Italy’s telecommunications tycoon, Retelit, ushers in a new era of growth under the leadership of newcomer CEO, Jorge Álvarez. With the recent Retelit-Irideos merger, Álvarez is set to navigate the future of this B2B market leader, backed by a solid 20-year career in the global telecom industry.
Samsung, the South Korean tech giant, has reported its lowest operating profit in 14 years for the April to June quarter. The decline is attributed to the ongoing downturn in the memory chip market. While the precise details are yet to be disclosed, analysts expect the chip division’s poor performance to be the primary cause.
Ericsson plans a €155 million investment for a smart manufacturing hub in Tallinn, Estonia. BT will reduce its workforce by 1,100 at Adastral Park while investing in modernization. Cellnex acquires full control of OnTower Poland, expanding its tower portfolio. Unicon launches an enhanced partner program for resellers in end-user computing. NEC introduces a generative AI service to drive business transformation.
A recent survey unveils how, despite potential risks, most industries, particularly telecommunication firms are embracing generative AI’s benefits. Interestingly, even traditionally cautious sectors, like aerospace and defence show a strong inclination towards AI’s adoption. Yet, as AI integration requires extensive investment in staff skill development, emerging corporate roles like AI auditors or ethicists are anticipated.
Despite the complexities, the Telecoms.com survey reveals an exciting consensus: The enterprise private networks may become a 5G goldmine in the next few years. Interestingly, the mobile edge’s role shows signs of decrease. But what about Multi-Access Edge Computing and the high cost of managing mixed networks? And how can vendor selection help overcome security concerns? With both telecoms and customers keen on leveraging 5G’s potential, it’s a thrilling tale of advancement and challenges.
Four prominent Swedish companies are under the scanner for illicit data transfer to the U.S., marking a stark violation of EU’s GDPR rulings. The heart of this issue lies in their use of Google Analytics, leading to these privacy breaches. Interestingly, not all implicated parties bore the same guilt, showing varying levels of data safety vigilance. More caution and respect for GPDR’s regulations is thus urged from all companies dealing with data transfers. Undeniably, an increasing global scrutiny on data protection laws, demands such vigilance.
Go Connect Mari is a desktop solution that enables seamless telephony integration with over 250 contact-oriented business systems and CRM applications, spanning various industries. By integrating these systems, Go Connect Mari offers significant productivity and efficiency gains for end-users.
GoFibre, the Scottish network provider, has recently announced its readiness to commence deployment of fibre-to-the-premises (FTTP) in the North Northumberland region, a venture backed by a £7.3 million Project Gigabit contract. They expect to offer commercial services by Autumn, revolutionising the digital landscapes of connected rural communities. However, whilst the mission focuses on battling the rural digital divide, stakeholders question if the UK is meeting its ambitious gigabit rollout targets. Meanwhile, other telecom giants are making their own pioneering moves in the sector.
Cisco’s Webex, a leading unified communications and collaboration platform, has become the first of its kind to achieve adherence to the EU Cloud Code of Conduct (EU Cloud CoC) Level 3. This significant milestone was reached after undergoing an independent third-party assessment and audit, which verified the platform’s compliance with all code controls.
Top tech giants, including Amazon, Apple, and Microsoft, have recently been identified by the European Commission under the new Digital Markets Act (DMA) as potential digital ‘gatekeepers’. These firms, commanding vast economic and influential prowess, now sit waiting during a 45 day review period that could officially brand them as such. Following the conclusion of the evaluation process, each company will need to navigate a six-month transition to achieve full compliance with the DMA directives. These guidelines are aimed at fostering competition and safeguarding both end-user rights and the interests of small scale businesses.
