News Roundup

A quick roundup of the news in Telecoms | Week #47

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Verizon gets approval for TracFone purchase

Verizon stated in September 2020 that it will attempt to acquire TracFone Wireless, a pre-paid mobile phone operator, for $6.25 billion. The FCC approved the transaction last week, attaching restrictions that would safeguard TracFone customers in a variety of ways, including ensuring inexpensive 5G handsets and avoiding price rises, all of which will be evaluated on a regular basis by an independent agency. Verizon is also required to participate in the Lifeline program, which provides subsidies to low-income subscribers. TracFone is now one of the major carriers supporting  the Lifeline program, with 1.7 million low-income subscribers participating across the country.

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Tata Communications launches GlobalRapide

Tata Communications, a worldwide digital ecosystem facilitator, has announced Tata Communications GlobalRapide, an end-to-end managed UCaaS that enables organizations to provide workers with technologically enhanced, sophisticated and intelligent collaboration experiences. With this new solution, Tata Communications has become a worldwide, one-stop shop for an enterprise’s  digital-first, cloud-first unified communications needs. Tata Communications GlobalRapide assists companies in finding the correct collaboration platforms, facilitating migration, providing comprehensive enterprise-grade communications management, and enabling end-to-end visibility, monitoring and reporting on collaboration solutions.

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RingByName to connect Legacy Avaya PBXs to the cloud

The new RingByName Bridge™ product is a solution for organizations who want to keep their on-premise Avaya phone system, but need to expand their users beyond their present capacity without having to invest in costly hardware upgrades or additional licenses. The RingByName Bridge™ technology connects any Avaya phone system with SIP capability to the RingByName cloud PBX. It incorporates functions such as extension-to-extension dialing, intersystem transfers, reporting and analytics, thereby enhancing the user experience and saving on costs.

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Inmarsat – poor connections impedes IoT rollouts

According to Inmarsat research, despite the rising rate of Internet of Things (IoT) adoption, poor or unpredictable connectivity remains a major impediment to usability and adoption. Inmarsat discovered that 75% of 450 worldwide firms in agricultural, electrical utilities, mining, oil and gas, transportation and logistics had connection issues when testing IoT projects. 78% of those questioned believe that public terrestrial networks are insufficient for their IoT needs due to unsatisfactory internet stability, availability and responsiveness. Because the Internet of Things is a network of networks, dependable connectivity is vital for allowing mission-critical IoT projects, particularly in some of the world’s most remote regions where terrestrial-based connectivity, such as cellular or fiber, is either minimal or non-existent.

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Samsung plans to build new chip plant in the US

Samsung announced a $17 billion investment in a new semiconductor manufacturing plant in the United States to develop sophisticated logic chips. The new Taylor, Texas, factory will produce chips based on advanced process technologies for mobile, 5G, AI and high-performance computing applications. The construction of the new facility, which will span more than 5 million square meters, will begin in the first half of 2022, with Samsung hoping to begin operations in the second half of 2024. As part of the investment, a skills center will be created in Taylor to help students improve skills and provide recruiting opportunities.

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