As Three UK reports a 4% revenue boost, courtesy of an expanded active customer base, its operations cost, inflated by 19%, outpaces earnings, hinting at potential sustainability issues. In a different landscape, Telecom Italia shows a 5.5% Q2 profit increase, largely on Brazil’s performance, though competitive pricing in Italy has forced a hefty debt, leading TIM to consider selling its landline grid. At the same time, BT Group sees an uptick in revenue by 4%, attributed to raised prices and improved customer satisfaction. Contrarily, US-based Qualcomm, hit by reduced consumer spending, anticipates a similar upcoming quarter, resulting in a sharp fall in share price. Meanwhile, Bharti Airtel highlights a 14.1% YoY revenue increase, fueled by its growing 4G and postpaid customer base.
Deutsche Telekom and MIRA dive into an ambitious project crafting the ‘shuttle service of the future’ in Bonn, using the premise of teleoperation or remote driving. Facilitated by speedy 5G data transmission, this experiment highlights the necessity of ‘network slicing’ and ‘quality on demand’ for autonomous vehicles. Yet, governmental restrictions on remote-controlled travel present a hurdle. Despite the challenges, both firms remain hopeful, envisioning a driver-free automobile future.
The UK government’s ambitious Connectivity in Low Earth Orbit (CLEO) initiative aims to propel satellite communications development, backed by a sum of £160 million. With a main focus on Low Earth Orbit (LEO) satellite constellations, this programme holds potential to bridge the digital divide and boost economical growth. This initiative, however, still awaits the green light through regular approval processes.
IBM’s TechXchange Conference offers immersive learning for IBM users. Lumen’s Internet-on-Demand redefines telecom. Salesforce trims Irish staff to enhance profitability. The cloud computing market is set to hit $1.4 trillion by 2027 with strong growth driven by IT investments and automation.
In a strategic move to enhance cybersecurity, Japan’s prominent technology players, including KDDI Corporation, KDDI Research, Inc., Fujitsu Limited, NEC Corporation, and Mitsubishi Research Institute, Inc. (MRI), have joined forces to initiate a groundbreaking endeavor. The project, set to commence on August 1, 2023, entails a series of trials investigating the integration of a Software Bill of Materials (SBOM) into the realm of communication, encompassing 5G and LTE network equipment.
Telephone company Veon has announced a significant infrastructure initiative with Rakuten Symphony, aimed at bolstering Ukraine’s telecommunications framework. This strategic move will involve an extensive roll-out of Open RAN enabled 5G networks, forming the backbone for new digital services. Veon’s $600 million commitment signals confidence in Open RAN’s transformative potential and Rakuten’s proven commercial implementation acumen.
T-Mobile’s fruitful Q2 performance exhibits impressive growth with an increase of 760,000 postpaid phone customers and 509,000 Fixed Wireless Access home Internet customers. On the financial front, a 2.8% YoY service revenue hike pushed their accounts to $15.7 billion, despite a minor 2.6% dip in overall revenue. The telecom giant further asserted its prowess with a record low postpaid churn of 0.77%, prompting an upward revision of its yearly customer addition expectations.
Verizon and YouTube team up to offer NFL Sunday Ticket, Cisco and Qwilt enhance content delivery in Italy, Verizon and AT&T notify customers of new fees, Google rolls out safety feature for detecting Bluetooth trackers on Android devices, and worldwide smartphone market sees a 10% decline in Q2 2023.
Dish Wireless, through its Boost Mobile branch, is courting Amazon Prime users with discounted SIM kits for its postpaid Infinite Unlimited plan. The flat rate monthly service promises unlimited connectivity, but with potential speed limits for heavy data users. However, the lack of compatible devices and reliance on AT&T and T-Mobile’s networks pose noteworthy challenges, dampen the impact of the partnership, and call into question its ability to significantly boost Dish’s customer base.
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.


