Telecom Italia (TIM) celebrates the successful sale of its fixed-line grid to the Optics BidCo consortium, led by investment firm KKR. This strategic move aims to reduce TIM’s significant net financial debt and marks a first in major European telecom history.
Proximus, a leading Belgian telecommunications operator, has announced a five-year partnership with tech giant Microsoft. This collaboration aims to migrate Proximus’ key platforms to Microsoft’s Azure cloud, significantly enhancing their AI capabilities.
Airties, a global leader of managed Wi-Fi solutions for broadband service providers, today announced it has opened its first office in India – a new R&D center based in Bangalore, focused on enhancing the AI, cloud, and DevOps capabilities of Airties for use in Smart Wi-Fi deployments. The new center in India aims to employ around 100 specialized software engineers focused on further extending the capabilities of Airties Cloud management platform.
PCCW has finalized an agreement to sell a 40% stake in its fibre business to China Merchants Group, a state-owned investor, for $870 million. The Hong Kong telecommunications company had been in talks with various potential buyers for months, but officially signed with the Chinese firm.
Mitel, a global leader in business communications, has announced the launch of its Virtual Care and Collaboration Service (VCCS) in seven European countries: the UK, Belgium, France, Italy, Spain, the Netherlands, and Switzerland. The company plans to expand this service globally by the third quarter of the year.
A recent report commissioned by EE suggests that 4G mobile connectivity can generate significant economic benefits for rural communities, with potential earnings exceeding £6 million. However, in half of the analyzed locations, the cost of upgrading outweighed the financial advantages.
Verizon has introduced a new prototype, the “network in a box” (NIB), aiming to bridge the gap between public and private network deployments. This innovative solution targets customers who desire the advantages of a private mobile network—such as enhanced performance, reliability, privacy, and security—without the need for a permanent setup due to financial or practical constraints.
TIM, Italy’s primary telecommunications provider, has confirmed the completion date for the sale of its networks business. In a recent stock market filing, TIM announced that the deal with private equity firm KKR will close on July 1, as planned.
The European Commission has announced that Apple’s App Store policies may violate the Digital Markets Act (DMA), launching a new investigation into the tech giant’s compliance. According to the Commission, Apple’s rules restrict app developers from directing consumers to alternative purchasing options.
Zoom has unveiled Workvivo by Zoom for its reseller partners, expanding access to the employee experience platform designed to streamline communication and boost engagement. This move follows Zoom’s acquisition of Workvivo in April 2023, aimed at enhancing its collaboration tools and providing innovative ways for businesses to keep employees informed and connected.
