Altice is exploring options to exit its stake in SFR amid ongoing debt restructuring, with potential valuations of €30 billion. Leading telecom players like Bouygues Telecom, Iliad, and Orange are expressing interest, alongside Middle Eastern operators and private equity firms.
The UAE is partnering with top US tech firms to build a massive AI data center in Abu Dhabi. Dubbed the UAE Stargate, the project aims to deliver five gigawatts of AI power and expand globally, aligning with a larger US initiative to boost AI infrastructure across key sectors.
Vodafone Idea’s shares fell sharply after the Supreme Court denied relief on massive dues. With stalled funding, mounting losses, and shrinking market share, the company faces an uncertain future. The state risks losing its investment as Vi teeters between collapse and survival.
A major data breach at SK Telecom exposed sensitive subscriber information, including USIM and IMSI data. The incident, traced to 2022, has prompted security upgrades and international collaboration. South Korea and the U.S. are now working to align cybersecurity standards and expand cooperation.
BT is nearing a deal to sell its stake in TNT Sports to Warner Bros Discovery, marking a strategic shift away from noncore markets. As financial pressures mount, the move aligns with CEO Allison Kirkby’s focus on UK operations and deeper cost-cutting, including plans to reduce spending.
Qualcomm and e& UAE have partnered to advance 5G and edge AI in key UAE sectors. The alliance focuses on developing AI-powered devices and gateways to boost real-time data processing and efficiency, supported by Qualcomm’s new Abu Dhabi center.
BT has launched a new international unit as part of its strategic overhaul, aiming to streamline operations and sharpen focus on the UK market. Led by Bas Burger, the division will operate independently and enhance financial transparency, supporting BT’s broader cost saving goals.
AWS and Saudi AI firm HUMAIN are launching a $5 billion initiative to develop an AI Zone in Saudi Arabia. The project supports Vision 2030, boosts innovation across key sectors, and includes training for 100,000 Saudis. By 2030, AI could add $130 billion to the economy.
Sparkle’s AISNA project has transformed its network operations by automating tasks and streamlining processes. With faster alert handling and major time savings, the initiative improves efficiency and enhances customer service. Developed with Engineering, this innovation reflects Sparkle’s commitment to operational excellence and better client experiences.
Rakuten Mobile posted its first quarterly EBITDA profit, signaling progress in its greenfield strategy despite wider net losses. The telecom unit’s revenue rose nearly 11 percent, and subscriber growth continued. Positive EBITDA and reduced losses hint at a potential turnaround for the ambitious, cloud-native network operator within Rakuten Group’s evolving telecom push.
