In an unexpected strategy shift, VEON is offloading its stake in Beeline Kyrgyzstan to CG Corp Global’s associate. The monumental telecom deal, setting the business’s value over three times its forecasted EBITDA for 2023, awaits regulatory approval. Amidst this change, Beeline Kyrgyzstan forges ahead in growth, promising patrons sustained exceptional digital solutions.
Telgorithm, a cutting-edge messaging API provider, today announced a groundbreaking partnership with Constant Contact, a digital marketing and automation platform that has helped millions of small businesses and nonprofits globally. By leveraging Telgorithm’s unique SMS API, Constant Contact is now the first omnichannel digital marketing platform to offer SMS marketing to sole proprietorships. This collaboration addresses a significant gap in the marketing mix for solopreneur businesses.
At Enterprise Connect, Cisco (NASDAQ: CSCO) today unveiled new purpose-built, multifunctional devices that deliver modernized collaboration experiences to today’s hybrid workforce. The company announced the launch of the Cisco Board Pro G2, an AI-fueled and touch-enabled collaboration device and Cisco Desk Phone 9800 Series, designed to bring a modern and personalized productivity hub to any desk.
Ericsson, the Swedish telecommunications equipment manufacturer, is bracing for another challenging year by announcing a new wave of job cuts within Sweden. The company has pointed to a constricted mobile networks market in 2024, driven by cautious customer spending and a continuation of the trend of reduced operator investment, which it had previously described as unsustainably low. Despite various analyst reports reinforcing this bleak outlook, Ericsson remains committed to its strategic goals but acknowledges the need for significant operational adjustments to navigate the current climate.
Serveo and Telefónica Tech are setting a new standard in eco-friendly mobility and road safety, utilizing drones for a novel traffic management approach. These drones, operated by Navalair, offer aerial views to quickly assess traffic incidents and road conditions, thereby enhancing support to accident victims and expediting response times.
Zoom Video Communications, Inc., has earned a spot on Fast Company’s exclusive list of the World’s Most Innovative Companies for 2024, a recognition highlighting its contributions to reshaping industry norms and cultural practices through groundbreaking innovations. Fast Company’s annual compilation not only celebrates the top 50 trailblazers but also extends its honor to 606 entities spanning 58 sectors and regions, acknowledging their significant achievements and setting of new benchmarks across the economic spectrum.
Three UK’s latest financial report reveals a concerning swing to a loss, underscoring the company’s pressing need for a merger with Vodafone, as articulated by its chief executive. Despite experiencing growth in both revenue and customer base last year, the mobile operator faced increased capital spending and operating costs, leading to its first earnings loss in over a decade. This financial downturn has been a pivotal factor in advocating for the proposed merger with Vodafone, according to Three UK’s CEO, Robert Finnegan.
Nokia has enhanced its WaveSuite optical network platform. Companies across various industries are increasing their investment in artificial intelligence. Ericsson launched EFTG to drive 5G advancements in U.S. federal agencies for national digital transformation. NVIDIA’s launch of the GB200 Grace Blackwell Superchip promises to revolutionize generative AI’s efficiency and performance.
NEC Corporation (NEC; TSE: 6701) and NTT Corporation (NTT) today announced that they have successfully conducted a first-of-its-kind transoceanic-class 7,280km transmission experiment using a coupled 12-core multicore fiber (*1), which consists of 12 optical signal transmission paths in a standard outer diameter optical fiber (0.125 mm). This achievement is expected to be a next-generation transmission infrastructure technology that will contribute to the realization of large-capacity optical networks, including future optical submarine cables.
In a significant development for digital infrastructure, the United Kingdom has emerged as a leader in the expansion of full fibre networks across Europe. Recent statistics have highlighted the country’s swift advancement in deploying fibre to homes, surpassing all European counterparts in the annual growth rate. Over the past year until September 2023, the UK has extended its fibre network to an additional 4.7 million households.
