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…
Swisscom’s acquisition of Vodafone Italia marks a pivotal shift in the telecom landscape, with the deal set to make it Italy’s second-largest fixed-line broadband provider. This €8 billion agreement promises operational efficiencies, substantial savings, and heightened competition, significantly impacting the VoIP landscape and telecom sector dynamics in Italy.
Nokia’s acquisition of Rapid’s assets marks a strategic enhancement of its network API portfolio, crucial for advancing Nokia’s position in the 5G landscape. This move accelerates software development and boosts interoperability, enabling telecom companies to maximize returns.
NVIDIA and SoftBank are joining forces to develop Japan’s premier AI supercomputer, leveraging NVIDIA’s Blackwell platform. This strategic partnership aims to advance AI technology and position Japan as a leader in global tech innovation.
The escalating energy consumption by data centers poses critical challenges, with cooling systems driving immense power usage. As data centers expand, particularly to support emerging technologies like generative AI, power demands are mushrooming.
Celebrating 20 years of innovation, Softsource vBridge marks its expansion into Nelson, elevating its IT solutions. This strategic move allows the New Zealand-owned ICT leader to offer localized support, reflecting on adaptability to market changes.
IBM’s integration of Apptio software on Microsoft Azure Marketplace expands solutions for enterprises. With enterprise agile planning, IT financial management, and cloud financial operations tools, this integration streamlines budget management and enhances VoIP services.