Vodafone Spain is being sold to Zegona for €5B

Vodafone has confirmed the sale of its Spanish operations to Zegona Communications, in what it says is a bid to reshape its portfolio for future growth.

The deal, valued at €5 billion, comprises a cash consideration of €4.1 billion and up to €0.9 billion in Redeemable Preference Shares (RPS).

Upon completion, Vodafone will continue to provide services to Vodafone Spain under a pre-agreed annual service charge of approximately €110 million to ensure a seamless...

Telefónica will phase out copper in Spain by 2024

Telefónica has reaffirmed its commitment to transform its fixed infrastructure by completely switching to Fibre-to-the-Home (FTTH) and closing all its copper exchanges by 2024.

The copper switch-off will coincide with the company’s centenary. The move is in line with Telefónica’s strategy to increase the performance and speed of service while reducing energy consumption and its carbon footprint.

José María Álvarez-Pallete, Chairman of Telefónica,...

Vodafone opens R&D centre to design its own Open RAN chips

Vodafone has opened Europe’s first dedicated R&D centre to help the operator design its own Open RAN chips.

Open RAN helps to break up the relative monopoly held by a handful of telecoms equipment vendors and provide greater diversity in national infrastructure.

An increasing number of governments and operators are supportive of Open RAN for its benefits of helping to lower costs, prevent vendor lock-in, and lessen the impact of decisions like banning Huawei from...

Google’s subsea cable Grace Hopper delivers a ‘new generation’ of transatlantic connectivity

Google has announced that its subsea cable Grace Hopper has landed in the UK, bringing with it a “new generation” of transatlantic connectivity.

The new subsea cable is one of the first to be connected between the US and UK since 2003 and stretches from New York, US to Bude, UK and Bilbao, Spain.

With its 16-fibres, Google bosses claim Grace Hopper has 340 Tbps of capacity—equivalent to approximately "17.5 million people streaming 4K video...