investment Archives - Telecoms Tech News

AST SpaceMobile attracts investments from AT&T, Google and Vodafone

Ryan Daws — Fri, 19 Jan 2024 18:42:03 +0000

AST SpaceMobile has attracted significant investments totalling $206.5 million from industry giants AT&T, Google, and Vodafone. The investment includes $155 million as a strategic infusion and an additional $51.5 million to be drawn from the company’s existing senior-secured credit facility. This latest investment round underscores confidence in AST SpaceMobile’s technology and its position in the... Read more »

The post AST SpaceMobile attracts investments from AT&T, Google and Vodafone appeared first on Telecoms Tech News.

UK invests £88M in Open RAN initiatives transforming mobile connectivity

Ryan Daws — Thu, 14 Sep 2023 11:15:13 +0000

The UK Government has invested £88 million into 19 groundbreaking Open RAN initiatives under the Open Networks Ecosystem (ONE) competition. Open RAN technology represents a paradigm shift in how mobile networks are built. Rather than relying solely on a single company’s equipment, it allows various companies’ technologies to be interoperable. Nick Johnson, Head of UK... Read more »

The post UK invests £88M in Open RAN initiatives transforming mobile connectivity appeared first on Telecoms Tech News.

UKSA announces £15M satellite communications fund

Ryan Daws — Mon, 17 Oct 2022 14:47:33 +0000

The UK Space Agency (UKSA) has unveiled a £15 million fund to support British firms revolutionising satellite communications. Ideas that could be eligible for funding include satellite constellations, ground systems, or the provision of new services. Science Minister Nusrat Ghani commented: “I am proud to be representing the UK space sector as we discuss our... Read more »

The post UKSA announces £15M satellite communications fund appeared first on Telecoms Tech News.

Research: The leading 5 sectors for 5G investments

Ryan Daws — Tue, 15 Feb 2022 11:56:49 +0000

Research commissioned by World Wide Technology (WWT) has uncovered the leading five sectors for 5G investments. Investors are excited about 5G and its potential returns. Among the investors surveyed for the research, 92 percent are either invested – or plan to invest – in companies that depend on 5G. In declining order, the top five... Read more »

The post Research: The leading 5 sectors for 5G investments appeared first on Telecoms Tech News.

UK satellite firm OneWeb receives a $500M boost from Bharti

Ryan Daws — Wed, 30 Jun 2021 15:00:38 +0000

UK-based LEO (Low-Earth Orbit) satellite firm OneWeb is continuing a big news week with a $500 million investment from Bharti Global. OneWeb received $1 billion from the UK Government and Bharti Global last year. Rt. Hon Kwasi Kwarteng, MP, Secretary of State, BEIS, said: “Today’s additional $500 million investment in OneWeb by Bharti marks yet... Read more »

The post UK satellite firm OneWeb receives a $500M boost from Bharti appeared first on Telecoms Tech News.

Altice takes 12.1% stake in BT due to ‘compelling’ full-fibre opportunity

Ryan Daws — Thu, 10 Jun 2021 10:38:35 +0000

French telecoms giant Altice has taken a 12.1 percent stake in BT to become the company’s largest stakeholder. Altice, a company owned by billionaire Patrick Drahi, has established a UK subsidiary for the purposes of holding a stake in BT. Despite acquiring such a sizable stake in BT, Altice UK says that it does not... Read more »

The post Altice takes 12.1% stake in BT due to ‘compelling’ full-fibre opportunity appeared first on Telecoms Tech News.

UK’s National Cyber Force is unveiled after months of speculation

Ryan Daws — Fri, 20 Nov 2020 13:00:57 +0000

British Prime Minister Boris Johnson has officially unveiled the National Cyber Force (NCF) after months of speculation about its existence. On Thursday, PM Johnson pledged £24.1 billion for the military over the next four years to cement the UK’s position as the largest defence spender in Europe and the second-largest in NATO after the US.... Read more »

The post UK’s National Cyber Force is unveiled after months of speculation appeared first on Telecoms Tech News.

French Finance Minister: ‘We won’t ban Huawei from investing in 5G’

Ryan Daws — Tue, 21 Jul 2020 12:29:14 +0000

French Finance Minister Bruno Le Maire has said the country will not ban Huawei from investing in 5G, in stark contrast to the UK. Speaking to France Info radio, Le Maire said that sensitive locations would be protected by there would not be a “blanket ban” on Huawei. The position is similar to the UK’s... Read more »

The post French Finance Minister: ‘We won’t ban Huawei from investing in 5G’ appeared first on Telecoms Tech News.