In a strategic move set to revolutionize financial support in the telecommunications sector, Telin has joined forces with Lighter Capital, a financial ally renowned for fostering business growth. The partnership promises a tailored offer for businesses boasting a consistent Annual Recurring Revenue (ARR) of at least $200K, providing an opportunity to secure financing up to 50% of their ARR, capped at an impressive $4 million.
In a decisive move towards advancing its digital agenda, the European Union (EU) has earmarked a substantial €763 million for the Digital Europe Programme. The lion’s share of nearly €549 million will fortify ongoing projects and multi-country initiatives aligning with the Digital Decade targets. These targets, a roadmap for Member States, aim to accelerate digital transformation by 2030.
SpaceX’s Starlink project faced a setback this week as the Federal Communications Commission (FCC) voted 3-2 to maintain its decision to deny funding from the Rural Digital Opportunity Fund (RDOF). The initial award in late 2020 aimed to extend broadband coverage to nearly 643,000 premises in 35 states.
Intelisys, a ScanSource company specializing in technology services and solutions, proudly announced its recognition as the 2023 United States and Canada Technology Services Distributor (TSD) Partner of the Year by Zoom Video Communications, Inc. This prestigious accolade was unveiled during the Zoomtopia Partner Connect event.
TalkTalk is poised to acquire Shell Energy’s telecoms clientele from the Octopus Energy Group, marking a development that could impact an estimated 480,000 broadband customers. Delving into the sidelines of this development, continual transformation seems a heartbeat in the telecoms market.
In a testament to the synergy of shared innovation, Huawei and Sharp enter an intellectual property cross-licensing agreement. Such alliances underline the value of IP rights while enabling competitive market offerings. However, details like the deal’s duration and financial aspects remain undisclosed – a recurrent practice in the telecom sector.
The FCC recently reiterated its denial of Starlink’s bid to gain nearly $900M in support from the Rural Digital Opportunity Fund program. Despite Starlink’s impressive technology, FCC Chairwoman Jessica Rosenworcel questioned the wisdom in subsidizing the still evolving tech until 2032. Starlink had initially received the lofty sum in a 2020 auction but was later deemed inadequate in verifying its capabilities.
Vi, India’s foremost telecom operator, has joined forces with Anritsu to enhance VoLTE call experience. Overcoming complex network challenges, they successfully improve call connectivity and sound quality. Anritsu delivers invaluable insights into VoLTE subsystems, facilitating swift customer-issue resolution.
In a recent surge of developments within the data center industry, Microsoft has taken the lead with its commitment to invest a staggering £2.5 billion in expanding artificial intelligence (AI) data center infrastructure in the UK. This landmark investment comes amidst a thriving year for the sector, showcasing a 13% estimated growth compared to the previous year, according to Synergy Research Group.
In a bid to promote digital inclusion and ease the financial burden on its customers, Virgin Media O2, the UK’s second-largest telecoms operator, has taken significant steps to raise awareness of social tariffs. The company, with a customer base of 5 million broadband and TV users, is now including information on its Essential Broadband and Essential Broadband Plus tariffs in the monthly bills of all its customers.
