Nigeria’s mobile market experiences a significant shift as the NCC allocates 25 MVNO licenses, driving competition and expanding service offerings. This move aims to improve connectivity in rural areas and transform the African telecoms ecosystem in 2023.
Rising Ransomware Costs Versus Cybersecurity Countermeasures Industry reports indicate that hackers are thriving despite advancements in cyber defense. The median cost of ransomware attacks has doubled to $26,000 over the past two years, with 95% of incidents resulting in financial loss ranging from $1 to $2.25 million. Social engineering and phishing remain highly effective tactics due to the human element. Senior leadership is increasingly becoming a cybersecurity threat. Governments and law enforcement agencies are taking more decisive actions against high-profile attacks, but these measures mainly deter hackers from targeting less coordinated markets. IoT devices used in DDoS attacks have risen to 1 million, accounting for 40% of global DDoS traffic, necessitating stronger network security and awareness. Despite improved measures, hackers are expected to continue succeeding. Read the full article Viasat Selected for AFRL’s ARBALEST Program: Enhancing Tactical Space Connectivity Viasat Inc., a global communications company, has been chosen by the…
Ofcom discusses AI’s potential benefits and risks, examining its use in content and telecom industries and addressing concerns about malicious usage. The regulator works with companies to assess safety risks, implement mitigation strategies, and enhance transparency to protect users and promote responsible AI integration.
EU Commissioner Thierry Breton calls for accelerated replacement of high-risk vendors in 5G networks, emphasizing the importance of adhering to the 5G Toolbox framework. As some countries lag behind, a potential EU-enforced ban looms, sparking debate on costs and security.
China Telecom invests $434 million in a new quantum computing division, joining the growing list of telcos exploring this revolutionary technology’s potential benefits and risks to secure a position in the emerging sector.
Turner and Townsend partners with Network Rail to transform outdated telecom systems, enhancing the UK’s rail connectivity through resilient and affordable technologies. This collaboration aims to streamline the acquisition of skills for telecom infrastructure support, driving nationwide change.
Red Oxygen joins Australia’s Communications Alliance, aiming to enhance connectivity and promote high business standards while fostering innovation in converging networks and technologies.
Open RAN Revenue Growth Slows Global Open RAN revenues saw a 10-20 percent growth in Q1 2023, while the vRAN market expanded by 20-30 percent, according to Dell’Oro’s report. However, this growth is slower than the previous year, mainly due to a decline in North America. The Asia Pacific region performed well and offset the North American decline. Despite the slowdown, Dell’Oro remains optimistic about Open RAN, expecting it to account for 6-10 percent of the global RAN market in 2023. On the other hand, Dell’Oro has lowered its full-year outlook for multi-access edge computing (MEC) by over 20 percent, citing a slowdown in China’s 5G market and subdued enterprise interest. Read the full article. Cisco Partners with the Greater Manchester Digital Security Hub Cisco has partnered with the Greater Manchester Digital Security Hub (DiSH) to enhance cybersecurity in the region. Cisco’s Country Digital Acceleration (CDA) program will focus on…
In just five years, Iliad has amassed over 10 million mobile customers in Italy, boasting a 99% satisfaction rate and making waves in the market. Offering transparent pricing and driving down costs, the telecom giant’s innovative approach is challenging traditional operators as convergence looms.
China sanctions US chipmaker Micron citing national security concerns, escalating tensions between the two nations. With implications for the IT and telecom sectors, alternatives may emerge from market leaders, fueling ongoing retaliation. How will this play out in the tech industry?
