Altice Group strategically eyes shedding its 50.1% sharing in XpFibre, triggering a ripple of interest from major players like KKR & Co., Macquarie Group, and others. While KKR & Co, Macquarie Group, and CDPQ are all reported to be keen on acquiring the stake, no financial bids have surfaced to date. Meanwhile, Altice Group’s decision to divest isn’t surprising, given its $60 billion debt, and recent considerations to sell other assets.
Andrew Hollister, LogRhythm’s Chief Information Security Officer, highlights the ongoing struggle in cybersecurity: despite years of talk, the problem remains unsolved. Looking ahead to 2024, he points out challenges like the rise of generative AI and the need for better cloud security. He emphasizes that focusing on basics like strong passwords and regular updates is crucial for staying safe online.
Bell Canada Enterprises is making significant cutbacks, revealing plans to eliminate 4,800 positions which make up 9% of their total workforce. Citing a need to adjust to declines in legacy businesses and a challenging macroeconomic environment, the company hopes this strategy will result in substantial cost savings. Additionally, Bell Media plans to relinquish over half of its radio stations deemed no longer viable.
BT, Ericsson, and Qualcomm demonstrated successful 5G network slicing trials for diverse applications, proving its potential to improve service quality in the 5G SA era. Disney invests $1.5 billion in Epic Games to blend its iconic franchises with Fortnite. D&H Distributing launches the Go Big AI Program to help partners use AI technologies. IPFone acquires VoIP company Joon to expand its cloud communication services and enhance offerings through synergistic technologies.
A recent analysis by the International Data Corporation (IDC) reveals an expected sharp increase in the shipment of AI-enabled personal computers (PCs) in the coming years. The study forecasts that the number of these specially equipped PCs, designed to handle generative AI tasks on their own without cloud assistance, will soar from approximately 50 million units in 2024 to over 167 million by 2027. This growth indicates that nearly 60% of all PC shipments globally will be AI PCs by the end of the projection period.
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.
SK Telecom, in collaboration with Intel, has made a groundbreaking advancement in core network technology, promising a significant reduction in communication delays and an enhancement in service efficiency, pivotal for the upcoming 6G networks. The innovation could slash communication latency by as much as 70% and boost service efficiency by approximately 33%, marking a significant leap forward in network performance.
Forging a powerful alliance, Virgin Media O2 and Tesco affirm a ten-year extension of their two decade-long partnership, potentially marking a new era for Tesco Mobile, UK’s leading mobile virtual network operator. With over 5.5 million customers, and a recent 9.4% increase in sales generating £970 million in revenues, this joint venture shows no signs of slowing down.
In an effort to bridge the digital divide in south and east London, the ‘Sub-regional Digital Infrastructure Strategy’ has been proposed. Over 156,000 premises in these areas lack comprehensive digital coverage, creating what is known as a ‘not spot.’ The strategy seeks to rectify this through interactive tools, infrastructure rollouts, and increased commercial investment, in a bid to transform London’s digital landscape.
IS-Wireless has marked a significant milestone in Poland’s telecommunications sector, unveiling the country’s first 5G campus network. Designed on the Open RAN model and utilizing local frequencies, this implementation at Bialystok University of Technology is primed to cultivate future 5G and 6G experts. The Open RAN, a rapidly expanding telecommunications model, allows for the integration of versatile components, offering a cost-effective and efficient solution.
