A recent survey unveils how, despite potential risks, most industries, particularly telecommunication firms are embracing generative AI’s benefits. Interestingly, even traditionally cautious sectors, like aerospace and defence show a strong inclination towards AI’s adoption. Yet, as AI integration requires extensive investment in staff skill development, emerging corporate roles like AI auditors or ethicists are anticipated.
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.
Industry expert Jonny Parkinson illuminates the landscape of telecommunications mergers and acquisitions amidst economic shake-ups and global tensions. Despite a dip in deal-making activity, recent predictions suggest a strategic surge in the back half of 2023. Drawing upon the resilience of telecom firms in the face of change, Parkinson underscores the potential offered by technologies like AI and cloud computing to maintain competitiveness, even encouraging alternative structuring concepts and careful due diligence for prospective M&A targets.
European Commission’s concerns over the Orange-MasMovil merger in Spain may hinder the deal, potentially affecting competition within the country’s telecommunications market. Remedies, such as wholesale access to virtual players, could be proposed to address objections and prevent price increases for consumers.
UK operator EE boosts mobile connectivity for summer events with 125 temporary 4G and 5G masts, enhancing download speeds and coverage for attendees. As live events flourish, the challenge for operators is monetizing these network improvements.
Norway’s top telecom operator, Telenor, joins forces with Hafslund, HitecVision, and Analysys Mason to create the nation’s most secure commercial data center operator, focusing on sustainable solutions and critical data storage. The collaboration addresses national security concerns and promotes energy-efficient data centers with heat recycling potential.
Ofcom discusses AI’s potential benefits and risks, examining its use in content and telecom industries and addressing concerns about malicious usage. The regulator works with companies to assess safety risks, implement mitigation strategies, and enhance transparency to protect users and promote responsible AI integration.
The race for 5G dominance in the US continues, with AT&T focusing on standalone 5G architecture and monetizing services like gaming and augmented reality. With a cautious approach to Fixed Wireless Access, AT&T targets legacy copper network customers while embracing sustainability, AI, and automation for better energy efficiency and environmental impact.
Liberty Global’s push to domicile in Bermuda faces potential opposition from independent shareholders, citing possible imbalance in voting power. The move aims to streamline administrative processes, align corporate law, and ease business strategies.
Discover how 5G Open Innovation Lab teamed up with F5, GXC, and Spirent Communications to create an advanced Enterprise Private Mobile Network solution that boosts security, control, and operational efficiency in hard-to-reach areas, catalyzing IoT and network slicing opportunities.
