In a stark warning delivered at a regional investment banking conference in Tallinn, Estonia, Ericsson CEO Börje Ekholm highlighted Europe’s precarious position in the global telecom arena. Emphasizing the urgent need for regulatory reform and innovation prioritization, Ekholm cautioned that Europe’s telecom industry is trailing far behind its counterparts in the US, China, and India.
Amid the AI giants like Google and Microsoft, stands Amazon with its prolific investment of $2.75 billion in San Francisco’s AI startup, Anthropic. This strategic venture is Amazon’s biggest external contribution since its establishment. In return, Anthropic pledges to use Amazon Web Services as its chief cloud solution, employing AWS’s state-of-art infrastructure for their AI models. With $7.3 billion funding recently, Anthropic is galvanizing investors globally.
In an unexpected evolution, Spirent Communications, a UK-based telecom testing group, put the brakes on their £1 billion merger agreement with Viavi Solutions, after a victorious proposition swooped in from Keysight. Celebrating the unexpected alliance, Spirent cited the extensive resources and product range Keysight offers, promising to bring considerable advancements to the tech industry.
In a bold move reminiscent of early 2000s communication technology, T-Mobile US has unveiled a groundbreaking push-to-talk service tailored for emergency services, in partnership with Motorola Solutions. However, this isn’t a mere throwback; it’s a sophisticated, 5G-enabled system designed to meet the demands of modern-day first responders.
Orange and MásMóvil have officially sealed their merger deal, marking a significant development in Spain’s telecom sector. The joint venture, which holds equal shares from both companies, is poised to become a dominant force in the market. Despite the completion of the merger, the new entity is still without a definitive name, leaving industry observers speculating on its future identity.
In a strategic move aimed at bolstering its foothold in the competitive telecommunications arena, US telecom giant AT&T has unveiled its Internet Air service for business customers, marking a significant shift in its approach to 5G fixed-wireless access (FWA).
Zoom and Avaya announced a strategic partnership designed to deliver enhanced collaboration experiences to global enterprises. As part of the partnership, Avaya selected Zoom Workplace – Zoom’s AI-powered collaboration platform that will include meetings, team chat, scheduler, whiteboard, spaces, and more – to integrate with Avaya’s Communication & Collaboration Suite, providing customers with a new, streamlined way to manage their communications environments and workflows.
In an unexpected strategy shift, VEON is offloading its stake in Beeline Kyrgyzstan to CG Corp Global’s associate. The monumental telecom deal, setting the business’s value over three times its forecasted EBITDA for 2023, awaits regulatory approval. Amidst this change, Beeline Kyrgyzstan forges ahead in growth, promising patrons sustained exceptional digital solutions.
BT and Global have entered a 10-year collaboration to modernize UK’s traditional payphones and expand digital hubs in local communities, fostering enhanced connectivity and local advertising opportunities. A major highlight includes the transformation of BT’s iconic payphones, expected to develop into a progressive stride towards telecommunications future.
Sinch, which powers meaningful conversations between businesses and their customers through its Customer Communications Cloud, today announced it has been recognized as 2024 Adobe Digital Experience ISV Resell Partner of the Year. Adobe’s Digital Experience partner awards honor companies that have made leading contributions to Adobe’s business and have had a significant impact on customer success.
