Telekom Austria has formed a partnership with KPN International to offer what they are describing as one of Europe's largest fiber networks, with 173 points of presence (PoPs) across 35 countries. The partners will make available a range of "backbone-based services," including Ethernet and IP VPNs, to international wholesale carriers and large enterprise customers. (See
Telekom Austria, KPN International Team Up.)
BroadSoft, itself considered a potential takeover target, is buying Hipcom, a UK cloud-based unified communications services provider. Through the acquisition, BroadSoft is looking to bring its BroadCloud PBX service to the UK. (See M&A Mayhem: Who's Next for Oracle?)
UK regulator Ofcom has launched a consultation paper on the possibilities offered by spectrum-sharing in the future, as demand for spectrum for wireless data services increases exponentially. Research commissioned by Ofcom concluded that demand for mobile data capacity will increase 80-fold by 2030, while the wider development of machine-to-machine (M2M) applications could further fuel this demand.
A number of major lenders, Deutsche Bank and HSBC among them, are growing concerned about requests from Saudi Arabia's STC to restructure a $1.2 billion loan, which could result in the banks losing up to $600 million, according to a report on Arabian Business. The loan in question was to Axis Telecom, STC's Indonesian unit.