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Community Fibre raises GBP 50 mln, names Oxby as CEO

2019-07-16 11:07:00| Telecompaper Headlines

(Telecompaper) London operator Community Fibre said it's raised another GBP 50 million in funding from its two institutional investors, RPMI and Amber Infrastructure. With over 70,000 London homes passed to date, the additional investment will enable Community Fibre to expedite its  capital-wide growth strategy. In addition, Community Fibre announced the appointment of Graeme Oxby as its new CEO

Tags: community names ceo gbp

 

Poland to announce new POPC broadband network contract in Q4 worth PLN 580 mln

2019-07-11 09:39:00| Telecompaper Headlines

(Telecompaper) The Centrum Projektow Polska Cyfrowa (CPPC) plans to announce a new contract for the deployment of a broadband network under the framework of the Operational Programme Digital Poland (POPC), reports Telko.in. The invitation to tender bids will be announced in the fourth quarter of this year. According to preliminary data, PLN 580 million will be allocated for this purpose.

Tags: network worth contract poland

 
 

GTT buys KPN's international network for EUR 50 mln

2019-07-08 08:34:00| Telecompaper Headlines

(Telecompaper) Dutch operator KPN has agreed to sell its international network to GTT Communications for EUR 50 million excluding cash and debt. The transaction includes the sale of international fibre assets and network points of presence (POPs) in 21 countries.

Tags: international network eur buys

 

NBN Co beats FY2019 rollout targets, nears 10 mln ready to connect premises

2019-07-03 07:38:00| Telecompaper Headlines

(Telecompaper) NBN Co, the company building and operating Australia's broadband access network, announced that it has exceeded its rollout and activation targets for FY19. In the three months to 27 June, NBN Co connected more than 1.1 million premises to its network, which brought the total number of ready to connect premises to 9.93 million at 27 June. NBN's FY19 forecast target was 9.7 million ready to connect premises.

Tags: ready connect targets premises

 

German authority fines Facebook EUR 2 mln for incomplete report on illegal content

2019-07-02 14:51:00| Telecompaper Headlines

(Telecompaper) The German Federal Office of Justice (BfJ) has imposed a fine of EUR 2 million on Facebook for failing to list all the complaints concerning illegal content in its transparency report for the first half year of 2018. 

Tags: content report eur german

 

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