The Italian telecoms operator TIM is evaluating the US investment group’s KKR expression of interest in acquiring the full capital stake of the company, a potential 11 billion euro transaction. The proposal was lodged by the US investment fund at a price of €0.505 per share, a 45.7 percent premium over the share’s closing price on Friday. TIM described KKR’s expression of interest as “friendly,” with the goal of securing approval from TIM’s board and management. Telecom Italia said its board of directors met and addressed the fund’s interest in initiating a prospective public tender, which is subject to a four-week period of due diligence and clearance from the Italian government, that has veto power over the group’s purchase. Although TIM is a private corporation, because it is considered a strategic asset for Italy, the Italian government has the right to decline any purchase that it believes would…
There has recently been a significant surge in Distributed Denial-of-Service (DDoS) assaults all around the world. A DDoS attack is a malicious attempt to interrupt regular traffic to a targeted server, service, or network by flooding the target or its surrounding infrastructure with excessive Internet traffic. Cloudflare has reported that it has neutralized a Distributed Denial-of-Service attack that leveraged about 15,000 compromised devices and topped at just under 2 Tbps of bandwidth. The assault was believed to have employed a combination of Mirai-infected Internet of Things devices, which are frequently used to conduct enormous DDoS attacks, and unpatched versions of the GitLab developer tool. The DDoS assault comes only a few weeks after Rapid7 announced a GitLab vulnerability on November 1, 2021, rated a full 10.0 on the CVSS severity scale, that could be leveraged to enable an attacker to remotely run code, and warned that exploitation would…
BT is opening a robotics research facility BT Labs in Suffolk, England, will open a 5,000-square-foot robotics research laboratory to create robotic solutions for telecom and civil engineering. The lab is the first of its kind in the United Kingdom. BT anticipates that academics at the new facility will collaborate with colleges and utilities to create and test technologies that will advance the pace of BT’s fiber rollout as well as the upgrading of the power and water providers’ subterranean and overhead networks. The researchers will concentrate on issues such as installing new fiber infrastructure without digging up roadways and sidewalks, providing trenchless infrastructure utilizing robotic locomotion and excavation techniques, and more. Read more at: https://tinyurl.com/dm6ujvnz Cisco powers AT&T managed SASE offering AT&T is adding a new product to its worldwide, managed Secure Access Service Edge (SASE) portfolio. AT&T SASE with Cisco is an unified network and security management solution…
Alcatel-Lucent Enterprise, a supplier of communications, cloud and networking solutions, has released Alcatel-Lucent OmniPCX® Enterprise Purple, a digital-age communications platform. This solution provides a new communications experience for businesses of all sizes, allowing them to design the future of work and the digital workplace to suit the desires of their workers and customers . OmniPCX Enterprise Purple is built on SIP and offers a wide range of enterprise collaboration features while preserving the maximum security. This platform enables the incorporation of real-time communications into corporate processes and applications, decreases latency with intelligent objects, boosts company productivity, and promotes an excellent customer experience. The solution is built to connect to the cloud, allowing businesses to adopt new strategies such as hybrid cloud while preserving their infrastructure. OmniPCX Enterprise Purple allows a modern omnichannel experience for customer service and contact center teams, based on the future hybrid cloud CCaaS service…
Over the past decade, there have been so many advancements that it is difficult to keep up with all the technological breakthroughs. This journey has been thrilling and every invention delivers new technology at a rapid pace. It is critical to look to the future for clues as to where technology will take the society next. And this decade is shaping up to be one of significant technological leaps, as businesses prepare for the large-scale integration of advanced technologies. Here are the top technological trends that are taking the world by storm. Blockchain A blockchain, in its most basic form, is a shared, digital record that cannot be changed once a transaction has been recorded and confirmed. In other words, blockchain technology makes it nearly impossible to falsify a transaction. When you hear the term blockchain, the first thing that usually springs to mind is cryptocurrency; however, there is more…
VMware announces RAN intelligent controller This week, VMware released several of their initiatives aimed at bolstering and solidifying the company’s telco cloud plans. The debut of the RAN intelligent controller is one of the recent announcements (RIC). The VMware RIC will be accessible in two deployment models: centralized and distributed, and will be capable of abstracting the underlying RAN architecture and providing RAN programmability via xApps and rApps. Wireless operators, according to VMware, are ready to transition from relatively inflexible conventional RAN infrastructures to more heterogeneous, multi-vendor virtualized RANs. Read more at: https://tinyurl.com/2nxkde8x Verizon teams up with Project Kuiper Verizon and Amazon’s Project Kuiper, a low Earth orbit (LEO) satellite network, have established a collaborative partnership to provide broadband solutions for unserved and underserved populations. Project Kuiper and Verizon have begun to establish technical specifications and define early business strategies for a variety of connection offerings for US consumers and…
Digicel Group Holdings Limited has announced the sale of Digicel Pacific Limited (DPL) to a subsidiary of the Australian telecommunications firm Telstra Corporation Limited. Digicel Pacific is valued at up to $ 1.85 billion, subject to usual post-closing adjustments and a three-year, $250 million earn-out. Digicel Pacific has operations in six South Pacific countries: Papua New Guinea, Fiji, Samoa, Vanuatu, Tonga and Nauru. The Digicel brand will remain unchanged in these six markets, and the current Digicel Pacific management team will remain with the company and continue to lead it in providing superior telecommunications services to Digicel Pacific’s loyal clients across the South Pacific. For the past 15 years, Digicel Pacific has been a strong and expanding telecommunications company in the Pacific. Telstra’s takeover communicates a significant message about the company’s prospects as well as the larger commercial confidence in the Pacific region’s growth. Denis O’Brien, Digicel…
RETN, an independent Eurasian supplier of IP transit and corporate communications services, has expanded its network and footprint in the Nordic and Baltic countries. The company offers communication services over its Eurasian network with short lead times, excellent uptimes and numerous levels of redundancy. RETN continues to expand throughout Europe and Asia and aims to provide the finest customer service and the highest SLA for fast, secure and reliable connectivity. RETN has now established a new office in Finland, demonstrating the company’s long-term network presence and dedication to the area. Finland’s RETN backbone network presently combines six international DWDM lines and serves as a network transport center, linking the Baltic and Nordic areas to Russia and Asia. The RETN Group already has branches in Latvia, Estonia and Sweden. RETN is also expanding its network by launching the Rezekne – Daugavpils – Vilnius DWDM line, which is one of…
Google introduces Distributed Cloud In order to address the needs of its enterprise customers, Google has announced their Distributed Cloud, which will allow users to balance their workload on the public cloud and private infrastructure. It is “a portfolio of solutions consisting of hardware and software that extend our infrastructure to the edge and into your data centers,” commented Sachin Gupta the GM and VP of Product for IaaS at Google. Built on Anthos, the Google Distributed Cloud is the perfect platform for local data processing, edge computing and on-premises modernization. Read more at: https://tinyurl.com/mc2ye95c Facebook rolls out Live Audio Rooms for creators worldwide Live Audio Rooms, Facebook’s new feature designed to help public figures and groups to connect with their communities, has been released to a global audience. First launched only in the US back in June and limited to only iOS users, the solution…
VMware unveils innovations at VMworld 2021 At its annual VMworld conference, VMware announced its latest advancements which focus on features that simplify multi-cloud installations and improve security. VMware has disclosed new enhancements to VMware Cloud, the industry’s first and only multi-cloud computing architecture that allows clients to migrate their corporate apps to the cloud in almost half the time and for a fraction of the cost. A new VMware Edge product line was also announced, which comprises an Edge stack, secure access service edge (SASE) features and a Telco Cloud Platform. Read more at: https://tinyurl.com/2evz4fsd NTT to reduce its greenhouse gas emissions NTT, a Japanese telecommunications company, has announced that it will issue $2.7 billion in “green bonds,” with the proceeds going towards reducing greenhouse gas emissions and increasing their investment in renewable energy. These green bonds will be divided into three tranches, each with a three-, five-, and ten-year…