The Swansea Bay City Deal awarded VMO2 a contract to upgrade fibre infrastructure. The global smartphone market is expected to grow, driven by Android sales in China and emerging markets. Patton acquired Raymar Information Technology to continue supporting crucial legacy industrial technologies. EE has released age-specific smartphone usage guidelines.
Verizon Business 2024 Mobile Security Index unveils rising cybersecurity threats from mobile and IoT devices. With 95% of businesses actively using IoT, security concerns have intensified. The report emphasizes the need for enhanced mobile security, especially in critical sectors. Investing in advanced cybersecurity solutions is crucial as IoT becomes more integral to business operations.
Telecom Italia (TIM) celebrates the successful sale of its fixed-line grid to the Optics BidCo consortium, led by investment firm KKR. This strategic move aims to reduce TIM’s significant net financial debt and marks a first in major European telecom history.
IBM has completed its acquisition of StreamSets and webMethods from Software AG for €2.13 billion. This acquisition significantly boosts IBM’s WatsonX AI and data platform by adding robust data ingestion and integration platform-as-a-service (iPaaS) functionalities. The move sets IBM to offer a cutting-edge application and data integration platform, focusing on hybrid cloud environments.
Verizon has introduced a new prototype, the “network in a box” (NIB), aiming to bridge the gap between public and private network deployments. This innovative solution targets customers who desire the advantages of a private mobile network—such as enhanced performance, reliability, privacy, and security—without the need for a permanent setup due to financial or practical constraints.
TIM, Italy’s primary telecommunications provider, has confirmed the completion date for the sale of its networks business. In a recent stock market filing, TIM announced that the deal with private equity firm KKR will close on July 1, as planned.
The anticipated turnaround in the augmented and virtual reality (AR/VR) market remains elusive, as first-quarter shipments have once again plummeted. According to recent data from IDC, the volume of AR/VR shipments dropped by a staggering 67.4% compared to the same period last year. This decline follows a 54.4% drop in the first quarter of 2023 from the previous year.
Cloud networking specialist Mavenir, in collaboration with Nvidia and Amazon Web Services (AWS), has unveiled a pioneering suite of generative AI (GenAI) solutions aimed at enhancing intelligent Radio Access Network (RAN) operations. Dubbed Operations Co-Pilot for RAN Service Assurance, this innovative platform promises to revolutionize network troubleshooting by automating fault prediction and root cause analysis.
In a strategic move aimed at enhancing network capabilities, Telstra, the Australian telecom giant, has inked a Memorandum of Understanding (MoU) with Vonage, a unit of Ericsson. This partnership signifies Telstra’s intent to integrate its network APIs into Vonage’s platform, offering enterprises and developers access to advanced network features.
Swisscom has revealed that its Italian subsidiary, FastWeb, has sold its 4.5% stake in FiberCop to Optics BidCo, a subsidiary of KKR, for €439 million. FiberCop, formed in 2021 by Telecom Italia (TIM), KKR, and FastWeb, manages the ‘last mile’ fibre network, connecting homes to street cabinets.