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Tanay Singh Thakur March 12th, 2024 12:48 PM 0 COMMENTS

Airtel CEO asks Company Executives to Spend the Day with Customers

Bharti Airtel's CEO and Managing Director, Gopal Vittal, has asked the employees to spend Tuesday with the customers on the ground level. It is Customer Day for Airtel and company executives have been directed to celebrate the front-line staff that serves customers and at the same time interact with the customers to understand them at a deeper level. In an internal email to the company executives, Gopal Vittal wrote, "Tomorrow is... Read More

Tanuja K March 1st, 2024 7:30 PM 0 COMMENTS

Jio Wins Telecom Company of the Year at Asian Telecom Awards 2024

Reliance Jio, India's largest telecom operator, has won the 'Telecom Company of the Year' at the Asian Telecom Awards 2024. The telco got the award for deploying the world's largest 5G standalone (SA) core network. Jio has almost reached every part of the country with its 5G networks and is currently working to deepen the coverage. The award was given to Jio at a grand ceremony at the Marina Bay... Read More

Srikapardhi February 17th, 2024 7:17 PM 0 COMMENTS

Virgin Media O2 to Create Fixed Network Company NetCo for UK Fibre Expansion

UK's Virgin Media O2 (VMO2), in partnership with its shareholders Liberty Global and Telefonica, has announced plans to create a separate national fixed network company (NetCo). The company said this move is aimed at driving full fibre adoption, diversifying financing options, and facilitating potential consolidation opportunities among alternative network providers. Also Read: Virgin Media O2 Achieves Milestone in UK’s Rural Connectivity Program NetCo: Fibre Unit The establishment of NetCo positions... Read More

Srikapardhi February 11th, 2024 6:44 PM 0 COMMENTS

Azora and Core Capital Launch Edge Data Center Company Focused on Spain and Portugal

Investment manager Azora, in collaboration with Core Capital, has announced the launch of the Quetta Data Centers platform with a planned investment of over 500 million Euros. This collaboration aims to establish a network of six highly efficient "Edge" data centers in Spain and Portugal. Upon completion, these data centers will deliver a combined data capacity exceeding 60 MW, all powered by 100 percent renewable energy sources, Azora said. Also... Read More

Srikapardhi December 5th, 2023 3:41 PM 0 COMMENTS

Ooredoo, Zain and TASC Towers to Create Tower Company in MENA Region

Qatar-based Ooredoo Group, the UAE-based TASC Towers, and the Kuwait-based Zain Group have jointly announced the signing of definitive agreements to create the largest tower company in the MENA (Middle East and North Africa) region through a cash and share deal. The joint statement notes that the new tower company comprises approximately 30,000 towers and has a combined estimated current enterprise value of USD 2.2 billion. Also Read: Ooredoo, Zain,... Read More

Yashika Goel November 14th, 2023 8:12 PM 0 COMMENTS

Carraun, Eir’s Parent Company, Takes 6 Percent Stake in Proximus

Carraun, the parent company of the Irish telecom operator Eir, confirmed today that it has acquired approximately a 6 percent stake in the Belgian full-service operator Proximus. Carraun is controlled by French telecom investor Xavier Niel, who has obtained the stake through his Irish holding company. "Carraun is supportive of the current strategy of Proximus' top management, and, in particular, its ambitious FTTH roll-out plan," Carraun said in a press... Read More

Srikapardhi October 31st, 2023 11:23 AM 0 COMMENTS

Subsea Cable Company OMS Group Secures USD 400 Million Investment

The parent company of OMS Group, a telecom infrastructure company and provider of subsea cable services, and the global investment firm, KKR, have announced the signing of definitive agreements. Under these agreements, KKR will commit USD 400 million in a tailored solution for OMS Group. According to the statement, this investment marks KKR's latest venture into digital infrastructure in Southeast Asia. Also Read: Telefonica, Entel, and KKR Ink Deal to... Read More

Yashika Goel September 6th, 2023 4:20 PM 1 COMMENTS

Bharti Airtel Named Most Outstanding Company in India by Asiamoney

Bharti Airtel on Wednesday announced that it has emerged as the most outstanding company in India, both across all sectors and specifically within the telecommunications services sector, as per the results of the recent Asiamoney Polls 2023. Also Read: Bharti Airtel’s Wynk Studio Forays Into Music Distribution to Monetise Its Digital Ecosystem Asiamoney Asia's Outstanding Companies Poll The Asiamoney Asia's Outstanding Companies Poll is a recognition given to publicly listed... Read More

Tanay Singh Thakur August 2nd, 2023 10:49 AM 0 COMMENTS

HFCL Bags Rs 137.63 Crore Order to Supply OFC to a Leading Company

HFCL Limited has bagged an order worth Rs 137.63 crore from Reliance Retail Limited. The order is to supply optical fiber cable and has to be executed by December 2023. Note that it is HFCL's subsidiary company, HTL Limited, that has bagged the order. Also, it is worth mentioning here that Reliance Industries Limited (RIL), the parent company of Reliance Retail, also owns a significant stake in HFCL. Read More... Read More

Srikapardhi July 25th, 2023 4:47 PM 0 COMMENTS

Ooredoo, Zain, and TASC Towers to Create Independent Tower Company in MENA Region

Qatar-based telecommunications company Ooredoo Group has announced that it has entered into exclusive negotiations with Mobile Telecommunications Company Zain Group and UAE-based TASC Towers Holding to combine their telecommunication tower assets in six countries. According to the statement, the joint venture aims to form the largest independent tower company in the MENA (Middle East and North Africa) Region in a cash and share deal. Also Read: Ooredoo Oman Achieves Full... Read More

Srikapardhi June 21st, 2023 9:03 AM 0 COMMENTS

Telenor and Hafslund Partner to Establish Sustainable Data Centre Company in Oslo

Telenor, Norway's telecommunications operator, and Hafslund, one of Norway's largest energy and infrastructure groups, have announced a strategic partnership to establish a state-of-the-art data centre company in Oslo. This joint venture comes at a time when the criteria for security and sustainability are tightening, coinciding with Norway's rapid digitisation. Also Read: Norwegian Government Strengthens Control Over Data Centers Focus on Security and Sustainability According to the statement, the new company,... Read More

Tanay Singh Thakur June 14th, 2023 7:20 AM 6 COMMENTS

Reliance Jio Value Prepaid Plans Listed by the Company

Reliance Jio, a leading telecommunications provider in India, has listed a range of value prepaid plans listed under the "Value" category on its official website. These plans offer attractive benefits and services to cater to the diverse needs of Jio subscribers. These plans offer lumpsum data to customers but are mainly geared towards providing validity to consumers. If you are someone who just wants validity and voice-calling benefit, then this... Read More