As detailed in the Company's Annual Report and Annual Results Presentation published on 18th July, the Company is in discussions with its financial stakeholders regarding the terms of a potential extension of the maturities of the Company’s secured debt, being Revolving Credit Facilities (“RCF”) maturing November 2024 and Senior Secured Notes (“SSN”) maturing February 2025.
Paris, 9 August 2024 - Eutelsat Group has entered into exclusivity and signed a put option agreement with the EQT Infrastructure VI fund (“EQT”) with respect to its passive ground infrastructure assets.
Bharti Global will become BT’s biggest shareholder after buying a 25% stake, worth US$4 billion from Altice.
The Indian tech and telecoms giant said it would buy 9.99% immediately, with the remainder subject to regulatory approval.
The 5G Innovation Region (5GIR) programme has seen 10 regions throughout the UK receive a share of £36m of funding as part of our wider programme to drive 5G adoption. With a focus on key sectors where there is local capability and opportunities, the projects aim to enable the UK to take full advantage of the transformative effect that advanced wireless connectivity and digital technologies can provide.
FRANC was the first intervention DSIT announced from the Open Networks Programme in 2021. A total of 14 projects were funded to support the goals of the Government’s 5G Supply Chain Diversification Strategy by helping to incentivise the industry to create new products and services to unlock the full potential of Open RAN.
These projects have enabled a wide range of organisations to focus on developing technical solutions such as:
The current hypergrowth in GPUs and other accelerator chips for AI in the cloud and the data center will eventually slow down but not until it has transformed the industry, finds the latest edition of Omdia’s AI Processors for Cloud and the Data Center Forecast.
The European Artificial Intelligence Act (AI Act), the world's first extensive and far-reaching legislation on AI, has come into force. Its purpose is to ensure that AI developed and used in the European Union’s member states is trustworthy and thus the Act is hedged around with comprehensive safeguards to protect people’s fundamental rights.
(London, UK, 6th August, 2024): Digital Catapult has launched its first SONIC Labs Technology Access Programme, collaborating with leading organisations to address energy efficiency challenges in Open RAN operations.
A series of Future Capability Papers, authored by the UKTIN Expert Working Groups, are being published over the coming months. Find out more here.
UKTIN spoke to Nick Parsons, Chair of the UKTIN Optical Communications and Photonics Expert Working Group, to learn more about the group’s paper.
Intel is to cut 15,000 jobs, about 15% of its total workforce, as part of a plan to reduce its operating and capital costs by $10bn in 2025, with most of the redundancies set to take place before the end of this year.