Epsilon Telecommunications (Epsilon), a KT Corp. company and leading global interconnectivity provider, has appointed Damon (Young Seok) Lee as its Group Chief Executive Officer. Lee joins Epsilon with over 27 years of experience in the telecommunications and technology sectors, most recently serving as Vice President in KT’s Enterprise Business. He will lead Epsilon’s senior executive team with a focus on optimising the company’s business strategy and global growth.
Telxius, a leading global connectivity provider, has been recognized at the 2024 Data Center Market (DCM) Awards for its Derio Data Center. It has won the award for Excellence in Connectivity, providing a state-of-the-art facility near Bilbao, in northern Spain, designed to harness the potential of the subsea cables connected to it.
In a recent analysis by ABI Research, the future looks bright for neutral host providers, with projections pointing to a significant revenue increase. By the year 2030, it’s estimated that neutral host connectivity will rake in revenues of around $1.3 billion. Although the current market size remains unspecified, this figure highlights the substantial growth potential for the sector.
Neterra, a telecommunications trailblazer for nearly three decades, recently secured the prestigious ‘Best Central & Eastern European Carrier’ award at the Global Carrier Awards 2023. In an exclusive interview with Svetoslava Bancheva, the PR and Digital Communications Manager, Neterra’s evolution from providing Bulgaria’s first internet connection to becoming a global telecom solution provider unfolds. Svetoslava highlights pivotal milestones, including running submarine cables under the Danube River and the establishment of the Sofia Data Center.
Ofcom, the UK’s telecom regulator, wields new measures to curb fraudulent calls and misuse of Calling Line Identification data internationally. This initiative directly targets scammers exploiting loopholes to feign UK numbers. While exceptions exist for legitimate overseas use, maintaining the balance without obstructing genuine calls is an imperative yet challenging pursuit.
Stage X won South Korea’s fourth mobile operator spot with a $322 million bid for 5G spectrum. Yellow.ai and Infobip have partnered to enhance global customer support through AI-driven voice automation and conversational experiences.
Breezeline invests in a 525-mile fiber network to boost internet for 45,000 homes and businesses in New Hampshire. DARPA, in partnership with Nokia’s Bell Labs and others, aims to develop a sustainable Moon base with a robust telecom network to support future Mars expeditions.
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.
Alternate network operators, the so-called ‘altnets’, are on the cusp of revolutionizing digital infrastructure with their subscriber-tailored fibre networks. Brand trust and consistency are crucial in this venture, eyeing lifelong monetization rather than mere reach. This extends beyond merely providing a network ‘highway’, enhancing user experiences. While speed and pricing have been traditional differentiators, custom in-home experiences are now taking the spotlight.
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.
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.
