Vantiva extends lien facilities to 2030
GLOBAL 12:45

Vantiva extends lien facilities to 2030

Vantiva has announced an extension of maturities on its first lien credit facility priced at Euribor plus 4 percent, and a second-lien credit at Euribor plus 8 percent. The facilities, worth EUR 250 million and EUR 125 million, were both signed in September 2022 and will now run until April and October 2030 respectively. The amend-and-extend transactions were carried out to secure Vantiva's capital structure, supporting its long-term strategic objectives.

Orange Spain launches first prepaid plans including TV
SPAIN 12:44

Orange Spain launches first prepaid plans including TV

Orange Spain (Masorange) has announced the launch of its first prepaid mobile plan including TV. Orange Prepago TV includes 90 television channels, mobile data and unlimited calls and is available in three bundles costing EUR 15-25.

Zain Cash signs payroll services agreement with Al-Manaseer Transport in Jordan
JORDAN 12:36

Zain Cash signs payroll services agreement with Al-Manaseer Transport in Jordan

Zain Cash has announced a payroll services agreement with Al-Manaseer Transport - the Advanced Company for Transport and Freight Services. Al-Manaseer Transport will disburse weekly dues and salaries to its drivers directly through Zain Cash electronic wallets. This gives drivers a fast, secure way to access their funds and use Zain Cash digital financial services, including peer-to-peer transfers, bill payments, mobile top-ups, and cash withdrawals via an approved agent network. The partnership automates p

Clouds2Africa offers data localisation services ahead of Central Bank of Nigeria deadline
NIGERIA 12:30

Clouds2Africa offers data localisation services ahead of Central Bank of Nigeria deadline

Clouds2Africa said it is ready to support financial institutions before the Central Bank of Nigeria (CBN) data localisation directive takes effect on 01 January 2027. Operated by TelCables Nigeria and powered by Angola Cables, Clouds2Africa provides a locally hosted cloud platform tailored for this transition. CBM issued its mandate on 15 June, requiring all banks, fintech organisations and payment service providers to store domestic payment transaction data on local servers.

Gilat obtains USD 43 mln follow-on order for Sidewinder antennas
GLOBAL 12:16

Gilat obtains USD 43 mln follow-on order for Sidewinder antennas

Gilat Satellite Networks said it has received additional orders of USD 43 million from a major in-flight connectivity service provider for its Sidewinder electronically steered antenna (ESA) terminals. Deliveries are planned over the next eighteen months in both line-fit and retrofit configurations. The awards reflect continued demand for low-profile, high-performance connectivity systems designed to meet airline requirements for superior user experience, reliability, scalability and global coverage.

Rocket Lab agrees Iridium acquisition for USD 8 billion
GLOBAL 12:15

Rocket Lab agrees Iridium acquisition for USD 8 billion

Rocket Lab announced an agreement to acquire Iridium Communications for USD 8.0 billion including debt. The move creates a new vertically integrated challenger to SpaceX, bringing together Rocket Lab's satellite launch and manufacturing capabilities with Iridium's global satellite network, spectrum and services. Rocket Lab said it plans to build on the Iridium platform to expand into new market segments. 

ESET details takedown of Amadey botnet
GLOBAL 12:10

ESET details takedown of Amadey botnet

ESET Research, the intelligence-gathering unit of IT security firm ESET, has revealed that it played a role in derailing a major botnet called Amadey and the Stealc infostealer. The operation, led by Microsoft's Digital Crimes Unit, BitSight, Lumen Technologies and Mitsui Bussan Secure Directions, targeted all known network pathways leveraged by both cybercrime platforms, and is believed to have crippled their activity. Both Stealc and Amadey had adopted malware-as-a-service models that allowed criminals to

TNT Sports Broadcasting posts net loss of GBP 597 million for FY25
UNITED KINGDOM 12:06

TNT Sports Broadcasting posts net loss of GBP 597 million for FY25

TNT Sports Broadcasting has reported a net loss of GBP 597 million for the year to 31 July 2025, compared to a loss of GBP 148.84 million in the year-earlier period. This was driven mainly by non-cash charges, including GBP 152.32 million of goodwill impairment, GBP 463 million impairment of intangible assets, and amortisation of intangible assets of GBP 234 million. It ended the year with a net current asset position of GBP 315.09 million. The company operates a group of pay-TV sports channels in the UK an

Comcast to split into media and telecom companies
UNITED STATES 11:50

Comcast to split into media and telecom companies

Comcast announced a plan to split into two companies, separating its connectivity and media businesses. The telecom business will continue under the name Comcast, with former CFO Michael Angelakis returning as CEO, while the broadcast and media business is spun off to shareholders as NBCUniversal, led by current CEO Mike Cavanagh.

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.

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 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

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.

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 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 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

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 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 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

Just In

12:45

Vantiva extends lien facilities to 2030

12:44

Orange Spain launches first prepaid plans including TV

12:36

Zain Cash signs payroll services agreement with Al-Manaseer Transport in Jordan

12:30

Clouds2Africa offers data localisation services ahead of Central Bank of Nigeria deadline

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Background

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