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An all-stock merger agreement between Dish Network and EchoStar has been unveiled, generating a stronger entity in network connectivity.
M&A

Dish and EchoStar Merger: Navigating Financial Stability and 6G Ambitions

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The intriguing merger between Dish Network and EchoStar creates a powerful entity in wireless connectivity, poised to lead in both terrestrial and non-terrestrial realms. Fusing Dish’s comprehensive services with EchoStar’s satellite solutions promises robust connectivity options, utilizing a vast array of technology and expertise. Yet, beyond the marriage of technology, the merger is primarily a tale of economic survival and growth. The incorporation of EchoStar’s financial stability into Dish’s uncertainty may just be the lifeline

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TDS, the parent company of UScellular, might be exploring different strategic directions for the mobile operator.
Telco Buzz

Navigating UScellular’s Strategic Directions and Potential Outcomes

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TDS, UScellular’s parent company, is reportedly reviewing strategic paths for the mobile operator, with market whispers around a possible sale or welcoming new investors, guided by Citi advisor. Currently the fifth-largest mobile service provider in the U.S., UScellular’s assets, including investment in 5G and numerous mobile towers, make it an attractive prospect for big-name telecoms like T-Mobile, Verizon, and AT&T. However, its segmented presence may pose challenges.

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In their respective half-year results, Three UK has reported a 4% increase in revenue, reaching £1.23bn courtesy of an enhanced customer base.
Telco Buzz

Unpacking Telecom Giants’ Half-Year Results: Revenue Growth and Challenges

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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.

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Deutsche Telekom and MIRA are immersing themselves in an intriguing project concerning the 'shuttle service of the future' in Bonn.
Telecom News

Exploring Teleoperation: A Novel Pathway to Driverless Future

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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.

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The UK government has unveiled a comprehensive plan to bolster the development of satellite communications across the nation.
Telecom News

UK’s CLEO Scheme: Bridging Digital Divide or Just Ambitious?

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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.

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In a strategic move to enhance cybersecurity, Japan's prominent technology players, have joined forces to initiate a groundbreaking endeavor.
Security

Tech Giants Collaborate to Bolster Cybersecurity via Software Bill of Materials

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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.

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Veon, the parent company of Kyivstar, is partnering with Rakuten Symphony for a comprehensive reconstruction of its Ukrainian infrastructure.
Infrastructure

Veon, Rakuten Symphony Forge Alliance for Ukraine Infrastructure

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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.

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The quarter 2 financial results of the US based telecom operator, T-Mobile paints quite a fruitful picture.
Telecom News

T-Mobile’s Record Q2: Good Growth amidst Revenue Dip

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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.

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