In December, Greece's OTE Group announced a major broadband investment plan. The group revealed that its domestic telco unit Cosmote would be pumping €3 billion ($3.4 billion) into the expansion of its infrastructure between 2022 and 2027.
The investment was backed by OTE Group’s controlling shareholder Deutsche Telekom.
Brazil’s long-awaited 5G spectrum auction drew to a close in November. It generated total commitments of BRL47.2 billion ($8.5 billion).
Alongside bids from major players Telefonica Brasil (Vivo), Claro Brasil, and TIM Brasil—and established regional players like Algar Telecom and Sercomtel—the auction featured a number of lesser-known participants.
Today we scrutinize the other companies that scooped up 5G frequencies and examine their plans.
According to a study commissioned by Swedish equipment vendor Ericsson, 5G connectivity could be fundamental to Europe achieving future climate targets.
The study finds that until 2030, at least 40% of the EU’s carbon reduction solutions will rely on fixed line and mobile connectivity. 5G will play a major part in this trend.
Starlink—the satellite broadband venture established by Elon Musk’s SpaceX business—has attracted plenty of attention this year, especially as the outspoken entrepreneur continues to share his company’s ambitious plans on social media.
With fellow tycoon Jeff Bezos plotting an alternative satellite broadband launch via Project Kuiper, the two billionaires have become embroiled in an increasingly bitter public feud in recent months.
But these two heavyweights aren’t the only parties determined to enter the satellite broadband sector. From China, to Canada, to the UK, let’s break down the key international players targeting the low earth orbit (LEO) sector to see how their respective proposals stack up.
Following last month’s Progress Report in which we examined key wireless newcomers, today we scrutinize would-be major players who are finalizing their launch plans.
Telecom tycoon Patrick Drahi was born in Casablanca, Morocco in 1963, before moving to France as a teenager.
His cosmopolitan reputation precedes him. He currently holds Israeli, French, and Portuguese citizenship. A renowned art lover, his 2019 takeover of British auction house Sotheby’s thrust him into the UK media spotlight.
Understandably, his recent £2.2 billion ($3.1 billion) acquisition of a 12.1% stake in British communications giant BT has only intensified scrutiny on the notoriously private Drahi.
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