In a surprising turn of events, Vodafone has once again declined an enhanced merger proposal from Iliad for its Italian operations, despite the latter’s efforts to sweeten the deal. Iliad had revised its initial offer, made two years ago, in December, proposing a 50:50 joint venture that valued Vodafone Italia at €10.45 billion. This arrangement would have netted Vodafone €6.5 billion in cash and a €2 billion shareholder loan, with additional cash influx opportunities through a buyout option.
Amazon Web Services (AWS) is embarking on a $10 billion data centre project, Project Atlas, set to transform Mississippi’s digital landscape. This mammoth investment, backed by state funding, is expected to provide 1,000 new jobs and boost local infrastructure.
In a significant move for the telecommunications sector, Parallel Wireless has partnered with SUSE to integrate the SUSE Adaptive Telco Infrastructure Platform (ATIP) into its Open RAN solutions. This collaboration marks a pivotal step in enhancing the flexibility, security, and cost-effectiveness of managing and processing data in network operations.
Diving deep into Ookla’s RootMetrics’ study reveals a thorough testing of UK mobile networks, with EE claiming the Overall RootScore Award, outperforming in reliability, accessibility, and offering a network speed almost twice as fast as its nearest rival. However, when it came to 5G performance, the laurel went to Three UK in an intense rivalry.
UK’s government and Vodafone settle on ‘proportionate measures’ to assuage national security concerns over UAE-based e&’s increasing ownership stakes. This agreement follows the government’s expressed apprehension about e&’s potential influence on Vodafone’s policies due to its status as the largest shareholder. In response, a ‘national security committee’ will be created within Vodafone to monitor initiatives that could affect national security.
As the new year unfolds, Vodafone has released a compelling report, underscoring the urgent need for regulatory reforms to bolster Europe’s telecommunications sector. The report, titled “Why Telecoms Matters,” paints a stark picture of the challenges Europe currently faces, emphasizing the pivotal role of mobile technology and digital transformation in overcoming these obstacles.
Facing an economic upheaval, telecom leaders like Nokia, Ericsson, and AT&T post disappointing financial outcomes for 2023, attributed to factors like changing customer behavior and a challenging macro-economic environment. However, there are glimmers of hope, evidenced by Nokia’s significant free cash flow generation amidst a major slump in sales.
AST SpaceMobile secures a funding boost of $206.5 million from AT&T, Google, and Vodafone. Used smartphone market saw a robust 9.5% growth, while the new smartphone market faced a 3.2% decline. Nokia and Oppo have resolved their patent dispute with a multi-year cross-licensing agreement on 5G technology. ASC Americas partners with Wilmac Technologies to integrate ASC’s “Recording Insights” into Wilmac’s services. Mavenir has secured a contract to modernize messaging capabilities for Deutsche Telekom networks.
Amazon Web Services (AWS) is set to play a pivotal role in Japan’s artificial intelligence (AI) and cloud strategy, unveiling plans to invest a staggering 2.26 trillion yen ($15.3 billion) by 2027. The focus of this significant investment is the expansion of AWS’s cloud infrastructure in Osaka, aimed at accelerating the development and widespread adoption of AI and machine learning. Additionally, this move aligns with supporting enterprises in their digital transformation (DX) endeavors.
Enreach, Europe’s leading provider of converged contact solutions, announced that Tonny Siemons, the company’s business development lead for its Microsoft Teams and Microsoft Operator Connect integration strategies, will speak at ITEXPO, one of the world’s largest communications technology conferences. The event is scheduled for 13-15 February, 2024 at the Broward County Convention Center in Fort Lauderdale, Florida.
