Lounea to spend up to EUR 400 mln on new Finland Baltic Backbone Venture
FINLAND 11:48

Lounea to spend up to EUR 400 mln on new Finland Baltic Backbone Venture

Finnish fibre operator Lounea said it has established a company under the name Lounea Runkoverkot to carry out a its new Finland Baltic Backbone Venture (FBBV) nationwide network project. FBBV responds to rapidly rising data traffic and the increasing demand for capacity and route diversity. The first phase of FBBV is expected to take approximately two to three years. The total investment is estimated at EUR 200 million to EUR 400 million.

Telcom Group reports FY25 revenue of GBP 27 million
UNITED KINGDOM 11:36

Telcom Group reports FY25 revenue of GBP 27 million

Telcom Group, UK B2B and rural fibre broadband operator, has reported revenue of GBP 27 million for the 12 months to 30 June 2025, up from GBP 17.1 million in FY 2024, boosted by an infrastructure-led expansion. Gross profit jumped to GBP 11.6 million, from GBP 6.7 million a year earlier; with EBITDA from continuing operations reaching a profit of GBP 2.2 million, compared to a loss of GBP 3.8 million in FY24. 

MobilePay tap-to-pay becomes available from 21 banks in Denmark, Greenland and Faroe Islands
DENMARK 11:34

MobilePay tap-to-pay becomes available from 21 banks in Denmark, Greenland and Faroe Islands

Payment service provider MobilePay said that customers of 21 banks in Denmark, Greenland and the Faroe Islands can now activate their bank cards as a tap-and-pay method using MobilePay. This enables them to use a Nordic mobile payment service instead of a US one to tap a shop's payment terminal. The system is available to both iPhone and Android telephone users and both Mastercard and Visa cards can be activated, depending on what the individual bank has chosen.

Verizon plans over USD 1 bln in restructuring charges in Q2
UNITED STATES 11:32

Verizon plans over USD 1 bln in restructuring charges in Q2

Verizon expects to report at least USD 1.25 billion in one-time charges in the second quarter, the company announced in a SEC filing. Over half the amount is an expected loss on the planned joint venture with BT in the international market, and the remainder is for ongoing restructuring measures.

Togo trains first corporate data protection officers
TOGO 11:09

Togo trains first corporate data protection officers

Togo's Personal Data Protection Authority (IPDCP) has trained its inaugural cohort of 32 corporate data protection officers (DPOs) following a three-day training session in Adetikope, TogoFirst reported. They represent sectors such as banking, insurance, telecommunications, healthcare, transportation and local government and will ensure compliance with Togo's 2019 personal data protection law. Their responsibilities include mapping data processing activities, maintaining compliance records, conducting impac

Circles joins Catalyst project to deliver AI telecoms observability
GLOBAL 11:01

Circles joins Catalyst project to deliver AI telecoms observability

Circles has confirmed its participation in TM Forum's Catalyst Program, an innovation collaboration that brings together telecoms and tech providers to mature next-generation technology. The company is participating in an agentic AI-themed Catalyst project based on TM Forum's Open APIs and the Open Digital Architecture framework. Circles' project partners, HCLTech and AI-driven service assurance vendor GreySkies, have formally enrolled in the Catalyst programme, too.

Vodafone Albania rolls out Unlimited Power postpaid plan
ALBANIA 11:00

Vodafone Albania rolls out Unlimited Power postpaid plan

Vodafone Albania is launching a new postpaid plan called Unlimited Power, available from 1 July. This plan offers customers 4,000 national minutes, 100 international minutes, and 1,000 national and international SMS. For internet usage, the plan provides unlimited data within Albania and 50 GB for roaming in EU countries. When roaming in the EU, customers also receive 50 incoming/outgoing minutes and 50 SMS. The monthly fee for the Vodafone Unlimited Power plan is ALL 2,900.

Brazil deploys mobile signal-detection technology to aid Venezuela
BRAZIL 10:59

Brazil deploys mobile signal-detection technology to aid Venezuela

Brazil's telecommunications agency Anatel has deployed a specialised team to Venezuela to assist in earthquake victim search and rescue operations. This humanitarian mission, coordinated with Brazil's Ministries of Communications and Foreign Affairs, utilises spectrum monitoring equipment. This technology, typically used for network inspection, can be configured to detect signals from active mobile phones, even under rubble or in hard-to-reach areas. By identifying these signals, Anatel's technicians can gu

Armenia and US sign IT cooperation
ARMENIA 10:57

Armenia and US sign IT cooperation

Armenia and the US signed a joint statement on cooperation in the IT sector, according to a statement from the Armenian Embassy in the US. The document on cooperation in AI capabilities was signed by Armenian Ambassador to the US Narek Mkrtchyan and US Under Secretary of State for Economic Affairs Jacob Helberg. The Armenian diplomatic mission stated that this partnership reflects the two countries' shared commitment to building a robust, innovation-driven AI future that will advance prosperity, economic se

Perfectum Mobile adds new payment channel
UZBEKISTAN 10:55

Perfectum Mobile adds new payment channel

Uzbekistan mobile operator Perfectum Mobile has added a new option for payments for its fixed wireless service Perfectum 5G. Customers can pay for the service using the mobile application SQB from the bank Uzpromstroybank.

Albania to modernize aerial communications networks
ALBANIA 10:55

Albania to modernize aerial communications networks

Albania has launched a three-year plan to clean up and modernise its aerial communications networks. The initiative, headed by Prime Minister Edi Rama, aims to remove old, unused cables from cities and move essential ones underground, improving urban aesthetics and modernising infrastructure. The implementation period of the plan is three years, and each municipality will be provided with a concrete action plan.

Brazil unites federal security agencies on new government network
BRAZIL 10:53

Brazil unites federal security agencies on new government network

The Brazilian government has presented progress with its new private network, a major infrastructure project designed to unite public agencies into a single, highly secure communication environment. Scheduled for full completion by December 2027, the initiative has started with bringing together agencies in the Federal District. For the first time, distinct forces—including the Federal District Military Police, the Brazilian Army, and Congressional Police—can communicate seamlessly using unified encryption.

FINLAND 10:45

Finnish projects seek over EUR 26 mln in CEF funding for infrastructure projects

The Finnish Ministry of Transport and Communications (LVM) said that operators from Finland are applying for over EUR 26 million in EU funding for digital infrastructure projects. Approximately EUR 17.6 million is being sought by five Finnish-led projects from the European Commission's Connecting Europe Facility (CEF), with some EUR 8.6 million sought by three Swedish-led projects that involve Finnish operators. The Ministerial Finance Committee approved the applications on 25 June ahead of the European Com

GREECE 10:40

Vodafone Greece launches free FTTH upgrade offer for 290,000 customers

Vodafone has launched an initiative allowing 290,000 customers across Greece to upgrade their existing ADSL and FTTC connections to FTTH network at no additional cost. Under this campaign, Vodafone residential clients with active ADSL or VDSL lines in FTTH-ready areas can migrate to Vodafone Full Fiber 100. The upgrade offer is also available for Vodafone Business subscribers.

UNITED KINGDOM 10:20

Connexin reports profit of GBP 23.1 million for FY25

Connexin, UK smart technology and digital services provider, has reported revenue from continuing operations of GBP 16.30 million for the 12 months to 30 September 2025. The operating loss before tax fell to GBP 16 million, from a loss of GBP 19 million in FY24, reflecting ongoing cost optimisation and rationalisation activities undertaken since its withdrawal from the fibre network infrastructure market. Profit for the year jumped to GBP 23.1 million, from a loss of GBP 26.7 million a year earlier, boosted

DENMARK 10:04

Norlys sells IT arm Mjolner Informatics to Accenture

Danish telecoms and utility group Norlys has announced the sale of its IT subsidiary Mjolner Informatics to Accenture and said 400 employees are expected to transfer to the new owner. The acquisition is subject to regulatory approvals, including from the competition authorities. The terms of the transaction have not been disclosed.

ITALY 10:01

Fastweb + Vodafone joins Telgea's cross-border MVNO ecosystem

Fastweb x Founders Factory, a partnership of Italian telecoms provider Fastweb + Vodafone and venture studio Founders Factory, announced a strategic investment into Telgea's AI-native platform that allows enterprises to bring international mobile plans into a unified billing structure and service portal. The deal sees Fastweb + Vodafone's Italian telecoms network and underlying infrastructure join Telgea's operator ecosystem, opening access to international clients.

UNITED KINGDOM 09:51

Wessex Internet revenue up 48% in 2025

Wessex Internet, UK rural full-fibre broadband provider, has reported revenue of GBP 8.51 million for the 12 months to 31 December 2025, up 47.7 percent from 2024, driven mainly by customer growth. Accounts filed with Companies House show an operating loss of GBP 8.94 million for 2025, up from an operating loss of GBP 7.85 million in 2024 on higher staff costs. The EBITDA loss fell to GBP 2.1 million in 2025, from a loss of GBP 3.3 million a year earlier; with Wessex Internet expecting to be generating posi

CANADA 09:42

Canadian govt invests CAD 557,500 in Toronto-based AI company

The Canadian government has announced a CAD 557,500 investment in Toronto-based AI company Tulong Technologies, which uses AI to help companies boost audience engagement. The investment was made through the Federal Economic Development Agency for Southern Ontario under the Regional Artificial Intelligence Initiative. Tulong will use the funds to further develop its AI-powered marketing platforms to help businesses deliver more relevant content across multi-cultural markets, and expand sales across North Ame

UNITED KINGDOM 09:32

UK Finance, banks develop voluntary digital verification service

UK Finance, industry group for the UK banking and finance sector, is working with UK banks on a voluntary digital verification service. The project partners - including Santander, NatWest Group, Nationwide Building Society, Lloyds Banking Group and Barclays - have completed proof-of-concept work, using synthetic data to examine the technical, operational and legal requirements of a digital verification service.

SOUTH SUDAN 09:31

South Sudanese regulator NCA adjusts mobile telecom tariffs amid forex woes

South Sudan's National Communications Authority (NCA) has approved a phased telecom tariff adjustment starting 26 June to protect mobile operators from financial strain caused by foreign exchange rate difficulties and to prevent service disruptions. The NCA said an extra adjustment of about SSP 70 per minute would be applied on top of the baseline tariff. The measure will be reviewed depending on macroeconomic conditions.

RUSSIAN FEDERATION 09:30

Russian competition watchdog warns operators over '5G' ads

Russian federal competition watchdog FAS has advised that Russian mobile operators should change their 5G advertising campaigns within a week or risk potential sanctions, reports Kommersant. The regulator said such campaigns are misleading because commercial 5G services are still absent in the country.

PAKISTAN 09:28

JazzWorld, NICAT to support Pakistan's technology startups

JazzWorld Enterprise Solutions has teamed up with the National Incubation Center for Aerospace Technologies (NICAT) to transform early-stage ideas into scalable, market-ready services. The partnership is designed to establish a structured working group framework through which NICAT will share innovative ideas, proof-of-concepts, and selected student-led technology projects, while JazzWorld will manage industry evaluation and market adoption.

BELARUS 09:27

MTS Belarus renews branding

MTS Belarus said that it renewed its brand. The changes cover the corporate filosophy, as well as the company's slogan and corporate style. The operator claims that the renewed brand platform is based on market research and feedback from customers.

Just In

11:48

Lounea to spend up to EUR 400 mln on new Finland Baltic Backbone Venture

11:36

Telcom Group reports FY25 revenue of GBP 27 million

11:34

MobilePay tap-to-pay becomes available from 21 banks in Denmark, Greenland and Faroe Islands

11:32

Verizon plans over USD 1 bln in restructuring charges in Q2

Commentary

23 JUN 09:56

ACM blocks Delta/Glaspoort deal - what can KPN do?

5 MEI 10:55

KPN: the art of making one-offs structural

4 MEI 14:25

Open Dutch Fiber outlook: time to restart roll-out?

20 APR 10:36

Netflix back to organic growth and doing just fine

Background

28 JUN 23:51

The week in telecoms: Apple raises prices, Qualcomm tries server market and Jio going public

21 JUN 22:52

The week in telecom: sovereignty debate comes to VivaTech, Ericsson succession and Fox buys Roku

1 JUN 00:13

The week in telecom: EU telcos push sovereign services as governments question foreign tech investors

23 MEI 23:42

The week in telecom: Starlink ready to go public, Singapore telco M&A and Google courts AI subscribers at I/O