business collaboration

TE and Vodafone Egypt Partner for Network Sharing

TE (Telecom Egypt) and Vodafone Egypt have reached to an agreement on telecommunication infrastructure sharing. The telecom companies have signed a two ten-year transmission and infrastructure agreements with a total value of US$620 million. The transmission agreement covers the current networks of Vodafone in Egypt and the investments they will make in the future for domestic transmission services for both…

British Telecom's Symbol in China map

China Approves BT for Domestic IP-VPN and Internet Service

In a landmark achievement for the British Telecom (BT), the Ministry of Industry and Information Technology (MIIT) in China has approved its applications for a nationwide domestic IP-VPN license and internet service provider license. BT is the first international telecommunication provider to get the licenses in China to provide IP-VPN and Internet services. What BT Can do? The two licenses…

illuminated fibers with the letters of au

Leoni-Hengtong JV to Start Single-Mode Fiber Production in Germany

Germany’s Leoni and China-based Hengtong groups have signed a Joint-Venture agreement for mass-production of single-mode optical fibers in Jena, Germany. Leoni’s subsidiary j-Fiber has production facilities in Jena for optical fibers that are used for telecommunication and special applications. The JV will utilize this plant to start production and serve the cable makers not only in Europe but to the…

OFS Furukawa factory Norcross, United States

Furukawa Completes Expansion of Optical Fiber Production Facility

Furukawa Electric Company announced the completion of production capacity expansion in its optical fiber production facility in the Norcross, Georgia (OFS Optical fiber production). The company announced its expansion plan in 2017 in order to double the fiber manufacturing capacity. The announcement came along with a ribbon-cutting ceremony at the facility, attended by the Japanese Consular General, representatives from Gwinnett…

optical fibers coming from the aerial pole to a home

Telefonica Secures Funds for its FTTH Projects

FTTH is the Greenest Network in the Market and Telefonica’s investors show confidence in its continuing FTTH projects. The first of its kind in the telecom industry, Telefonica issues a green-bond amounting to euro 1billion for a term of five years. The transaction came after the presentation of Telefonica’s sustainable financing framework to the telecom market. The final book stood…

A banner with words of Telefonica written on it

Telefonica Sells its Guatemala and El Salvador Units to America Movil

Central American subsidiary unit of Telefonica, Telefonica Centroamerica Inversioines has entered into an agreement with America Movil for the sale of the former’s entire shares of Telefonica Guatemala and 99.3% shares of Telefonica El Salvador. The estimated transaction amount in total is US$925 million. Parent Group Telefonica has major shares in Telefonica Centroamérica Inversiones, S.L., which is 60% (directly and…