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South Korean telecommunications giant SK Telecom has secured approval from the International Telecommunication Union’s Telecommunication Standardization Sector (ITU-T) for its proposal to standardize technology for AI data centers. This development marks a significant step forward in establishing international norms for AI-related technologies in data centers.

President Yoon Suk Yeol recently detailed South Korea’s aggressive moves to establish its supremacy in the global semiconductor sector, including a staggering $6.94 billion commitment to AI by 2027. Amid fierce competition, South Korea’s largest telecom firm, SK Telecom, is paralleling governmental efforts with its own investment in AI firms.

In a stark warning delivered at a regional investment banking conference in Tallinn, Estonia, Ericsson CEO Börje Ekholm highlighted Europe’s precarious position in the global telecom arena. Emphasizing the urgent need for regulatory reform and innovation prioritization, Ekholm cautioned that Europe’s telecom industry is trailing far behind its counterparts in the US, China, and India.

AST SpaceMobile secures a funding boost of $206.5 million from AT&T, Google, and Vodafone. Used smartphone market saw a robust 9.5% growth, while the new smartphone market faced a 3.2% decline. Nokia and Oppo have resolved their patent dispute with a multi-year cross-licensing agreement on 5G technology. ASC Americas partners with Wilmac Technologies to integrate ASC’s “Recording Insights” into Wilmac’s services. Mavenir has secured a contract to modernize messaging capabilities for Deutsche Telekom networks.

Recognizing the growing demand for mid-band spectrum, the International Telecom Union (ITU) appends new frequency bands for 5G usage. A significant addition was the 6GHZ spectrum, which is anticipated to facilitate the 5G evolution. Multiple global operators have conducted successful tests, making strides toward a seamless shift to 5G-Advanced. This advancement not only opens a myriad of industry opportunities but also promises an improved user experience potentially comparable to the fiber experience.

Investigating the annual telecom standings in the DACH region unveils significant enhancements. Deutsche Telekom leads in Germany, marked by its thirteenth victory in Mobile network systems, with an improvement in 15 points. Austria’s competition ended with Magenta taking the top spot, entering the global Top 5 Club. Swisscom claimed victory in Switzerland for the sixth time in a row.

In a strategic move to fortify the European Union’s standing in the global cloud computing sector, the European Commission has greenlit a substantial €1.2 billion state funding injection. The funding is earmarked for the Important Projects of Common European Interest (IPCEI) Next Generation Cloud Infrastructure and Services (IPCEI CIS), a collaborative initiative involving seven member countries: France, Germany, Hungary, Italy, the Netherlands, Poland, and Spain.