Spanish tower operator Cellnex is eyeing the sale of its majority stake in Swiss operations, potentially valuing up to €2 billion. This move is part of a strategic shift towards consolidating its core European markets for increased focus and efficiency.
Private equity firms KKR, Cinven, and Providence may soon exit MasOrange via an IPO, potentially by next year. The mobile giant, formed from Orange and MasMovil’s €22 billion merger, reported strong 2024 earnings. While no decision is final, investor interest is high, and an IPO could reshape Spain’s telecom sector.
The UK government’s proposed Cyber Security and Resilience Bill signifies a crucial advancement in enhancing national cybersecurity. Aimed at fortifying digital security for critical infrastructure, this legislation targets the escalating cyber threats faced by hospitals, energy networks, and IT providers.
Vecttor, a Cabify subsidiary, is revolutionizing fleet management with “Keyless,” a digital car access solution developed by Telefónica Tech and Geotab. This app-enabled system enhances efficiency, security, and driver convenience by eliminating physical keys. Currently rolling out across 3,000 vehicles in Spain, it marks a major step toward smarter, more sustainable mobility.
The Indian government’s strategic move to convert Vodafone Idea’s debt into equity has dramatically increased its stake to 49%. This comes as a lifeline for the telco, offering significant relief in its enormous debt woes. Despite this, Vodafone Idea faces tough competition from leaders Jio and Airtel, particularly in the 5G arena.
UPS has teamed up with NTT DATA to revolutionize its IT infrastructure over a decade. This transformative project utilizes AI to enhance UPS’s operational efficiencies and customer experiences while modernizing its data management across cloud platforms.
Siemens’ groundbreaking collaboration with Microsoft at Hannover Messe showcases a next-level industrial AI foundation, revolutionizing Industry 4.0. Leveraging vast production archives, this AI enhances automation and integrates digital systems like virtual PLCs. With applications already at Audi, Siemens leads in bridging the skilled labor gap and optimizing industrial processes.
Sky plans to cut 2,000 customer service jobs—about 7% of its workforce—by closing call centers and shifting to AI-driven support. As customer preferences move toward digital channels, the company is investing in its Livingston site to enhance AI-assisted services.
The UK’s efforts to modernize its public sector with AI face significant challenges, according to a report by the Public Accounts Committee. Issues like fragmented data, outdated technology, and a skills shortage hinder progress, casting doubt on Prime Minister Keir Starmer’s pledge.
Telus, a leading telecom operator, is considering selling a minority stake in its wireless tower portfolio, aiming to strengthen its financial position. The potential divestment of up to 49.9% of its 3,000 towers could raise over CAD 1 billion, fueling debt reduction and aligning with broader industry trends of leveraging asset sales for growth.
