Amid declining telco capital expenditures impacting vendor profits, private cellular networking shines as a beacon of hope. Recent research reveals a significant 60% YoY increase in Q2 revenues for private cellular networking equipment, offering new revenue streams for industry giants like Ericsson and Nokia. However, with greater benefits come complex challenges that, if overcome, could potentially catapult the market worth to a substantial $7.7 billion by 2027.
The intriguing merger between Dish Network and EchoStar creates a powerful entity in wireless connectivity, poised to lead in both terrestrial and non-terrestrial realms. Fusing Dish’s comprehensive services with EchoStar’s satellite solutions promises robust connectivity options, utilizing a vast array of technology and expertise. Yet, beyond the marriage of technology, the merger is primarily a tale of economic survival and growth. The incorporation of EchoStar’s financial stability into Dish’s uncertainty may just be the lifeline
TDS, UScellular’s parent company, is reportedly reviewing strategic paths for the mobile operator, with market whispers around a possible sale or welcoming new investors, guided by Citi advisor. Currently the fifth-largest mobile service provider in the U.S., UScellular’s assets, including investment in 5G and numerous mobile towers, make it an attractive prospect for big-name telecoms like T-Mobile, Verizon, and AT&T. However, its segmented presence may pose challenges.
As Rakuten Symphony’s CEO, Tareq Amin, unexpectedly departs, it heightens the mystery around the company’s subdued performance this year. Despite a promising start and securing a deal with Germany’s greenfield mobile operator 1&1, Symphony’s momentum appears to have plateaued. Yet a recent MoU with Veon to explore Open RAN solutions offers a beacon of hope. Amidst tricky market conditions and scarce major RAN deals, all eyes are now on acting president Sharad Sriwastawa to breathe new life into Symphony.
Delving into the biases within artificial intelligence (AI), a recent study highlights how large language models (LLMs) inherently reflect limited perspectives. This becomes particularly intriguing when considering the varying ethics exhibited by AI systems from OpenAI and Meta.
Avaya, a global leader in customer experience solutions, announced today that it has been awarded a cooperative purchasing contract in the Unified Communications and Contact Centre categories at Sourcewell ─ the leading Government Cooperative Purchasing Organisation in North America with more than 500 competitively solicited contracts to government, education, and nonprofit entities
Communication is essential for any business, whether it is to connect with customers, partners, suppliers, or employees. One of the leading providers of cloud-based communication solutions is Voicenter, an innovative international tech-telephony company that develops a wide variety of communication platforms based on secure cloud technologies.
As Three UK reports a 4% revenue boost, courtesy of an expanded active customer base, its operations cost, inflated by 19%, outpaces earnings, hinting at potential sustainability issues. In a different landscape, Telecom Italia shows a 5.5% Q2 profit increase, largely on Brazil’s performance, though competitive pricing in Italy has forced a hefty debt, leading TIM to consider selling its landline grid. At the same time, BT Group sees an uptick in revenue by 4%, attributed to raised prices and improved customer satisfaction. Contrarily, US-based Qualcomm, hit by reduced consumer spending, anticipates a similar upcoming quarter, resulting in a sharp fall in share price. Meanwhile, Bharti Airtel highlights a 14.1% YoY revenue increase, fueled by its growing 4G and postpaid customer base.
IBM’s TechXchange Conference offers immersive learning for IBM users. Lumen’s Internet-on-Demand redefines telecom. Salesforce trims Irish staff to enhance profitability. The cloud computing market is set to hit $1.4 trillion by 2027 with strong growth driven by IT investments and automation.
Rakuten’s new alliance with OpenAI aims to dissect opportunities in generative AI to enhance various business sectors they serve globally. This partnership promises to expand existing AI experiences in ChatGPT products and foster premium AI conversational possibilities. Yet, some recent whispers suggest a performance drop in GPT-3.5, leading to theories about its overall commercial intent. Will generative AI become a privilege of the financially potent? This question merits careful consideration.
