A consortium comprising two Japanese banks, mobile operator NTT DOCOMO, and Space Compass Corporation has committed $100 million to HAPS developer AALTO. This substantial investment aims to support AALTO’s industrial and commercial roadmap, targeting a commercial launch of its services by 2026.
Verizon has entered into a $100 million agreement with AST SpaceMobile to extend satellite coverage across the United States. This partnership aims to achieve 100% geographical coverage by utilizing the 850 MHz spectrum, particularly in areas lacking traditional terrestrial service.
Broadband infrastructure provider Openreach has unveiled plans to extend its full fibre broadband services to 517 additional locations across the UK, bringing fibre-to-the-premise (FTTP) to an extra 2.7 million homes and businesses. This ambitious rollout includes 400,000 homes in rural areas, highlighting Openreach’s commitment to bridging the digital divide.
South Korea’s President Yoon Suk Yeol revealed a historic $19 billion support package aimed at bolstering the nation’s semiconductor sector, underscoring the industry’s critical role in the economy. The substantial investment, facilitated by the state-run Korea Development Bank, will enhance infrastructure, research and development, and offer tax incentives.
GoTo’s new AI-powered scam detection feature aims to protect users from rising remote support scams. Freedom Fibre secures funding for rural fibre rollout, Openreach extends network, but low uptake rates pose challenges.
Anritsu’s MasterClaw Service Assurance is now validated on Red Hat OpenShift, enhancing its cloud-native benefits. Aryaka expands its network with a new PoP in Madrid. DRFortress and Megaport have partnered to launch a new public cloud on-ramp solution.
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.
TIA updated its Data Center Standards (ANSI/TIA-942) to improve performance and efficiency. Network APIs are gaining popularity globally, particularly in antifraud applications. Spirent and Aviz collaborate on Networking 3.0 for 5G, aiming for open, AI-powered traffic monitoring. Granite receives a US patent for edgeboot, an AI-powered managed PDU.
UK-based autonomous vehicle startup Wayve has announced a significant investment of $1.05 billion aimed at advancing its development of self-driving cars powered by artificial intelligence (AI). The funding round was led by SoftBank, a Japanese multinational conglomerate, with substantial contributions from tech giants Nvidia and Microsoft.
In a strategic move bolstering its presence in broadband access, DZS, a US-based company, has finalized the acquisition of NetComm from Casa Systems for up to $10 million. This acquisition comes on the heels of Casa’s recent divestment of its 5G and cable businesses, marking the conclusion of its restructuring efforts.
Versa upgraded its SASE platform with advanced AI to bolster threat detection, accelerate remediation, and improve data protection.
NordVPN’s study shows over 54 billion leaked cookies on the dark web, highlighting how cookies have become a major target for hackers.
Greenlight introduces new affordable multi-gig fiber services designed for SMBs. RingCentral introduces innovative platform features integrating AI, video, and social messaging into workflows.
