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Srikapardhi September 4th, 2024 8:57 AM 0 COMMENTS

LiveOak Fiber Secures Additional Funding to Expand Network in Southeast US

LiveOak Fiber (LiveOak), an American regional broadband service provider, has announced that it has secured additional funding through a new co-investment partnership. The funding comes from InfraRed Capital Partners and MEAG, the asset manager for Munich Reinsurance Company (Munich Re) and its subsidiaries. "This new investment will further support LiveOak's mission to deliver high-speed broadband to underserved markets in the southeastern United States," LiveOak said on Tuesday. Also Read: LiveOak... Read More

Tanay Singh Thakur September 1st, 2024 6:44 AM 14 COMMENTS

BSNL Upgrades Speed Benefits for Entry-Level Broadband Plans

Bharat Sanchar Nigam Limited (BSNL) has upgraded the broadband speed benefits for entry-level plans. This has been done silently and happened quite a long back. BSNL offered very minimal speeds and a limited amount of data with its entry-level broadband plans. Now, while the speed has gone up, the data limit is still the same. The plans for which the speed has gone up come for Rs 249, Rs 299,... Read More

Srikapardhi August 30th, 2024 5:44 PM 0 COMMENTS

Alaska Communications Secures USD 390 Million for Statewide Fiber Expansion

Alaska Communications, a communications infrastructure provider in Alaska, has announced the establishment of a new five-year, USD 390 million senior secured credit facility. The funds will be used to repay existing debt and further invest in expanding the company's fiber infrastructure across the state. Also Read: OneWeb Joins Connecting Alaska Consortium to Boost Access in Rural Alaska Expansion of Fiber Infrastructure The company is currently developing a network that spans... Read More

Srikapardhi August 29th, 2024 12:55 PM 26 COMMENTS

Frontier Launches 7 Gbps Fiber Internet Service Nationwide

US operator Frontier Communications announced this week the launch of a 7 Gbps broadband service across its entire FTTH footprint. Frontier said this upgrade follows the company's earlier rollouts of 2 Gbps and 5 Gbps services. The new 7 Gbps offering promises download and upload speeds up to 200 times faster than traditional cable, powered by the latest Wi-Fi 7 technology. Also Read: Frontier Launches Network-Wide 5 Gbps Fiber Internet... Read More

Srikapardhi August 28th, 2024 6:14 PM 0 COMMENTS

Virgin Media Expands Gigabit Broadband to 11,000 More Homes in Huddersfield

Virgin Media O2 (VMO2) has announced the expansion of its gigabit broadband services to an additional 11,000 homes in Huddersfield, bringing ultra-fast internet connectivity to more residents in the area. This expansion includes the introduction of the Gig2 broadband service, which offers speeds of up to 2 Gbps — 21 times faster than the local average. Also Read: Virgin Media O2 Signs New Mobile Network Sharing Agreement With Vodafone UK... Read More

Srikapardhi August 27th, 2024 5:14 PM 0 COMMENTS

Fibrus Secures New GBP 100 Million to Complete Rural Broadband Roll-Out

Fibrus, a Belfast-based fibre broadband provider, has secured an additional GBP 100 million tranche of senior debt, ensuring full funding for its rural roll-out plans across Northern Ireland and Cumbria. This is an increase to an existing GBP 200 million senior debt facility and GBP 20 million revolving credit facility. With this new financing, the company's total debt and equity funding has increased to GBP 845 million, enabling it to... Read More

Srikapardhi August 23rd, 2024 2:23 PM 0 COMMENTS

Linzor Capital Partners Acquires FTTH Provider Win in Peru

Regional private equity firm Linzor Capital Partners (Linzor) has reached an agreement with Grupo ON to acquire 100 percent of Wi-Net Telecom, a Peruvian residential fixed services company operating under the Win brand. The company offers high-speed broadband internet services to approximately 527,000 clients through a proprietary FTTH network covering around 3 million homes. Also Read: Silknet Expands Fibre Network Coverage in Georgia Expansion of Fixed Services in Peru WIN... Read More

Srikapardhi August 21st, 2024 8:11 PM 0 COMMENTS

Silknet Expands Fibre Network Coverage in Georgia

Georgian operator Silknet announced that it has expanded the coverage of its fiber-optic network. With this expansion, Silknet's high-speed fixed internet and television services are now available in Saguramo and nearby villages, the operator said in a statement on Wednesday. Silknet Expands Fiber-Optic Network According to the company, Silknet's fixed broadband and pay-TV services are now accessible in the villages of Saguramo, Akhalsofeli, Arashenda, Navdaraantkari, and Kotoraantkari. Residents of these... Read More

Srikapardhi August 21st, 2024 5:50 PM 0 COMMENTS

Lumos Announces USD 150 Million Expansion into Kentucky Network

US fiber broadband and home Wi-Fi provider Lumos announced its expansion into Kentucky with a nearly USD 150 million investment to build over 1,300 miles of network infrastructure in parts of Jefferson County and Louisville. Lumos said it is constructing a 100 percent fiber optic network designed to last for the next 50 years. Also Read: Lumos Announces USD 230 Million Fiber-Optic Expansion into Ohio Key Areas of Network Development... Read More

Srikapardhi August 20th, 2024 8:12 AM 0 COMMENTS

Homeplus to Bring 25G PON Fiber Services to Taiwan

Broadband internet service provider Homeplus is set to launch Taiwan's first 25G PON (Passive Optical Network) fiber service, offering internet speeds up to 125 times faster than the national average of 200 Mbps. Homeplus will deploy Nokia's 25G PON fiber solution to deliver some of the fastest broadband speeds in Taiwan. The commercial deployment of 25G PON will enable Homeplus to deliver enhanced residential and business services, Homeplus said in... Read More

Srikapardhi August 19th, 2024 9:12 AM 0 COMMENTS

E& UAE Launches Fibre-To-The-Room High-Speed Internet Solution

E& UAE has launched Fibre-To-The-Room (FTTR) high-speed internet solution designed to enhance the performance of in-home Wi-Fi networks. According to the operator, the new solution delivers fibre optic connectivity directly to each room, ensuring consistent, high-speed internet access throughout large residential spaces, including apartments and villas. Also Read: E& UAE and Yahsat Partner to Bring Satellite Connectivity to Standard Smartphones FTTR Enhances Wi-Fi Performance Designed to address common issues like... Read More

Srikapardhi August 18th, 2024 10:22 PM 0 COMMENTS

Openreach to Launch Symmetric Fibre Service in April 2025

UK wholesale operator Openreach has announced plans to roll out a new symmetric 1 Gbps broadband service in select locations as part of its Full Fibre network expansion. The service will be available in areas covered by Openreach's "Type C" bid under the UK Government’s GBP 5 billion Project Gigabit initiative, which aims to bring Gigabit-capable speeds to the final 20 percent of the UK, the official release said. Also... Read More