Verizon has introduced a new prototype, the “network in a box” (NIB), aiming to bridge the gap between public and private network deployments. This innovative solution targets customers who desire the advantages of a private mobile network—such as enhanced performance, reliability, privacy, and security—without the need for a permanent setup due to financial or practical constraints.
TIM, Italy’s primary telecommunications provider, has confirmed the completion date for the sale of its networks business. In a recent stock market filing, TIM announced that the deal with private equity firm KKR will close on July 1, as planned.
The anticipated turnaround in the augmented and virtual reality (AR/VR) market remains elusive, as first-quarter shipments have once again plummeted. According to recent data from IDC, the volume of AR/VR shipments dropped by a staggering 67.4% compared to the same period last year. This decline follows a 54.4% drop in the first quarter of 2023 from the previous year.
Cloud networking specialist Mavenir, in collaboration with Nvidia and Amazon Web Services (AWS), has unveiled a pioneering suite of generative AI (GenAI) solutions aimed at enhancing intelligent Radio Access Network (RAN) operations. Dubbed Operations Co-Pilot for RAN Service Assurance, this innovative platform promises to revolutionize network troubleshooting by automating fault prediction and root cause analysis.
In a strategic move aimed at enhancing network capabilities, Telstra, the Australian telecom giant, has inked a Memorandum of Understanding (MoU) with Vonage, a unit of Ericsson. This partnership signifies Telstra’s intent to integrate its network APIs into Vonage’s platform, offering enterprises and developers access to advanced network features.
Swisscom has revealed that its Italian subsidiary, FastWeb, has sold its 4.5% stake in FiberCop to Optics BidCo, a subsidiary of KKR, for €439 million. FiberCop, formed in 2021 by Telecom Italia (TIM), KKR, and FastWeb, manages the ‘last mile’ fibre network, connecting homes to street cabinets.
The demand for data centers is soaring due to edge services and generative AI. Nokia’s first-quarter results showed a 19% drop in sales but a notable 52% profit increase. Telesystem has launched new cybersecurity bundles featuring updated Employee Security Awareness Training. Utility companies are using GIS technology to address infrastructure, workforce, and demand challenges.
Global smartphone shipments saw a notable 7.8% year-over-year increase in the first quarter of 2024, according to data from IDC’s Worldwide Quarterly Mobile Phone Tracker. The total shipments for the quarter reached 89.4 million units, marking the third consecutive quarter of growth and indicating a solid recovery in the smartphone market.
Nokia and Vodafone have recently achieved a significant milestone in internet technology, claiming to have conducted the world’s first trial of L4S technology over an end-to-end PON (Passive Optical Network). This breakthrough, they assert, holds the potential to eradicate lag during activities such as gaming and video calls.
Cisco, the multinational technology conglomerate, has successfully finalized its purchase of Splunk, marking a significant stride towards offering unmatched visibility and insights across comprehensive digital landscapes. This acquisition is poised to redefine how organizations connect and safeguard their operations in an increasingly digital world.
