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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

A quick roundup of the news in Telecoms | Week #51

By Vilija Simkiene December 18, 2020

TIM, Telefonica and Claro take over Brazil’s Oi mobile assets in $3.2 billion bid On Monday, TIM Participacoes, Telefonica Brasil SA and America Movil SAB de CV’s Claro won an auction to acquire the mobile operations of Brazil’s Oi SA with a joint bid of $3.23 billion. According to the announcement, TIM will be taking over 40% of Oi’s customers (around 14.5 million people), more than half of the company’s spectrum allocation (49 MHz), and 49% of its mobile sites (around 7,200 locations). As a result, it paid the largest portion of the bid, around $1.44 billion. For $1.08 billion, Telefonica is gaining 10.5 million customers, 43 MHz of spectrum, and 2,700 mobile sites. Claro’s $710 million gained the company around 11.6 million customers and 4,700 mobile sites, but no spectrum. TIM, Telefonica and Claro have also offered Oi a long-term contract to rent its telecom infrastructure. Read more at…

Telecom News

A quick roundup of the news in Telecoms | Week #50

By Aiste Kryzanovske December 11, 2020

O2 UK to use OpenRAN to improve indoor connectivity O2 has tested Vilicom’s OpenRAN technology to make it cheaper for businesses to get 4G and 5G indoor coverage. Vilicom, together with cloud network provider Mavenir, offers the virtualized OpenRAN-based connectivity-as-a-Service (CaaS) platform. O2 said it was the first operator to test the platform and said it was doing so well, that they will connect the trial version to their live network next year. O2 is of the opinion that the virtualized platform would lower indoor cellular network costs and space needs, which it said would become very important to UK PLC after the coronavirus. Read more at: https://tinyurl.com/y4aepnko A peek into Microsoft’s edge compute ambitions Judson Althoff, Microsoft’s EVP of Worldwide Commercial Business, unveiled some of the company’s ambitions at a UBS Global TMT virtual conference. According to Althoff, Microsoft is increasingly introducing edge computing capabilities. Some of the uses…

Telecom News

A quick roundup of the news in Telecoms | Week #46

By Aiste Kryzanovske November 13, 2020

Amdocs enters an agreement with Amazon Web Services Amdocs has announced a multi-year agreement with Amazon Web Services (AWS) to offer integrated cloud-based business support systems (BSS) to communications service providers. Under the terms of the deal, AWS is now an Amdocs cloud provider for Amdocs’ internal IT transformation. Working together, Amdocs and AWS will offer telecom providers access to a portfolio of digital services that shortens the time it takes for service providers to enter the market and gives them more flexibility to meet the needs of their end customers. The companies are also collaborating to develop and promote a variety of services that will help Amdocs customers migrate and upgrade their systems using a range of cloud solutions. Read more at: https://tinyurl.com/y5q64mbe Apple’s new Macs powered by iPhone chips Apple is introducing new Macs that use the same type of chips that run iPhones and iPads. This step…

Telecom News

DT and SK Telecom establish a joint venture

By Aiste Kryzanovske November 12, 2020

The South Korean wireless telecommunications operator, SK Telecom, and Germany’s telecommunications leader, Deutsche Telekom, recently signed an agreement to set up a joint venture to innovate 5G technology. This venture will incorporate advanced 5G building expertise and leverage the growth in the global demand for 5G repeaters. Both companies said their partnership will help complete the development of an advanced 5G/LTE dual-mode repeater that will give them an advantage in capturing a global market estimated, according to studies cited by the companies, to exceed $10 billion over the next three years. The JV is headquartered in Germany, and as a result, the work will begin in the European market. As stated in the announcement, each operator will manage 50% of the JV and will appoint an appropriate representative to manage the organization. Tim Höttges, CEO of Deutsche Telekom commented: “Together with SKT we are able to develop new…

Telecom News

A quick roundup of the news in Telecoms | Week #42

By Aiste Kryzanovske October 16, 2020

Apple reveals 5G iPhones Apple waited a little longer than other manufacturers to introduce 5G phones, probably because they wanted to be certain their first 5G iPhones are top class. The company unveiled its new iPhone 12 phones on Tuesday. All new iPhones are built around the fast Apple A14 Bionic chip, they support 5G wireless connectivity, and are protected by a ceramic shield to make the phones more damage resistant. Bringing 5G to the iPhone is a huge step forward for the company, as it will provide a new level of performance for downloads and uploads, video streaming, games, real-time interactivity and more. Read more at: https://tinyurl.com/y6mum7wh Masergy launches Work From Anywhere solutions Masergy, a software-defined network and cloud platform for the digital enterprise, announced two new SD-WAN Work From Anywhere solutions. Masergy’s SD-WAN Secure Home is a lightweight Fortinet Secure SD-WAN device for fast connection via the residential…

Telecom News

A quick roundup of the news in Telecoms | Week #41

By Aiste Kryzanovske October 9, 2020

Deutsche Telekom reaches a wholesale deal with Telefónica Deutsche Telekom and Telefonica have reached a wholesale FTTH deal. These telecom rivals extended their partnership that was launched in 2013, which allowed Telefónica to purchase VDSL lines from Deutsche Telekom. The renewed agreement has been extended for 10 more years, and now covers FTTH lines as well. This is a big opportunity for Telefónica Germany, as it is one of the smaller players in the fixed broadband market in the country. By using Deutsche Telekom’s fiber network, Telefónica has set up a clear path for itself to be an important participant in the growing ultra-fast broadband market. Read more at: https://tinyurl.com/y6985zh9 Telia sells Telia Carrier On Tuesday, the Swedish company Telia announced that it was selling its international carrier business to Swedish pension funds for $1.1 billion. Polhem Infra’s acquisition of Telia Carrier is expected to be completed in 2021, when…

Telecom News

A quick roundup of the news in Telecoms | Week #40

By Aiste Kryzanovske October 2, 2020

SIPTrunk Inc announces SIPTRUNK Platform SIPTrunk Inc. has announced the launch of managed IP telephony services through its SIP trunking reseller platform, SIPTRUNK. The SIPTRUNK platform allows service providers to manage multiple customers and service delivery via a practical interface based on cloud support and Tier-1 networks. SIPTRUNK meets the market’s need for a SIP trunk management and provisioning platform in order to support businesses, governmental agencies, telecommunications providers and telephone companies. According to the company, it is expected that by 2025, expenditure in the SIP trunking market will reach $28.8 billion. Read more at: https://tinyurl.com/y835ctxf UK’s fiber startup Lumenisity enters the market The UK start-up company Lumenisity has entered the market and released its first commercial products. Lumenisity was created to promote breakthroughs in the creation of hollowcore optical fiber. According to the company, data moves 50% faster in a hollowcore fiber, as the light travels through the air…

Telecom News

A quick roundup of the news in Telecoms | Week #35

By Aiste Kryzanovske August 28, 2020

Telefonica acquires Govertis Advisory Services The Spanish international telecommunications company, Telefonica, has announced the acquisition of the Valencia-based consulting company Govertis Advisory Services. The procurement was made through its subsidiary the cybersecurity company ElevenPaths. According to Telefonica, Govertis offers solutions that combine both legal and technological aspects of cybersecurity. The purchase of Govertis is related to Telefonica‘s ongoing investments in security through the development of proprietary solutions, the implementation of technologies in the global SOC network, and the acquisition of and investment in new companies. Eduard Chaveli, CEO and founder of Govertis, commented that this deal was a “natural next step in a long-standing relationship”. Read more at https://tinyurl.com/y2lr9pl7 Argentinian government freezes Telco prices Argentina‘s government has extended a ruling applicable to Internet, mobile and pay-TV providers, preventing them from raising their prices until the end of 2020. These measurements were first implemented in May of this year to combat…

Telecom News

Yealink tops the SIP phone market share

By Aiste Kryzanovske August 27, 2020

Yealink is a global brand that specializes in video conferencing, voice communications and collaboration solutions. For the third year, the company has topped the list in the SIP phone sector with a market share of 29.5% in 2019. This announcement was according to the latest Global Enterprise Communications Platforms and Endpoints Market report by Frost & Sullivan. Yealink is one of the leading service providers in more than 140 countries and regions. For three years, it has led the SIP phone category and has steadily increased its market share. The company not only constantly focuses on enterprise communications and increasing their competitiveness, but the worldwide services provided by Yealink have received the highest customer satisfaction ratings. One of Yealink’s main product lines are the T5, T4, T3 and T2 series phones. These phones are designed for a variety of business demands and use-cases to meet the specific needs…