Telefonica and Entel are poised to merge their fiber infrastructure in Peru, with KKR being the expected majority stakeholder, following Telefonica’s previous success in other Latin American markets. This move anticipates significant expansion of Peru’s high-speed connectivity by leveraging KKR’s successful fiber ventures in Chile and Colombia, amidst the industry’s race to a digitally-empowered future. Details of the deal remain discreet as it awaits regulatory approval.
Ningbo, a vibrant economic hub in China, is transforming into a smart manufacturing center, committing itself to superior digital infrastructure. The heart of this strategy encompasses a six-layered approach focused on efficient information transmission that fosters industry digitization. With established leadership in 5G industrial internet, and over 600 private networks already deployed, the city provides a gateway to the digital future. Innovation extends beyond large corporations, with solutions ranging from on-premise to lightweight 5G private networks, thus catering to businesses of all sizes. The impact is far-reaching and the future, promising, as China Mobile Ningbo aims to address industry-specific challenges with targeted 5G solutions.
Instagram’s new Threads app has garnered over 30 million sign-ups within 24 hours of its launch, along with a staggering 95 million posts and 190 million likes. While some features are missing, such as DMs and integration with ActivityPub, the impressive numbers indicate a promising start for Meta’s Twitter competitor.
Italy’s telecommunications tycoon, Retelit, ushers in a new era of growth under the leadership of newcomer CEO, Jorge Álvarez. With the recent Retelit-Irideos merger, Álvarez is set to navigate the future of this B2B market leader, backed by a solid 20-year career in the global telecom industry.
Samsung, the South Korean tech giant, has reported its lowest operating profit in 14 years for the April to June quarter. The decline is attributed to the ongoing downturn in the memory chip market. While the precise details are yet to be disclosed, analysts expect the chip division’s poor performance to be the primary cause.
Ericsson plans a €155 million investment for a smart manufacturing hub in Tallinn, Estonia. BT will reduce its workforce by 1,100 at Adastral Park while investing in modernization. Cellnex acquires full control of OnTower Poland, expanding its tower portfolio. Unicon launches an enhanced partner program for resellers in end-user computing. NEC introduces a generative AI service to drive business transformation.
A recent survey unveils how, despite potential risks, most industries, particularly telecommunication firms are embracing generative AI’s benefits. Interestingly, even traditionally cautious sectors, like aerospace and defence show a strong inclination towards AI’s adoption. Yet, as AI integration requires extensive investment in staff skill development, emerging corporate roles like AI auditors or ethicists are anticipated.
Despite the complexities, the Telecoms.com survey reveals an exciting consensus: The enterprise private networks may become a 5G goldmine in the next few years. Interestingly, the mobile edge’s role shows signs of decrease. But what about Multi-Access Edge Computing and the high cost of managing mixed networks? And how can vendor selection help overcome security concerns? With both telecoms and customers keen on leveraging 5G’s potential, it’s a thrilling tale of advancement and challenges.
Four prominent Swedish companies are under the scanner for illicit data transfer to the U.S., marking a stark violation of EU’s GDPR rulings. The heart of this issue lies in their use of Google Analytics, leading to these privacy breaches. Interestingly, not all implicated parties bore the same guilt, showing varying levels of data safety vigilance. More caution and respect for GPDR’s regulations is thus urged from all companies dealing with data transfers. Undeniably, an increasing global scrutiny on data protection laws, demands such vigilance.
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