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    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

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    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

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    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

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    Digital voice-based banking to become the new reality in 2022?

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    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

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    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

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    An Ode to the 5 Arab Women Reigning the Business World

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    Abu Dhabi-based Borouge sets offer price for IPO at USD0.66 per share at a valuation of USD20 billion

    Abu Dhabi-based Borouge sets offer price for IPO at USD0.66 per share at a valuation of USD20 billion

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    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

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    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

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    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

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    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

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    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

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    Deutsche Hospitality unveils big Middle East expansion plans for 2022

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    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    OPay obtains approval of Egypt's CBE to issue prepaid cards

    OPay obtains approval of Egypt’s CBE to issue prepaid cards

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Digital voice-based banking to become the new reality in 2022?

    Digital voice-based banking to become the new reality in 2022?

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

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    An Ode to the 5 Arab Women Reigning the Business World

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    Abu Dhabi-based Borouge sets offer price for IPO at USD0.66 per share at a valuation of USD20 billion

    Abu Dhabi-based Borouge sets offer price for IPO at USD0.66 per share at a valuation of USD20 billion

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Ather Energy raises USD128 million in series-E funding

    Ather Energy raises USD128 million in series-E funding

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    UK’s Morrisons to buy McColl’s ahead of Asda owners

    UK’s Morrisons wins race to buy McColl’s ahead of Asda owners

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

  • Markets
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    • Brokerage
    • Energy
    • Forex
    • Ultility
    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

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    Germany changes stance: Could back new and immediate EU ban on Russian oil

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    Crisis talks in EU after Russia cuts gas to 2 member countries

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    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

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    In 2022, Abu Dhabi real estate records a new boom with an influx of international investors

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    Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

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    New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

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    For 2022, BT and Warner Bros Discovery jointly create new pay-TV sport business

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    • All
    • Fashion
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    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

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    Greek Tourism in new partnership with Qatar Airways, Wego for tourism in 2022

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    Deutsche Hospitality unveils big Middle East expansion plans for 2022

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    Meta for MENA; SMEs receive boost in 2022

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Telefónica supersedes old technology with recycled optic fiber cables, rises with an eco-friendly consciousness

The Spanish MNC witnessed a breakthrough of 1,000 padlocked copper plants in the first half of 2021

Sakshi K S by Sakshi K S
August 20, 2021
in Telecom, Technology, Top Stories
Reading Time: 2 mins read
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Telefónica supersedes old technology with recycled optic fiber cables, rises with an eco-friendly consciousness

Telefónica supersedes old technology with recycled optic fiber cables, rises with an eco-friendly consciousness

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Telefónica is gaining ground in its preparation to supersede old technology, that gave telephone utility through a copper cable network, with the most contemporary fiber-optic network. The replacement not only has technological and environmental advantages (fiber is considerably more competent and utilizes less energy) but also has chrematistic effects. It has gotten the administrator an additional revenue of 131 million in 2020. The organization procured copper and different materials from the old workplaces and utilized them for fixed communication and internet connectivity by an Asymmetric Digital Subscriber Line (ADSL).

The Spanish MNC witnessed a breakthrough of 1,000 padlocked copper plants in the first half of 2021, which implies the advent of progress in its digitalization and transformation plan to offer the best and most eco-friendly network. The company intends to offer fiber optics to the entire Spanish region in 2025.

This pledge is a part of the Digital Pact announced in 2020, by the president of Telefónica – José María Álvarez-Pallete, in light of the modernization and digitization of SMEs, the self-employed, public administrations, and companies. This pact is also inclusive of a new network with 5G connectivity.

Telefónica hurled an arrangement in 2016 for the conclusion of copper plants and the growth of fiber optics. Since then, it has reprocessed 7,140 tons of waste electrical and electronic hardware (dubbed RAEEs), dismantled 65,000 tons of cables, and recycled an excess of 128,000 cards in its organization.

Copper has lately become a profoundly prioritized material in the trade. Its cost has additionally soared after the pandemic owing to a developing interest from China and the lack of production in Chile, whose principal mines have been in strikes, as of late, for better wages.

Telefónica‘s reduce reuse and recycle strategy

Since its commencement, the redesign has saved 1,000 gigawatt-hours (GWh) and has abstained from producing an output of 355,000 tons of CO₂ into the environment (identical to the carbon consumed by 6,000,000 trees).

Likewise, the new optical fiber takes significantly less fiber when compared to the older network. It also facilitates an expansion of clientele. A 2,400-pair copper connection can serve 2,400 clients, while a 256-pair link serves a totality of 16,384 clients. Additionally, one fiber access novelty involves just 15% of the space of copper access.

The procedure for closing the copper plants has facilitated a wholesome benefit for the economy owing to Telefónica’s reduce, reuse, and recycle conscience. The energy and space investment funds, the reusing of parts, and the upliftment of environmental responsibility (which involves demolishing all old technology) creates an advancement of the company’s ecological commitment to the goal of producing net-zero emissions by 2025.

Via: Short URL
Tags: energy savingoptic fibertelecommunicationTelefónica
Sakshi K S

Sakshi K S

Sakshi is a professional content writer engaging readers with gripping business news stories.

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Abu Dhabi-based Borouge sets offer price for IPO at USD0.66 per share at a valuation of USD20 billion

Abu Dhabi-based Borouge sets offer price for IPO at USD0.66 per share at a valuation of USD20 billion

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