DEUTSCHE TELEKOM AG

DTE
Real-time Estimate Tradegate - 08:03 2022-12-08 am EST
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Energy Crisis Forces European Telcos to Prepare for Possible Network Blackouts

09/29/2022 | 03:39am
(MT Newswires) -- Europe is preparing for a possible network blackout in the coming winter amid fears that operations at mobile networks will be affected by power cuts and energy rationing across the region, Reuters reported Thursday, citing multiple sources.

European Union countries including France, Sweden and Germany have already installed backup batteries on thousands of cellular antennas. However, many countries in the region do not have sufficient backup systems to prevent the outages from happening, according to executives from four telecommunication companies.

Deutsche Telekom (DTE.F) is planning to utilize mobile emergency power systems that run mainly on diesel in case of prolonged power failures in Germany. Telecom gear manufacturers Nokia (NOKIA.HE) and Ericsson (ERIC-B.ST) are working with mobile operators to limit the effects of a power shortage, according to three sources familiar with the matter.

In France, a lobby group representing companies including Orange (ORAN.PA) and Bouygues (EN.PA) is calling out electricity distributor Enedis, a subsidiary of state-controlled utility EDF (EDF.PA), for being unable to exclude antennas from the cuts.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

MT Newswires 2022
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