VMO2 once again in takeover discussions with TalkTalk

News

Reports suggest that Virgin Media O2 (VMO2) is seeking to purchase TalkTalk’s separated consumer division

This week, a report from The Telegraph suggests that VMO2 is once again in negotiations with TalkTalk related to the acquisition of the latter’s consumer business.

If such a takeover were to take place VMO2 would see TalkTalk’s roughly four million UK broadband subscribers added to their books.

Discussions are said to be in the early stages, with no deal yet agreed.

VMO2 have long expressed an interest in purchasing TalkTalk, having entered negotiations on the matter multiple times in recent years without success. Perhaps the most notable of these discussions came in 2022, when VMO2 was reportedly working towards a £3 billion takeover bid that was ultimately shelved due to unfavourable regulatory and macroeconomic conditions.

Since then, TalkTalk has struggled under the weight of its £1.1 billion debt pile and, in September last year, announced plans to break up the business into three standalone companies, focussing on wholesale, consumer broadband, and small businesses, respectively.

The company’s Business Direct unit has already been sold to the company’s own shareholders for £95 million, while the wholesale unit is currently the subject of separate discussions with both infrastructure fund Digital Bridge and Macquarie, according to reports.

In other news, VMO2 announced today that they have partnered with Hiya to make use of the latter’s AI-powered scam call blocking Hiya Protect technology. The solution uses Adaptive AI to analyse call number behaviour to help in blocking nuisance and fraudulent calls for customers.

EE is notably also partnered with Hiya for this technology.

The news comes just weeks after Ofcom announced a further crackdown on scam callers, including introducing new measures to ensure that operators are doing all in their power to prevent scam calls.

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AT&T and Ericsson unveil first private 5G network in Mexico

News

The network was deployed at one of the country’s best universities, Tecnológico de Monterrey, in Monterrey

This week, AT&T Mexico has announced the activation of what they are calling the nation’s first private 5G network.

The network has been deployed at the business and technological development centre (CEDETEC) of Tecnológico de Monterrey university, one of the country’s leading universities.

Equipment has been provided by Swedish vendor Ericsson, with the project further supported by additional partnerships with Instituto Tecnológico y de Estudios Superiores de Monterrey and local startup hub Endeavor.

The financial details of the deal were not revealed.

“5G networks will increase productivity in manufacturing, reduce CO2 emissions and save lives in mining, to name a few examples of the potential for prosperity, inclusion and sustainability in Mexico,” said AT&T México CEO, Monica Aspe, in a statement.

“Together with allies such as Ericsson, Endeavor and Tec de Monterrey, we are excited to contribute to inserting Mexico into the economy and digital society of the 21st century.”

According to AT&T, the private network will support new use cases, including AI applications, blockchain technology, improved IoT devices, and various industrial solutions.

More specifically, it will support a 5G-enabled robotics project led by the university’s robotics expert David Romero, including the development of a 5G testbed.

AT&T has been gradually growing its market share in Mexico in recent years, with private 5G deployments for enterprise and industry seen as a major opportunity for revenue growth. For the time being, however, the company remains dwarfed by America Movil in the consumer segment, with the former controlling roughly 60% of the market compared to AT&T’s 16%.

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Also in the news:
Bell Canada announces plans to cut almost 5,000 jobs
EE to invest £6 million in retail stores
Mexican president calls for dissolution of telecoms regulator

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