Nokia has revealed its acquisition of Infinera, a California-based provider of optical transport networking solutions, for $2.3 billion. This strategic move aims to bolster Nokia’s presence in the North American optical networking market.
Nexperia, a leading semiconductor manufacturer, has announced a $200 million investment to enhance its production capabilities at its Hamburg facility. The funds will be used to develop next-generation wide bandgap (WBG) semiconductors, such as silicon carbide (SiC) and gallium nitride (GaN), and to expand the production of silicon (Si) diodes and transistors.
Qatar-based telecommunications company Ooredoo has announced its membership in the Nvidia Cloud Partner club, with plans to upgrade its AI data centers across the Middle East and North Africa (MENA) region using Nvidia’s Tensor Core GPUs. This move aligns with Ooredoo’s strategy to establish itself as the leading digital infrastructure provider in MENA.
China Mobile, the world’s largest mobile operator, now boasts over 500 million 5G users, according to its latest report. By the end of May, the telecom giant had 502.6 million active 5G network users, reflecting the growing adoption of this next-generation technology. This figure marks a significant milestone, as it represents actual 5G usage rather than just subscriptions to 5G plans.
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.
