The latest telecom news includes announcements on China Mobile, HKBN, Soracom, Intelisys, GoNetspeed’s fiber-optic network, among others.
China Mobile Boosts Stake in HKBN, Moves to Integrate Mobile and Fixed-Line Services
China Mobile acquired a 14.4 percent stake in Hong Kong Broadband Network (HKBN) for HK$1.08 billion (about $137.58 million), increasing its total ownership in HKBN to nearly 30 percent. The purchase was made through China Mobile Hong Kong (CMHK), which bought 213.6 million shares at HK$5.075 each from Twin Holding. Before the sale, Twin Holding held 15.46 percent of HKBN and now holds 1.02 percent. This investment allows China Mobile to combine mobile and fixed-line infrastructure, aiming to improve cost efficiency and expand services such as mobile data, home broadband, cloud storage, and enterprise connectivity under one company. The integration is expected to affect profit margins and service quality over time, Reuters reports.
Soracom and Intelisys Team Up to Boost IoT Connectivity with Single SIM Multi-Carrier Solution
Soracom has partnered with Intelisys to expand IoT cellular connectivity for channel partners. The partnership offers Soracom’s cloud-native platform with multi-carrier LTE, 5G, and satellite connectivity through a single SIM solution. It includes features like IMEI lock, Out-of-Band Management (OOBM), and networking options such as Virtual Private Networks. This collaboration aims to simplify IoT deployments, reduce operational overhead, and speed up time to market. Soracom’s Connectivity Management Platform (CMP) provides partners with control over IoT deployments via a single SIM and APN, with tools for device management, data routing, packet capture, and real-time network analytics.
GoNetspeed Expands Fiber-Optic Network, Delivering High-Speed Internet to Over 14,300 Danbury Homes and Businesses
GoNetspeed completed a $7.6 million investment in Danbury, Connecticut, delivering fiber-optic internet to over 14,300 homes and businesses. The network offers symmetrical upload and download speeds from 500 Mbps to 2 Gbps. This project expands fiber coverage across the city, providing faster internet service to residential and commercial customers. The infrastructure supports activities like streaming, gaming, remote work, and business operations requiring high-speed connectivity. The fiber network uses advanced technology to deliver consistent speeds and lower latency compared to traditional cable or DSL services. The rollout included upgrading existing lines and installing new fiber cables throughout Danbury.
TelecomLead.com News Desk
