As Vocus’ exclusive negotiation period with TPG Telecom for the proposed fiber business acquisition concludes, talks remain in motion. Delays in due diligence hint at finance-related stumbling blocks, though TPG stays open to other potential bargains, igniting a scenario of anticipation and suspense within the telecom domain.
Securing a nearly $2 billion loan, Reliance Jio fortifies its ambition in the 5G arena. The funds will enhance Jio’s growth with the acquisition of leading-edge Nokia 5G equipment. Planning one of the fastest 5G rollouts, it’s further partnering with Samsung and Ericsson. Please note, success breeds competition and Bharti Airtel isn’t far behind.
HMD Global sets a new bar in smartphone manufacturing with the Nokia XR21, claiming ‘military-grade durability’ and localized data storage for improved security. Remarkably, this sturdy device boasts a chassis made from 100% recycled aluminium, affirming the company’s commitment to sustainability. As an added boon, it has moved its manufacturing to Europe, enhancing the product quality control. This move hints at the potential appeal of a ‘Made in Europe’ smartphone in an overwhelmingly Asian-dominated market.
In a strategic overhaul, Singtel has sold its cybersecurity subsidiary, Trustwave, to MC2 Titanium in a $205 million transaction. The sale, which was on the lower end of predicted ranges, marks a significant loss on Singtel’s initial investment. This action is part of Singtel’s wider initiative to optimize resources and improve shareholder value by centring its focus on 5G and other digital services. This story brings a further glimpse into Singtel’s resculpting journey, with the effectiveness of this asset divestiture strategy awaiting a verdict in upcoming fiscal reports.
T-Mobile’s innovative union with Fliggs Mobile introduces an exclusive, completely digital Web 3 Mobile Virtual Network Operator that’s leading the path toward mass adoption of Web 3. This unique collaboration utilizes Fliggs Mobile’s innovative mobile app, complete with a non-custodial wallet, to provide users with access to Web3 and FinTech services, including cryptocurrency management. As this future-focused mobile service prepares for its official debut in 2024, it promises to attract not only technophiles but also the broader consumer base with its potential for simplifying and democratizing leading tech.
Iliad, the French telecom operator, steps up to redefine Europe’s AI landscape, unveiling a Nvidia DGX SuperPOD, the first in Europe. Aimed for their Cloud division, Scaleway, it aims to accelerate AI services for businesses while securing a technological edge. Yet, questions on ROI and sustainability lurk amidst innovation.
The UK’s communications regulator, Ofcom, has finalized plans to auction off mmWave spectrum for mobile services, with an eye on potential effects a pending Vodafone/Three UK merger might have. This move underscores the regulatory body’s diligent efforts to enhance 5G spectrum allocations, allocating citywide licenses to 68 major UK locations. Despite the anticipated delay due to the merger’s evaluation, Ofcom plans to award licenses on a first-come, first-served basis in less densely populated areas, promising a balanced landscape for both telecom giants and early adopters.
Snom Technology, the globally established telecommunications hardware brand, has been providing the high-end hotel industry with premium handsets for years. These devices are widely regarded as an enormous asset to the industry, since hotel rooms still need to feature a telephone in order to win stars. Despite this, not every hotel wants sophisticated business phones in its guest rooms, as only a minority of people will need to use all the device’s functions.
Cloud communications leader Sinch and one of North America’s largest and most trusted membership organizations, AAA, are partnering to expand chat capabilities for individuals requesting roadside assistance. These changes will allow those stranded in remote areas to seamlessly connect with AAA for help.
Samsung Electronics and KDDI today announced the companies have signed a Memorandum of Understanding (MOU) to form a 5G Global Network Slicing Alliance. Through this new alliance, the companies will work together to introduce an array of commercial 5G network slicing services and assess new business models based on this innovative technology.
