KKR’s recent acquisition of a segment of Singtel’s data centre business, marking a staggering valuation of Singtel’s Digital InfraCo at S$5.5 billion, signals enduring private equity interest in telecommunications, regardless of economic turbulence. The move intends to boost Singtel’s regional expansion, piggybacking on the booming data centre industry and skyrocketing enterprise spending on cloud infrastructure services. This symbiotic partnership, leveraging Singtel’s expertise and KKR’s track record, promises to advance InfraCo’s growth in markets like Indonesia, Malaysia, Thailand, and Singapore.
OneWeb’s constellation of low Earth orbit (LEO) satellites will enhance network coverage for Softbank, particularly in challenging regions. The move aligns with Softbank’s ‘Ubiquitous Network’ strategy, which unifies diverse non-terrestrial network (NTN) solutions to expand digital services. Besides its surprise partnership with SpaceX’s Starlink, Softbank continues to boost its stake in OneWeb, supporting its Japanese launch and integration into the Ubiquitous Network.
In a record-breaking flurry of innovation submissions, the Connected Britain Awards are turning the spotlight on frontrunners shaping the UK’s digital frontier. The anticipation builds as the official shortlist for 2023 announces contenders across 15 award categories.
NEC Corporation and Celonis SE have solidified their collaboration by entering into an expanded strategic partnership, marking NEC’s elevation to the highest echelon, the “Platinum Partner,” in Celonis’ certification program. Commencing their joint efforts in May 2022, NEC and Celonis initiated their association to gain operational insights and enhance business processes. The multinational IT and electronics giant, NEC, strategically established Centers of Excellence, achieving process optimization milestones in key domains like order-to-cash and procurement.
Broadvoice collaborates with tech advisory firm, Bridgepointe Technologies Inc., enabling the latter to offer Broadvoice’s cloud communication services to mid-market clients. OpenAI’s latest release, GPT-3.5 Turbo, can now be fine-tuned by businesses, customizing it for specific tasks. Verizon, Ericsson, and MediaTek’s successful data sessions on Verizon’s 5G network pave the way for cost-effective 5G devices. Versa Networks achieves top scores in Gartner’s SASE report, streamlining security and networking solutions.
Development Capital has announced a €6 million investment in Internet Protocol Telecom Limited (IP Telecom), a leading Irish provider of cloud-based voice over internet protocol (VoIP) and unified communications telephony services to SME & Enterprise customers in Ireland. The minority investment will be used to accelerate the company’s organic and acquisitive expansion plans in the business telephony sector, with intention to increase annual revenues from a forecast of €6m in 2023 to €11m in FY2024. The investment in IP Telecom brings Development Capital’s total investments in Irish SME’s to €100m since 2013.
8×8 boosts Microsoft Teams with native calling integration, Opera’s iOS app adds Aria AI chatbot for content generation, Rogers clinches top spot in umlaut’s Canadian carrier study, and IoT propels enterprise transformation with 5G and eSIM adoption, per Omdia survey.
As mobile operators grapple with record levels of international roaming traffic, they are faced with intricate wholesale roaming partnerships. Syniverse’s Senior Director, William Oliver, sheds light on intricacies surrounding such relations, mainly due to time-consuming discount calculations. Oliver proposes ‘multilateral netting’ as a solution to streamline cash flow and decrease workloads, taking into account not just roaming bills, but a variety of other payments.
AppDirect, a renowned B2B subscription commerce platform, has unveiled an expanded commercial collaboration with Vodafone Business, a prominent technology communications company focused on enhancing digital success and societal connectivity. This strategic alliance empowers AppDirect’s technology advisors to market Vodafone Business’ distinctive communication services within their network, opening doors to wider international markets for both entities.
Delving into satellite technology, Telefónica forms a strategic alliance with Starlink to enhance global connectivity, specifically targeting rural and hard-to-reach regions. With initial implementation in Mexico, this high-speed internet service is set to expand to five more markets, indicating a promising shift in accessible global digital inclusion. But is this the harbinger of a new connectivity era or just a companion to existing solutions?