Vodafone Idea is initiating one of India’s largest follow-on public offerings, seeking to amass roughly $2.16 billion. Placing the firm under pressure is its struggle against a decreasing market share and encumbering debt, the result of fierce competition within India’s telecommunications industry. Despite currently being hindered by its financial situation to invest in network enhancements, expectations linger for the telecom’s debut of 5G services by year’s end.
In an evocative change for the telecom industry, French magnate Xavier Niel is looking to buy Datagroup-Volia, Ukraine’s top fixed telecom and pay TV provider. This big move, in the works through Niel’s NJJ company, comes complete with regulatory approval. The Ukrainian firm is a significant player, controlled primarily by a fund run by Horizon Capital.
In a strategic move to accelerate artificial intelligence (AI) adoption across its vast network, Orange has teamed up with Google Cloud to deploy AI solutions closer to its operations and customers. The collaboration, announced at Google’s Cloud Next ’24 event in Las Vegas, aims to leverage Google Distributed Cloud (GDC), a fully managed hardware and software solution.
Project Gigabit, an ambitious initiative from the UK government, is rapidly enhancing the nation’s digital connectivity across rural locales. Recent updates from this £5 billion venture depict encouraging progress, with a significant leap in gigabit broadband coverage from 6% in 2019 to 81%. The project aims to extend this coverage to virtually every UK premises by 2030.
DIDWW, a global telecoms provider specializing in top-quality VoIP communication and SIP trunking solutions for businesses and telecom carriers, has announced its participation in International Telecoms Week (ITW) 2024, the world’s largest wholesale telecommunications event.
Broadband aficionado, LilaConnect, gears up to provide a defining stride to residents and businesses in Leek and Stoke-on-Trent. It aims to elevate digital living by expanding its highly promising gigabit full-fibre network to over 6,900 properties in the course of 12 weeks. The impact is massive! Visible improvements include swift data transmission, a stable network, and low latency favouring seamless online activities.
The transformative growth of AI is undeniably impressive but raises several concerns. Despite their potential for innovation, GenAI advancements could blur the line between fact and fiction, adding to the challenge of distinguishing authentic information. NTT calls for flexible but robust regulations to manage potential threats to trust and democracy, citing the need for education, copyright updates, and content labelling.
Darryll Dewan, CEO of Total Site Solutions (TSS), unveils the dynamic landscape of data centers in 2024. TSS’s report highlights key trends: modular data centers’ rise, heightened security needs, sustainability emphasis, and the widening skills gap. Dewan emphasizes adaptability amid AI-driven shifts, underscoring the need for proactive planning and collaboration.
Axiata Group, a Malaysian telecommunications conglomerate, has announced the sale of its towers operations in Myanmar in a deal worth US$150 million with an undisclosed buyer. This decision reflects a growing trend among international telecom giants to exit Myanmar due to the country’s challenging economic and operational environment amidst ongoing civil conflict.
Several major technology companies have joined forces to establish The AI-Enabled ICT Workforce Consortium, aimed at enhancing skills and knowledge among tech professionals facing potential disruption from artificial intelligence (AI). Notable participants include Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP, supported by key industry and labor organizations.
