Deutsche Telekom has emerged as the latest European telecommunications giant to report robust financial results for the first quarter of 2024. The German incumbent witnessed notable increases in revenue, earnings, and net profit, propelled by a surge in its European operations. The company’s performance underscores a positive growth trajectory amidst a competitive telecom landscape.
BT Group has reported a slight revenue increase to £20.8 billion, a 1% rise from last year, driven by price hikes for broadband customers, robust sales of fibre products in Openreach, and growth in the consumer division. However, the company’s pre-tax profits dropped sharply by 31%, falling to £1.18 billion, despite a 2% rise in adjusted EBITDA, which reached £8.1 billion.
EXA Infrastructure, a leading digital infrastructure platform facilitating connections between Europe and North America, has unveiled plans for a significant expansion in North America. The company’s latest move involves the introduction of a new route linking Ashburn and Atlanta, aiming to bolster its infrastructure presence in the region.
At Avaya Engage, its premier customer experience event, Avaya, a global leader in Customer Experience solutions, unveiled a series of important enhancements to the Avaya Experience Platform™ (AXP),that further Avaya’s leadership in Enterprise CX as well as its commitment to delivering Innovation without Disruption. Avaya’s robust and comprehensive CX platform, trusted by large Enterprises globally, empowers customers to maintain their core capabilities while evolving through flexible innovation paths, including on-premises, private cloud, public cloud, or hybrid deployment models.
his week, the University of Bristol has powered up Isambard-AI, the UK’s fastest and most potent supercomputer, following a £225 million investment announced by the government last March. Built by Hewlett Packard Enterprise, Isambard-AI boasts over 5,000 NVIDIA superchips, enabling it to execute a staggering 200 quadrillion calculations per second. Officially named the AI Research Resource (AIRR), this supercomputer surpasses its predecessor by a factor of ten in computational power, aiming to support critical AI technology development.
In line with its commitment to delivering global connectivity, DIDWW has expanded its SIP trunking services to include local call termination in North Macedonia, Malaysia, and Kenya. As a leading provider of premium quality two-way VoIP and SMS communications, DIDWW strategically enhances its coverage to offer robust telco solutions for businesses around the world.
In a strategic move to bolster its network reach, alternative fibre builder CityFibre has successfully acquired Lit Fibre, marking the first step in its plan to consolidate within the UK’s burgeoning altnet sector. Lit Fibre, known for its vertically integrated model encompassing both network construction and ISP services, currently serves over 220,000 premises across more than 20 towns in several regions.
Black Box, a renowned provider of communication and technology solutions, has announced the inauguration of its state-of-the-art Hyperscale Data Center of Excellence (DCoE) in Inver Grove Heights, Minnesota. This milestone marks over three decades of Black Box’s presence in Minnesota and underlines its commitment to pioneering innovation and excellence in data center services and the broader technology sector.
In a significant development, Hong Kong residents now have access to China Telecom’s satellite direct-to-phone service, marking a pivotal step in the operator’s expansion strategy. China Telecom has long provided satellite options to mobile customers through a range of devices, including dongles, dedicated satphones, and smartphones equipped with built-in satellite antennas from manufacturers like Huawei.
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.
