-Paul Colaco is appointed ‘Chief T-Ads Officer’, says Mike Katz. US NatCo has come under spotlight over data privacy practices.
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Financial & Performance
Q1 FY23–24: Vodafone Spain rolls back retail presence as review continues
Della Valle confirms that 15% of OpCo’s retail stores have been closed as Vodafone gradually shifts distribution to “more digital channels”.
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Venturing & Investments
IFM backs SUPA smart building InfraCo
AUD 50m private equity investment boosts new player’s converged infrastructure model for multi-dwelling buildings.
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Venturing & Investments
Cellnex nabs fresh funding for pan-European 5G rollout
Cellnex signs new contract with European Investment Bank to speed up 5G rollout in five European nations.
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Partnerships & Alliances
Astrocast locks in Airbus for future satellite IoT upgrades
Satellite startup Astrocast renews deal with longstanding partner Airbus to upgrade satellite-based IoT services.
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Financial & Performance
Vodacom boosts revenue as Egypt proves its worth
Group’s Q1 results showcase strength of Vodafone Egypt addition, but revenue growth recorded with or without the North African OpCo.
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Innovation (R&D)
Vodafone 5G Lab becomes nerve centre for metaverse innovation
Vodafone Spain lab selected as “nucleus” for operator’s metaverse R&D.
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Partnerships & Alliances
Safaricom commits to Ethiopia’s digital transformation agenda
STE, JICA, and Sumitomo add signature to collaboration agreement as state seeks to further Digital Ethiopia 2025 strategy.
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Partnerships & Alliances
NAGRA helps Telefónica ward off LatAm pirates
Decade-long regional TV partnership gets a content protection-focused update.
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Public Affairs
Vantage resists EU plans for regulating TowerCos
Vodafone-backed InfraCo troubled by prospect of regulated pricing and terms if new ultrafast rollout regulation proceeds as planned.
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Public Affairs
Telefónica calls for fresh infra-sharing regulation in LatAm
Operator calls for regulatory rework to promote infrastructure sharing in Latin America.
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Venturing & Investments
UK Infrastructure Bank bulks up nexfibre with £250m
UK Infrastructure Bank supplies nexfibre with new debt financing to boost fibre deployment.
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Network & Infrastructure
Meridiam accelerates German fibre play, with Vodafone support
Equity firm emphasises long-term character of German fibre financing. Meridiam adopts agnostic approach to fibre partners in Europe.
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M&A
Vodafone pockets another €500m from Vantage deal
Global Infrastructure Partners and KKR-led consortium increases stake in Vantage owner Oak Holding to 40%.
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Network & Infrastructure
Digital 9: no disruption from eruption
Icelandic cata centre business Verne Global said to be operating normally despite recent activity at nearby Mount Fagradalsfjall.
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Premium
Vodafone Q1 FY23-24 Headlines: Europe battles on despite stumbles at the top
European markets battle on but Germany, Italy, and Spain still faltering.
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Premium
Deutsche Telekom Peoplewatch: new CEO in at Detecon
July 2023 update: Detecon consultancy unit appoints Jürgen Schäfer to the helm, replacing Ralf Pichler.