Crown Castle, focusing on a restructuring plan, intends to trim its workforce by 15% in response to telecom firms reducing investment. Alongside staff reduction, it will cease tower installation services while continuing to offer site development. Despite lowered earnings predictions, the second quarter of 2021 showed strong revenue growth, highlighting the company’s resilience in a challenging market.
Vodafone UK embarks on a significant transformation, merging its diverse networks into a single, highly efficient structure – the SDN-enabled Redstream Evolution network. This remodeling promises enhanced customer experience, substantial savings, and serves as a response to the ever-growing demand for data nationwide. The question remains, will this innovative network design herald the new era of telecoms integration?
As telecom giants Ooredoo, Zain and infrastructure expert TASC Towers embark on exclusive negotiations to form a massive mobile towers firm, the telecommunications landscape beckons a potential shift. Combining assets from Qatar, Kuwait, Algeria, Tunisia, Iraq, and Jordan, they plan on creating an autonomous company with a whopping portfolio of approximately 30,000 towers, directly rivaling industry leaders. Their strategic vision embraces a dual approach: stimulate shareholder value and reduce the MENA region’s carbon footprint.
Unveiling the turbulence in UK’s telecommunications landscape, Virgin Media O2 (VMO2) unfolds its significant workforce reduction strategy. This controversial move, intertwined with dwindling customer base and towering debts, sets a profound impact on the telecom titan’s ascension in the telecom market. Yet, amidst customer attrition, VMO2’s sturdy quarter reports defied setbacks leveraging raised prices, raising critical discussions within the industry.
Samsung is set to make waves in the tech world once again as it gears up for its second Unpacked event of the year. The event, scheduled for Wednesday, July 26, at 7 AM ET, will be held in Seoul, Korea, in a notable departure from its usual venues in San Francisco and New York where Unpacked has taken place in the past.
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.
To shed light on the recent changes in the A2P messaging industry, we sat down with Aaron Alter, the CEO and Co-Founder of Telgorithm, a leading cloud communications enablement API platform. Telgorithm delivers automated and reliable A2P text messaging API solutions, assisting businesses in navigating the complexities of the ever-changing A2P messaging market while scaling their operations seamlessly.
Five9, Inc., a provider of the Intelligent CX platform and listed on NASDAQ as FIVN, announced today that Frost & Sullivan has recognized it as a Growth and Innovation leader in the Frost Radar™: European Cloud Contact Center Market, 2023. The Frost Radar™ report highlights key criteria, including the company’s long-standing presence in Europe, consistent growth, effective go-to-market strategies, robust customer support, commitment to local markets, and investments in transformative technologies such as AI integration.
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.
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.
