Remove Cable Remove Connectivity Remove Finance
article thumbnail

Somalia’s NCA, IFC to revamp submarine cable landings

Developing Telecoms

The National Communications Authority of Somalia (NCA) partnered with the International Finance Corporation to prepare new regulations for submarine cable landings aimed at bolstering Somalia’s connectivity sector.

Cable 320
article thumbnail

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 271
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. The company has reported 446,000 new active connections on this network, raising its total to 5.5 Reported profit before tax sits at £1 billion, down 10%. Openreach passed 2.1 million premises for FY25.

Telecoms 266
article thumbnail

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 253
article thumbnail

TIM receives €700m bid for Sparkle 

Total Telecom

The involvement of MEF and Retelit in the bid indicates a potential national interest in securing Sparkle’s infrastructure, which plays a significant role in Italy’s connectivity to global markets. Further updates are anticipated as discussions progress.

Finance 205
article thumbnail

The intelligent revolution: Making the digital economy intelligent

Total Telecom

This year, however, the rapid development of disruptive technologies like AI saw discussions move beyond how to simply connect and digitalise business functions, instead focusing on how to analyse, interpret, and automate them. Our partnerships are growing fast in the enterprise market. It should be a benefit for all,” Li concluded.

Marketing 181
article thumbnail

Broadband Providers, Bankers Want FCC Not to Rely on Weiss Ratings

Broadband Breakfast

WASHINGTON, August 6, 2024 – Broadband providers and banking groups are continuing to ask that the Federal Communications Commission ditch the bank rating system it has relied on for its subsidy program’s financing requirements.