APTelecom announced that Jeffrey Fraser has been named as the new Managing Partner of APTProcure, effective immediately. With over 25 years in the telecommunications industry, serving in varying capacities, Mr. Fraser brings extensive industry knowledge and business operations experience to his new role.
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Telecom Review Makes History Again with Successful 16th Leadership Summit
Under its annual theme “Global. Regional. Digital,” the 16th edition of the Telecom Review Leaders’ Summit successfully concluded its two-day gathering with the participation of a broad range of professionals, including telecom operators, telecom vendors, industry regulators, government officials, content providers, cybersecurity experts and consultants, among other attendees.
Frontier Delivers Another Quarter of Record Operational Results
“We delivered another quarter of record-breaking operational results,” said Nick Jeffery, President and Chief Executive Officer of Frontier. “Our team set a new pace for building and selling fiber this quarter. At the same time, we radically simplified our business and delivered significant cost savings ahead of plan. This is a sign of a successful turnaround.
Lumen Unloads EMEA Business to Colt Technology Services for $1.8B
Lumen and Colt have entered into an exclusive arrangement for the proposed sale of Lumen's Europe, Middle East and Africa (EMEA) business to Colt for $1.8 billion. This represents a very attractive multiple (~11x) for Lumen's EMEA business and will create additional value for its shareholders. More information on this transaction can be found in Lumen's 8-K to be contemporaneously filed with this release.
FCC to Explore 12.7 GHz Band For Next-Gen Wireless
Federal Communications Commission (FCC) launches a proceeding to explore repurposing up to 550 megahertz in the 12.7 to 13.25 GHz band (12.7 GHz band) for next-generation wireless services.