In a significant development within the tech industry, Deutsche Telekom has taken a pioneering step by becoming the first corporate partner of the Fetch.ai Foundation. This collaboration marks a notable endeavor to merge artificial intelligence (AI), blockchain, and Web3 technologies, aiming to revolutionize the way autonomous systems interact and operate within the digital world.
Airtel Africa is redefining its enterprise, anticipating to leverage Africa’s burgeoning digital sector with the advent of its novel fibre wholesaler, Telesonic. The subsidiary will harness the power of Airtel’s vast terrestrial fibre network, bolstered by the firm’s stake in the pan-African submarine cable, 2Africa.
LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, has expanded its partnership with e-finance, a subsidiary of e-finance Investment Group to deliver secure digital transformation in Egypt. The strategic expansion of the partnership sees the integration of LogRhythm into e-finance’s cloud computing platform. e-finance’s customers across critical industries including fintech, government, and healthcare gain access to LogRhythm SIEM to uncover threats, mitigate attacks, and scale their business with confidence.
Altice Group strategically eyes shedding its 50.1% sharing in XpFibre, triggering a ripple of interest from major players like KKR & Co., Macquarie Group, and others. While KKR & Co, Macquarie Group, and CDPQ are all reported to be keen on acquiring the stake, no financial bids have surfaced to date. Meanwhile, Altice Group’s decision to divest isn’t surprising, given its $60 billion debt, and recent considerations to sell other assets.
VMO2 reignited talks over a potential acquisition of TalkTalk’s consumer business this week, eyeing several million UK broadband subscribers. Yet, the negotiation’s early nature and TalkTalk’s sizable £1.1 billion debt make the situation complex.
Following successful end-to-end integration testing of their OTS solutions, telecommunication pioneers Sonalake and KCOM further prepare for industry-wide trials. Their collaboration trailblazes customer experience advancements with agile innovation, particularly with Sonalake’s launch of pivOTS™. This enterprise-grade solution aids ISPs in achieving OTS compliance securely and cost-effectively.
Andrew Hollister, LogRhythm’s Chief Information Security Officer, highlights the ongoing struggle in cybersecurity: despite years of talk, the problem remains unsolved. Looking ahead to 2024, he points out challenges like the rise of generative AI and the need for better cloud security. He emphasizes that focusing on basics like strong passwords and regular updates is crucial for staying safe online.
In an exciting development for the telecommunications industry, EE has officially opened the doors to its brand-new Experience store in Gateshead, marking the beginning of an ambitious rollout plan. This store is the first in a series, with the company planning to launch over ten Experience stores across the country within the next year.
In a significant move towards enhancing developer access to advanced network capabilities, Ericsson’s Vonage has teamed up with telecommunications giant Verizon. This collaboration, formalized through a memorandum of understanding, aims to integrate Verizon’s network APIs (Application Programming Interfaces) into the Vonage platform. This integration is expected to foster deeper consumer engagement and loyalty by enabling enterprises to offer a more seamless and enriched customer experience across various stages of the customer journey.
Bell Canada Enterprises is making significant cutbacks, revealing plans to eliminate 4,800 positions which make up 9% of their total workforce. Citing a need to adjust to declines in legacy businesses and a challenging macroeconomic environment, the company hopes this strategy will result in substantial cost savings. Additionally, Bell Media plans to relinquish over half of its radio stations deemed no longer viable.
