LiveOak Fiber, a regional broadband service provider, has secured USD 250 million in financing to expand its fiber network in underserved Southeast U.S. communities. Since June 2022, LiveOak has rapidly grown, investing over USD 200 million and deploying 1,000 miles of fiber. This funding will enhance connectivity and bridge the digital divide.
Actelis Networks, renowned for its cyber-hardened networking solutions for IoT, has announced a strategic partnership with Carahsoft Technology, a leading provider of IT solutions for government sectors. This collaboration will see Carahsoft distributing Actelis’ hybrid-fiber connectivity solutions to Federal, State, and Local agencies, as well as educational institutions in the U.S. and Canada through its reseller network and specific procurement contracts like NASA SEWP V and OMNIA Partners.
A new Japanese law aims to foster competition in the smartphone app market by allowing third-party app stores and billing providers to operate on Apple iOS and Google Android platforms. This legislation, known as the Act on Promotion of Competition for Specified Smartphone Software, was announced by Japan’s Fair Trade Commission (FTC).
South Korean telecommunications giant SK Telecom announced a $10 million investment in the U.S.-based generative AI search engine startup, Perplexity. The partnership aims to enhance Perplexity’s AI-powered search platform, positioning it as a potential competitor to Google in the search engine market.
T-Mobile has secured a significant $2.67 billion defense contract, positioning itself as the primary wireless solutions provider for the U.S. Navy over the next decade. This contract, known as Spiral 4, succeeds the earlier Spiral 3 agreement, which expired in May. The new arrangement allows all U.S. Department of Defense agencies to access T-Mobile’s wireless services and equipment until 2034.
Last month, AST SpaceMobile secured a partnership with Verizon to leverage its upcoming satellite network for comprehensive connectivity across the U.S. Since then, the company’s value has surged, with its share price climbing 70%, marking its highest level since November 2022.
GoTo’s new AI-powered scam detection feature aims to protect users from rising remote support scams. Freedom Fibre secures funding for rural fibre rollout, Openreach extends network, but low uptake rates pose challenges.
Anritsu’s MasterClaw Service Assurance is now validated on Red Hat OpenShift, enhancing its cloud-native benefits. Aryaka expands its network with a new PoP in Madrid. DRFortress and Megaport have partnered to launch a new public cloud on-ramp solution.
AT&T has finalized the sale of its cybersecurity division, marking a pivotal moment in the company’s strategic realignment. The division has been transitioned into a new independent entity known as LevelBlue, backed by majority owner WillJam Ventures. This move sees LevelBlue emerge as a standalone managed cybersecurity services business with a global presence spanning 10 countries and boasting a workforce exceeding 1000 employees.
Cummins Inc, a global leader in manufacturing heavy-duty truck engines, has sealed a groundbreaking deal with Verizon Business to introduce cutting-edge wireless networks at its Jamestown Engine Plant (JEP) in Lakewood, NY. The collaboration entails the deployment of Verizon’s innovative Neutral Host Network alongside a Private 5G Network within the premises of JEP, aiming to cater to both public and private connectivity needs.
Ooma, Inc., a leading communications platform, has introduced its AirDial® service in Canada, providing a crucial solution for businesses affected by the phase-out of Plain Old Telephone Service (POTS) across the country. The move comes as major Canadian providers like Bell Canada and TELUS are set to decommission their copper networks, marking the rapid decline of POTS nationwide. This “copper sunset” poses challenges for businesses reliant on POTS for critical equipment such as fire alarms, elevators, and building entry systems.