LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, has announced the appointment of Joanne Wong as Interim Chief Marketing Officer. Wong brings a wealth of experience to her new role, proven over 9 years of driving successful marketing initiatives at LogRhythm.
In response to the soaring global demand for fast, secure connectivity, China Mobile International Limited (CMI) is significantly investing in four new submarine cable systems. These systems promise to robustly service the substantial growth in mobile data usage in quickly digitising regions such as Africa. However, as aging cables become outdated, the race is on for fresh investment to keep pace with customer needs and the rapid development of next-gen technologies.
Singapore’s leading telecom provider Singtel, in a strategic alliance with technology powerhouse Nvidia, has unveiled a new line of data centers under the brand name Nxera. These centers are poised to revolutionize generative AI services for businesses across the region, aligning with Singapore’s National AI Strategy 2.0.
Indosat Ooredoo Hutchison (IOH) discloses plans of selling its data centres to BDx Indonesia, brightening BDx’s footprints in the Indonesian market. This move plays to the advantage of BDx who already operates data centres in Asia, while strengthening IOH’s commitment to enhance Indonesia’s tech landscape. Secured by substantial banking funding, this development emphasizes the continuous growth in the telecom and IT sectors.
In the third quarter of 2023, Ookla Speedtest Intelligence data reveals a robust global uptrend in fixed network speeds. The median download speed for fixed networks worldwide reached an impressive 83.95 Mbps, marking a substantial 19% increase from 70.3 Mbps in the same quarter of 2022.
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has completed the acquisition of a 49% interest in Cellnex Sweden and Cellnex Denmark (“Cellnex Nordics”), the Swedish and Danish operations of Cellnex Telecom (“Cellnex”), Europe’s largest independent operator of wireless telecommunications infrastructure, for a total value of c. EUR 730 million, of which EUR 558 million is recognized upfront.
The future of high-quality broadband access hinges on fiber investment, with interest spanning government, media, and network operators. Its value is in optimization, sustainability, and compatibility with the future. This technology could reshape industries, from education to smart city initiatives. The European Commission’s ambitious Digital Deco 2030, aiming to extend gigabit services to its entire populace by 2030, reflects global recognition of broadband’s potential in economic growth. Nevertheless, the disparity in gigabit-digital access remains a concern, prompting a focus on all-optical fiber networks. This reality becomes evident with Omdia’s Fiber Development Index (FDI), offering a diverse range of fiber investment metrics.
First Orion introduces SENTRY™, combatting fraudulent calls and preserving brand integrity. CO-OP KINKI enhances customer security with Vonage’s 2FA technology for online shopping. Cloud communications market soars, set to reach $180.7 billion by 2027. T-Mobile shifts users to pricier plans, raising concerns over rate plan commitments.
DIDWW, a global provider of premium quality VoIP communications, two-way SIP trunking and SMS services for businesses and telco carriers, has established its new Point of Presence (POP) in Amsterdam. This latest addition is now ready to deliver robust performance, efficiently handling customer voice traffic and ensuring enhanced connectivity.
In a strategic overhaul, Singtel has sold its cybersecurity subsidiary, Trustwave, to MC2 Titanium in a $205 million transaction. The sale, which was on the lower end of predicted ranges, marks a significant loss on Singtel’s initial investment. This action is part of Singtel’s wider initiative to optimize resources and improve shareholder value by centring its focus on 5G and other digital services. This story brings a further glimpse into Singtel’s resculpting journey, with the effectiveness of this asset divestiture strategy awaiting a verdict in upcoming fiscal reports.
