Stage X, poised to become South Korea’s fourth mobile network operator, is now facing the revocation of its license due to financial discrepancies. The government is reportedly on the verge of pulling the plug on the firm’s spectrum rights, according to Yonhap news agency, which cited a statement from the Ministry of Science and ICT (MSIT).
Last month, AST SpaceMobile secured a partnership with Verizon to leverage its upcoming satellite network for comprehensive connectivity across the U.S. Since then, the company’s value has surged, with its share price climbing 70%, marking its highest level since November 2022.
Verizon has entered into a $100 million agreement with AST SpaceMobile to extend satellite coverage across the United States. This partnership aims to achieve 100% geographical coverage by utilizing the 850 MHz spectrum, particularly in areas lacking traditional terrestrial service.
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.
Netcracker Technology has announced the extension of its long-term collaboration with Ooredoo Qatar. This partnership will see Netcracker continue to provide Managed Services for Ooredoo’s Revenue Management and CRM solutions, supporting both B2C and B2B customers. The enhanced services will cover a broad spectrum of telecom and other sectors, including ICT, IoT, and Cloud, with plans to extend into Fintech and Entertainment.
The UK’s telecommunications regulator, Ofcom, is advancing plans to facilitate shared access to the highly sought-after upper 6 GHz band, proposing two primary frameworks to balance the needs of both mobile and Wi-Fi providers. The first proposed approach, known as variable spectrum split, would allow both mobile and Wi-Fi services to use portions of the spectrum not occupied by the other.
Spain’s top three mobile operators have struck a deal to share spectrum in the 700 MHz band, aiming to improve rural coverage and secure government funding. This agreement involves Telefonica’s Movistar, the newly formed MasOrange, and Vodafone’s Spanish division.
On May 15, the US House of Representatives voted overwhelmingly to reauthorize the National Telecommunications and Information Administration (NTIA) for the first time since 1992. The legislation, passed with a vote of 374-36, aims to update the mission and functions of the NTIA in response to significant changes in the telecommunications landscape.
AT&T takes a significant leap forward in its plans to offer satellite direct-to-phone services following the finalization of commercial terms with low Earth orbit (LEO) operator AST SpaceMobile. The agreement sets the stage for AT&T to provide non-terrestrial network (NTN) coverage through SpaceMobile’s constellation until 2030. Although a firm launch date for SpaceMobile’s network is yet to be confirmed, AT&T anticipates the delivery of the first commercial satellites to Cape Canaveral this summer.
At Avaya Engage, its premier customer experience event, Avaya, a global leader in Customer Experience solutions, unveiled a series of important enhancements to the Avaya Experience Platform™ (AXP),that further Avaya’s leadership in Enterprise CX as well as its commitment to delivering Innovation without Disruption. Avaya’s robust and comprehensive CX platform, trusted by large Enterprises globally, empowers customers to maintain their core capabilities while evolving through flexible innovation paths, including on-premises, private cloud, public cloud, or hybrid deployment models.
