Shanghai boosts chip fund by $1bn in drive for self-sufficiency  


News 

The Chinese government continues to funnel money into its domestic chip capabilities in order to reduce reliance on US technology 

The Shanghai Semiconductor Industry Investment Fund (SSIIF), managed by the local government to support the city’s chip industry, has doubled its size to around $2 billion after a recent funding round.  

The new funds were primarily contributed to by state-backed entities based in Shanghai, in the city’s strategic push to bolster its semiconductor industry amid ongoing US sanctions targeting China’s tech sector. 

This cash increase is expected to enhance the SSIIF’s ability to finance crucial semiconductor projects aimed making China less reliant on foreign technology.  

Since its establishment in 2016, the SSIIF has been instrumental in supporting major players in the local chip industry, including Semiconductor Manufacturing International Corporation (SMIC), China’s largest chip maker. 

The latest funding boost into the SSIIF comes on the heels of Shanghai’s launch of a new $6.2 billion Integrated Circuit Industry Parent Fund in July 2024. This fund , part of the Made in China 2025 plan, aims to bring China’s semiconductor industry up to international standards by 2030.  

The move underscores China’s intention to reduce its dependence on foreign technology, particularly after the export controls imposed by Washington. The US has imposed strict sanctions on China, restricting its access to advanced semiconductor technology, including chips, equipment, and software. These measures target Chinese firms like SMIC and block them from acquiring the critical US-made tech required to produce the most advanced chips. 

While China has certainly made rapid technical progress in semiconductors in recent years, the US government remains unphased. Earlier this year, the US secretary of Commerce Gina Raimondo dismissed Huawei’s latest chip technology breakthrough powering its latest smartphone, the Mate 60 Pro, describing it as “years behind what we have in the United States”. She also confirmed that the US would not trade with China on technologies that affect national security. 

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Liquid and Globalstar partner for MEA 5G connectivity solutions

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15,000 customers now connected to LilaConnect’s lightning-fast gigabit full fibre network

Retail ISP and specialist broadband provider, LilaConnect has announced it has surpassed 15,000 connected customers.

The milestone is another step forward in its vision, and commitment, to providing UK homes and businesses with best-in-class full fibre internet connectivity. This is in line with the UK government’s target to have full-fibre technology available nationwide by 2030.

Unlike other regular broadband connections, or ADSL, that use copper wires to transmit data, all LilaConnect services offer highly competitive internet speeds thanks to the ISP’s full Fibre to the Premises (FTTP) set up. FTTP will also help future-proof homes ahead of the nationwide copper switch off.

Over the past year, the retail ISP has increased new orders by 90 per cent and witnessed a 300 per cent growth in Active Subscribers. LilaConnect prides itself on its customer service –  with a customer-focused culture based on an authentic, collaborative and friendly approach to solve customer issues.

LilaConnect will not rest on its laurels, it has a razor sharp focus on further expanding its territory, made possible by the recent merger of VX UK and the Freedom Fibre Group. It will allow the retail ISP to tap into the alternative network provider’s innovative FTTP network that uses state-of-the-art XGS-PON technology. Alongside this LilaConnect will continue to commercialise its current footprint across Stoke-on-Trent, Bristol, Colchester, Wivenhoe, Crewe, Nantwich, Leek and Uttoxeter.

Jan Lange, Managing Director at LilaConnect commented: “At LilaConnect we understand the important part we play in helping to eliminate the digital divide by ensuring everyone in the community has access to fit for purpose and future proof connectivity. We’re proud to have hit the impressive milestone of our 15,000th customer.

He added: “Our work is certainly not done – the next step is to get even more homes and businesses across the UK connected to this essential full fibre network. Added to this, faster connectivity speeds are on the horizon to align with ever-evolving technological innovation and the exponentially increasing number of connected devices.”

Residents and businesses interested in connecting to the LilaConnect full fibre network can register their interest at www.lilaconnect.co.uk.

BSNL and MTNL forgo merger, sign 10-year service agreement  


News

The agreement will see BSNL take over the management of MTNL, with the former joining the latter as a management agency

For many years now, India’s state-owned telecoms firms Mahanagar Telephone Nigam Ltd (MTNL) and Bharat Sanchar Nigam Ltd (BSNL) have been haemorrhaging subscribers, struggling to compete effectively against the country’s two largest telcos, Reliance Jio and Bharti Airtel.

In an effort to make the companies (and, therefore, the national telecoms sector itself) more competitive, the government has been considering merging the two businesses since at least 2022. This, the government suggests, would generate valuable synergies, allow for considerable operational streamlining, and make the companies more attractive targets for investment.

However, the dire financial struggles of both companies have seen merger talks irretrievably bogged down in discussions of debt and regulatory roadblocks.

Instead, in recent months the government has leaned towards handing over control of MTNL’s operation to BSNL without formally merging the businesses. This, reports suggested, would remove some of the logistical hurdles related to a merger, such a having to de-list MTNL and buy back a certain number of shares.

This week, MTNL has announced it has approved just such a move, with the new deal seeing BSNL manage the operator for the following ten years. The deal can potentially be renewed by mutual agreement by both companies and can also be annulled by either party given six months’ notice.

This solution is not without its own headaches, however. The Department of Telecommunications (DoT) is currently exploring what such an agreement will mean when it comes to tax implications, saying they will not give the greenlight until they can be sure it will not result in unforeseen tax liabilities for the government.

Keep up to date with the latest international telecoms news by subscribing to the Total Telecom daily newsletter  

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Eutelsat adds Bayobab to list of OneWeb partners 


News 

The partnership will make use of Eutelsat’s 600 Low Earth Orbit (LEO) satellite constellation 

Eutelsat and Bayobab, a subsidiary of MTN Group, have entered a multi-year agreement to improve digital connectivity across Africa. The collaboration will use Eutelsat’s OneWebLEO satellite constellation to address the continent’s connectivity needs, particularly for enterprise and cellular network backhaul in remote areas. 

Bayobab, a key player in Africa’s digital infrastructure, will use Eutelsat’s OneWeb constellation to deliver reliable fixed connectivity services. These satellite solutions are designed to improve coverage in rural regions, offering high-quality, low-latency connectivity. The full rollout is expected by the end of the year, with services already available in four unspecified African countries. 

“This collaboration brings cutting-edge digital connectivity to even the most remote corners of the continent and reaffirms our promise of ‘Connecting Africa’ – a promise rooted in partnership and driven by a vision of a digitally inclusive future,” said Bayobab CEO Frédéric Schepens. 

“We are proud to count Bayobab and the broader MTN Group amongst Africa’s early adopters of the Eutelsat/OneWeb LEO constellation,” echoed Cyril Dujardin, co-president of Eutelsat’s business unit.  

“This partnership underscores the commitment of both Eutelsat and Bayobab to drive digital inclusion, and the pertinence of innovative satellite solutions to achieve this aim, notably the unique properties of ubiquitous, low latency LEO capacity,” he continued. 

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Also in the news: 

 

T-Mobile fined $60m over data security violations 


News 

This fine is the largest ever issued by Committee on Foreign Investment, and one of only six issued in the last 18 months 

T-Mobile has been fined $60 million by the Committee on Foreign Investment in the United States (CFIUS), a regulatory committee that scrutinises foreign investment for national security risks. 

The CFIUS fined T-Mobile for failing to prevent unauthorised access to sensitive data, and not reporting the incidents prompt, which violated its nationl security agreement. 

The incidents occurred between 2020 and 2021 during T-Mobile’s integration with Sprint. Technical issues led to the mishandling of information from a small number of law enforcement information requests. 

Although the data was mistakenly sent to the wrong law enforcement agency, it remained within the law enforcement community and was quickly addressed. T-Mobile emphasised that there was no data breach or malicious activity. 

“The $60 million penalty announcement highlights the committee’s commitment to ramping up CFIUS enforcement by holding companies accountable when they fail to comply with their obligations,” said an unnamed US official speaking to the Wall Street Journal. 

The T-Mobile and Sprint merger, valued at $26 billion, was finalised in April 2020.  The merger combined the third and fourth largest US wireless carriers. Despite facing legal challenges, the merger was approved, and the Sprint brand was discontinued. 

The delay in reporting these incidents to CFIUS was a significant factor in the fine.  

T-Mobile says it has since taken steps to improve its data handling and reporting processes. 

“We reported this in a timely manner, and the issue was quickly addressed. We are glad to have reached a resolution and look forward to continuing to work cooperatively with the law enforcement community to help keep the country and our customers safe,” a spokesperson for T-Mobile said. 

Keep up to date with the latest international telecoms news by subscribing to the Total Telecom daily newsletter 

Also in the news: 

MTN, IHS bury the hatchet

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AI Offers Revenue Growth and Operational Enhancement Opportunities for the Telecom Industry

AI Offers Revenue Growth and Operational Enhancement Opportunities for the Telecom Industry

This Industry Viewpoint was authored by Faisal Ishaq, Client Partner, EPAM Systems, Inc.

Telcos face several unique challenges that can jeopardize their ability to stay competitive in today’s fierce markets. For starters, connectivity has become essential to the average person living in the developed world, and telcos must deliver seamless services and new experiences to these modern customers. … [visit site to read more]