Bell intends to cut its CAPEX by more than $1 billion in 2024-25, posing a threat to the expansion of its fiber network. In 2024 alone, the company plans to reduce investment by a minimum of $500 to $600 million, originally allocated for bringing high-speed fiber Internet to additional homes and businesses in rural, suburban, and urban areas.
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Liberty Latin America and Phoenix Tower International Collaborate for Mobile Tower Monetization
Liberty Latin America has reached an agreement with Phoenix Tower International (PTI) to monetize approximately 1,300 mobile tower sites across Panama, Jamaica, The Bahamas, Puerto Rico, Barbados and the British Virgin Islands.
Enhanced Digital Connectivity in South Pacific with New Subsea Cables
In collaboration with a number of partners, including Fiji International Telecommunications, Office of Posts and Telecommunications of French Polynesia, APTelecom and Vocus Group, South Pacific Connect initiative will deliver two new international subsea cables connecting Fiji and French Polynesia to both the United States and Australia.
Telxius Extends Ultra-High Capacity Subsea Cable to Mexico
Telxius, a leading global connectivity provider, will be extending its ultra-high capacity subsea cable Tikal to land in Cancun (Mexico). Tikal was announced jointly with America Movil in January 2023 to connect Puerto Barrios (Guatemala) to Boca Raton (United States). Telxius will now lead independently, on its own, the extension project to Cancun and the related supply contract is already in force with ASN.
Daniel Kurgan Appointed as Arelion CEO
The Board of Directors of Arelion appointed Daniel Kurgan as the new President and CEO of the company. A board executive of Arelion since January 2022, Kurgan has more than 25 years of experience from the industry and several leading positions, including 14 years as CEO of BICS, Chairman of TeleSign, Chairman of Intercloud and Senior Advisor at Drake Star.