In The Spotlight
Global investment firm Carlyle announced that funds managed by its Global Infrastructure platform have committed up to $1 billion to partner with Tillman Global Holdings to accelerate its investments in Tillman Infrastructure, a leading privately held cell tower platform in the United States. The explosive growth in 5G, Edge Data Centers and for 5G backhaul are all contributing factors to this market expansion.
America Movil (AM) has completed the spin-off of all telecoms towers and other associated passive infrastructure in most of the Latin American countries where it operates, with all relevant assets, liabilities and capital transferred to a new company named Sitios Latinoamerica (Sitios Latam).
Sesami Cash Management Technologies aquired Planfocus software GmbH ("Planfocus"), a leading global fintech offering a highly advanced cash optimization technology.
The FCC took a bold step forward in rejecting Elon Musk and SpaceX’s Rural Digital Opportunity Fund (RDOF) long form application, denying the company of the $885.5M award announced on December 7, 2020. This is a huge victory for the 640,000 families that had been previously relegated to Low Earth Orbit Satellite service as a result of the 2020 RDOF auction results. Further, as these families that were designated as “Starlink locations”, they were at risk of being redlined from being eligible for fiber broadband from the $42.45B NTIA BEAD broadband infrastructure funding and other federal, state, and local broadband programs. Today’s action by the FCC, rejecting SpaceX’s Starlink from RDOF funding, provides clarity and a path forward for fiber and closing the digital divide, while returning $885.5M of this precious funding back into the RDOF fund for more appropriate broadband projects.
WIOCC's commitment to delivering a market-leading portfolio of wholesale services, based on strategic investment in subsea and terrestrial digital infrastructure, has been further demonstrated with the arrival in South Africa, on 8 August 2022, of Google's Equiano cable.
Verizon is upgrading to new equipment that is capable of utilizing the latest 400 Gbps per port optical technology. When the overhaul of the fiber core network — the superhighway Verizon uses to move customers’ data — is complete, Verizon will be able to manage 115 Tbps of data. This upgrade will significantly increase the bandwidth needed to support wireless, home internet, enterprise, small business and FIOS customers.
Bell Canada announced that it is set to deliver the fastest Internet speeds in North America of any major provider. As announced previously this year, Bell is already the fastest of any major provider in the country with 3Gbps and is now introducing even faster symmetrical speeds of up to 8Gbps, the fastest of any speeds offered today by any major provider. With these speeds, and in select areas of Toronto, Bell pure fiber Internet will have download speeds five times faster than cable technology and upload speeds 250 times faster than cable technology. Bell also will bring Wi-Fi 6E in the home, the fastest Wi-Fi technology available, and when coupled with North America's fastest Internet speeds, is set to transform the at-home experience.
Comcast's stock slid more than 9% after it was announced that the company failed to add any new broadband customers for the first time in its history in the second quarter of this year. The corporation is the nation's largest internet provider.
Charter Communications must pay out $7 billion in damages after one of its Spectrum cable technicians robbed and killed an elderly woman, a jury decided last Tuesday.
Beanfield, owner and operator of the largest independent fiber-optic network in Toronto and Montreal, today announced the acquisition of Urbanfibre, a leading fiber provider operating in the Greater Vancouver Area. This acquisition is part of Beanfield’s ongoing commitment to expanding its residential and commercial network and service offerings across Canada’s major metropolitan areas and, along with its recent acquisition of FibreStream, carves out a path for a stronger and more resilient communications network on the West Coast.
We know that necessity is the mother of invention, but it’s also frequently the driver for bipartisan policy-making. For years, broadband inequity and digital gaps in both rural and urban communities were acknowledged but not addressed. But the pandemic changed that – in a big way. Chip Pickering, CEO of Incompas, recently provided Telecom Review with some insight into broadband and the blueprint for its success.
Telecom Review recently visited with Michael Wheeler, EVP of NTT’s Global IP Network in order to get an update for the industry on NTT. They are working on initiatives that will further grow NTT’s business.
Sabey Data Centers offers coast to coast data centers for today’s technology environment. Telecom Review recently visited with the Executive Director of Sabey Data Centers, John Sabey, to provide a company overview for our readers. As the top ICT publication for the wireless and wired communications industry, our readers are among the most knowledgeable in this business environment.