A significant increase in Distributed Denial of Service (DDoS) attacks has been reported by Zayo, with the telecommunications sector suffering the most. According to the company’s annual DDoS Insights Report, the past year saw a dramatic rise in both the frequency and severity of these cyber assaults. Businesses found themselves paying an average of £4,700 for every minute under attack, culminating in an average total cost of £325,000.
In a pivotal move, CELLSMART, Abundant IoT and TMR embark on an IoT convergence mission through Fixed Wireless Access (FWA). CELLSMART, with its unmatched cellular knowledge, brings speed and on-the-ground engineering support, transforming IoT rollouts.
Delving into Wind Tre’s recent maneuverings with a proposed sale to EQT, marks another twist in the intricate telecommunications landscape. Initial strategies aimed to restructure the Italian operator’s fixed and mobile assets were fueled by intense competition. Yet, the hanging threads of existing network sharing agreements and a looming February deadline complications, streamed the planned transaction to an impasse.
LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, has expanded its partnership with e-finance, a subsidiary of e-finance Investment Group to deliver secure digital transformation in Egypt. The strategic expansion of the partnership sees the integration of LogRhythm into e-finance’s cloud computing platform. e-finance’s customers across critical industries including fintech, government, and healthcare gain access to LogRhythm SIEM to uncover threats, mitigate attacks, and scale their business with confidence.
Altice Group strategically eyes shedding its 50.1% sharing in XpFibre, triggering a ripple of interest from major players like KKR & Co., Macquarie Group, and others. While KKR & Co, Macquarie Group, and CDPQ are all reported to be keen on acquiring the stake, no financial bids have surfaced to date. Meanwhile, Altice Group’s decision to divest isn’t surprising, given its $60 billion debt, and recent considerations to sell other assets.
Following successful end-to-end integration testing of their OTS solutions, telecommunication pioneers Sonalake and KCOM further prepare for industry-wide trials. Their collaboration trailblazes customer experience advancements with agile innovation, particularly with Sonalake’s launch of pivOTS™. This enterprise-grade solution aids ISPs in achieving OTS compliance securely and cost-effectively.
In an exciting development for the telecommunications industry, EE has officially opened the doors to its brand-new Experience store in Gateshead, marking the beginning of an ambitious rollout plan. This store is the first in a series, with the company planning to launch over ten Experience stores across the country within the next year.
In the United Kingdom, a significant transition is underway as the nation shifts from traditional analogue landline services to modern, IP-based digital systems. This change, mirroring a global trend towards digital communication solutions, aims to enhance service quality for the majority of consumers. However, it has raised concerns for certain vulnerable groups who depend on the older technology and may face challenges, particularly during power outages, which could impact their ability to reach emergency services.
TIM’s leadership has expressed dissatisfaction with the Italian government’s initial purchase proposal for its Sparkle subsea cable division, prompting CEO Pietro Labriola to seek improved terms. The decision follows a recent bid by the Ministry of Economy and Finance, which has been deemed inadequate by TIM’s board of directors. Amidst ongoing discussions about the board’s composition, the focus has swiftly shifted back to negotiations, underscoring the complex nature of the transaction involving Sparkle.
A recent analysis by the International Data Corporation (IDC) reveals an expected sharp increase in the shipment of AI-enabled personal computers (PCs) in the coming years. The study forecasts that the number of these specially equipped PCs, designed to handle generative AI tasks on their own without cloud assistance, will soar from approximately 50 million units in 2024 to over 167 million by 2027. This growth indicates that nearly 60% of all PC shipments globally will be AI PCs by the end of the projection period.
