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Kamile Bigenyte

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Another remarkable incident in the telecoms industry this week, as the US mobile colossus, Verizon, reported a significant data breach.
Telco Buzz

Verizon’s Data Breach: Balancing Employee Privacy and Security

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In a significant security incident, US telecom giant Verizon suffered a serious data breach impacting over 63,000 workers. Despite occurring last September, the leak wasn’t detected until December. Delving into the possible causes reveals potential insider wrongdoing. With the exposed data consisting of extensive personal details, Verizon claims that it hasn’t been shared externally yet. As the company probes into the breach, it offers its affected staff credit monitoring and identity theft protection for two years.

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Epsilon, a KT Corp. company and global interconnectivity provider, has appointed Damon (Young Seok) Lee as its Group Chief Executive Officer.
Market Watch

Epsilon Telecommunications Appoints Damon Lee as Group Chief Executive Officer

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Epsilon Telecommunications (Epsilon), a KT Corp. company and leading global interconnectivity provider, has appointed Damon (Young Seok) Lee as its Group Chief Executive Officer. Lee joins Epsilon with over 27 years of experience in the telecommunications and technology sectors, most recently serving as Vice President in KT’s Enterprise Business. He will lead Epsilon’s senior executive team with a focus on optimising the company’s business strategy and global growth.

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Telxius, a leading global connectivity provider, has been recognized at the 2024 Data Center Market (DCM) Awards for its Derio Data Center.
Infrastructure

Telxius’ Derio Data Center Recognized for Excellence in Global Connectivity

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Telxius, a leading global connectivity provider, has been recognized at the 2024 Data Center Market (DCM) Awards for its Derio Data Center. It has won the award for Excellence in Connectivity, providing a state-of-the-art facility near Bilbao, in northern Spain, designed to harness the potential of the subsea cables connected to it.

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Telecom Egypt and Hungary's 4iG have agreed to collaborate on constructing a pioneering subsea cable directly linking Albania and Egypt.
Infrastructure

New Subsea Cable Venture Connects Albania and Egypt

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In a significant step towards enhancing global digital infrastructure, Telecom Egypt and Hungary’s 4iG have officially agreed to collaborate on constructing a pioneering subsea cable directly linking Albania and Egypt. This groundbreaking initiative, originally outlined in a Memorandum of Understanding last October, marks the first time such a direct connection will be established between the two nations.

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Norway's leading telco group, Telenor, has revealed plans for an impairment of 8.04 billion Norwegian kroner, or $760.3 million, in Q4 2023.
Market Watch

Unraveling Telenor’s $760M Impairment amid True Corp Investment

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Telecom giant Telenor faces a considerable setback as the company braces itself for a $760.3 million blow from its investment in True Corp, spurred by a noticeable decline in share value in 2023. However, amidst this financial turbulence, Telenor maintains a positive outlook. The company affirms that this financial drawback is merely for book records and does not reflect changes in Telenor’s belief in the value of their True Corp asset.

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Digital leaders across England, Scotland, and Wales continue to prioritize broadband rollout, despite differing opinions on 5G.
Telco Buzz

Broadband Expansion Tops Local Authority Digital Agenda

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Local government digital leaders across England, Scotland, and Wales continue to prioritize gigabit broadband rollout, viewing it as essential for connectivity improvements, despite differing opinions on 5G and a lagging focus on environmental sustainability. This was highlighted in a recent survey conducted by FarrPoint, a UK-based connectivity consultancy, which released its findings from a December 2023 study involving councils from various regions.

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Zoom unveiled innovative upgrades enhancing user experience, stronger connections, increased productivity, and seamless collaboration.
AI

Zoom Elevates Virtual Collaboration with Advanced AI Features

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Zoom has unveiled a series of innovative upgrades aimed at enhancing user experience on its platform, emphasizing stronger connections, increased productivity, and seamless collaboration. The introduction of new AI Companion capabilities, alongside improvements in Zoom Team Chat, Zoom Whiteboard, and Zoom Meetings, positions Zoom as a frontrunner in leveraging artificial intelligence to facilitate workplace communication.

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In a recent analysis by ABI Research, the future looks bright for neutral host providers, with projections pointing to a revenue increase.
Market Watch

Neutral Hosts Eye $1.3 Billion Revenue by 2030

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In a recent analysis by ABI Research, the future looks bright for neutral host providers, with projections pointing to a significant revenue increase. By the year 2030, it’s estimated that neutral host connectivity will rake in revenues of around $1.3 billion. Although the current market size remains unspecified, this figure highlights the substantial growth potential for the sector.

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Telecoms giant Ericsson and learning institution, IIT Kharagpur, declared a collaboration centering around AI, Compute, and Radio research.
Telco Buzz

Ericsson and IIT Kharagpur: Unveiling the Future of 6G Telecommunication

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In an exhilarating turn of events, telecommunications titan Ericsson collaborates with the renowned Indian Institute of Technology Kharagpur for pioneering research in AI, Compute, and Radio technology, with a spotlight on 6G development. This theoretical partnership is set to stir groundbreaking headway in fundamental and applied study in the Radio realm, significantly marking India as a technological innovation hub.

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