French telecommunications giant Orange is reportedly exploring the sale of its 40% stake in Mauritius Telecom, according to sources cited by Bloomberg. While Orange has engaged with advisers on the potential sale, discussions with Mauritius Telecom’s board about a possible buyback have not yet occurred.
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.
Actelis Networks, renowned for its cyber-hardened networking solutions for IoT, has announced a strategic partnership with Carahsoft Technology, a leading provider of IT solutions for government sectors. This collaboration will see Carahsoft distributing Actelis’ hybrid-fiber connectivity solutions to Federal, State, and Local agencies, as well as educational institutions in the U.S. and Canada through its reseller network and specific procurement contracts like NASA SEWP V and OMNIA Partners.
Three UK has achieved a significant milestone in network sustainability through its collaboration with Ericsson, employing advanced AI-powered hardware and software. Over the past 18 months, the partnership has focused on modernizing Three UK’s network, significantly enhancing energy efficiency with cutting-edge technologies.
Singtel and KKR are set to invest $1.3 billion for a minority stake in ST Telemedia Global Data Centres (STT GDC), marking the latest significant investment in the data center sector. The companies will initially acquire S$1.75 billion (US$1.3 billion) in redeemable preference shares and warrants, with a plan to invest an additional S$1.24 billion once the warrants are fully exercised.
Point Topic’s recent analysis reveals that global fixed broadband connections will rise to 1.39 billion by the end of this decade. While some regions will reach near-saturation, others will see significant growth opportunities.
Microsoft plans to invest €6.7 billion ($7.16 billion) in developing data centers in Aragon, Northeastern Spain. The tech giant has filed for a construction permit to establish its facilities near Zaragoza, according to the local Spanish newspaper El Heraldo.
Stage X, poised to become South Korea’s fourth mobile network operator, is now facing the revocation of its license due to financial discrepancies. The government is reportedly on the verge of pulling the plug on the firm’s spectrum rights, according to Yonhap news agency, which cited a statement from the Ministry of Science and ICT (MSIT).
In an effort to simplify broadband service switching for UK residents, the telecommunications regulator Ofcom has introduced new rules effective from 12 September 2024. To support this initiative, iconectiv UK Limited announced its registration as a Managed Access Provider (MAP) with The One Touch Switching Company (TOTSCo). This move will provide UK Communications Providers (CPs) with the necessary flexibility to comply with the evolving residential broadband market.
Amazon’s Project Kuiper has entered into an agreement to offer low Earth orbit (LEO) satellite services across seven Latin American countries. This distribution deal with Vrio, the parent company of DirecTV Latin America and Sky Brasil, will see high-speed Internet services provided to Argentina, Brazil, Chile, Uruguay, Peru, Ecuador, and Colombia.
