Business

ECI Telecom hopes to raise $230 million IPO to assist 5G opportunity

ECI Telecom Group intends to float on the main market of the London Stock Exchange, with the aim of raising $230 million in its initial public offering (IPO) for future investments, debt reduction and an increase in its brand profile. The company would also use the funding to help capture the opportunity represented by 5G.

SSE Enterprise Telecoms, Three UK and O2 collaborate to support enhanced fibre rollout in London

SSE Enterprise Telecoms has entered a fibre agreement with Three UK and O2 to support enhanced fibre access in London. The connectivity supplier is licensed to lay fibre optic cables throughout Thames Water’s waste water network; and the new partnership centres around the use of this fibre ring in enhancing Three UK and O2’s connectivity backhaul capabilities in order to stay ahead of an expected surge in data usage in the run up to 5G.

Infinera submarine field trial reaches record-breaking 6.21b/s/Hz

Infinera has successfully completed of a series of submarine field trials over MAREA, a 6,600km submarine cable between Virginia Beach, Virginia and Bilbao, Spain. The trials used the company’s fourth-generation Infinite Capacity Engine (ICE4) advanced coherent technology to help achieve new records for trans-Atlantic real-time spectral efficiency.

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