According to The Changing Divide report 2023 from Amdocs, conducted by Dynata, the majority of American consumers now have dependable Internet access. However, as homes become more interconnected, fresh obstacles are emerging that jeopardise the progress made and may deepen the digital divide. “We’ve long recognised that a lack of connectivity is a significant problem, […]
UK multiplay operator Virgin Media O2 (VMO2) is reported to be considering a £3 billion (€3.4bn) takeover bid for full fibre altnet CityFibre. Mike Fries, chief executive of VMO2 parent company Liberty Global, is said to have held initial talks with Greg Mesch, Chief Executive Officer at CityFibre. By 2025 CityFibre’s rollout is set to […]
UK full-fibre infrastructure provider Netomnia, along with ISP sister company YouFibre, has raised £230 million (€263m) in committed debt financing. Netomnia has successfully completed its latest fundraise of £230 million in committed debt financing from a group of six bank lenders, comprised of HSBC UK, ING, NIBC, RBC, Standard Chartered, and UKIB. The financing package […]
More than 800,000 homes and businesses across Scotland can now connect to some of the fastest, most reliable broadband in Europe, with hundreds of thousands more in line for an ultrafast upgrade this year. Engineers from digital infrastructure provider Openreach will extend its ultrafast full fibre network in urban areas such as Aberdeen, Edinburgh, Stirling […]
Spain’s fourth largest operator multiplay operator MásMóvil has increased its profit by 134 per cent to €444 million in 2022, mainly as a result of the sale of Euskaltel’s broadband network to Basque investors for €850 million. EBITDA stood at €1.19 billion, up 26 per cent. Revenues amounted to €2.89 billion, up 17 per cent, […]
The pace of fibre to the home (FTTH) deployment has been continuing at a steady pace, despite sizeable regional disparities, according to French telecom regulator Arcep’s latest ‘scorecard’ for the fixed broadband and superfast broadband market. The report finds that 4.7 million new FTTH lines were deployed over the course of 2022, including 1.3 million […]
Following the announcement on October 17th 2022, Vodafone Group has confirmed the completion of the sale of 50 per cent of its German FTTH company to Altice. The creation of the JV, called FibreCo, received European Commission approval in February 2023. FibreCo will deploy fibre-to-the-home to up to 7 million homes in Germany over a […]
Providers of business broadband services continue to grow and upgrade their footprints in markets all over the world according to latest insights from analyst firm Omdia. From small businesses to large enterprise buyers, broadband adoption has flourished worldwide for many reasons, and will continue to grow subscriptions and revenues. Enabling factors include improvements in quality […]
Brussels has postponed its decision over the €19 billion merger between Orange and MásMóvil until April 3rd to have more time to study the deal. The EC is likely to reject the Spanish CNMC’s bid to take control of the case and instead launch its own high-level probe. In February both companies notified the EC […]
Broadband customers could get clearer and more consistent information about their service when signing up to a new deal, under proposals announced by UK comms regulator Ofcom. Under the planned new guidance, broadband providers would only be able to use the terms ‘fibre’ and ‘full-fibre’ on their websites and in contracts if their network uses […]