In response to the rapid growth of the metaverse and generative AI sectors, the European Commission (EC) is conducting a comprehensive evaluation of the competitive landscape. Margrethe Vestager, the Executive Vice President of competition policy, has issued Requests for Information (RFI) for both markets, urging stakeholders to share insights on competition levels and propose ideas on how antitrust regulations can sustain competitiveness.
In a strategic move aimed at bolstering Norway’s space capabilities, Telenor Norway has successfully concluded the sale of its satellite business to Space Norway for a staggering NOK 2.36 billion ($228 million). The transaction, which received approval from the Norwegian Parliament just before Christmas, marks a significant shift in ownership of Telenor Satellite, a leading European provider of satellite TV broadcast and VSAT data communications services for maritime and land-based sectors.
Ofcom’s annual report, “Connected Nations,” provides a comprehensive update on the state of broadband and mobile services in the UK. The report reveals a noteworthy advancement, indicating that 78% of the UK now enjoys gigabit-capable broadband, marking an 8% surge from the previous year’s 70% coverage.
UK AltNets Freedom Fibre and VX Fibre Announce Strategic Merger Freedom Fibre and VX Fibre, both prominent UK alternative network providers, have announced their merger, solidifying their position in the market. The combined entity, operating under the name Freedom Fibre with CEO Neil McArthur at the helm, will boast a network spanning 285,000 premises. Freedom Fibre, established in 2020, specializes in wholesale-only services and maintains a strategic partnership with major UK broadband provider TalkTalk. With market consolidation gaining traction, this move is seen as a strategic merger to enhance business strength, diversity, and growth ambitions. Read full article. IBM Acquires StreamSets and webMethods for €2.13 Billion IBM has revealed its €2.13 billion cash acquisition of StreamSets and webMethods platforms from Software AG, majority owned by Silver Lake. These acquisitions, integral to IBM’s focus on AI and hybrid cloud, enhance application modernization and AI deployment capabilities. StreamSets contributes data ingestion capabilities…
A surge in data roaming is poised to take center stage, driven by the escalating adoption of 5G services among consumers, according to research conducted by Kaleido. The study foresees a substantial 36% annual increase in both consumer and IoT roaming data usage, projecting a remarkable climb to nearly 5,000 Petabytes by the year 2024.
Global satellite communications leader Viasat, Inc. has joined forces with Safran Data Systems to introduce InRange, a revolutionary system ensuring continuous telemetry data relay for launch vehicles in flight. This collaboration aims to liberate launch providers and spaceports from ground network dependencies during missions.
In a decisive move towards advancing its digital agenda, the European Union (EU) has earmarked a substantial €763 million for the Digital Europe Programme. The lion’s share of nearly €549 million will fortify ongoing projects and multi-country initiatives aligning with the Digital Decade targets. These targets, a roadmap for Member States, aim to accelerate digital transformation by 2030.
In a strategic move towards advancing its commitment to a circular economy, TXO, a prominent provider of end-to-end circular telecom network solutions, has officially acquired Lynx UK Ltd. The acquisition positions TXO as a key player in sustainable telecom networks, supporting operators worldwide in their pursuit of environmentally conscious network expansion and transformation.
In a long-anticipated move, telecommunications giants Digi, Orange, and MasMovil have finalized agreements as part of their ongoing merger negotiations. The trio is seeking the European Commission’s approval to resume the halted approval process, which stalled in July.
DIDWW, a leading telecom operator delivering top-tier SIP trunking and SMS services for businesses and telco carriers worldwide, has recently secured their membership of the Pacific Telecommunications Council (PTC). As a global non-profit organization dedicated to advancing information and communications technology (ICT) in the Asia-Pacific region, the PTC has 3,500 representatives from over 40 countries and more than 150 member companies.
