Business

Spark ends torrid year with $181M tower sale

Embattled New Zealand telco Spark has sold its remaining stake in mobile tower firm Connexa as it wrestles with a flat business outlook and low stock price. The company announced Thursday it will offload its 17% holding to Canadian asset management firm CDPQ for 314 million New Zealand dollars (US$181 million). ...

Nokia and EOLO deploy Europe's first 5G standalone mmWave network in Italy

Nokia announced it has signed a four-year deal with EOLO, a Benefit Corporation, and the first B Corp in the Italian telecommunications sector, leader in FWA (fixed wireless access) connectivity, to deploy the first 5G standalone mmWave Radio Access Network in Europe. The deal supports EOLO's ambitions to connect u...

Vodafone and Three merger will further decimate UK telco jobs

The confetti from a detonated party popper dangles off a greasy monitor, where it flutters in the rancid gusts of carbon dioxide that emanate from a snoring executive. Across the open-plan office, workstations are buried under boxes of half-eaten pizza and part-drunk bottles of booze. Visible desk space is sti...

Nokia extends long-term partnership with Iliad Group

Nokia today announced that it has signed a new multi-year contract extension with iIiad Group (iIiad) to support the operator's 3G, 4G, and 5G mobile networks across France and Italy. The deal, which also includes the operator's footprint on the French Caribbean and Indian Ocean Islands, will see the continuati...

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