Jansen confident on future of BT as he heads for exit
Outgoing BT Group boss Philip Jansen (pictured) backed replacement Allison Kirkby to take the company forward, as he highlighted positives from the operator's fiscal H1 2024 (the six months to end-September).
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VMO2 to sell minority stake of tower JV for £360M
UK operator Virgin Media O2 (VMO2) agreed to sell an almost 16.7 per cent share of joint venture Cornerstone Telecommunications Infrastructure to a partnership of local pension funds for £360 million.
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Vodafone inks Spain sale deal
Vodafone Group struck an agreement to sell its Spanish operations to Zegona Communications in a deal worth up to €5 billion, a move which will see it exit a market with competitive dynamics bemoaned by a string of bosses.
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Veon moves to resolve Ukraine rights issue
Veon filed a pair of legal motions at a court in Ukraine challenging the freezing of corporate rights in operator Kyivstar, seeking to reverse a move announced by the country’s security services earlier this month.
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Telecom Italia brushes-off attempt to derail fixed sale
Telecom Italia pushed on with preparations to submit a proposal from KKR to buy its fixed network spin-off to its board of directors, despite a minority shareholder publicly pushing an alternative plan which reportedly included ousting the operator’s CEO.
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Jio pledges affordable satellite broadband across India
Reliance Jio Infocomm unveiled satellite communications play JioSpaceFiber, a service it claims will be capable of delivering gigabit speed broadband to the most remote parts of India.
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Apple facing potential US import ban
The US International Trade Commission (ITC) recommended the nation impose a limited exclusion order on Apple watches infringing patents held by medical devices company Masimo, a move which could lead to import bans for offending products.
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Ofcom unsold on fair share, clarifies net neutrality stance
UK regulator Ofcom reiterated it was yet to see sufficient evidence to support charges being levied on content providers by operators for carrying traffic, as it issued updated guidelines on which services are allowed under the UK’s net neutrality rules.
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Heavyweights eye bolstered AI security with safety fund
Open AI, Microsoft, Google, Anthropic and various philanthropic organisations pledged an initial $10 million to a fund designed to help raise AI security standards and identify controls needed by authorities to keep the technology in check.
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Telenor poised to decide on fate of Pakistan unit
Telenor Group CEO Sigve Brekke reportedly told Bloomberg the operator group was set to make a decision on a potential divestment of its Pakistan operation by the end of 2023, with the unit currently under strategic review.
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