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Indonesian telecom operator Indosat Ooredoo Hutchison has unveiled impressive financial results for the first quarter of 2024, alongside highlighting strategic partnerships with global tech giants Nvidia, Cisco, and Mastercard. In Q1, Indosat recorded total revenue of $873 million, marking a robust 15.8% year-on-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) surged by 22.1%, with an EBITDA margin of 47.0%, while net profit soared by 39.4% to reach $82 million.

Intelsat, a leading satellite connectivity firm, has joined forces with farming equipment manufacturer CNH to introduce connected tractors and other agricultural machinery to Brazil, enabling precision farming in remote regions. The initiative involves installing ruggedized multi-orbit satellite terminals on CNH farm equipment across Brazil. These terminals will leverage Intelsat’s global network to establish connectivity, facilitating the real-time streaming of data between farm equipment and cloud services.

NEC launches “NEC cotomi Pro” and “NEC cotomi Light,” advanced gen AI models. Lumos will be acquired by a joint venture of EQT and T-Mobile to expand high-speed internet access. CEA-Leti leads EU projects 6G-DISAC and 6G-GOALS, revolutionizing 6G technology through smart networks. Sanas obtained a patent for its Real-Time Accent Conversion AI Technology, enabling call center agents to adapt accents and reduce background noise. GlobalData’s report highlights how startups are innovating in AI-driven medical diagnostics, IT management, and financial operations.

LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, is holding its revamped cybersecurity summit, RhythmWorld Europe, to elevate cybersecurity collaboration. RhythmWorld Europe will bring together industry experts and professionals to share key knowledge to overcome the most pertinent modern threats. The summit returns for a second year following its successful European launch in 2023 and will take place on 30th April 2024 at CodeNode, London.

Huawei is nearing completion of a large R&D complex in Shanghai focused on semiconductor technology. Fujitsu, NEC, NTT, and DoCoMo have unveiled a groundbreaking ‘top-level sub-terahertz 6G device’ achieving 100 Gbps speeds over 100-meter distances in the 100 GHz and 300 GHz bands. MASV’s Solutions Partner Program simplifies large file transfers using their cloud-based platform. LEAP is expanding global customer outreach with Vonage’s Communications APIs and SIP Trunking for scalable cloud connectivity.

LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, expands its presence in India with a dedicated 24/7 support center for eligible customers and launch of its leading cloud-native security information and event management (SIEM) platform, LogRhythm Axon. The strategic expansion enables Indian organizations across industry verticals to enhance their cybersecurity maturity as global cyberthreats become more sophisticated and diverse.

Telecom leaders discussed the challenge of monetizing 5G. Vodafone’s ‘The Great British Telecoms Switch’ campaign offers BT customers savings and compensations to switch providers. A Pew Research Center survey found U.S. teens have a complex relationship with smartphones. Verizon’s report shows a 129% rise in mobile network traffic over 5 years. Iliad aims to become the fifth-largest mobile operator in Europe by 2024.

Alianza, Inc., the leading cloud communications platform for service providers, today released a new Omdia Research report, “Reinventing Core Communications: Strategic Imperatives for Growth.” The report offers a transformation roadmap for service providers as they face increasing operational complexity, network costs, and revenue pressures that are creating hostile market conditions across the telecommunications industry.