DriveNets continues 'unicorn' trajectory with $262m additional funding

DriveNets, a leader in cloud-native networking solutions, today announced it has secured $262 million in a Series C venture capital funding round, considerably increasing the company’s valuation over its January 2021 Series B round. 
The round was led by D2 Investments with the participation of DriveNets’ current investors, including Bessemer Venture Partners, Pitango…

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AT&T contributes $6m to library-based digital literacy programmes

As part of $6 million in contributions, AT&T is bringing bilingual, in-person digital literacy workshops to more than 400 libraries and community centers across the country. These contributions are part of our $2 billion commitment from 2021 to 2023 to help bridge the digital divide.
 
AT&T’s digital literacy initiatives aim to help more than 65,000 people learn to use computers and mobile devices, navigate the internet and commonly used apps, and participate safely and responsibly in today’s increasingly connected world. These are crucial skills for people who are new to using the internet and computers…

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5GAA and 6G-IA sign MoU for V2X technology

Today, the 5G Automotive Association and the 6G Smart Networks and Services Industry Association (6G-IA) have announced a new Memorandum of Understanding (MoU), agreeing to collaborate on the development of V2X and CAD technologies and their respective ecosystems. 
The new relationship between the two organisations will see them help increase the communication and collaboration between EU…

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CityFibre Invest £30m to Rollout FTTP Broadband in Hastings and St Leonards

Network operator CityFibre has today confirmed that they’ll invest £30 million to rollout their new gigabit-capable Fibre-to-the-Premises (FTTP) based broadband ISP network to 60,000 premises across the East Sussex town of Hastings (including St Leonards) in England – reaching “almost every home and business across the area.” The location has been on the operator’s rollout […]

EE UK Launch New 4G and 5G Pay Monthly Mobile Plans and WiFi Boost

Mobile operator EE (BT) has today launched a refreshed range of Pay Monthly ‘Essentials‘, ‘All Rounder‘ and ‘Full Works‘ mobile plans for SIM-Only, handset bundles and connected device customers, which add various new features (e.g. a WiFi Coverage Boost, the Apple One subscription plan and a Multi-Line SIM discount etc.). Under the new approach, all […]

Gloucester Full Fibre Network from ITS Goes Live for 2,100 Businesses

The ITS Technology Group (its.), which now operates 36 wholesale full fibre broadband and Ethernet networks across urban parts of the UK, has today announced that their latest “Faster Britain” deployment has just gone live across part of Gloucester – giving more than 2,100 businesses access to a new 10Gbps capable network. The operator’s “Faster […]

KKR acquires cybersecurity firm Barracuda for $4bn

This week, US investment firm KKR has announced that it has completed its acquisition of California-based IT security company Barracuda Networks from fellow private equity company Thoma Bravo.
The financial details of the deal have not been announced, but inside sources have previously suggested a price tag of roughly $4 billion. 
Barracuda provides cybersecurity solutions to small and medium…

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1&1 announces first live 5G test over Open RAN network

This week, 1&1 have announced a successful 5G trial using their fully virtualised Open RAN network. 
 
In a LinkedIn post, the company said that the test was conducted under real life conditions with real customer behaviour, delivering impressive results.
 
“In July, we launched the first Friendly User Test under real conditions and in real customer behaviour! The results made our predictions and were sometimes even higher!&rdquo…

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Vodafone Ghana network expansion continues amid takeover turmoil

This week, Vodafone Ghana has announced plans to expand its mobile network by up to 30% by the end of October. 
Vodafone says it is currently in the process of rolling out roughly 300 4G and 3G sites across the nation, with around half the work already completed. In addition, the company says it is increasing the capacity of its existing sites…

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UK ISP Grayshott Gigabit Launch Cheaper Broadband Social Tariff

Broadband ISP Grayshott Gigabit, which is deploying a new gigabit-capable Fibre-to-the-Premises (FTTP) network across rural parts of East Hampshire, the Surrey Hills and surrounding areas, recently became the latest UK provider to launch a cheaper social tariff – called ‘Connect‘ – for those on certain benefits. At present the operator, which seems to be adopting […]