In spite of a 14% drop in sales, Ericsson has reported an impressive expansion in gross margin to 42.7%, largely credited to the resilience of its product portfolio and strict cost reduction measures. Maintaining its market leadership amid economic uncertainties, Ericsson anticipates further shrinkage in the RAN market for the rest of the year.
The demand for data centers is soaring due to edge services and generative AI. Nokia’s first-quarter results showed a 19% drop in sales but a notable 52% profit increase. Telesystem has launched new cybersecurity bundles featuring updated Employee Security Awareness Training. Utility companies are using GIS technology to address infrastructure, workforce, and demand challenges.
Fujitsu Limited and Oracle have joined forces to introduce innovative cloud and AI capabilities tailored to the digital sovereignty needs of Japanese enterprises and government agencies. This collaboration focuses on leveraging Oracle Alloy to enhance Fujitsu’s Hybrid IT offerings, particularly its Fujitsu Uvance platform designed to assist clients in business growth and societal problem-solving.
Comcast, the US cable giant, is expanding its prepaid Now brand with new fixed and mobile offerings in response to the impending closure of the Affordable Connectivity Programme (ACP). This initiative aims to attract consumers affected by the conclusion of the federal assistance program.
Letta’s recent report underlines the fragmentation faced by the European telecoms sector, with its 27 separate national markets serving a mere average of five million customers. Highlighting the necessity for unification and increased scale for cost-effective innovation, the report aims to strengthen the sector’s competitiveness, fueling new advancements like edge computing and IoT.
Bharti Airtel and Dialog Axiata have unveiled a fusion plan for their operations in Sri Lanka. The anticipated benefits of this combination include tapping into economies of scale, reducing infrastructure redundancy, drawing from technology and capital synergies, and fostering broadband connectivity advancements.
Australia’s National Broadband Network (NBN) has marked a historic milestone by utilizing cutting-edge 100G PON technology to achieve speeds of 83 Gbps on its live full fibre access network. This breakthrough, claimed as a world first, signifies a significant leap in broadband capabilities for Australian consumers.
In a recent development, the Japanese government has passed a significant amendment to longstanding telecom regulations, marking a pivotal moment for NTT, the country’s telecom giant. The amendment, announced by NTT on Wednesday, encompasses several key changes, including the liberation from R&D information sharing obligations and the allowance for non-Japanese directors on its board.
The clock is ticking for the Federal Communications Commission’s Affordable Connectivity Program (ACP), offering qualified households valuable monthly internet discounts. However, with the fund balance dipping below $1.8 billion, the financial resources may only last until April. Several providers have presented strategies to maintain continuity, offering budget-friendly plans of as low as $10.
Enreach for Service Providers, part of Enreach, the fast-growing European contact leader, has today announced a partnership with Netherlands-based CloudCTI, which delivers cloud-based CRM and ERP integrations to telecom service providers and resellers. The agreement will provide customers with access to 200+ CRM integrations. It will also support the customer experience (CX), analytics features and AI roadmap within Enreach UP, which combines, UCaaS, CCaaS and productivity tools in a fully converged contact solution, optimised for desktop, IP phone or mobile devices.
