April 05, 2024 Rome
Telecom Italia (TIM) is set for a €1 billion ($1.1bn) payout after it won its 15-year dispute with the Italian government. A court in Rome ordered the government to pay the sum after TIM sought to recover the license fee it was required to pay to the state in 1998, the year after the telecoms...
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April 04, 2024 Sweden
Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milestone...
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April 01, 2024 United Kingdom
JLL has revealed its plans to offer free educational and training opportunities for the next generation of data center operators. The company has teamed up with non-profit organization Nomad Futurist Foundation to create a 16-hour curriculum called the Technical Development Program (TDP), based...
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March 29, 2024 London
University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to...
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March 27, 2024 Italy
Italian broadcaster RAI this week announced its board of directors had approved a new 2024-2027 business plan, which includes a number of data center investments. The company said it plans to invest €140m related to the roll-out of its ‘diversification initiatives’ by 2027. These investments...
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March 27, 2024 United Kingdom
The CEO of British utility National Grid has warned that data center power use is set to grow dramatically which will put further strain on an already-constrained grid. John Pettigrew said that the UK's energy industry has reached a "pivotal moment," and pitched the development of an ultra-high...
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March 26, 2024 Sweden
Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as...
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March 26, 2024 Sweden
Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...
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March 26, 2024 Ukraine
Veon subsidiary Kyivstar upgraded approximately 4,000 4G base stations in Ukraine last year and has increased its 4G user base in the country to 14.3 million. However, revenue slumped by 3.3 percent during the fourth quarter of last year, with Kviystar blaming this on a cyberattack, which...
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March 19, 2024 Stockholm
Swedish colocation data center provider Conapto has installed Vertiv Liebert EXL S1, an Uninterruptible Power Supply (UPS) system that provides an integrated solution for critical power protection and grid support capabilities. “With the introduction of dynamic grid support, we are empowering...
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March 19, 2024 Oslo
Norwegian telco Telenor, energy company Hafslund and investment fund HitecVision are building a data center in Oslo, Norway, via a newly formed joint venture, Skygard. These companies are to make a NOK 2.4 billion ($200m) joint investment in this data center which is already undergoing...
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March 16, 2024 United Kingdom
UK’s Data and Digital Infrastructure Minister Julia Lopez has urged telecommunication companies in the UK to stop the installation of new telegraph poles. The minister wrote a public letter to the operators asking them to prioritize sharing existing telegraph poles ahead of building new ones....
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March 14, 2024 United Kingdom
The UK has joined the European Union’s ‘Chips Joint Undertaking’ (CJU) program as a “participating state.” This is a move that gives the country access to a €1.3 billion semiconductor research and development fund. “We are very happy to welcome the UK to the Chips Joint Undertaking as a...
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March 13, 2024 United Kingdom
UK hosting firm CWCS has acquired a property in Nottingham and plans to turn the site into its latest data center. LoopNet lists this property at 3 Padge Road, was built in 1980 and totals 9,300 sq ft (863 sqm) across two floors. Karl Mendez, managing director of CWCS Managed Hosting, said: “In...
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March 05, 2024 United Kingdom
The UK government has finally approved US electronics company Vishay’s takeover of Newport Wafer Fab factory, the UK’s largest semiconductor manufacturing site. Deputy Prime Minister Oliver Dowden has now issued a consent order approving the purchase. Under the terms of the agreement, the UK...
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March 04, 2024 Finland
Boldyn Networks has completed its acquisition of Cellnex's private network business for an undisclosed sum. This acquisition includes Edzcom, Cellnex’s Finnish subsidiary that specializes in private networks for industrial environments.“By bringing Cellnex's private networks business unit under...
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February 29, 2024 London
Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said strong...
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February 28, 2024 Ukraine
Ukrainian telco Kyivstar has signed a new deal to procure and deploy Rakuten Symphony's Open RAN technology in its network. A letter of intent has been signed by the companies to show that Rakuten would be the preferred partner for Kyivstar's eventual 5G rollout. "I share the excitement of our...
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February 26, 2024 Europe
Demand for colocation space in Europe’s data centers is outpacing supply despite an abundance of new facilities being built for customers accross the continent according to a new report. Kevin Restivo, head of European data center research at CBRE, said, “Hyperscalers have sought increasingly...
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February 26, 2024 Spain
An announcement made earlier this week at the Mobile World Congress event in Barcelona, Spain revealed that the members of the Global Telco AI Alliance (GTAA) are to establish a joint venture later this year specifically aimed at developing Large Language Models (LLMs). "We want our customers to...
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