News Roundup

A quick roundup of the news in Telecoms | Week #36

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T-Mobile sells its wireline business for $1

On Wednesday, T-Mobile US reached an agreement to sell Cogent Communications Holdings, its wireline operations, for $1, taking a $1 billion write-down charge in the process. The wireline industry, which generated $739 million in revenue last year, houses communications systems, data processing machinery and fiber optic cable. In accordance with the deal, Cogent will also acquire some business-related liabilities in addition to the fiber network, related assets and customers.

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SES and LiveU launch an integrated video solution

In order to provide a complete solution for live video contribution and distribution along with premium content aggregation, SES has partnered with LiveU. Customers will now have access to the most reliable and affordable live video creation and distribution systems for broadcasting live sports, news and other events from stadiums, sporting venues and distant locations. SES broadcasts more than 700 hours of exclusive sports and live events every day, reaching more than 366 million homes and one billion people globally.

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Magna5 acquires Interphase Systems

Interphase Systems, a managed IT services company serving businesses in the Philadelphia metropolitan area, has been purchased by Magna5. This transaction is Magna5’s fifth managed services acquisition, and enhances the company’s standing as a dominant force in the Northeast and Mid-Atlantic areas. The firm is on track to achieve organic growth of over 20% as a result of the need for real-time cybersecurity protection, data backup/recovery, centralized network monitoring, cloud hosting, and round-the-clock help desk assistance.

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Tollring expands its collaboration with Mitel

Tollring has announced that its iCall Suite for MiVoice Business now enables Mitel partners to quickly and easily access Tollring’s robust call analytics, without having to purchase and set up additional servers or data collectors. Since 2016, Tollring has been providing iCall Suite for MiVoice Business. Partners may rapidly and without additional costs implement analytics for their clients by integrating the iCall Suite with Mitel’s core infrastructure. 

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Apple releases iPhone 14 under trying conditions

Apple unveiled new iPhone, Apple Watch and AirPods models on Wednesday, delivering its main line of new goods on time after a year of supply chain turbulence. The vast majority of Apple’s products are manufactured in China by a network of local factories, suppliers and assemblers. However, the supply chain has been thrown into disarray this year as a result of the Chinese government’s zero-COVID policy. Some observers are amazed that Apple was able to launch its new product line on schedule, despite China’s supply chain issues.

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