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Billionaire Patrick Drahi is rumored to be contemplating the increase of his stake in BT, the leading telecoms operator in the UK.
Telecom News

Unraveling Drahi’s Potential Ownership Leap in BT Amid Altice Scandal

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The enigmatic billionaire Patrick Drahi is reportedly considering a bold move to hit an astounding 29.9% stake in UK’s telecom titan, BT, which naturally raises eyebrows and fuels speculation. Tracing Drahi’s relationship with BT, it started just last year with a humble 12.1% stake acquisition. Despite BT’s cautious response, Altice, Drahi’s representative, remained adamant about any takeover intentions. Today, a quarter of BT already belongs to Drahi, drawing closer government scrutiny under the freshly enacted National Security & Investment Act.

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The Q1 brought a 3.7% increase in service revenue for Vodafone, largely attributable to the enhanced outcomes in the UK, Italy, and Germany.
Telecom News

Vodafone’s Strategic Pivot: A Closer Look at Q1 Outcomes

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Vodafone’s first quarter saw a slightly stable 3.7% growth in service revenue, boosted by outcomes in the UK, Italy, and Germany, despite the pandemic-triggered disconnections. On the contrary, Germany experienced a 1.3% dip in service revenue, which however marks an improvement from the earlier quarter’s 2.8% decline, hinting at progress. The recovery was thanks to a strategic increase in broadband prices. In Italy, the revenue plunge decelerated from 2.7% in the fourth quarter to 1.6%, thanks to mobile prepaid base stabilization and noteworthy expansion in corporate fixed-line operations.

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Vonage has introduced the Vonage Protection Suite, a comprehensive lineup of counter-fraud products and solutions aimed at safeguarding against the ever-evolving threats of online fraud and cyberattacks.
Security

Vonage Unveils Protection Suite to Safeguard Businesses

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Vonage, a leading global provider of cloud communications solutions for businesses’ digital transformation, has introduced the Vonage Protection Suite, a comprehensive lineup of counter-fraud products and solutions aimed at safeguarding against the ever-evolving threats of online fraud and cyberattacks. The suite empowers developers and businesses to create robust counter-fraud measures, offering a unique level of customer control in managing communications.

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Telecom News | Week #29: Allot DNS Secure, Digital Locations, Veeam and Microsoft 365, Verizon new Internet solution, Bridewell's research.
News Roundup

A quick roundup of the news in Telecoms | Week #29

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Allot Ltd. is chosen by a major Asian telecom operator to provide Allot DNS Secure, offering cybersecurity threat protection and parental control features to over 50 million customers. Digital Locations unveils technology to connect smartphones worldwide to high-speed Internet from satellites, promising commercial success. Veeam integrates Veeam Backup for Microsoft 365 with Microsoft’s new 365 Backup. Verizon showcases a point-to-multipoint internet solution using mmWave spectrum, reducing costs and complexities. Bridewell’s research warns of environmental challenges amplifying cybersecurity risks for over 80% of U.S. critical infrastructure organizations.

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In a significant move to achieve full ownership of Belgium's Telenet, Liberty Global has increased its stake in the firm to 93.23%.
Telecom News

Liberty Global Ascends to 93.23% Stake in Telenet: Analyzing Implications

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Liberty Global has strategically increased its shareholding in Belgium’s Telenet to 93.23%, investing an estimated €763 million. This move intensifies Liberty Global’s pursuit of full ownership, enhancing their position in a dynamically changing communication market. They are now prepped to reopen the tender offer, inviting more shareholders to participate. This could result in Liberty Global’s complete acquisition of Telenet, provided some conditions are met, illuminating growth opportunities amidst increasing competition.

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Nokia recently revealed its Q2 financials, with sales coming in at flat €5.7 billion when compared to the previous year.
5G

Navigating Nokia’s Revenue Shift Amid 5G Rollouts and Capex Trends

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In a recently revealed Q2 report, Nokia showed flat sales at €5.7 billion year over year, suggesting reduced capital expenditure by operators. Interestingly, while a 5% sales growth in Nokia’s Mobile Networks unit occurred, a troubling 6% decline at the Network Infrastructure division offset this boost. With stark contrasts across regions, North American sales notably dropped by 42% as 5G deployments slowed, while energetic 5G deployments in India couldn’t adequately balance the losses. Mirroring these figures, Ericsson too reported a 9% year over year decrease in Q2 revenue. A gloomy yet realistic outlook from Nokia’s CEO Pekka Lundmark, coupled with analyst firm Dell’Oro’s forecast on the shrinking RAN predictions, suggests telecommunications could be in for a turbulent few years.

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Take a break, my friend, you absolutely deserve it after dealing with that cyber mayhem!
Telecom News

Alcatel-Lucent Enterprise Launches Rainbow™ Hub

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Leading communications and networking provider, Alcatel-Lucent Enterprise (ALE), has introduced Rainbow™ Hub in the UK, an innovative cloud-based Unified Communications as a Service (UCaaS) solution. This cutting-edge offering combines the power of Unified Communications (UC) and Private Branch Exchange (PBX) solutions into a single, fully cloud-based service. By embracing Rainbow Hub, businesses can say goodbye to the hassle of physical PBX systems, freeing up resources that can be directed towards critical operations and value-added initiatives.

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The experts at Vertiv have released updated guidance to tackle the rising threats associated with extreme heat in data centers.
Telecom News

Coping with Extreme Heat in Data Centers: Tips from Cooling Experts

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As the summer season begins in the northern hemisphere, severe heatwaves have already engulfed multiple regions worldwide, posing challenges to data center operators who grapple with internal heat generation. The experts at Vertiv, a global provider of critical digital infrastructure solutions, have released updated guidance to tackle the rising threats associated with extreme heat. Climate change, coupled with the El Niño weather pattern, has resulted in the past eight years becoming the hottest on record. This year, forecasts anticipate 2023 to witness record-

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With an expected rise of 4.3%, worldwide IT spending is projected to reach a staggering $4.7 trillion in 2023.
AI

Exploring IT Spending: The Unexpected Minimal Impact of AI

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Global IT spending is projected to reach an impressive $4.7 trillion by 2023, a significant portion of this being credited to the 14.5% increase in software spending. Interestingly, Gartner highlights that generative AI, despite its transformative potential, doesn’t significantly impact current IT spending. Embraced slowly via upgrades to existing systems, generative AI isn’t seen as a disruptive, but as an added benefit. Moreover, the rise in software expenditure aligns with organizations aiming for operational efficiency, often through resources like ERP and CRM applications.

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Samsung's Unpacked event next week is set to introduce two highly anticipated foldable phones, the Galaxy Z Fold 5 and Z Flip 5.
Telecom News

Samsung’s Upcoming Foldable Phones Offer Improved Design and Unparalleled Repair Service

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Samsung’s Unpacked event next week is set to introduce two highly anticipated foldable phones, the Galaxy Z Fold 5 and Z Flip 5. These devices are expected to offer exceptional entertainment experiences, innovative camera features, but also potentially hefty price tags and the persisting issue of fragility that has been a concern for foldable phones since their inception.

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