The IPO of Swedish cable operator Com Hem AB has proved a hit, reports Bloomberg, attracting sufficient orders for all the shares offered to raise approximately 5.67 billion Swedish kroner (US$850 million). The money raised by the IPO will be used mainly to pay off debts. Com Hem has its network connected to 1.83 million Swedish homes. (See Com Hem Preps $829M IPO.)
A novel 4G wireless broadband service that has been a couple of years in development and is being pitched as a serious replacement for fixed-line broadband has been launched in London under the brand name "Relish," reports the Daily Telegraph. Relish is owned by UK Broadband Ltd. , which itself is owned by PCCW Ltd. (NYSE: PCW; Hong Kong: 0008), the holding company that belongs to Hong Kong's Richard Li. It uses an LTE TDD network in the 3.5GHz and 3.6GHz frequency bands, which is incompatible with the type of 4G used for smartphones. PCCW had originally acquired these spectrum bands to provide (what turned out to be ill-fated) WiMax services. (See 4G: Live in London.)
A consortium of UK broadcasters is planning to offer a rival service to the YouView catch-up TV service, based on the "free-to-air" Freeview digital TV platform, The Guardian reports. YouView has been criticized as being "hijacked" by the likes of BT Group plc (NYSE: BT; London: BTA) and TalkTalk , effectively turning it into a pay-TV platform as part of bundled TV offerings, when it was originally envisaged as a way for those who preferred not to subscribe to pay-TV to access a comprehensive catch-up service. The new five-year project, Freeview Connect, will be led by Digital UK and be backed by more than £100 million ($167 million) in investment from the various interested parties.
The authorities in the troubled Central African Republic have suspended all SMS communication in an attempt to thwart a campaign of civil disobedience that they believe was being orchestrated using text messages, reports Reuters.
Russian mobile subscriber numbers are falling as operators clean up their subscriber bases and the market reaches saturation point, reports Reuters. Subscriptions stood at 241.5 million at the end of March, down from 242.8 million three months earlier.
Broadband Everywhere, a UK Internet service provider, has launched satellite broadband services for the whole of Scotland, including the more remote areas, where the sheep massively outnumber the humans. The ISP already provides Astra Connect satellite Internet to customers in England and Wales, via SES S.A. (Paris: SESG) satellite Astra 2F.v, but this new, expanded coverage will be powered by Astra 2E, SES's newest satellite.
They're looking forward to their satellite broadband, but hoping they won't be fleeced by the pricing structure.
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.
During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.
She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.