Point Topic’s recent analysis reveals that global fixed broadband connections will rise to 1.39 billion by the end of this decade. While some regions will reach near-saturation, others will see significant growth opportunities.
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.
In a strategic move aimed at enhancing network capabilities, Telstra, the Australian telecom giant, has inked a Memorandum of Understanding (MoU) with Vonage, a unit of Ericsson. This partnership signifies Telstra’s intent to integrate its network APIs into Vonage’s platform, offering enterprises and developers access to advanced network features.
T-Mobile US has launched a new backup fixed-wireless access (FWA) service called Home Internet Backup in response to frequent network outages and an anticipated severe hurricane season. This new service is an entry-level FWA subscription priced at $30 per month, which includes a bundled home gateway. It is designed to be a cost-effective alternative to T-Mobile’s existing Home Internet package, offering a $20 discount.
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.
Google Fiber (GFiber) is expanding its Nevada network to include the City of Las Vegas, following its initial foray into the state earlier this year. In February, Clark County approved a franchise agreement, facilitating GFiber’s network deployment in the region.
Verizon launches AI-driven apps to improve customer service by streamlining interactions. The European Commission designates Booking.com as a ‘gatekeeper’ and plans antitrust charges against Microsoft for bundling Teams with Office. Telstra establishes a regional network hub in Guam at GNC iX data center. GlobalData underscores US telcos’ struggle to stand out in the B2B channel.
A recent report from Verizon Business has highlighted a significant surge in cyberattacks driven by the exploitation of vulnerabilities, accounting for 14% of all breaches in 2023. The report, titled the Data Breach Investigations Report (DBIR), analyzed a record-high 30,458 security incidents and 10,626 confirmed breaches last year, marking a two-fold increase compared to 2022.
The Federal Communications Commission (FCC) has issued fines totaling $196 million to major US telecommunications operators for unlawfully sharing customers’ location data. This action comes more than five years after the violation was initially exposed.
AT&T showcased robust performance in its first-quarter financial report, buoyed by significant mobile customer additions and positive metrics in earnings, cash flow, and spending. Despite a slight decline in headline figures, the telecommunications giant demonstrated resilience amid challenging market conditions.
