Business

Advanced data centre optical transceiver manufacturer, Kaiam’s UK and Europe operations have gone into administration.

Cisco is to acquire semiconductor company, Luxtera for $660 million in cash, with the intention to incorporate its technology across the company’s intent-based networking portfolio, spanning enterprise, data centre and service provider markets.

Alternative network provider, CityFibre has put in place a debt package of £1.12 billion, proceeds from which are to be used to fund the first part of a £2.5 billion investment plan, which will see the company roll-out full fibre to five million homes by 2025.

UK communications regulator, Ofcom has set out its initial views on how to define geographic markets from 2021, when carrying out the next review of wholesale telecoms networks. This is as part of its long-term plans to support investment in fibre networks.

Nexans has been awarded a €65 million contract to supply optical fibre solutions for the Swedish government’s Transport Administration, Trafikverket. The cable solutions will be used with microducts and microduct bundles from Emtelle in rail projects as the Swedish government continues to develop FTTX networks throughout the country.

UK communications regulator, Ofcom has proposed to make BT and KCOM the UK’s broadband universal service providers, following submissions of interest from eight companies. Ofcom is also consulting on the obligations that should apply to them in delivering the universal service.

Altice Europe subsidiary Altice France has entered into an exclusivity agreement with three investment funds to sell a minority equity stake of 49.99 per cent in its French fibre optic business, SFR FTTH, for a total cash consideration of €1.8 billion based on a €3.6 billion equity value.

Openreach is extending its G.fast broadband footprint to a further 81 locations across the UK.

TalkTalk has established a new company called FibreNation, under an independent chair, with the aim to roll-out full fibre infrastructure to around three million UK homes and businesses.

Dutch developer of dense wavelength-division multiplexing (DWDM) optical components, Effect Photonics has now completed its second round of financing to accelerate the ramp of its tunable small form-factor pluggable production line and aid development of future technologies.