Category: Vodafone

Wales’ tech cities: Swansea and Cardiff lead chorus for tech jobs boom 0

Wales’ tech cities: Swansea and Cardiff lead chorus for tech jobs boom

Never mind Brexit, the two Welsh cities of Swansea and Cardiff are putting their tech credentials on the table. Our Celtic cousins in Wales are experiencing something of a tech jobs boom, with 103 new digital start-ups adding to the 117,470 tech workers in Swansea and Cardiff in the past year. Recent arrivals include AI start-up Amplyfi, which received a £400,000 unsecured loan from the Welsh government. ‘Last year, £4.6bn (68pc) of the UK’s tech investment was spent in regions outside the capital’ – RUTH JACOBS The traditional coal and steel industries of Wales were once the bedrock of the Welsh economy.

But now, according to Ruth Jacobs, managing director of Randstad business solutions, Cardiff and Swansea are two of the UK’s fastest-growing tech cities, due to investment in both graduate opportunities and the digital transformation of the country as a whole. Digital investment in the UK’s tech industry was estimated at £6.8bn in 2016. Putting the valleys in Silicon Valley In a recent review of Swansea and Cardiff by Randstad 1 , it was noted that the investment in the region has a symbiotic relationship with the education sector, with input from four major universities: Cardiff University, the University of South Wales, Cardiff Metropolitan University and Swansea University.

Jacobs said the universities provide a steady flow of IT-literate graduates to support the growing industry requirements. Swansea University was ranked 16th in the UK for graduate employment in the recent Times Higher Education World University Rankings. The digital staff requirements 2 in the tech sector are growing overall across the UK, adding to the existing 1.64m tech jobs.

Swansea and Cardiff are on track to becoming the leading tech employees, rivalling nearby Bristol. “Last year, £4.6bn (68pc) of the UK’s tech investment was spent in regions outside the capital,” Jacobs said. “Cardiff and Swansea have 17,470 tech jobs, and last year recorded 103 new tech and digital start-ups, such as Amplyfi, using artificial intelligence for data mining.” In terms of infrastructure, broadband connectivity across Wales is being bolstered as part of a Welsh government scheme to ensure ‘super-fast’ broadband, which will support investments not only in the cities but also across the south-east region. Development Bank of Wales is planning to support Welsh businesses with £1bn funding and unique investment projects such as the Compound Semiconductor Applications Catapult 3  in Cardiff, launched in 2016. This investment aims to fund innovative regional projects.

On the strength of the Swansea University IT programme, Swansea Bay City Region has secured a £500m deal to turn the area into a digital super-hub. In terms of start-ups, TechHub Swansea 4  provides office space for tech entrepreneurs with networking and lunch-and-learn events as part of the working landscape. Cardiff has similar innovation support, with  Tramshed Tech  5 supporting its co-working community.

Additionally, the ease of booking desk space at the Indycube 6  tech hub, available across Wales, nurtures the community. The Alacrity Foundation 7 ,  Cardiff Start 8 and the launch of  Innovation Point 9 ’s Welsh technology accelerator programme – named ‘Digital Dozen’ – are three programmes all aimed at supporting tech growth. “Swansea and Cardiff have great road and rail links to both London and Bristol,” Jacobs said. “Swansea is three hours by train from London, and Cardiff just over two hours. As a lifestyle choice, both cities are a 30-minute drive from areas of outstanding national beauty like the Gower Peninsula and the Brecon Beacons. “The house prices are also under the UK average, at £185,639,” she added.

References ^ Randstad (www.randstad.co.uk) ^ digital staff requirements (www.randstad.co.uk) ^ Compound Semiconductor Applications Catapult (csa.catapult.org.uk) ^ TechHub Swansea (swansea.techhub.com) ^ Tramshed Tech  (tramshedtech.net) ^ Indycube (indycube.cymru) ^ The Alacrity Foundation (www.alacrityfoundation.co.uk) ^ Cardiff Start (cardiffstart.com) ^ Innovation Point (www.innovationpoint.uk)

Bharti Airtel Q1 revenue up 10%, profit down 12% 0

Bharti Airtel Q1 revenue up 10%, profit down 12%

Tower provider Bharti Infratel reported a 10% growth in its revenue and profit for the first quarter. The Consolidated revenues for the quarter, at Rs.

3,524 Crore, was up by 10% over the corresponding period last year. Consolidated profit from operations improved to Rs 1,575 Crore, up 12% compared to last year.

Operating margin was 44.7%. Consolidated profit before tax at Rs.

1,095 Crore up 10% Y-o-Y, but net profit was down 12%. The Operating Free Cash Flow grew by 4% Y-o-Y to Rs.

992 Crore for the quarter. The final dividend of Rs 4 per equity share for the year ended March 2017 has been approved by the shareholders in the annual general meeting dated July 22,2017, the company said. “Indian telecom is moving towards a data centric business model as the demand for data is growing exponentially with the nation decisively embracing the digital world,” said Akhil Gupta, Chairman, Bharti Infratel Limited. “We continue to observe significant network rollouts for data coverage and we believe all operators will further accelerate their data network rollout plans to grab a share in the growing data market. “The Government of India’s Digital India program and Smart City project pose additional opportunity to create infrastructure for sharing on a non-discriminatory basis. As Bharti Infratel and Indus Towers, we are well positioned to grab our fair share of the emerging data led growth market and build vital infrastructure for Smart Cities for sharing on non-discriminatory basis.” Bharti Infratel is promoted by Bharti Airtel, India’s largest telecom provider by reveneu.

Facebook Twitter Google + Linkedin BHARTI AIRTEL BHARTI INFRATEL QUARTERLY RESULTS 1 2 3 References ^ BHARTI AIRTEL (ultra.news) ^ BHARTI INFRATEL (ultra.news) ^ QUARTERLY RESULTS (ultra.news)

ACCC to crack down on misleading broadband speed claims 0

ACCC to crack down on misleading broadband speed claims

A lack of clear and accurate information about typical broadband speeds being supplied by providers to consumers is to be punished by the Australian Competition and Consumer Commission (ACCC). The worst offenders could face prosecution for failing to provide information that would allow potential customers to make informed decisions about which provider to purchase a service with. Government-owned NBN and telcos are at loggerheads over the issue, with NBN knowing exactly how much capacity each telco is purchasing and whether it is enough to ease congestion.

Many customers are now going directly to the government-owned organisation. RELATED STORIES: ACCC Chairman Rod Sims said: “The move to the NBN and the way in which NBN technologies work mean retailers need to dramatically re-think the way they talk about typical speeds and ensure consumers are presented with the information they need,” Mr Sims said. The ACCC is undertaking a broadband speeds monitoring program, which will serve the dual purpose of providing consumers with more information about services in their areas, and will also draw out whether issues relating to speed are being caused by the performance of the NBN, or by retail service providers (RSPs) not buying sufficient capacity. “We want to see consumers presented with information based on the realistic speeds they can expect to experience, particularly during busy periods, not best-case scenarios.” However, Sims welcomed the arrival of new competition in the market.

He added: “The introduction of a fourth mobile participant, TPG, and a fifth fixed broadband competitor, Vodafone, is to be welcomed, encouraged, and, as much as possible, retained over the longer term.

Indeed, I am of the view that there is increasing room for a fourth player in the mobile network market,” Mr Sims said. “Having competing mobile networks that differ from each other in terms of price, coverage, technology, and quality can only be a good thing for consumers.”