Global cloud communications platform Infobip has unveiled its groundbreaking product, Experiences, a generative AI-powered journey builder that empowers businesses to engage customers, foster loyalty, and accelerate growth. This innovative no-code platform offers organizations a comprehensive library of AI-powered journey templates tailored to their unique business needs, spanning from onboarding and engagement to retention and loyalty.
The GSMA and the European Space Agency are planning a collaboration to further integrate satellite and cellular technologies. This new alliance promises to bring non-terrestrial networking (NTN) into the market mainstream, a significant step, previously signaled by NTN’s inclusion in the 3GPP’s 5G standards. With eyes set for integration in future 6G networks, this collaborative endeavor aims to advance unique solutions for businesses and consumers. It’s an astounding opportunity that potentially could yield a high-growth market worth $18 billion between 2024 and 2031.
The South African telecom giant, Telkom, recently rejected an acquisition bid from a consortium led by its former Chief, Sipho Maseko. The bid, whose details remain undisclosed, sparked extensive board deliberations and was followed by a 7% fall in Telkom’s share price. CEO Serame Taukobong maintains, however, that offers for a takeover will remain on hold until viable proof of deliverability is presented.
Fibre builder Wildanet’s expansion into the Devon region could fuel an estimated economic surge of £1 billion by 2030, primarily through Gigabit-capable broadband, according to a new Curia report. This ambitious outlook, however, hinges on universal access to Gigabit broadband by 2030, a significantly higher benchmark than Wildanet’s initial target of reaching 25,000 premises. The firm’s dedication to end the digital disparity in rural Devon is so far supported by over 60,000 wireless connections, and plans to add 50,000 more by 2023. Meanwhile, additional funds from Gresham House could expedite the broadband rollout, making digital inclusion a tangible reality, even in the most remote locations. Despite this, digital desolation persists, with nearly 78,000 Devon inhabitants having never experienced internet access.
Allegations were made last week against Vivacom, a Bulgarian telecommunications company owned by United Group, by A1 Group and PPF Group. The Bulgarian Commission on Protection of Competition (CPC) had granted Vivacom permission to acquire Networks-Bulgaria and several other smaller Bulgarian telecoms, sparking concerns within the industry.
Despite the complexities, the Telecoms.com survey reveals an exciting consensus: The enterprise private networks may become a 5G goldmine in the next few years. Interestingly, the mobile edge’s role shows signs of decrease. But what about Multi-Access Edge Computing and the high cost of managing mixed networks? And how can vendor selection help overcome security concerns? With both telecoms and customers keen on leveraging 5G’s potential, it’s a thrilling tale of advancement and challenges.
United Group’s series of acquisitions in Bulgarian telecommunications raises intrigue, drawing attention especially from vigilant industry veterans like A1 Group and PPF Group. The tacit consent of the Bulgarian Commission on Protection of Competition allowing Vivacom to absorb Networks-Bulgaria and six other telecom firms, potentially empowers Vivacom with unprecedented control over TV distribution and the ISP market.
The dialogue strengthens between E& and PPF Group, sparking talks of a strategic alliance. With E&’s evident ambition to penetrate the European markets, the narrative gets captivating. Though discussions are in infancy, market enthusiasts eagerly await major developments. Meanwhile, PPF Group, post-acquiring Telenor’s assets, strengthens its presence in Europe.
Delving into the realm of advanced AI, SK Telecom elevates its AI service ‘A.’, boasting features crafted around user preferences. The upgraded version introduces AI agents with unique personalities, promising each user a personalized experience. Working hand in hand with Microsoft’s Azure OpenAI, SKT’s AI capabilities now consist of a Large Language Model, designed to comprehend intricate conversation details for insightful dialogues.
While Europe’s increasing $227 billion investment in IoT assures advancements, it particularly underlines the businesses’ focus on operational cost reduction and process optimization. However, economic strains and geopolitical disturbances, like the war in Ukraine and Covid-19, impede this spending surge, especially in Central and Eastern Europe. IDC, nevertheless, forecasts an upturn by 2027, with IoT remaining a viable tool in organization performance enhancement amidst challenges. For telecom providers, these shifting sands offer both opportunities and considerable challenges.
