Spanish telecom giant Telefonica and Digi have signed a 16-year mobile network agreement effective January 1, 2025. This deal enhances their collaboration, covering National Roaming and RAN sharing services. By leveraging Telefonica’s superior infrastructure, Digi can transition from an MVNO to a full-fledged MNO, ensuring high-quality VoIP services.
Hyperoptic has secured a significant £150 million investment from the UK Infrastructure Bank (UKIB), accelerating their fibre-to-the-home rollout. This latest funding increases Hyperoptic’s total raised this year to £255 million, bringing overall funding to £1.1 billion. The investment highlights strong support for Hyperoptic’s mission to deliver ultra-reliable, hyperfast full fibre broadband.
Claro has achieved a milestone in Brazil by successfully testing 5G-Advanced (5G-A) in partnership with Huawei, reaching speeds over 10 Gbps. Utilizing a commercially active 5G antenna and advanced modems, the trial signifies a leap forward in mobile internet technology.
Xavier Niel’s Atlas Investissement has proposed a $4.1 billion buyout of Millicom, a key telecom player in Latin America under the Tigo brand. Despite a rejected offer, Atlas aims to enhance Millicom’s network and distribution. Leveraging expertise from its 29% stake, Atlas seeks to drive growth and expand 4G services in rural regions.
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.
Singtel and KKR are set to invest $1.3 billion for a minority stake in ST Telemedia Global Data Centres (STT GDC), marking the latest significant investment in the data center sector. The companies will initially acquire S$1.75 billion (US$1.3 billion) in redeemable preference shares and warrants, with a plan to invest an additional S$1.24 billion once the warrants are fully exercised.
Point Topic’s recent analysis reveals that global fixed broadband connections will rise to 1.39 billion by the end of this decade. While some regions will reach near-saturation, others will see significant growth opportunities.
South Korean telecommunications giant SK Telecom announced a $10 million investment in the U.S.-based generative AI search engine startup, Perplexity. The partnership aims to enhance Perplexity’s AI-powered search platform, positioning it as a potential competitor to Google in the search engine market.
Samsung played a pivotal role in the German smartphone market’s recovery during the first quarter of 2024, ending a prolonged period of decline. According to Counterpoint Research’s Q1 2024 Market Monitor Shipment Tracker, smartphone shipments in Germany increased by 13% year-over-year.
Cisco has unveiled a $1 billion fund dedicated to investing in AI startups, marking a significant move to strengthen its presence in the AI industry. CEO Chuck Robbins made the announcement at the company’s “Cisco Live” event in Las Vegas, emphasizing that the investment, though modest by AI standards, aims to foster innovative solutions and assist businesses in navigating the AI landscape.
