BT has reported Q1 revenue of £5.24 billion (€5.8bn), down 7 per cent primarily due to the impact of Covid-19, including reduced BT Sport revenue and a reduction in business activity in its enterprise units. Adjusted EBITDA was £1.81 billion, down 7 per cent, driven by the fall in revenue and continued investment in customer […]
Funds advised by private equity firm Warburg and DTCP, an investment management group specialised in technology growth equity and digital infrastructure, have reached an agreement to acquire a majority stake in London-focused full-fibre broadband provider Community Fibre, alongside its existing investors Amber Infrastructure and RPMI Railpen. Terms of the transaction were not disclosed. Community Fibre […]
UK digital network infrastructure provider Openreach has outlined plans to make ultra-reliable and gigabit-capable FTTP broadband available to more than three million homes and businesses in some of the UK’s hardest to serve communities. This follows a new consultation from industry regulator Ofcom where it proposes that such a build commitment from Openreach is sufficient […]
The Board of Directors at French telco Orange has responded strongly following the publication of an interview in which the Chairman of ARCEP, France’s telecoms regulatory authority, questioned Orange’s strategy in France, the company’s fibre deployment policy and its market position in terms of business telecommunications services. In a Statement, the Board of Directors said […]
Euskaltel, the fifth largest telco in Spain, has reached a new network agreement with Orange that will allow the Basque-Country-based company to reach at least 1.8 million FTTH homes out of the three million planned to be covered by Orange in the coming years. These FTTH homes are included in the Orange’s plan to reach […]
Netgem has announced the acquisition of the assets of Comcable, a local Very High Speed operator on public initiative networks. This operation will be carried out via Netgem’s French subsidiary, which will manage the 3,500 subscribers taken over, and will provide them in particular with the latest innovations of the VIDEOFUTUR offer such as the […]
Spain’s fifth largest telco operator Euskaltel has reached an agreement with Movistar to share the dominant operator’s FTTH network in those areas where the company is not obliged by law to allow third parties to use its infrastructure. With this 5 year deal, Euskaltel will be able to strengthen its national expansion through Virgin Telco […]
The FTTH Council Europe has announced the appointment of Vincent Garnier as its new Director General, effective as of July 13th. Garnier brings to this position 25 years of experience in the telecommunications industry, in Marketing and Business Development in EMEA and Asia for BtoB companies. Most recently he was Marketing Director responsible for defining […]
Research commissioned by networking systems, services and software company Ciena has found that seven out of 10 (69 per cent) British adults are now working from home at least some of the time, up from 9 per cent before Covid-19 lockdown measures took effect. This 776 per cent increase is not just a temporary change, […]
Movistar and MásMóvil, Spain’s first and fourth largest telcos respectively, have reached an agreement to share their networks. Thanks to the five year deal, MásMóvil will be able to cover around 500,000 new homes with FTTH and have access to future deployments of Movistar FTTH network across the country. The agreement will also allow MásMóvil […]