MADRID/LONDON (Reuters) -British telecom investment company Zegona said on Friday it was in talks with Vodafone about a potential acquisition of the British telecom giant's Spanish business, confirming a media report. Spanish newspaper Expansion, citing sources close to the matter, had reported that Zegona was seeking financing for a bid for all or 50% of Vodafone Spain. It noted that it would be easier for Zegona to obtain financing for the latter.
Telecommunications firm AST SpaceMobile has achieved a significant milestone by successfully establishing the first-ever 5G connection for voice and data between a conventional smartphone and a satellite in space. The connection was made using a Samsung (KS:005930) Galaxy S22 smartphone and AT&T (NYSE:T) spectrum, in conjunction with AST SpaceMobile's BlueWalker 3 (BW3) test satellite.
LONDON (Reuters) -German mobile and broadband provider 1&1 said it had agreed a deal for Vodafone to provide 5G coverage to its customers, ousting current network partner Telefonica Deutschland by October 2024 at the latest. 1&1, which is majority owned by United Internet AG, said Vodafone would provide mobile coverage in areas not covered by its new 1&1 network, including 5G, 2G and 4G, under a deal that would be concluded as soon as possible.