Five things to watch February 28: iQSTEL completed itsBchain deal, Spain plans rural fibre expansion, and Eversteam to acquire Rocker Fiber
Capacity shares 5 key stories from around the world making headlines today!
iQSTEL completes acquisition of itsBchain
iQSTEL has acquired a 75% share of itsBchain, a blockchain solutions provider, enabling the development of in-house telecom blockchain solutions for the carrier, corporate and retail markets.
“itsBchain is uniquely positioned to develop telecom applications based on smart contracts and blockchain technologies,” said Leandro Iglesias, CEO of itsBchain. “Mobile number portability and carrier wholesale VoIP, SMS and Data payment solutions are just two of the projects itsBchain has under development. We believe the synergy between our subsidiaries, as well as our existing clientele, will greatly benefit from this new acquisition.”
Spain to rollout fibre to 1.5m people in rural areas
The Spanish Ministry of Economic Affairs and Digital Transformation has announced plans to expand the number of areas eligible for broadband subsides.
The plan aims to deliver fibre connectivity to an additional 1.5 million people across the country. In in a statement, the ministry confirmed that it is launching a public consultation on a proposal to include ‘grey areas’ in its PEBA-NGA programme for 2020.
Everstream to acquire Rocket Fiber
Everstream has announced that it has entered a definitive agreement to acquire Rocket Fiber, a fibre-based network service provider in Detroit.
The acquisition completes Everstream’s coverage in all major Michigan markets and gives Everstream the largest fibre footprint in greater downtown Detroit. Terms of the deal were not disclosed.
“We’ve had a longstanding relationship with Dan Gilbert and the Rock Family of Companies, including Rocket Fiber, Rock Ventures and the Cleveland Cavaliers,” said Everstream president and CEO Brett Lindsey. “This opportunity allows us to continue to provide Detroit-area businesses with the high-capacity, low-latency connectivity services they’ve come to expect from their fiber network provider and expands their direct access across Midwest through the growing Everstream network.”
Altran and 5TONIC partner on 5G mobile projects
Altran and Telefónica’s 5TONIC are collaborating on a number of 5G mobile projects in the areas of driverless cars and edge computing.
Altran’s open-source edge computing platform, Ensconce, was recently integrated with 5TONIC as part of the lab’s 5G network. The platform creates the foundation for immersive and time-sensitive applications that are emerging across industries.
“Working with members of 5TONIC and the automotive ecosystem, Altran’s research and innovation in the future of mobility aims to bring safety-critical 5G capabilities to autonomous driving,” said Walid Negm, group chief innovation officer at Altran. “Specifically, ADAS features that make today’s cars safer can achieve new levels of performance and reliability when connected to an edge computing infrastructure through high-speed data rates and ultra-reliable low latency.”
ETRI’s optical technology doubles data transfer speed
The Electronics and Telecommunications Research Institute (ETRI) in South Korea has developed a compact 200Gbps optical transceiver in the Quad Small Form-factor Pluggable Double Density (QSFP-DD) form factor.
The new technology will enable the transfer of an ultra-high definition 4K film of approximately 100Gbps in four seconds.