Xavier Neil, the French telecom magnate, is seeking financing to acquire the remaining 80% of Latin American telecom group Millicom through his investment vehicle, Atlas. The move was disclosed after media reports surfaced, prompting an official statement from Atlas Investissement. The statement confirmed that Atlas is exploring a cash tender offer for Millicom, aiming for a purchase price of $24 per share.
The UK Deputy Prime Minister has given the green light to the proposed merger between telecommunications giants Vodafone and Three, citing national security considerations. The decision, made under the National Security and Investment Act 2021, imposes certain conditions on the merger.
Robocalls and scam calls plague phone users, causing financial loss, identity theft, and emotional distress. These deceptive tactics exploit advancements in technology. Fortunately, individuals can fight back with call blocking apps, Do Not Call lists, and authentication technology. By working together, we can reduce the impact of robocalls and scam calls.
Alianza, Inc., the leading cloud communications platform for service providers, announced CLOUDEDGETM with new capabilities for telecommunications service providers (telcos) to streamline migration of legacy voice infrastructure to the cloud. The new access control solution offers a low-risk path for telcos to reduce operating complexity and gain network management efficiencies while also accelerating the path to service innovation.
The US government has unveiled plans this week to establish a new institute dedicated to advancing digital twin technology for the semiconductor industry. Through the CHIPS Manufacturing USA initiative, companies are invited to submit proposals to operate this institute, with the selected applicant set to receive up to $285 million in funding.
In a letter addressed to Congress, Rosenworcel highlighted that the Reimbursement Program would require approximately $4.98 billion to cover all “reasonable and supported” cost estimates in approved applications. This starkly contrasts with the current appropriation of $1.9 billion, resulting in a notable deficit.
Matthew Riley, the CEO of Daisy Group, a leading UK IT services company, is reportedly on the brink of finalizing a merger deal with Wavenet, a communication and technology solutions provider based in the UK. According to sources disclosed to Sky News, the merger is in its final stages.
In a significant move aimed at bolstering cybersecurity across the country, the UK government has rolled out stringent regulations requiring manufacturers of internet-connected devices to adhere to minimum-security standards. The new laws, part of the Product Security and Telecommunications Infrastructure (PSTI) Act 2022, are designed to mitigate the risks posed by weak security features on smart gadgets.
CSPs have been investing heavily in network technology to reduce expenses, but legacy voice infrastructure is holding them back. Cloud transformation can deliver better customer experiences, reduce costs, and increase scalability. AI will change customer engagement and revenue generation, with GenAI offering SMBs deep analytics from customer conversations. CSPs should focus on a modern, digital-first customer experience with self-service options. Alianza offers a cloud communications platform to simplify migration and operations for CSPs.
The Australian investment bank, Macquarie, is reportedly considering an exit from KCom amidst escalating competition within the UK alternative network (altnet) sector. A recent report in The Telegraph suggests that Macquarie has engaged advisors from PJT Partners to conduct a strategic review of KCom, indicating potential changes on the horizon.
