Business

Nokia and TIM partner to expand 5G coverage in Brazil in 2025

Nokia today announced that it has been selected by TIM Brasil (TIM) to expand its 5G radio access network (RAN) coverage across 15 Brazilian states from January 2025. This partnership will increase the number of municipalities with access to 5G, bringing the benefits of secure, ultra-high-speed connectivity to a w...

Ericsson announces sale of iconectiv

Ericsson (NASDAQ: ERIC) announces that it has entered into a binding agreement with Koch Equity Development LLC in relation to the sale of iconectiv (the “Transaction”). ...

UK government gives Project Gigabit an £800M nudge

The recently elected Labour government in the UK says it has struck a "monumental" deal with Openreach to extend gigabit connectivity to around 312,000 more homes and businesses in hard-to-reach parts of the UK including, for the first time, rural parts of Wales....

Cellnex offloads Austrian business

Spanish towerco Cellnex has agreed to sell its Austrian business to a consortium of investment companies for €803 million (US$877 million) in a deal that Cellnex CEO Marco Patuano described in a statement as "one further step within the company's 'Next Chapter' … to achieve the goal of consolidating, simpli...

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