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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.

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…

AT&T has finalized the sale of its cybersecurity division, marking a pivotal moment in the company’s strategic realignment. The division has been transitioned into a new independent entity known as LevelBlue, backed by majority owner WillJam Ventures. This move sees LevelBlue emerge as a standalone managed cybersecurity services business with a global presence spanning 10 countries and boasting a workforce exceeding 1000 employees.

Nokia, a leading telecommunications equipment provider, has secured a significant deal with German alternative network operator Deutsche Glasfaser to enhance its fixed access and IP network services. This partnership aims to expand Deutsche Glasfaser’s existing network infrastructure to reach a target of 6 million homes, tripling its current coverage of 2 million homes across Germany.

Indonesian telecom operator Indosat Ooredoo Hutchison has unveiled impressive financial results for the first quarter of 2024, alongside highlighting strategic partnerships with global tech giants Nvidia, Cisco, and Mastercard. In Q1, Indosat recorded total revenue of $873 million, marking a robust 15.8% year-on-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) surged by 22.1%, with an EBITDA margin of 47.0%, while net profit soared by 39.4% to reach $82 million.