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HS2 project could boost rural broadband, new analysis reveals 

Total Telecom

News The railway line could improve the connectivity for thousands of rural households The High-Speed 2 (HS2) railway project could significantly enhance broadband connectivity in rural areas, according to a new analysis released today from High Speed 2 Ltd, a non-departmental public body run by the UK Department for Transport.

Broadband 264
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Ukraine’s newest telco to receive $435m investment from EBRD, IFC

Total Telecom

News The move is the largest direct foreign investment in Ukraine since the war began This week, the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have confirmed they will jointly invest $435 million into Ukraine’s newest converged telco.

Finance 278
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Quickline welcomes its first cohort of apprentices

Total Telecom

Press Release Rural broadband provider Quickline has taken a significant step in its commitment to nurturing regional talent by welcoming its first cohort of telecoms apprentices. These contracts will see Quickline bringing gigabit-capable broadband to hard-to-reach communities, bridging the digital divide in rural areas.

Broadband 244
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TalkTalk auditor quits amid continuing cashflow struggles 

Total Telecom

Deloitte cited serious concerns over the telecom company’s financial controls. A spokesperson for TalkTalk told the Telegraph that the move was planned, and followed a break up of the TalkTalk group last year, where it split into three separate companies: wholesale, consumer broadband and small business.

Finance 264
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BT says Labour’s budget will cost company £100m 

Total Telecom

This was “primarily due to lower revenue, higher specific costs and higher net finance expenses,” the company explained. In response, CEO Allison Kirkby outlined several measures to mitigate this impact, including potentially passing costs on to mobile and broadband customers. Reported profit before tax sits at £1 billion, down 10%.

Telecoms 279
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Shanghai boosts chip fund by $1bn in drive for self-sufficiency  

Total Telecom

This cash increase is expected to enhance the SSIIF’s ability to finance crucial semiconductor projects aimed making China less reliant on foreign technology.

Finance 243
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Quickline Launches Apprenticeship Program to Boost Rural Broadband

VoIP Review

Rural broadband provider Quickline has launched its first telecoms apprenticeship program, marking a commitment to regional talent development. They shadow qualified engineers in installing full fiber broadband for rural homes and businesses in Yorkshire and Lincolnshire.