Drahi: If Altice corruption allegations are true, I feel ‘betrayed’

Patrick Drahi, the billionaire founder and controlling shareholder of Altice International, publicly addressed the corruption allegations that have recently surfaced involving the company's Portuguese operations.

Speaking during a Q2 2023 call for debt investors, Drahi expressed shock and disappointment over the allegations and stated that if proven true, he feels "betrayed and deceived."

The corruption probe, which came to light last month, centres around procurement...

8 August 2023 | 5G

Openreach supports digital transformations with 100Gbit/s data transport

Openreach has adopted Adtran’s FSP 3000 open optical transport technology to launch the new Optical Spectrum Access 100G Single enterprise service.

The solution offers a dedicated fibre link that allows more UK businesses to access point-to-point 100Gbit/s data transport, meeting the surging demand for high-bandwidth services.

Simon Williams, Head of Optical Products at Openreach, said:

“Corporate cloud applications and other data-intensive tasks such as...

3 August 2023 | Broadband

BT appoints Allison Kirkby as CEO

BT has officially announced the appointment of Allison Kirkby as its new chief executive.

Kirkby will succeed Philip Jansen and is expected to assume the role by the end of January 2024 at the latest.

“I’m incredibly honoured to have been appointed as the next chief executive of BT Group. BT is such an important company for the UK, and our many customers both in the UK and internationally and is uniquely placed to help everyone benefit from the rapid advances in...

31 July 2023 | 5G

BT and OneWeb use LEO satellites to connect rural island

BT and OneWeb have successfully brought high-speed, low-latency internet connectivity to Lundy Island, North Devon, marking a significant milestone in providing reliable connectivity to remote locations.

Lundy Island, situated 19 kilometres off the coast of North Devon, has long struggled with limited access to the internet. However, the recent partnership between BT and OneWeb has introduced a game-changing solution that leverages cutting-edge satellite technology to bridge the...

21 July 2023 | Broadband

Altice co-founder detained in corruption investigation

Altice co-founder Armando Pereira has been detained following a search of his home in Vieira do Minho, Braga.

The investigation – which involves suspicions of corruption, tax fraud, and money laundering – also resulted in the arrest of two other individuals.

Authorities conducted searches at various locations, including the former headquarters of Portugal Telecom (PT) – which became Altice Portugal in 2018 – in Lisbon, as well as the residence of Hernâni Vaz...

17 July 2023 | Broadband

BT to find new CEO amid takeover rumours

BT CEO Philip Jansen has revealed his plans to step down from his position, sparking rumours of a possible takeover bid for the telecommunications company.

BT stated that Jansen would depart at an "appropriate moment" within the next 12 months. 

The news comes as BT intensifies efforts with advisors Robert Warsaw and Goldman Sachs to strengthen its takeover defence strategy, amidst speculations of interest from Deutsche Telekom, which currently holds a 12 percent...

10 July 2023 | Broadband

Brits hit with above-inflation price increases for unreliable broadband

Consumer champion Which? has found that Brits are being hit with above-inflation price increases for their broadband while suffering from unreliable services.

According to the research – which gathered responses from nearly 4,000 broadband customers – 53 percent of respondents had experienced issues such as slow speeds, connection dropouts, outages, and router problems.

The problems were widespread across all broadband providers, with only marginal differences...

5 July 2023 | Broadband

DISH now offers 5G broadband to over 70% of US population

DISH Wireless has announced the availability of its 5G broadband service to over 70 percent of the US population, granting access to more than 240 million Americans.

The development is a significant milestone for DISH and the US telecommunications industry, as the company designed, constructed, and deployed a 5G network within a span of just three years.

DISH highlights that it has also fulfilled all other commitments outlined by the Federal Communications Commission...

15 June 2023 | 5G

London Tech Week kicks off with initiatives to boost UK telecoms

The 10th London Tech Week has commenced with a series of ambitious initiatives aimed at solidifying the UK's position as a telecoms leader.

Some of the initiatives announced this week include:

Supporting local authorities in procuring and testing "smart lampposts" to enhance connectivity within communities Signing a landmark Memorandum of Understanding (MoU) between the UK and Australia to establish a roadmap for future telecoms collaboration Connecting the remote...

12 June 2023 | 5G

Vodafone to cut 11,000 jobs as part of turnaround plans

vodafone europe telecoms margherita della valle job cuts

Vodafone is undergoing a major restructuring effort under its new CEO, Margherita Della Valle.

The company has announced plans to cut 11,000 jobs across Europe as part of its turnaround strategy. Della Valle stated that the company's performance has not been up to par and that changes are necessary for Vodafone to consistently deliver.

One area where Vodafone sees potential for growth is its business segment. Despite representing only 27 percent of group service revenue,...

17 May 2023 | 5G