ZTE Corporation, a key player in the technology sector, reported remarkable financial performance for 2024, achieving CNY 121.30 billion in annual revenue. Despite a challenging global landscape, innovations in 5G-Advanced, AI, and all-optical networks propelled their success.
Japan’s SoftBank and OpenAI are negotiating a major deal that could position SoftBank as the largest shareholder of the ChatGPT creator, surpassing Microsoft’s current stake. With a potential $15-25 billion investment, SoftBank aims to strengthen its foothold in the AI market.
China-based Sequans Communications recently expanded by acquiring Swiss company ACP, strengthening its ambitions in the rapidly growing 5G RedCap sector. This strategic acquisition enhances Sequans’ capabilities to capture the expanding eRedCap market.
Swiss IoT module maker u-blox’s exit from the cellular IoT sector marks a strategic pivot to focus on profitable areas like GNSS satellite positioning. Persistent losses in the cellular division, driven by intense pricing competition and extended 5G IoT development timelines, influenced this decision amidst broader market challenges.
Microsoft’s bold $80 billion investment in AI-enabled data centers cements its role in the AI revolution. By 2025, this move aims to propel AI model training and cloud-based applications globally.
Open RAN technology struggled in 2024, with a revenue decline of nearly half a billion dollars. Despite this setback, there is optimistic potential for Open RAN’s long-term growth, especially with increased 5G activity.
Open Gateway, initiated by GSMA, is set to redefine mobile networks with standardized telecom APIs, underpinning 5G’s potential. With coverage from 67 global operators, it aims to streamline developer interaction and offers vast opportunities for API-driven fraud prevention, edge computing, and digital transformation.
Congress is tackling the challenge of replacing Chinese telecommunications equipment in U.S. networks by funding the “rip and replace” initiative. This boosts efforts to remove potential threats and secure rural telecommunications connections.
In an unprecedented move, the US FCC seeks to enhance cybersecurity for telecom operators, addressing vulnerabilities exposed by a severe hack. With a focus on advanced cyber defenses, the FCC proposes stringent rules compelling carriers to fortify their networks against sophisticated threats.
Equinix boosts its renewable energy portfolio with a new power purchase agreement (PPA) with Sembcorp Power. This strategic move secures 58.5 MWp of solar energy in Singapore, advancing the commitment to sustainability.
