KT Corp aims to generate $773.1 million by 2025 from AI-based services, investing $5.4 billion by 2027. Focusing on robotics, healthcare, and education, their AI improvements include AI contact centers, logistics services, customized care plans, and the AI Food Tag, emphasizing the company’s innovative approach.
TIM explores offers for its Enterprise business, valuing the unit at over €6 billion, while the board evaluates bids for network assets. With the company’s gross financial debt nearing €32 billion, maximizing value is crucial. KKR emerges as a frontrunner, as anticipation builds for exclusive discussions lasting until late August or early September.
KPN’s acquisition of Youfone expands its customer base, positioning it to potentially overtake T-Mobile Netherlands as the largest mobile operator, while boosting its fiber coverage with Primevest’s Dutch assets. Discuss these market shifts at this year’s Total Telecom Congress.
CityFibre secures wayleave permissions to connect over a million locally-owned and housing association homes, reducing the digital divide and providing essential digital infrastructure. Collaborations with organizations like Places for People aim to support those struggling with the cost of living and staying online.
Ex-Vodafone CEO Nick Read joins global fiber giant EXA Infrastructure as chairman, offering leadership to drive strategic network expansion and commercial growth in the rapidly evolving telecom industry.
VEON commits $600 million investment via Kyivstar for Ukraine’s recovery, focusing on infrastructure, 4G expansion, cybersecurity, and community support, fostering accelerated digitalization and rebuilding efforts.
Euro-Center, one of the world’s leading companies in the fields of medical assistance, travel assistance and insurance claims’ handling, has formed a strategic alliance with DIDWW, a global…
Nokia’s recent summer launches showcase significant advancements in their AirScale portfolio, utilizing ReefShark chips and optimization for 5G SA and 5G-Advanced. Additionally, their AI-powered network management solutions ensure increased efficiency for future network evolution.
Intel’s massive €30 billion European project advances with state-of-the-art factories in Magdeburg, Germany, boosting job creation and supply chain resilience amid global semiconductor demand. Will the ambitious initiative fulfill high-tech production aspirations?
Norway’s top telecom operator, Telenor, joins forces with Hafslund, HitecVision, and Analysys Mason to create the nation’s most secure commercial data center operator, focusing on sustainable solutions and critical data storage. The collaboration addresses national security concerns and promotes energy-efficient data centers with heat recycling potential.
