Ericsson has announced the sale of its US subsidiary iconectiv to Koch Equity Development for $1 billion. This transaction, anticipated to complete in early 2025, underscores Ericsson’s strategy to streamline its core offerings. Iconectiv, renowned for number portability solutions, will continue expanding under its new ownership.
Four leading Malaysian telcos have bid for the nation’s second 5G network, following the government’s tender that closed on July 31, 2024. The contenders—CelcomDigi, Maxis, Telekom Malaysia, and U Mobile—aim to enhance Malaysia’s 5G landscape. The winning bidder will be announced by year-end, set to further progress the nation’s 5G infrastructure development.
LilaConnect, a leading retail ISP, has reached an impressive milestone of 15,000 connected customers, showcasing its commitment to delivering high-quality, full fibre internet. Using Fibre to the Premises (FTTP) technology, LilaConnect ensures faster and more reliable internet speeds.
T-Mobile has been fined $60 million by CFIUS after failing to prevent unauthorized access to sensitive data and delaying incident reporting. The violations occurred during their integration with Sprint, raising national security concerns. T-Mobile has since improved data handling to prevent future mishandlings. Stay informed with the latest VoIP news.
The rapid expansion of data centers poses a significant environmental challenge, with projections indicating they will consume as much electricity as the EU by 2030. This growth, driven by demanding applications like AI, necessitates integrating energy-efficient technologies and adopting sustainable practices. As data centers multiply, addressing their environmental impact becomes crucial for a greener future.
Three’s 5G network now reaches 62% of the UK’s population, expanding to 656 locations and 4,900 sites nationwide. This growth in Three’s 5G coverage is part of a strategic push to enhance 4G services and significantly expand 5G capabilities, aiming to elevate the UK’s digital infrastructure.
Maxis and Huawei collaborate to advance 5G in Malaysia, launching a Joint Innovation Centre. Telecom Italia exits Inwit, selling its final stake for €250 million. Oracle partners with AT&T to integrate IoT connectivity into its platform. TalkTalk secures a £400m lifeline amid financial struggles and leadership changes.
Intel’s decision to sell its stake in Arm Holdings during Q2 is a strategic move amid job cuts and intense competition from AMD and Qualcomm. This shift allows Intel to focus on AI chips and for-hire manufacturing, making it crucial for VoIP providers to closely monitor Intel’s evolving strategy in the tech industry.
DigitalBridge has initiated a tender offer to acquire Japanese tower firm JTower, offering a 152% premium valued at JPY93 billion ($630 million). This strategic move aims to address growing pressures in the telecommunications sector from the deployment of Beyond 5G and 6G technologies. With NTT and NTT Docomo tendering their stakes, the acquisition promises enhanced infrastructure-sharing capabilities.
Cisco’s Q4 and fiscal year 2024 results reflect a mixed performance with essential strategic shifts. The company generated $13.6 billion in quarterly revenue and $53.8 billion for the fiscal year. Cisco’s focus on AI, cloud, and cybersecurity, underpinned by key milestones like $1 billion in AI sales, underscores its future growth vision.
