President Yoon Suk Yeol recently detailed South Korea’s aggressive moves to establish its supremacy in the global semiconductor sector, including a staggering $6.94 billion commitment to AI by 2027. Amid fierce competition, South Korea’s largest telecom firm, SK Telecom, is paralleling governmental efforts with its own investment in AI firms.
Vodafone Germany is set to reduce its workforce by 2,000 in the next two years as part of a cunning organizational restructuring strategy. These significant shifts aim to transform the telecom titan into a “simpler, faster, leaner, and more powerful” operation.
Anticipate a sweeping change in home entertainment in South West England with broadband provider Truespeed’s partnership with Sky. Delivering ultra-fast broadband enriched with Sky TV and Netflix programming, this new package aims at offering premium digital connectivity alongside quality entertainment. An intriguing insight to the world of Sky Entertainment and Netflix is bundled with the high-speed internet from Truespeed for a rewarding viewing experience.
Ofcom’s recent quarterly report reveals a surge in customer complaints against Virgin Media, prompting scrutiny into its cancellation policy. Despite contention from VMO2, the report paints a stark contrast between Virgin Media’s dissatisfaction rates and Sky’s remarkable customer approval.
Chinese tech juggernaut, Huawei aims to bolster its global partnerships, despite facing recent US sanctions. Pivoting to the automotive sector, Huawei’s Intelligent Automotive Solution (IAS) is poised to become a driving force in smart electric vehicles software and parts. Interestingly, while Mercedes Benz declined an investment offer to retain its software independence, a collaborative opportunity with Audi for autonomous drive technology is reportedly in play.
Navigating uncharted territory in the telecommunications ecosystem, Stratospheric Platforms Limited (SPL) alongside other UK giants, aims to forge advanced airborne 5G connectivity. With an ambitious endeavor backed by Britten-Norman and Marshall Futureworx, the collaborative effort seeks to birth a High-Altitude Platform with an airborne antenna – a revolution steering us to high-performing 5G from the stratosphere itself. Imagine an unmanned aircraft, fuelled by liquid hydrogen, its vast wingspan of 56 meters and lightweight structure promising flight endurance of over a week.
After the whopping $6.2 billion acquisition by Inmarsat, Viasat is readying for a major reorganization, with a planned 10% workforce reduction. The move, affecting approximately 800 roles, aims for a substantial year-on-year cost-saving starting from 2025. Despite the promising financial outlook, the firm accepts the substantial costs linked with these transitions, yet considers them a vital investment for the future.
AT&T’s vast addition to their fiber net base underlines an impressive income growth. This growth is visible in their third-quarter report, boasting revenues over $30 billion. The influential role of AT&T’s fiber subscriptions reveals a customer base exceeding 8 million aided significantly by a striking 26.9 percent growth in AT&T Fiber revenues. Notably, the company’s recent launch, AT&T Internet Air, foresees further enhancement to their service offerings.
The recent signal disruptions experienced by Sky Mobile users in the UK have been linked to the government-mandated removal of Huawei equipment from the network, fuelling concerns over national security. Network operators have voiced scepticism, predicting significant disruption, increased expenses, and potential delay in the rollout of 5G infrastructure. Sky Mobile, however, assures compliance with the directive and minimal impact on their customers.
Zayo Group Holdings, Inc., a prominent global player in communication infrastructure, has unveiled its annual Distributed Denial of Service (DDoS) Insights Report, shedding light on the alarming rise of DDoS attacks and their profound impact across various sectors during the first half of 2023.
