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Telecom News

SoftBank unit to invest in Line integration

By Aiste Kryzanovske March 2, 2021

The SoftBank Group’s subsidiary Z Holdings has announced that after completing a merger with the popular messaging app Line, it will invest $4.7 billion into the venture and hire 5,000 artificial intelligence engineers over the next five years. The merger of the two Japanese companies has been in the works since 2019, but was delayed by issues related to Covid-19. The main business areas of the company will be communication and social media, electronic and mobile commerce, along with online search and advertising. With the launch of their new services and collaborations with companies such as for online advertising, the joint establishment aims to generate $18.7 billion in revenue and $2 billion in operating profit in the fiscal year 2023. Softbank Corp. and Naver Corp., the South Korean IT giant and major shareholder of Line, will each contribute 50 percent of capital required for the new intermediate holding…

Telecom News

A quick roundup of the news in Telecoms | Week #8

By Aiste Kryzanovske February 26, 2021

Google and Intel team up on 5G and edge network solutions Google Cloud has announced that it is working with Intel to establish reference architectures and integrated solutions for communications providers to help them deploy 5G and edge network solutions. To achieve the cloud native 5G goals, the partnership encompasses a full suite of telecommunications, along with application providers, carriers and communications service providers, hardware vendors and global telecommunications networks, with the goal of the cost and time to market required by the telecommunications industry. Intel is already the most powerful participant in the data center hardware market, but is keen to repeat that success with edge infrastructure. Read more at: https://tinyurl.com/34fv5aps Deutsche Telekom tests solar panels to power mobile sites Deutsche Telekom (DT) has announced that in the second half of 2020, the company was testing the use of solar panels to power its mobile infrastructure. In a new…

Telecom News

A quick roundup of the news in Telecoms | Week #7

By Aiste Kryzanovske February 19, 2021

FCC establishes Emergency Broadband Benefit program The FCC has recently held an open meeting in order to discuss its next priorities. One of the most important matters discussed was the new Emergency Broadband Benefit program, which Congress has instructed the FCC to initiate. As part of the Consolidated Appropriations Act, Congress has allocated $3.2 billion for the program. Broadband providers participating in the program will be able to offer discounts of up to $50 per month for Internet services and up to $75 per month for those services on tribal lands. Currently, it is unclear how long these broadband benefits will last. Read more at: https://tinyurl.com/jj52hlfl Sinch acquires Inteliquent Sinch AB, a Sweden-based company primarily engaged in the provision of cloud computing services, has signed a final agreement to acquire Inteliquent, the largest independent voice communications provider in the US, for an all-cash offer of $1.140 billion. The deal expands…

Telecom News

SK Telecom to work on AI solution for video analysis

By Aiste Kryzanovske February 18, 2021

SK Telecom, the top mobile operator in South Korea, has teamed up with its security subsidiary ADT Caps Co. and local video management solutions company Innodep Inc. to develop an artificial intelligence (AI) solution to meet the growing demand for efficient and advanced video analysis services. Under the agreement, the trio will develop services to effectively manage video surveillance systems in the private and public sectors of the growing local market. The ultimate goal of the partnership is to create real-time security services for the public and industry, while addressing existing defects in the video analysis systems, such as false alarms. As the deployment of CCTV in the public and private sectors is expanding rather swiftly to enhance safety and security, SKT said the solution will increase cost-effectiveness and accuracy by optimizing its AI chip and algorithms. This solution will be linked to Innodep’s intelligent management platform and…

Telecom News

A quick roundup of the news in Telecoms | Week #3

By Aiste Kryzanovske January 22, 2021

Nokia and China Mobile trial 5G RAN AI Nokia and China Mobile have announced that they have successfully tested Nokia’s RAN Intelligent Controller (RIC) over China Mobile’s 5G network. As alluded to in the name of the Nokia product, the focus is less on RAN itself, but more on its automated control, thereby eliminating expensive human labor from the process. Pasi Toivanen, Head of Nokia’s Edge Cloud Platform, said: “We are excited to have worked with China Mobile on this project to advance RAN network intelligence.” Read more at: https://tinyurl.com/yxu3komy Deutsche Telecom’s Access 4.0 FTTH is live Deutsche Telekom has introduced its Access 4.0 platform to the market, with the first customer using the fiber-to-the-home (FTTH) line in Stuttgart, Germany. The transition to more cost-effective and flexible distributed networks has taken many years, but Deutsche Telekom’s deployment of Access 4.0 is proof that it is serious about implementing this…

Telecom News

Colt launches a cloud-based voice solution for Microsoft Teams

By Aiste Kryzanovske January 14, 2021

The international telecommunications company, Colt Technology Services Group, has announced that it is releasing its Cloud Session Border Controller (SBC) in partnership with AudioCodes. This cloud-based voice solution provides Direct Routing as a Service to quickly enable PSTN calls for Microsoft Teams. The Colt Cloud SBC provides an important step towards speeding up and simplifying the implementation of PSTN calling in Teams. With Direct Routing as-a-service, provided by the cloud-based voice solution, users do not require on-premises hardware or hardware in a data center. According to the company, the new service provided more efficiency for both large and small businesses, as onboarding was completed in less than a week. Developed in collaboration with AudioCodes, a leading provider of smart voice networks, this new offering is an extension of Colt’s Intelligent Communications offering that was launched in 2019. The power of Microsoft 365 and Teams, along with Colt’s voice and…

Telecom News

Verizon to meet its $10 billion cost cutting goal

By Aiste Kryzanovske January 7, 2021

The American telecommunications company Verizon, which offers wireless products and services, has announced that it will meet its $10 billion cost reduction target, which was first announced in 2017 by Lowell McAdam, the former CEO. Back in 2017, the company said it plans to introduce an aggressive cost-cutting technique called zero-based budgeting. The idea behind this strategy is that all business units should start each year with a clean sheet and justify the money they want to spend, in place of basing it on last year’s expenses. Since the announcement, Verizon has reduced its budget by a mixture of virtualization, early retirement offerings for its management team, and operational efficiencies through the One Fiber and Intelligent Edge Network initiatives. To achieve this goal, the company has been conserving billions of dollars annually in operational efficiency stemming from the foundation of their network to the efficient flow of…

Telecom News

Nokia to lead Europe’s 6G initiative

By Aiste Kryzanovske December 28, 2020

The European Commission (EC) has appointed Nokia, a Finnish international telecommunications, information technology and consumer electronics company, to supervise Hexa-X, a primary 6G research project aimed at boosting the continent’s progress in developing the technology. The two-and-a-half-year Hexa-X initiative was funded by Horizon 2020, the EU’s research, and innovation program, and will start on January 1, 2021. The project is aimed at connecting the physical, digital and human worlds, firmly embedded in future wireless technologies. The project is led by Nokia, which coordinates the efforts, with Ericsson being assigned as the technical manager. The partners in the consortium are from academia and industry, including service providers, network providers and European research institutes. The partners include Orange, TIM, Telefonica, Intel and Siemens. The Finnish service provider said in a statement that it expects 6G to become commercially operational by 2030, following a normal ten-year intergenerational cycle and taking…

Market Trends

Trends to shape the Telecom Industry in 2021

By Aiste Kryzanovske December 14, 2020

Telecommunications trends tend to change dramatically every year. No one could have foreseen where 2020 would take us: during this year there were more digital transformations than in the whole of the last decade, with these transformations being accelerated by the global pandemic. Given the modernization of technology and the current situation, customer demand for reliable services has grown significantly. This means major changes and even more challenges for the telecommunications industry. With 2021 being within arm’s reach, let us take a look at the future trends and forecasts for the telecommunications and VoIP industry. 5G will go mainstream, with 6G being planned 5G technology is one of the most discussed trends in the telecommunications market today. 5G is a revolutionary fifth-generation wireless networking technology that will radically change the Internet. Its main advantages are faster internet speeds and shorter response times, while eliminating packet loss and network congestion during…

Telecom News

Cisco to purchase IMImobile for $730 million

By Aiste Kryzanovske December 8, 2020

The American multinational technology conglomerate, Cisco, has announced its intention to acquire IMImobile, a provider of cloud communications software and services that manages business-critical interoperability on a large scale. The deal is valued at nearly $730 million, assuming full dilution of the shares, net of cash and debt. The acquisition will be Cisco’s largest in the UK in about three years. The company will pay IMImobile shareholders £5.95 per share and the acquisition of the software vendor is expected to be completed in the first quarter of 2021, following regulatory approval. The American company said the procurement will provide its consumers with an end-to-end customer interaction management solution and the ability to promote quicker and much improved communications and interactions through a selected customer channel. Cisco’s Webex Contact Center solution, along with IMImobile software and services, will offer a solution that leverages artificial intelligence throughout the customer’s…