Telefónica’s €550M sale of its Peruvian fiber network to KKR and Entel has stalled, thwarting plans to reduce its €26B debt. Despite regulatory approval, unmet conditions derailed the deal.
Compax Software Development, in collaboration with AGTR Group, has launched MVNO.SERVICES in Thailand. This platform empowers businesses to become MVNOs, streamlining the process with cutting-edge technology.
Aramco Digital is eyeing a $1 billion minority stake in Mavenir, potentially valuing the telecom tech firm at $3 billion. Struggling with debt, Mavenir seeks urgent funding amid slow Open RAN adoption.
Hong Kong’s recent 5G spectrum auction achieved a massive HKD2.24 billion, spotlighting the government’s focus on telecommunications advancements. Key players like China Mobile Hong Kong and Hutchison Telecom secured vital frequencies.
Harmony Networks has acquired Spring Fibre for £1.5 million. While Spring Fibre aimed for expansive growth, it faltered under financial strain, only connecting 12,000 premises out of a million.
EE has improved VoIP and emergency communication on Ben Nevis by collaborating with the Lochaber Mountain Rescue Team. Utilizing a 35-meter tower in Glen Nevis, this initiative supports the UK Home Office’s Emergency Services Network.
Siemens’ new Industrial Copilot, a generative AI tool for automation engineers, enhances productivity and addresses labor shortages with on-premises deployment for added security. Adopted by ThyssenKrupp, it aids in code generation, error resolution, and multimodal data analysis.
Nokia’s acquisition of Rapid’s assets marks a strategic enhancement of its network API portfolio, crucial for advancing Nokia’s position in the 5G landscape. This move accelerates software development and boosts interoperability, enabling telecom companies to maximize returns.
Bell Canada Enterprises expands into the US market with a strategic CAD 7 billion acquisition of Ziply Fiber, marking its first venture into the US fibre space. This move enhances Bell’s reach, offering VoIP and fibre connectivity to millions, advancing its status among top fibre internet providers across North America.
Nokia collaborates with Hrvatski Telekom to enhance 5G capabilities and empower app developers through advanced APIs. By leveraging Nokia’s Network as Code platform, developers can monetize 5G technology, driving innovation in consumer, enterprise, and industrial applications.
