Swedish telecom giant Telia is streamlining operations by reducing its workforce by 3,000 jobs to cut costs by $253 million annually. This move aims to boost efficiency and decision-making speed. With the largest layoffs occurring in Sweden, Telia remains committed to local market needs and long-term success amid restructuring efforts.
AT&T partners with Nokia in a groundbreaking multi-year deal to upgrade its US fibre network infrastructure. Spanning five years, Nokia will deliver crucial fixed broadband equipment to bolster AT&T’s current infrastructure and accommodate future network expansions. This partnership is set to enhance broadband access for millions, driving digital innovation.
AST SpaceMobile’s five BlueBird satellites are set to launch on September 12, heralding the start of their commercial non-terrestrial network services in collaboration with carriers like Verizon and AT&T. This pivotal event not only enhances global cellular connectivity but also signifies a major milestone in low Earth orbit telecommunications.
Ramboll has strategically acquired data centre consulting company i3 Solutions Group, expanding its global footprint and reinforcing its position as a comprehensive service provider. This acquisition boosts Ramboll’s capabilities in North America, Europe, and Asia, aligning with its mission to mitigate the data centre industry’s environmental impact while offering clients cutting-edge solutions.
SoftBank and Eutelsat’s OneWeb have partnered to enhance communication services in Japan by integrating OneWeb’s LEO satellite connectivity. The multi-year deal will improve secure, reliable communications, particularly in remote areas. SoftBank’s SmartVPN service will benefit, and there’s potential for expansion abroad.
Indosat Ooredoo Hutchison (IOH) and Zurich have announced a groundbreaking partnership to integrate telecommunications and insurance services into a single app. This collaboration leverages Indosat’s expansive network and Zurich’s insurance expertise, aiming to enhance financial inclusion across Indonesia. The joint effort seeks to provide comprehensive protection, particularly benefiting rural and underserved regions.
Ogi has secured £45 million from the Cardiff Capital Region to expand its full-fibre network across South Wales. This investment will enhance connectivity in key areas, supporting economic growth and bridging the digital divide. The expansion aligns with broader UK efforts to improve digital infrastructure and boost regional development.
TalkTalk’s recent refinancing agreement, aimed at stabilizing its financial position, involves significant contributions from key shareholders pledging £170 million. The deal extends repayment deadlines for Revolving Credit Facilities and Senior Secured Notes to September 2027, giving TalkTalk more time to organize its finances and ensure long-term financial stability.
HORISEN and Vodafone Germany launch an innovative public transportation ticketing system, integrating Rich Communication Services (RCS) and Direct Carrier Billing (DCB). This collaboration simplifies fare purchases via mobile phones, enhancing user convenience. As part of Vodafone’s UPLIFT initiative, this project underscores a commitment to sustainable, digital transformation in public services, reflecting VoIP advancements.
China is investing over $6.1 billion in data centers as part of its “East Data, West Computing” initiative. This project, launched in 2022, aims to balance data storage in the east with processing in the resource-rich west. The funding has established eight computing hubs, bolstering China’s digital infrastructure amid US sanctions.
