A recent study by Ericsson and Juniper Research reveals significant growth prospects for the mobile financial services (MFS) sector, forecasting a surge in user engagement and transaction values by 2028. The analysis suggests a shift towards a more diverse offering in mobile money services, predicting that 40% of mobile subscribers will utilize these services by 2028, a notable increase from the current 29%.
In a significant stride towards eradicating mobile signal blackspots, rural Wales welcomed the activation of the first among 86 planned 4G mast upgrades. This development is part of the ambitious Shared Rural Network initiative, aimed at bolstering mobile coverage in the UK’s rural and remote locales.
SmartCIC, a global managed service provider has appointed Johnatan Santana as its Head of Carrier Wholesale and Reina Borjas as Senior Sales Manager. SmartCIC is making strategic investments in talent by building out its international wholesale connectivity team to support growing demand for end-to-end ‘through the line’ solutions and its approach to connectivity.
In a groundbreaking move, Türk Telekom in collaboration with ZTE, has successfully completed a 50G PON trial in Turkey, marking a significant stride in the evolution of networking technology. This trial not only showcased the ability to achieve downstream speeds surpassing 50 Gbps over a single fiber but also demonstrated compatibility with existing PON generations within Türk Telekom’s infrastructure, setting a precedent in Europe.
LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, expands its presence in India with a dedicated 24/7 support center for eligible customers and launch of its leading cloud-native security information and event management (SIEM) platform, LogRhythm Axon. The strategic expansion enables Indian organizations across industry verticals to enhance their cybersecurity maturity as global cyberthreats become more sophisticated and diverse.
In a significant move aimed at reducing its hefty debt, Altice has decided to offload its French media operations to the maritime giant CMA CGM for €1.55 billion. The deal, structured as a cash transaction, sees CMA CGM acquiring an 80% share, while the remaining 20% goes to Merit France, a holding company related to the shipping group. This strategic sale encompasses Altice Media, the parent company of the well-regarded news channel BFM and RMC, a radio broadcaster.
In a recent unveiling, Qualcomm announced the introduction of the Snapdragon 8s Gen 3 chipset, poised to revolutionize a range of smartphones from brands such as Honor, iQOO, realme, Redmi, and Xiaomi in the upcoming months. This cutting-edge chip is designed to democratize premium features for a broader audience, previously exclusive to high-end models, by incorporating select advanced capabilities directly from its flagship Snapdragon 8 Gen 3 series.
Nvidia is setting its sights on a more significant role within the mobile networking sphere, particularly in the emerging field of 6G technology. At its annual GTC AI event, the company unveiled its ambitious 6G Research Cloud Platform, positioning itself as a key player in the next evolution of mobile technology. This initiative is designed to leverage Nvidia’s expertise in chips and AI, demonstrating its capabilities beyond the realm of 5G.
Virgin Media O2, a leading British broadband and mobile operator, in collaboration with its shareholder Liberty Global, has embarked on a pioneering venture with the introduction of its Smart Pole Trial. This innovative project sees the deployment of 4G and 5G-capable smart poles across the UK, aimed at enhancing mobile network coverage and capacity significantly.
Avaya, a global leader in customer experience solutions, today launched its inaugural edition of the CX Force 2024 awards, designed to spotlight and celebrate the innovators, strategists, and pioneers dedicated to reshaping the world of customer experience recognising the individuals who create meaningful change and set the benchmark for exceptional experiences. The inaugural edition of Avaya’s CX Force awards are founded in partnership with the International Avaya User Group (IAUG), a community that allows Avaya users to connect and share ideas that are transforming the industry and are co-sponsored by Constellation Research, the Silicon Valley-based technology research and advisory firm.
