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,...

CMA approves Inmarsat-Viasat merger

The UK’s Competition and Markets Authority (CMA) has cleared the merger between satellite communications companies Viasat and Inmarsat after an extensive Phase 2 review.

The deal had been referred for further investigation following a Phase 1 inquiry that identified concerns over its potential impact on competition.

The CMA panel examined a range of evidence, including internal documents from the merging companies and competitors, as well as feedback from airlines and...

Vodafone and Three prepare to announce merger

Vodafone and Three are close to agreeing on a merger of their UK telecoms businesses, creating the biggest mobile operator in the country.

The deal is expected to be worth £15 billion ($19 billion) and will knock BT-owned EE from the top spot in terms of mobile subscribers.

The merged company's equity is valued at around £9 billion, with £6 billion in debt. The merger is expected to be agreed this month, with a formal announcement due to be made "very...

Rogers and Lynk partner to offer complete satellite coverage in Canada

Rogers Communications has partnered with Lynk Global to test and provide satellite-to-phone connectivity across Canada.

The collaboration will ensure that Canadians have wireless connectivity access no matter where they are. The move is aimed at helping Canadians reach 911 using 5G and 4G smartphones in remote regions and rural areas that are not covered by any wireless networks.

Tony Staffieri, President and CEO of Rogers, said:

“From underground transit...

85% of telcos had projects delayed by supply chain issues

Research by TXO reveals that 85 percent of operators have experienced project timeline disruptions due to supply chain issues.

The research highlights sourcing new equipment from original equipment manufacturers (OEMs) as a major problem.

Over a third of operators (34%) have been delayed by six months or more. All operators surveyed reported supply chain issues affecting their business.

Over three-quarters (78%) of operators had to wait over three months while...

AT&T conducts ‘space-based’ call using a regular smartphone

AT&T has achieved a significant milestone by successfully conducting the first-ever two-way audio call using satellites with a standard smartphone.

The call was made from AT&T in Midland, Texas, to mobile carrier Rakuten in Japan on a Samsung Galaxy S22 smartphone using AST SpaceMobile's BlueWalker 3 satellite. 

Abel Avellan, Chairman and CEO of AST SpaceMobile, commented:

“Achieving what many once considered impossible, we have reached the most...

VMO2 selling its towers biz stake could net it over £1B

Virgin Media O2 (VMO2) has begun the process of offloading at least 50 percent of its stake in Cornerstone, the UK’s largest telecoms towers company.

The sale of its entire stake could raise more than £1.5 billion if successful, with the total value of Cornerstone estimated to be around £3 billion.

The sale has been sent to potential bidders and VMO2 has appointed Goldman Sachs and JPMorgan to oversee the process. If the stake sale goes ahead, VMO2 will use the cash...

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,...

5G has reached its ‘tipping point’

VIAVA Solutions has revealed that 5G networks are now available in 47 out of the world's 70 largest economies by GDP, according to its annual ‘The State of 5G’ report.

The report shows that there are currently 2,497 cities globally with commercial 5G networks, across 92 countries.

23 countries have pre-commercial 5G trials underway, while 32 countries have announced their 5G intentions. As for the remaining 48 countries, many are smaller island nations that have not...

Telcos competing with hyperscalers on emerging services ‘unrealistic’

Telcos have various irons in the fire for strong future potential, from digital gaming and online video to eHealth and financial services – but they will continue to feel the pinch from Big Tech hyperscalers.  

That is the verdict of analyst firm Omdia who argues in its latest report that while telcos have already invested in areas around TV and online video entertainment, there are other markets to explore, but competing with hyperscalers is ‘unrealistic’. The report,...