In the recently held Network X event, Orange’s Deputy CEO shed light on their significant fiber expansion and presented an intriguing outlook on 5G’s future, hinting at its potential in achieving the 2040 CSR objectives. Discussing 5G Standalone (SA), she highlighted it as a gamechanger for B2B interactions, fueling varied possibilities. Briefly discussing their triumph at the Barcelona port project, she humbly emphasized the responsibilities that come with connected factories.
In a robust move, Nokia is set to enhance 5G Fixed Wireless Access (FWA) with the unveiling of FastMile, two innovative solutions aimed at boosting indoor and outdoor coverage. This stride could revolutionize the industry, especially when considering wall attenuation effects on network capacity. FastMile’s outdoor solution cleverly sidesteps signal loss due to wall materials, while an intuitive mobile app assists users in determining the best placement for their receivers—shaping a route towards an optimal user experience in telecommunications.
Fibre network giant, ITS Technology Group, enlivens UK telecom sector with a hefty funding acquisition of £100 million from Avenue Capital Group. This new influx brings their total funds to £145 million, opening avenues for strategic network expansion and potential merges. CEO Daren Baythorpe echoes the optimism, hinting at enhancements of 10Gpbs-capable network and strategic acquisitions. Epidemic times demand robust connectivity and this new step promises just that. The partnership with Evolve, promises to feed into the rising demands for bandwidth-rich technologies.
Serving as key hubs in business communication, call and contact centers consistently enhance customer experiences in our digital era. In line with the sector’s advancements, DIDWW, a global provider of premium quality VoIP communications, two-way SIP trunking and SMS services, has announced its participation in the Call & Contact Centre Expo in London. Recognized as Europe’s premier summit for the telecoms sector, the Expo is set to bring together over 3,500 industry professionals, offering valuable insights and networking opportunities.
AT&T’s vast addition to their fiber net base underlines an impressive income growth. This growth is visible in their third-quarter report, boasting revenues over $30 billion. The influential role of AT&T’s fiber subscriptions reveals a customer base exceeding 8 million aided significantly by a striking 26.9 percent growth in AT&T Fiber revenues. Notably, the company’s recent launch, AT&T Internet Air, foresees further enhancement to their service offerings.
A recent study conducted by Juniper Research, a renowned telecommunications authority, has revealed that the escalating costs of SMS authentication services and the emergence of fraudulent activities are poised to curtail the demand for SMS-based authentication among enterprises. As a result, telecommunications operators are projected to witness a mere 4% increase in traffic in 2024, in stark contrast to the average annual growth rate of 10% observed over the past five years.
Ooma, Inc., a leading smart communications platform for businesses and consumers, has successfully acquired 2600Hz, Inc. The acquisition, valued at approximately $33 million in cash, closed on October 20, 2023. This strategic move is set to enhance Ooma’s business solutions and expand its market reach.
Neos Networks accelerates its journey toward 100 on-net data centres with the new addition of two pivotal UK sites to its fibre network. Offering secure and high-capacity connectivity, these centres bolster the UK’s tech hubs while surging towards embracing digital innovations and reliable connectivity. The impact of such expansion unfolds an intriguing storyline of the country’s evolving connectivity landscape.
Swedish telecom giant, Ericsson, navigates uncertain market conditions as shares nosedive due to less-than-stellar sales and the aftermath of Vonage acquisition. CEO Börje Ekholm’s outlook paints a cautious but proactive stance into 2024, with reiteration that long-term EBITA margin targets remain unaltered. Despite this, debates swirl around the company’s decision to acquire Vonage and its impact on the downturn. Could potential partnerships and strategic moves towards Open RAN and Cloud RAN be the missing puzzle pieces to Ericsson’s comeback?