5 things to know for February 17: Elio Montes Chavez exits Entel, China gives spectrum licences for 5G, and DE-CIX launches PoP in NJFX

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Capacity shares 5 key stories from around the world making headlines today!

Elio Montes Chavez leaves Entel

Elio Montes Chavez has left his position as general manager of Chilean operator, Entel.

In a post on LinkedIn Chavez said: “the majority shareholder and the board of Entel S.A. decided to distance me from my role as General Manager of the company. It was an honour to have served in the Telecommunications Company of the Bolivians, it was an honour to have directed to its valuable human capital.”

Though no details of where he’s headed were shared, he did say “these lines are not a farewell, they are a until soon.”

DE-CIX launches PoP in NJFX

DE-CIX has established a new point of presence (PoP) in the NJFX CLS.

The new PoP at NJFX will provide access for customers to exchange traffic so that their data can traverse directly from the US East Coast to Europe and beyond, as well as up and down the East Coast US corridor to the New York metro area, and to Ashburn, Virginia.

“By establishing a presence at the NJFX CLS colocation campus, customers are now able to leverage direct, low latency routes to major US business hubs in New York and Ashburn that avoid legacy chokepoints,” said Ivo Ivanov, CEO of DE-CIX International. “In addition, customers can also gain access to multiple subsea cable systems for intercontinental data exchange, including critical transatlantic connectivity to Europe.” 

China awards spectrum licences for 5G indoor coverage

China has given licences to China Telecom, China Unicom and China Broadcasting Network to share spectrum for 5G indoor coverage.

According to the Ministry of Industry and Information Technology, the three companies will share spectrum in the 3,300-3,400MHz range.

The news marks the first time that China has licenced public communications frequencies to multiple firms for shared use. In doing so, the companies will save on costs and it will help boost efficiency.

FirstLight to acquire PrimeLink

FirstLight has entered into a definitive agreement to acquire PrimeLink, a voice and data service provider.

The deal is set to bolster FirstLight’s position in Upstate New York, including Plattsburgh, Glens Falls, Queensbury, Albany & Lake Champlain Corridor with additional fibre capacity into Montreal, Canada.

The acquisition will deepen our fibre footprint in the North Country and provide additional fibre capacity on a unique route from Albany, New York up into Montreal, Canada, which will help facilitate cross border communications," said Kurt Van Wagenen, President and CEO of FirstLight.

Rostelecom signs Tele2 consolidation agreement

Rostelecom has signed the agreement to consolidate 100% of Tele2 Russia.

The agreement was signed between Rostelecom and VTB Bank and a consortium of investors to finalise the process of acquiring a 55% in Tele2 Russia to increase its ownership in the company to 100% at a price of $1.7 billion in cash plus 10% of shares in Rostelecom

“We have entered the final phase of a complex deal to acquire 100% of Tele2 Russia … By combining the largest fibre backbone and subscriber base in Russia with Tele2’s track record in mobile business we have formed an unrivalled integrated platform for rendering telecom, IT and other world-class digital solutions …” said Mikhail Oseevskiy, president of Rostelecom.