MTNL will Get Support from Government

India’s Ministry for Communications and Information Technology has decided to extend its support the ailing MTNL, the public sector telecom service provider of Mumbai and New Delhi. The state of affairs in MTNL went wrong ever since it started reporting loss continuously for the past many years and the Central Government announced it’s policy to close down all loss making…

Orillia Ontaro Swift fiber optic network

SWIFT Network Urges Orillia to Join

The Southwest Integrated Fibre Technology (SWIFT) urges the city of Orillia in Central Ontario, Canada to join their network. Orillia city council had discussed the pros and cons of joining the high-speed telecommunication network that use fiber optic technology to deliver high bandwidth services. Some of the city councilors raised their concern on the benefits of joining the SWIFT network….

Safaricom Plans Fiber Optic Network Expansion

Kenyan Telecommunication service provider Safaricom Ltd plans to expand its mobile and fiber optic network. Safaricom will launch high speed broadband services to the homes to boost company’s growth. There is a growing demand for high speed broadband services from Kenyan subscribers, which the provider can translate into business. Safaricom had posted 17 percent rise in its annual earnings. Reuters…

Netia Agrees to Acquire TK Telekom

Poland’s telecom service provider Netia had agreed to takeover its competitor TK Telekom. Netia agrees to an estimated value of around 61 million dollars. After finding the funds necessary for acquisition, Netia, the second largest telecom operator in Poland will finalize the deals with Polish State Railways, who owns TK Telekom. Netia is Poland based telecommunication service company which owns…

Telecom Italia-Metroweb Merger Talks Not Fruitful

Telecom Italia updates its discussions with the government authorities about Metroweb, another Italian service provider for a possible takeover was not fruitful to their satisfaction. There were reports that Telecom Italia has been in talks with Metroweb management and government for merger. Officials from Telecom Italia commented that the merger talks are in uncertainty as their movements could not be…

AUB Ready to Offer Fiber Optic Broadband Internet

Athens Utilities Board (AUB) had finished negotiations with Electricity Power Board (EPB) and Volunteer Energy Cooperative (VEC) to offer broadband internet services over fiber optic networks. After signing all necessary papers to get clearance for starting the services, AUB officials commented that they are now ready for offering high speed broadband services to the business and industrial subscribers in the…