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Forrit reveals that 89% of marketers and tech leaders are optimistic that Web 3.0 and metaverse can revolutionise interactions with the web.
IT

Web O.No: Metaverse and Web 3.0 Stunted by Internet Chaos, Warn 87% of Business Leaders

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A new study launched by Forrit, the next-generation, global content management system (CMS) provider, reveals that 89% of senior marketers and tech leaders are optimistic that Web 3.0 and the metaverse have the potential to revolutionise the way we interact with the web. However, the report, titled Web O.No: your business’ bleak online future and how to avoid it uncovered that 87% believe the current state of the internet will stunt these innovations – and none of the respondents have websites that are currently equipped for this transformative new internet era.

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Nokia has clinched a major deal with Uzbekistan's Perfectum, paving the way for the deployment of Central Asia's inaugural 5G SA network.
5G

Nokia to Deploy First 5G Standalone Network in Uzbekistan

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Nokia has clinched a major deal with Uzbekistan’s Perfectum, paving the way for the deployment of Central Asia’s inaugural 5G standalone (SA) network. Under this agreement, Nokia will be the exclusive supplier, furnishing Perfectum with a comprehensive end-to-end 5G SA network, including radio access, transport, core networks, and various network automation and service applications.

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A decision emerged for a new regulation requiring ByteDance to divest from the social media platform TikTok or risk a US prohibition.
Market Watch

Navigating US Senate Regulations: TikTok’s ByteDance Dilemma

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The US Senate has made a significant leap forward with a new regulation requiring TikTok’s parent company, ByteDance, to divest from the platform or face a US ban. This move, echoed by President Biden’s support, stems from fears surrounding TikTok’s algorithm and ByteDance’s potential to share American user data with the Chinese Communist Party. However, TikTok’s CEO Shou Zi Chew vehemently denies these allegations.

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Vodafone Carrier Services introduced Scam Signal, an API aimed at countering impersonation scams, within the realm of APP fraud.
Telco Buzz

Vodafone Launches Scam Signal API to Combat Impersonation Fraud

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Vodafone Carrier Services, the wholesale arm of Vodafone Business, has introduced Scam Signal, an API aimed at countering impersonation scams, particularly within the realm of Authorised Pushed Payment (APP) fraud.

This new API, Scam Signal, has demonstrated promising results, boasting a 30% improvement in scam detection during a successful pilot with a UK bank over three months.

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The Australian investment bank, Macquarie, is considering an exit from KCom amidst escalating competition within the UK altnet sector.
Market Watch

Macquarie Explores Exit as Competition Intensifies in UK Altnet Market

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The Australian investment bank, Macquarie, is reportedly considering an exit from KCom amidst escalating competition within the UK alternative network (altnet) sector. A recent report in The Telegraph suggests that Macquarie has engaged advisors from PJT Partners to conduct a strategic review of KCom, indicating potential changes on the horizon.

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Lycamobile, a MVNO furnishing services, which offers mobile services over T-Mobile’s network, is publicly standing against the latter.
Telco Buzz

Lycamobile vs T-Mobile: Unpacking Their Contentious MVNO Dispute

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Lycamobile, a multinational MVNO hailing from London, is raising serious accusations against T-Mobile, their US network partner since 2012. They cite considerable hurdles in acquiring basic services like eSIM and access to T-Mobile’s 5G standalone architecture. Lycamobile’s stance escalates further; by urging regulatory bodies to halt T-Mobile’s looming acquisitions, they imply an uneven playing field. Meanwhile, T-Mobile, combating allegations of litigation as a diversion, asks that Lycamobile’s claims be dismissed.

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Vodafone has achieved a significant milestone in the UK's Shared Rural Network (SRN) initiative, announcing the activation of its 200th site.
Telco Buzz

Vodafone Hits Milestone with 200th Rural Site Activation Amid UK Coverage Pressure

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Vodafone has achieved a significant milestone in the UK’s Shared Rural Network (SRN) initiative, announcing the activation of its 200th site. This accomplishment marks a notable improvement from the 57 sites operational a year ago, underlining the urgency faced by the country’s major mobile network operators (MNOs) to meet rural coverage obligations.

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Softbank, the Japanese telecoms giant, is bolsterng its supercomputing capabilities in a bid to support its ambitious GenAI strategy.
AI

Softbank to Invest Heavily in Supercomputing for GenAI Push

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Softbank, the Japanese telecommunications giant, is gearing up to bolster its supercomputing capabilities in a bid to support its ambitious generative AI (GenAI) strategy. As reported by Nikkei, Softbank plans to allocate JPY150 billion ($960 million) over the next two years towards upgrading its computing infrastructure, a significant leap from the JPY20 billion invested last year.

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The financial advisory firm, PJT Partners, is set to conduct a comprehensive strategic review of the UK telecoms company, KCOM.
Telco Buzz

Navigating KCOM’s Strategic Future in UK Telecom Landscape

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PJT Partners sets out to scrutinize UK telecom operator, KCOM’s business strategy, a move that could trigger significant changes like a sale or merger. This arises from previous disclosures regarding the potential interest of CityFibre and Virgin Media O2 in purchasing the uniquely positioned company that operates independently of BT’s Openreach network.

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In a move towards making telecom services more accessible, Comcast has unveiled a range of prepaid options under its fresh 'NOW' brand.
Broadband

Comcast’s ‘NOW’ Initiative Redefines Prepaid Telecom Services

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Comcast is revolutionizing the world of telecommunication by introducing prepaid options under its new ‘NOW’ brand. The lineup, including wireless, fixed broadband, Wi-Fi and streaming TV, aims at maximizing affordability and ease of use. Despite Broadband being less explored due to required installation process and risk factors, Comcast’s ‘NOW Internet’ is geared towards the prepaid segment, including user-friendly design and affordable rates.

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