Development Capital has announced a €6 million investment in Internet Protocol Telecom Limited (IP Telecom), a leading Irish provider of cloud-based voice over internet protocol (VoIP) and unified communications telephony services to SME & Enterprise customers in Ireland. The minority investment will be used to accelerate the company’s organic and acquisitive expansion plans in the business telephony sector, with intention to increase annual revenues from a forecast of €6m in 2023 to €11m in FY2024. The investment in IP Telecom brings Development Capital’s total investments in Irish SME’s to €100m since 2013.
As companies globally adopt innovative strategies, leveraging considerable commercial benefits from their 5G investments is at the forefront. Pioneered by Chinese service providers, the paradigm shift towards traffic value-based operations has significantly enhanced revenue. Unique 5G experiences such as ultra-high speed and low latency have unlocked new function scenarios, exemplified by the booming live broadcast industry in China. Meanwhile, European and Middle East counterparts effectively implement rate-based charging models, showcasing the versatility of the 5G platform. This status quo suggests that as we advance, the necessity to adapt traffic value-oriented operations for effective monetization becomes paramount, opening new revenue vistas and novel business models.
Italy’s Ministry of Enterprise proposes €1.5 billion in support for the nation’s telecom sector, including tax breaks and funding for fiber upgrades, potentially revitalizing the struggling industry and fostering a competitive environment.
Two of the main key players in South African mobile operators, MTN and Vodacom, have shown interest in investing in the Ethiopian company Ethio Telecom. Both companies have invested in many countries on the continent. Ethiopia was not one of them as the government wanted to keep this sector under its control. But their policy is changing and they have decided to consider opening Ethio Telecom’s capital to investors. According to MTN, “Ethiopia presents many exciting telecommunication opportunities and we look forward to further discussions with that nation’s authorities on potential partnerships and opportunities.” and Vodacam stated that it “has said on many occasions that Ethiopia is an attractive market so it follows that there would be interest. Naturally this is dependent on what might become available and if it fits within our investment parameters.” Abiy Ahmed, Ethiopian new Prime Minister, came to power with promises of reforms. This policy…
Opensignal’s report shows T-Mobile leads in US 5G availability.
Google has reversed its decision to phase out tracking cookies. Businesses rapidly adopting generative AI face long-term infrastructure and security challenges. EdgeCore Digital Infrastructure plans to build a new data center. Nokia’s Broadband Easy Connect uses AI and cloud technology to streamline fibre connections.
This week, the UK-India Technology Security Initiative was announced, marking a pivotal moment for both nations. This collaboration aims to strengthen security in telecoms, AI, quantum computing, and biotechnology. Promising mutual growth, innovation, and job creation, this initiative underscores the evolving technological partnership.
Hrvatski Telekom is set to revolutionize Croatia’s largest shipping hub with a private slice of its public 5G network at the new Port of Rijeka. This initiative, in collaboration with APM Terminals and ENNA Group, will integrate advanced 5G technology to support remote-controlled operations, enhancing environmental responsibility and operational efficiency.
Boldyn Networks is set to unveil a pioneering 5G Innovation Lab at the Port of Blyth, thanks to a £500,000 investment from the North East Combined Authority’s 5G Innovation Acceleration program. The lab will offer businesses a secure, high-bandwidth environment to test smart manufacturing technologies, boosting the region’s tech landscape.
CommScope is strategically divesting its Distributed Antenna Systems (DAS) and Outdoor Wireless Networks (OWN) units to Amphenol for $2.1 billion, bolstering its focus on enterprise Wi-Fi and wireline telecom. This move aligns with CommScope NEXT initiative for portfolio realignment, ensuring enhanced financial stability and innovation in high-value sectors.
South Korean telecommunications leader SKT is enhancing its position in artificial intelligence with a $200 million investment in Smart Global Holdings. By acquiring a significant stake, SKT strengthens its AI infrastructure capabilities. This strategic move underscores SKT’s commitment to evolving as a global AI powerhouse, integrated with cutting-edge Nvidia GPU technology.