& cplSiteName &

Euronews: UK Broadband Sector Holds Its Breath

Paul Rainford
8/15/2011
50%
50%

British broadband, Telecom Egypt and Virgin Media Inc. (Nasdaq: VMED) stand to attention on a quiet Monday for EMEA telecom news.

  • This could be a big week for the future of U.K. broadband, reports The Guardian, with an announcement expected from Culture Secretary Jeremy Hunt on how a £530 million (US$864.7 million) fund, earmarked to help with the delivery of half-decent broadband speeds to the whole country (including remoter regions such as the Scottish Highlands), is to be allocated. (See Brits Press On With Broadband Plans and UK Outlines Broadband Plan.)

  • The global fixed-line slump continues apace at Telecom Egypt, which, monopoly or no monopoly, has posted a 15 percent drop in profits year-from-year in its second-quarter financials, reports Reuters.

  • Also from Reuters comes news that Tanzania saw a 20 percent increase in its mobile subscriber base in 2010, taking the total to 21 million in a country that has a population of around 44 million. However, according to the country's telecom regulator, which supplied the figures, operators' investment in mobile networks is likely to drop as a result of falling tariffs caused by a fierce price war. (See Scrambling for Africa, M&A-Style.)

  • U.K. cable operator Virgin Media is selling its 50 percent stake in UKTV, the programming company perhaps best known for "lads' channel" Dave, to Scripps Networks for approximately £239 million ($389.5 million). (See Virgin Media Sells UKTV Stake.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Featured Video
    From The Founder
    Light Reading founder Steve Saunders talks with VMware's Shekar Ayyar, who explains why cloud architectures are becoming more distributed, what that means for workloads, and why telcos can still be significant cloud services players.
    Flash Poll
    Upcoming Live Events
    May 14-16, 2018, Austin Convention Center
    May 14, 2018, Brazos Hall, Austin, Texas
    September 24-26, 2018, Westin Westminster, Denver
    October 9, 2018, The Westin Times Square, New York
    October 23, 2018, Georgia World Congress Centre, Atlanta, GA
    November 7-8, 2018, London, United Kingdom
    November 8, 2018, The Montcalm by Marble Arch, London
    November 15, 2018, The Westin Times Square, New York
    December 4-6, 2018, Lisbon, Portugal
    All Upcoming Live Events
    Hot Topics
    Is Gmail Testing Self-Destructing Messages?
    Mitch Wagner, Mitch Wagner, Editor, Enterprise Cloud, Light Reading, 4/13/2018
    BDAC Blowback – Ex-Chair Arrested
    Mari Silbey, Senior Editor, Cable/Video, 4/17/2018
    Verizon: Lack of Interoperability, Consistency Slows Automation
    Carol Wilson, Editor-at-large, 4/18/2018
    AT&T Exec Dishes That He's Not So Hot on Rival-Partner Comcast
    Mari Silbey, Senior Editor, Cable/Video, 4/19/2018
    Comcast, Netflix Cozy Up in New Deal
    Mari Silbey, Senior Editor, Cable/Video, 4/13/2018
    Animals with Phones
    I Heard There Was a Dresscode... Click Here
    Live Digital Audio

    A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

    Like Us on Facebook
    Twitter Feed