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Indosat Ooredoo Hutchison unveiled financial results for the first quarter of 2024, alongside partnerships with Nvidia, Cisco, and Mastercar.
Market Watch

Indosat Ooredoo Hutchison Reports Strong Q1 Results and Corporate Collaborations

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Indonesian telecom operator Indosat Ooredoo Hutchison has unveiled impressive financial results for the first quarter of 2024, alongside highlighting strategic partnerships with global tech giants Nvidia, Cisco, and Mastercard. In Q1, Indosat recorded total revenue of $873 million, marking a robust 15.8% year-on-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) surged by 22.1%, with an EBITDA margin of 47.0%, while net profit soared by 39.4% to reach $82 million.

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Technology companies have joined forces to establish The AI-Enabled ICT Workforce Consortium, aimed at enhancing skills and knowledge.
AI

Tech Giants Collaborate to Upskill Workforce for AI Impact

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Several major technology companies have joined forces to establish The AI-Enabled ICT Workforce Consortium, aimed at enhancing skills and knowledge among tech professionals facing potential disruption from artificial intelligence (AI). Notable participants include Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP, supported by key industry and labor organizations.

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Telecom News | Week #14: GoTo launches Miradore Premium+, CallTower enhances Webex, NGMN urges measures, Casa Systems sells units.
News Roundup

A quick roundup of the news in Telecoms | Week #14

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GoTo’s Miradore Premium+ is a new subscription tier designed for growing businesses, offering enhanced MDM capabilities. CallTower introduces CT Text with MMS and SMS features in Cisco Webex. NGMN’s report underscores the necessity of industry-standard measures for tracking energy consumption in virtualized mobile networks. Casa Systems is selling its Axyom business to Lumine Group and its cable interests to Vecima Networks due to reduced capital spending.

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A report from Cisco reveals that only 3% of organizations possess the necessary level of readiness to combat cybersecurity risks effectively.
Security

Global Cybersecurity Readiness Falls Short as Threats Evolve

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The latest report from Cisco (NASDAQ: CSCO) reveals a stark reality: only a mere three percent of organizations worldwide possess the necessary level of readiness to combat modern cybersecurity risks effectively. Released today, the 2024 Cybersecurity Readiness Index underscores a notable decline from the previous year, where 15% of enterprises were classified as mature in their cybersecurity readiness.

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It has come to light that Amazon is investing a staggering $2.75 billion in the San Francisco-based AI startup, Anthropic.
AI

Amazon’s Strategic Investment in Anthropic: A New Era for AI in Telecommunications

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Amid the AI giants like Google and Microsoft, stands Amazon with its prolific investment of $2.75 billion in San Francisco’s AI startup, Anthropic. This strategic venture is Amazon’s biggest external contribution since its establishment. In return, Anthropic pledges to use Amazon Web Services as its chief cloud solution, employing AWS’s state-of-art infrastructure for their AI models. With $7.3 billion funding recently, Anthropic is galvanizing investors globally.

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Telecom News | Week #50: TXO acquires Lynx UK, FCC tackles telemarketing, Enreach's Contact App, Tollring's Record AI.
News Roundup

A quick roundup of the news in Telecoms | Week #50

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In telecom news, global circular solutions provider TXO bolsters its sustainability commitment by acquiring network decommissioning specialist Lynx UK, expanding its team and global presence. Meanwhile, the FCC strengthens rules against telemarketing abuse, aiming to protect U.S. phone subscribers from unwanted calls. Enreach introduces a Contact App Suite for enhanced business connectivity, integrating voice and call control with Microsoft collaboration tools. Additionally, Tollring unveils Record AI, an affordable cloud call recording solution democratizing AI automation for improved customer experiences across organizational scales. These strategic moves signal advancements in telecom sustainability, regulatory protection, business connectivity, and AI innovation.

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In a recent development, Ericsson, Vodafone, and Qualcomm Technologies have accomplished a milestone in European network technology.
IoT

Exploring 5G RedCap: Efficiency Leap for IoT Integration

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Ericsson, Vodafone, and Qualcomm Technologies recently pioneered data transmission via RedCap on a European network for the first time, unlocking a more streamlined, efficient mode of connectivity for IoT and other devices. Tested on Vodafone Spain’s 5G platform, the Ericsson’s RedCap technology enhances connectivity potential while providing economic and efficient data transmission. Furthermore, the demonstration introduced a new technology, New Radio Light, for extending battery life of customer devices.

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Nokia, an innovative network kit manufacturer, is the newest joiner of the UEC, a recently formed endeavour hosted by the Linux Foundation.
AI

Nokia Joins UEC: Shaping Future AI and HPC Networks

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Nokia, the renowned network equipment manufacturer, recently joined the Ultra Ethernet Consortium (UEC). Anchored by the Linux Foundation, the UEC fortifies Ethernet technologies to satisfy the escalating requirements of AI and high-performance computing. With members such as AMD, Cisco, and Microsoft, the consortium seeks to equip Ethernet with more advanced networking functions, while maintaining its simplicity and affordability.

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