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At an investment banking conference in Estonia, Ericsson CEO Börje Ekholm highlighted Europe's position in the global telecom arena. Telco Buzz

In a stark warning delivered at a regional investment banking conference in Tallinn, Estonia, Ericsson CEO Börje Ekholm highlighted Europe’s precarious position in the global telecom arena. Emphasizing the urgent need for regulatory reform and innovation prioritization, Ekholm cautioned that Europe’s telecom industry is trailing far behind its counterparts in the US, China, and India.

Ericsson, the Swedish telecoms equipment manufacturer, is bracing for another challenging year by announcing a new wave of job cuts. Telco Buzz

Ericsson, the Swedish telecommunications equipment manufacturer, is bracing for another challenging year by announcing a new wave of job cuts within Sweden. The company has pointed to a constricted mobile networks market in 2024, driven by cautious customer spending and a continuation of the trend of reduced operator investment, which it had previously described as unsustainably low. Despite various analyst reports reinforcing this bleak outlook, Ericsson remains committed to its strategic goals but acknowledges the need for significant operational adjustments to navigate the current climate.

Zoom Video Communications, Inc., has earned a spot on Fast Company's exclusive list of the World’s Most Innovative Companies for 2024. Telco Buzz

Zoom Video Communications, Inc., has earned a spot on Fast Company’s exclusive list of the World’s Most Innovative Companies for 2024, a recognition highlighting its contributions to reshaping industry norms and cultural practices through groundbreaking innovations. Fast Company’s annual compilation not only celebrates the top 50 trailblazers but also extends its honor to 606 entities spanning 58 sectors and regions, acknowledging their significant achievements and setting of new benchmarks across the economic spectrum.

Three UK's latest financial report reveals a concerning swing to a loss, underscoring the company's pressing need for a merger with Vodafone. Telco Buzz

Three UK’s latest financial report reveals a concerning swing to a loss, underscoring the company’s pressing need for a merger with Vodafone, as articulated by its chief executive. Despite experiencing growth in both revenue and customer base last year, the mobile operator faced increased capital spending and operating costs, leading to its first earnings loss in over a decade. This financial downturn has been a pivotal factor in advocating for the proposed merger with Vodafone, according to Three UK’s CEO, Robert Finnegan.

In response to the outage of the UK's emergency calling service, the DSIT put forward new measures to bolster the system's reliability. Telco Buzz

In response to the unprecedented outage of the UK’s emergency calling service last summer, the Department for Science, Innovation and Technology (DSIT) has put forward new measures aimed at bolstering the system’s reliability. These steps are in addition to enhancements already made by BT to its emergency call handling protocols, following a significant disruption that saw 9,641 callers unable to reach emergency services due to a software bug on 25 June.