Airtel, Vodafone Idea sell Firefly Networks in India
The carriers have sold off their joint venture
The carriers have sold off their joint venture
The deployments will take place this year
The sale is part of plans to simplify the company's overall business
Snaps up more than 6,300 towers in the process
The transaction will enable Swisscom's growth in the country, says the operator
An additional $3 billion in funding is expected to support the program
But an appeal may still come
Expects deal to complete in first quarter of next year
TIM will make a decision on the bid by late January
The agreement will see the telcos work together to ensure connectivity is available when possible during natural disasters
But previous fiber cuts caused by vandalism also impacted network
A BT investor filing last month confirmed Bharti was poised to snap up the stake
Verizon engineers will begin demos of the solution early next year
Would become company's biggest stakeholder if a deal is agreed
Extends deadline by two more years
The constellation will rival Musk's Starlink
No date given yet, but beta set to go live early next year
The recent hack against US carriers means the government wants to go after China Telecom's remaining units in the country
This comes shortly after the telco sold its remaining stake in tower unit
More than 300 jobs could be lost
Also looks ahead to 6G
Many have had to leave the program altogether
Lawrence Guffey also takes director role
The investment will help fund Gigs' geographical expansion