Reports from Reuters suggest that Saudi Arabia’s STC group is contemplating a significant move in the European telecom market by considering the acquisition of United Group, a prominent player in both telecommunications and pay-TV sectors. Citing three anonymous sources familiar with the discussions, the potential takeover could mark a substantial shift in the industry landscape.
T-Mobile has announced an agreement to acquire the bulk of UScellular’s wireless assets, including its customer base, retail stores, and certain spectrum holdings. The total value of the transaction is $4.4 billion, consisting of cash and the assumption of $2 billion in debt.
Cellnex Telecom, a leading passive infrastructure specialist, has unveiled plans to bolster its operations by venturing into land acquisition. The move aims to secure the areas surrounding its mobile sites, providing greater stability in future costs.
Intelsat, a leading satellite connectivity firm, has joined forces with farming equipment manufacturer CNH to introduce connected tractors and other agricultural machinery to Brazil, enabling precision farming in remote regions. The initiative involves installing ruggedized multi-orbit satellite terminals on CNH farm equipment across Brazil. These terminals will leverage Intelsat’s global network to establish connectivity, facilitating the real-time streaming of data between farm equipment and cloud services.
A monumental step for Saudi Arabia’s Vision 2030 appears on the horizon as the Public Investment Fund and stc group plan to merge TAWAL and Golden Lattice Investment Company (GLIC). This partnership, expected to have a value of $5.85 billion and annual revenues near $1.3 billion, could be a game-changer in the telecommunications infrastructure domain.
Bridging the digital divide in vast and harsh terrains like the Scottish Highlands, VMO2 embarks on a novel approach, utilizing a constellation of Low Earth Orbit satellites from Starlink for critical backhaul services. Bypassing conventional, costly terrestrial infrastructure, VMO2’s tests have proven the potency of satellite technology in improving coverage across the UK.
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.
Nvidia is setting its sights on a more significant role within the mobile networking sphere, particularly in the emerging field of 6G technology. At its annual GTC AI event, the company unveiled its ambitious 6G Research Cloud Platform, positioning itself as a key player in the next evolution of mobile technology. This initiative is designed to leverage Nvidia’s expertise in chips and AI, demonstrating its capabilities beyond the realm of 5G.
China finished building the first launchpad at its Wenchang spaceport for the Long March 8 rocket. OmniOn Power’s Intelligent Distribution Bay addresses the growing challenges in the telecom and data center industry by providing real-time monitoring. Infobip launched AI Hub, an advanced upgrade integrating analytics, AI, and gen AI features to facilitate seamless end-to-end conversational experiences. CallTower joined the International Trade Council, reinforcing its dedication to excellence in Cloud Communications. The US government granted $50 million to Dish for the Open RAN Center for Integration & Deployment (ORCID), aimed at enhancing the global Open RAN ecosystem.
Discover how Telecommunications giant Altice, facing a whopping $60 billion debt, eyes its Portuguese operation Meo as a lifeline. Amid debt woes, other challenges surface, including a scandal involving co-founder Armando Pereira. International telecom players are also in motion, with the Saudi STC Group asserting its presence in Europe, and UAE-based e& planning to increase its stake in Vodafone.
