Malaysia’s 5G space sees major collaborative efforts as five mobile network operators (MNOs) each nets a 14% equity stake in Digital Nasional Berhad (DNB), forming a total 70% share. The remaining 30% will rest with the government. This bolstering of DNB’s finances aims to facilitate the evolution from the current Single Wholesale Network model to a more efficient Dual Network one.
In a significant development, Malaysian telecommunications giant Axiata Group Berhad has officially confirmed its exit from the Nepalese market. The decision follows the announcement of an unconditional sale and purchase agreement with Spectrlite UK Limited for the divestment of Reynolds Holding Limited, the entity holding an approximately 80 percent equity stake in Ncell Axiata Limited.
Huawei’s new Paris Innovation Centre reflects its pledge to advance the tech landscape in Europe through collaboration. This £2 million-per-year initiative aims to cement positive relations between corporations and small-medium enterprises (SMEs). SMEs, the bedrock of Europe’s economy, often grapple with the complexities of digital transformation, an issue the Innovation Centre seeks to address.
In a groundbreaking move set to reshape the landscape of business communication in the UK, Sangoma Technologies, a leading global provider of business IT and communication solutions, has announced a strategic partnership with UK-based Sol Distribution. The collaboration is poised to offer a lifeline to thousands of businesses grappling with the impending end of traditional analogue telephony, providing them with a seamless transition to a digital-first future.
A top-notch fibre network provider in London is revising its strategy, putting its expansion on hold to rather focus on serving their existing customers. This tactical shift, inevitably linked to layoffs, aims to maximise investor return through strategic customer acquisitions, but will it impact their goal to connect millions of homes with high-speed internet?
The Advertising Standards Authority (ASA) has ushered in stricter guidelines on mid-contract price changes in telecommunications, increasing the burden of clarity for operators. Historically, telecom contracts often obscured potential price fluctuations, misleading customers with allusions of fixed prices. These deceptive tactics, often rooted in fine print legalese, have necessitated ASA’s initiative for more transparent advertising. With Broadband and mobile contracts especially susceptible to annual adjustments, providers must alert customers clearly about prospective changes.
Telefónica, the notable Spanish telecom giant, is hinting at sizable workforce reductions. Yet, figures conflict between reports, leaving uncertainty about the affected employee count. Amidst global economic instability, these layoffs align with Telefónica’s strategic shift to prioritize cash generation and operational excellence. Such a move echoes other industry leaders’ recent job cuts, suggesting a broader trend.
Nippon Telegraph and Telephone Corporation (NTT), NTT DOCOMO, and SKY Perfect JSAT join forces with Amazon’s Project Kuiper to turbocharge Japan’s telecom services. The partnership seeks to leverage Project Kuiper’s Low Earth Orbit (LEO) satellite broadband network, offering a breadth of connectivity to enterprises and government entities despite the nation’s geographical challenges. The strategic emphasis is on utilizing Kuiper’s capabilities for redundant communication networks, covering even hard-to-reach locations ramping up continuity of services after emergencies and natural disasters.
Vodafone’s potential sale of its Italian operations to Fastweb amid TIM’s anticipated network sales sets the scene for a transforming Italian telecom landscape. Amid these changes, Fastweb’s potential merger or acquisition of Vodafone appears rational due to current market dynamics. Nonetheless, political wrangling, rival suitors, and ever-changing regulatory landscapes act as potential roadblocks to this merging of forces. The news underlines the need for strategic shifts amongst Italy’s leading telecom operators amidst significant changes.
In an intriguing shift, Telefónica, the Spanish telecom titan, is exploring potential profits from selling its Tech unit, stirring up future predictions. Insider details reveal engagement with multiple financial institutions and a goal to retain majority control, a factor that might affect investor incentive. Amid this, the Tech division’s impressive financial growth and its strategic significance in enterprise technology are undeniable.
