Vodafone and Virgin Media O2 strike £343m deal Tech Vodafone has received a boots worth £343m from Virgin Media O2 just a few weeks after its mega merger with Three was finally approved. Virgin Media O2 has agreed to pay £343m for a tranche of mobile spectrum from Vodafone UK in a deal which is hoped will help shore up its network capacity amid [...]
London’s 5G rollout is being strangled by a failed legal model Tech London’s position at the bottom of Europe’s 5G performance rankings is the direct result of a failed telecoms access policy that has deterred investment, triggered mass litigation, and paralysed rollout. The Electronic Communications Code (ECC), reformed in 2017 to cut costs for mobile operators, removed the requirement to pay market rents for infrastructure sites. Instead, [...]
Tesla back in court after 5G patents licence case was thrown out Legal Tesla is back in English court this week as it aims to overturn a ruling that kicked out its 5G patents licence lawsuit
Virgin Media O2 sells Cornerstone Towers stake as revenue dips October 30, 2024 Virgin Media O2 has announced the sale of a stake in its mobile towers joint venture, Cornerstone, to infrastructure investor Equitix, bagging £186m in cash. The deal, which leaves the telco with just over 25 per cent of Cornerstone after selling 8.33 per cent, involves a 16.66 per cent stake in a holding company that [...]
Rachel Reeves to claim ‘party of business crown’ with Labour conference speech October 8, 2023 Labour are gunning for the ‘party of business’ crown as Rachel Reeves prepares to unveil a string of policies on planning, building and investment in a bid to woo the private sector. Speaking at Labour conference in Liverpool, the shadow Chancellor will pledge to speed up the race to get critical infrastructure built, drive growth, [...]
Vodafone boss: Social media’s a good thing – it tells us what’s happening September 11, 2023 Vodafone's UK boss on immediate feedback, the merger with Three, and his cycling summer holiday
Nokia profit slumps almost 20 per cent as consumers tighten belts April 20, 2023 Nokia reported a slump in operating profit as the company revealed demand was weighed down by economic uncertainty. The Finnish company saw comparable operating profit fall 18 per cent in the most recent quarter to €479m (£422m) from €583m (£514m) in the same period last year. Net sales grew by 10 per cent to €5.86 [...]
UK standalone 5G rollout to be finished by 2030, ministers pledge April 11, 2023 Ministers are set to invest millions in boosting the UK’s connectivity via a nationwide rollout of 5G. All populated areas of the country will be covered by ‘standalone’ 5G – also called ‘5G-plus’, which is not reliant on existing 4G technology – by 2030, the government has pledged. Technology secretary Michelle Donelan today unveiled a [...]
Nokia appoints Rolf Werner as new Europe chief January 5, 2023 Nokia has appointed Rolf Werner as the firm’s new Senior Vice President for Europe, the company announced today. Werner joins the Finnish telecoms firm from Cognizant, where he was CEO for Cognizant Germany, overseeing the German, Austrian and Swiss markets. He has also held senior positions at Fujitsu, Global Logic, and T-Systems. Nokia said Werner [...]
UK government stumps up £12m to make 5G tech green and accessible December 20, 2022 The Department of Culture, Media and Sport is funding a £12m international project to make 5G telecommunication green and more accessible across the UK. The project named Towards Ubiquitous 3D Open Resilient Network (TUDOR) plans to use AI to improve the efficiency of 5G and in due course 6G infrastructures. TUDOR is led by the [...]