• What next for the now-profitable app-based Starling Bank?

    Starling Bank can set ambitious targets now its revenues exceed its operating costs, but potential acquirers should know the company’s mission is to change banking and not to sell up.

    Receiving its UK banking license in 2016, the app based challenger bank was one of the early cohort of new banks harnessing the latest technologies to take on the traditional high street giants. Last month, it reported its first profit and the first of the UK’s consumer-facing challenger bank community, a major landmark for any new bank and a launchpad for raising the bar.

    Starling’s rise is no secret. It

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  • Openreach claims UK first as it moves from copper to full-fibre in Salisbury

    In the next step in the transformation of Salisbury from cathedral city to digital powerhouse, Openreach, the UK broadband provision division of BT, has announced that customers in the Wiltshire city will no longer be able to buy a traditional copper landline or broadband product, and instead will only be able to order fibre-to-the-premises (FTTP or full-fibre) broadband technology.

    Since March 2020, more than 22,000 homes and businesses in Salisbury have been able to take advantage of Openreach’s full-fibre broadband network following a multimillion-pound investment in the city by the UK’s digital network builder. The Openreach fibre network gives users

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  • Comms giants flow to edge of Amazon to boost 5G enterprise, industrial applications

    Vodafone and Verizon have embarked on programmes to embed Amazon Web Services (AWS) Wavelength technology in rolling out distributed multi-access edge computing (MEC) on 5G networks to bring customers and key applications closer together.

    Building on a relationship first announced in 2019, AWS and Vodafone Business are working together to further accelerate 5G application development through a new incubation scheme, Vodafone Business Edge Innovation Program.

    The three-month programme is designed to gives startups, ISVs, businesses and freelance developers exclusive access to edge computing training and expert support from Vodafone and AWS to help them develop, test and deploy a

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  • Zoom revenue bonanza continues into third quarter

    Despite signs that Wall Street may not regard its current hot streak as enduring into the mid term as Covid-19 vaccines become available throughout the major economies, in the here and now, video conferencing firm Zoom is carrying on racking up the revenues as indicated by a strong third quarter.

    For the three-month period ended 31 October 2020, the breakout company of 2020 reported total revenue of $777.2m, up 367% year-over-year, while GAAP income from operations was $192.2m, compared with a GAAP loss from operations of $1.7m in the third quarter of the previous fiscal year.

    After adjusting for stock-based

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  • UK government ploughs £3m into 5G test facility

    The UK government has announced funding to back a new testing facility aimed at allowing UK businesses to tap into the potential of national 5G and satellite technology.

    The engineering hub, due for completion in 2021, will be built by IT and business consultancy CGI at the Harwell Campus in Oxfordshire and is being backed by more than £3m in government investment.

    It is intended to provide a base for UK researchers and businesses to experiment and offers a facility that can show the benefits of hybrid 5G and satellite communications networks. The hope is that once the technology is

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  • Ericsson taps into industry momentum for network orchestration and automation

    In what it describes as a “significant industry milestone”, Ericsson has revealed that it has passed the century mark for its orchestrator technology in the third quarter of 2020, securing 139 commercial orchestration deals with more than 100 global communications service providers.

    The Ericsson Orchestrator is designed to enable automation of hybrid infrastructure, including PNFs and VNFs, in a multi-supplier environment. It supports resource orchestration, VNF lifecycle management and end-to-end service orchestration for both telecom and enterprise environments.

    Ericsson said the key benefits of its orchestration offering include providing the capabilities that service providers need to operate their networks efficiently,

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