TalkTalk shares up 16pc as telco considers £1.1bn takeover bid
Any takeover needs the approval of TalkTalk founder and biggest shareholder Charles Dunstone
Paul Lipscombe
October 8, 2020
Three claim the move will expand its backhaul capacity by 20 times
Three UK has chosen Colt Technology Services as its preferred backhaul fibre connectivity provider.
The move comes as part of a £2 billion investment to speed up the Three’s existing 4G and 5G networks.
Colt’s technology will allow for 20 times more backhaul capacity, as Three aims to increase its 4G speeds by up to 150 per cent.
The increased backhaul is a “vital part of delivering a great network experience” according to Three, and will support recent upgrades to over 4,000 sites with improved 4G, fully virtualised core network, 20 new data centres and 5G in over 100 locations.
Three UK chief operating officer Susan Buttsworth said: “We are investing significantly to transform our entire network experience, which will support our customers who use three times more data than the average UK consumer.
“Fibre backhaul is a vital part of a reliable network experience and our partnership with Colt will mean better connectivity for our customers across the UK.”
Colt CEO Keri Gilder added: “We believe in the transformative power of connectivity, and we know 5G is going to drive businesses and societies forward, so we are thrilled that the Colt IQ Network is going to play a critical role in the 5G evolution for the UK.”