Tag Archives: fund

US proposes $1bn fund for operators to remove Huawei kit

The US is proposing legislation that would provide rural mobile operators with access to up to $1 billion in public funding to replace Chinese-made infrastructure in their networks. Chinese vendors have largely been excluded from the US market, with major carriers opting to use radio equipment from Ericsson, Nokia and …

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SoftBank reveals details of new $108bn fund

SoftBank Group has announced that it will launch its second Vision Fund with the help of Apple, Foxconn, Microsoft, other tech giants and investors. The new fund will be called the Vision Fund 2 and it will focus on technologies based on artificial intelligence (AI). According to SoftBank, the fund’s …

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BT suggests it could cut dividend to fund fibre expansion

BT has suggested it could cut the dividend handed out to shareholders in order to invest in fibre to the premise (FTTP) infrastructure. Speculation that BT is preparing to cut its dividend for the first time since 2009 has been mounting, with some expecting an announcement in the company’s most …

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BT could cut dividend to fund fibre

New BT chief executive Philip Jansen is set to present his first set of results later this week and reports over the weekend suggested he could deliver an update on the Openreach’s plans for fibre. BT-owned Openreach is embarking on a major build of fibre to the premise FTTP), with …

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Okta Ventures will fund the next generation of identity startups

At this year’s Oktane19, Okta announced the launch of its new $50m investment fund, Okta Ventures which will help solve challenges across the modern technology landscape with an emphasis on identity, security and privacy. The company’s new fund will focus on investing in businesses that are building innovative solutions using …

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