BT’s financial report for the first half of 2024 reveals a 3% revenue decline due to the competitive retail market, while profits fell by 10% owing to heightened costs. On a positive note, BT’s fibre network now covers over 16 million UK households, bolstered by the rapid fibre deployment by Openreach.
Indosat Ooredoo Hutchison and Ericsson have launched Indonesia’s first full-stack Digital Monetization Platform (DMP), marking a pivotal moment in the country’s telecom digital transformation. This innovative solution supports 5G readiness, offering diverse new business models like network slicing.
The UK’s Competition and Markets Authority has given preliminary approval to a landmark merger between Vodafone and Three UK. This transformative step forward in VoIP services involves a major network upgrade, incorporating 5G technology.
IC Mobile has partnered with Openmind Networks to enhance its messaging services, introducing advanced, secure messaging systems for Canadian businesses. This collaboration strengthens IC Mobile’s position in the telecom market, aligning with its commitment to innovation and reliable communication.
Singtel and Ericsson are transforming Network-as-a-Service offerings with their innovative collaboration. By leveraging Singtel’s Paragon platform and Ericsson’s orchestration technology, the partnership aims to simplify and automate communication services for enterprises.
BT’s innovative mobile site in Shropshire exemplifies the future of sustainable connectivity by utilizing solar panels and a wind turbine, generating 70% renewable energy. This eco-friendly approach promises economic benefits and highlights BT’s commitment to reducing its carbon footprint.
Nokia’s recent decision to cut over 2,000 jobs in China and Europe is part of a broader strategic restructuring plan aimed at optimizing operations and realizing significant cost savings. This workforce reduction aligns with Nokia’s efforts to respond to changing global market dynamics.
Vantage Towers is considering selling its Spanish telecom tower assets amid a pricing conflict with Vodafone Spain. In collaboration with Morgan Stanley, the sale could fetch €1 billion, attracting interest from firms like Cellnex and American Tower.
Airtel Business and Vonage have launched Airtel IQ Business Connect, a unified communications platform for Indian enterprises. Leveraging Vonage’s cloud technology and Airtel’s network, the solution enables seamless, cross-device engagement.
Ericsson has achieved another significant VoIP milestone, securing a multi-billion-dollar contract with Bharti Airtel, reinforcing its presence in India’s telecom market. This aligns with recent collaborations with Vodafone Idea to enhance 4G and introduce 5G services.