Lumen offloads consumer ops for $7.5 billion
Lumen has brokered a US$7.5 billion deal with Apollo Global Management that will see it part with its legacy consumer operations in 20 states across the Midwest and Southeast of the US.
Lumen has brokered a US$7.5 billion deal with Apollo Global Management that will see it part with its legacy consumer operations in 20 states across the Midwest and Southeast of the US.
Telefónica Deutschland will be able to sell services that run on the combined Vodafone and Unitymedia cable network in Germany.
Communications chip giant Qualcomm has moved to augment the fixed-line offering of its Atheros subsidiary with the acquisition of broadband chip and software provider Ikanos for $2.75 per share.
A report from UK analyst firm Ovum has found that preliminary results for the FTTx, DSL and CMTS markets in the second quarter of this year show a mix of growth and declines as multiple transitions in fixed access technologies and products continued.
The number of broadband subscribers worldwide rose by 3.08 per cent (or 17.4 million lines) during the third quarter of 2011 to reach a total of 581.3 million, according to new figures prepared for the Broadband Forum by Point Topic.
Fixed broadband services in emerging markets are more expensive than in mature markets, keeping them beyond the reach of the majority of consumers, according to research house Ovum. The firm studied broadband prices across 19 emerging markets, including South Africa, Nigeria and Colombia, concluding that growth in fixed broadband is being seriously impeded by the high service cost.
The number of broadband subscribers in France had reached 21.774 million by the end of the first quarter of 2011, up slightly from 20.234 million one year previously, according to the latest market report from the country’s telecoms regulatory body Arcep.
Optical fibre technology is finally starting to make significant inroads into the broadband space worldwide, at the expense of DSL, according to a market report by telecoms analyst house Ovum.
UK communications watchdog Ofcom published the results of its research into fixed line broadband speeds in the UK on Tuesday, and it makes disappointing reading.
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