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The clock is ticking for the Affordable Connectivity Program (ACP) spearheaded by the Federal Communications Commission (FCC). Market Watch

The clock is ticking for the Federal Communications Commission’s Affordable Connectivity Program (ACP), offering qualified households valuable monthly internet discounts. However, with the fund balance dipping below $1.8 billion, the financial resources may only last until April. Several providers have presented strategies to maintain continuity, offering budget-friendly plans of as low as $10.

The UK Government's newly established Critical Imports Council aims to lessen the disturbance of essential goods flow from disruptions. Market Watch

The UK Government’s newly established Critical Imports Council aims to lessen the disturbance of essential goods flow from unpredictable global supply chain disruptions. Business and Trade Minister, Alan Mak, highlights strengthening critical goods supply against real-world crises through collaborative efforts with industry experts. With representation from diverse sectors including telecommunications, the council will focus on assessing risks and creating robust mitigation strategies.

The UK CMA raised alarms regarding the possibility of a collusion among American tech giants, aiming to manipulate the AI market. AI

The UK Competition and Markets Authority (CMA) has raised alarms regarding the possibility of a collusion among a handful of American tech giants, aiming to manipulate the AI market in their favor. The focus of their worry centers on the control exerted by these companies over the development and commercialization of foundation models (FMs), with Open AI’s GPT being a prominent example.

In a determined move to expand its capital, Vodafone Idea has publicized plans to marshal up to $2.16 billion via India's largest FPO. Market Watch

Vodafone Idea is initiating one of India’s largest follow-on public offerings, seeking to amass roughly $2.16 billion. Placing the firm under pressure is its struggle against a decreasing market share and encumbering debt, the result of fierce competition within India’s telecommunications industry. Despite currently being hindered by its financial situation to invest in network enhancements, expectations linger for the telecom’s debut of 5G services by year’s end.

China's MIIT unveiled a new pilot scheme aimed at easing foreign ownership restrictions on a variety of value-added telecom services (VATS). Market Watch

China’s telecommunication landscape is set for a potential paradigm shift as the Ministry of Industry and Information Technology (MIIT) pilots a novel scheme to alleviate foreign ownership constraints in various value-added telecom services. Primarily trialed in Beijing, Shanghai, Hainan, and Shenzhen, this bold change could stimulate innovation by aligning these industries with global trade norms.