ADNOC has teamed up with e& to deploy the largest private 5G network in the energy sector, spanning 11,000 square kilometers of operations. This ambitious initiative, aimed at boosting AI, IoT solutions, and operational efficiency, is projected to generate $1.5 billion in value by 2025.
Telefónica, a leading telecommunications operator, has sealed a fresh agreement with tech giant Google Cloud aimed at turbocharging Telefónica’s journey into cloud adoption and AI-driven innovation. The deal, which extends the strategic collaboration between the two entities for another three years, is poised to usher in a wave of advancements across various fronts.
Sigma Lithium, a leading producer of sustainable lithium, has enlisted Nokia and Alcon to establish what is touted as the inaugural private LTE wireless campus network in the Americas. This groundbreaking initiative aims to bolster lithium mining operations with enhanced connectivity and digitalization.
In a stark warning delivered at a regional investment banking conference in Tallinn, Estonia, Ericsson CEO Börje Ekholm highlighted Europe’s precarious position in the global telecom arena. Emphasizing the urgent need for regulatory reform and innovation prioritization, Ekholm cautioned that Europe’s telecom industry is trailing far behind its counterparts in the US, China, and India.
Mobile Experts released a report on the growth of Private LTE and 5G in sectors like offices and schools. EnGenius launches the EOC655 series for outdoor connectivity, designed for smart cities and public safety. UK Altnets have urged the government for harsh penalties against fibre infrastructure vandalism. Klika Tech won the 2024 IoT Global Awards in the “Smart Cities, Government & Utilities” category.
The 5G Open Innovation Lab (5G OI Lab) has officially introduced eleven new startups from around the world to its Spring program, marking the beginning of its fifth year in operation. The 5G OI Lab has become a beacon of innovation and technological progress in the 5G and Edge technology space, supporting a total of 129 startups since its inception. These startups have collectively raised over $2.23 billion in venture capital, thanks to the support of industry giants like AT&T, Comcast, Microsoft, and Intel, among others.
In an exhilarating turn of events, telecommunications titan Ericsson collaborates with the renowned Indian Institute of Technology Kharagpur for pioneering research in AI, Compute, and Radio technology, with a spotlight on 6G development. This theoretical partnership is set to stir groundbreaking headway in fundamental and applied study in the Radio realm, significantly marking India as a technological innovation hub.
With the advent of 5G and Wi-Fi 6, cellular connectivity offers an enticing alternative to Wi-Fi, especially in enterprise set ups. These advances, along with new approaches to spectrum policy, have spurred the expansion of private cellular networks (PCNs), giving companies more control over their connectivity. A deeper analysis reveals that despite its accessibility, Wi-Fi faces challenges like signal interference and limited coverage, where private 5G networks, underscored by robust security and higher capacity, outperform.
Nokia, the renowned network equipment manufacturer, recently joined the Ultra Ethernet Consortium (UEC). Anchored by the Linux Foundation, the UEC fortifies Ethernet technologies to satisfy the escalating requirements of AI and high-performance computing. With members such as AMD, Cisco, and Microsoft, the consortium seeks to equip Ethernet with more advanced networking functions, while maintaining its simplicity and affordability.
Despite robust projections for 5G growth, the radio access network (RAN) equipment market experiences a downturn, according to Dell’Oro Group. A typical industry cycle shows that after the booming initial rollout of new mobile tech, stagnation follows as operators complete their spending cycles. However, 5G RAN could still expand by 20%-30% by 2027, failing to offset decreasing LTE investments. As telecom industry anticipates the inception of 6G, dwindling subscriber growth and restrained capital expenditures, due to economic considerations, are putting pressure on the market.
