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.
BT, Ericsson, and Qualcomm demonstrated successful 5G network slicing trials for diverse applications, proving its potential to improve service quality in the 5G SA era. Disney invests $1.5 billion in Epic Games to blend its iconic franchises with Fortnite. D&H Distributing launches the Go Big AI Program to help partners use AI technologies. IPFone acquires VoIP company Joon to expand its cloud communication services and enhance offerings through synergistic technologies.
In a significant development for global scientific collaboration, Aqua Comms has entered into a landmark agreement with the Energy Sciences Network (ESnet), granting a 15-year lease for a portion of its subsea cable spectrum that spans from New York to Dublin and London. This arrangement, covering 25% of a fiber pair, represents ESnet’s inaugural venture into Trans-Atlantic spectrum acquisition, underscoring its commitment to bolstering the data transmission capabilities essential for cutting-edge scientific research.
In an ambitious move to counteract the issue of network congestion within city environments, UK mobile operator Three has initiated a pioneering project in Glasgow, employing the advanced technology of Mavenir. The initiative focuses on the strategic placement of small cell units across the city to enhance urban connectivity, particularly in areas where 5G coverage is inconsistent.
In a groundbreaking effort to enhance healthcare access and outcomes in Upstate New York’s rural areas, the University of Rochester Medical Center (URMC) has unveiled a novel initiative. This pioneering project introduces telehealth stations within local bank branches, aiming to mitigate the healthcare accessibility gap faced by rural communities.
As both the UK and US strive to deliver full-fibre broadband, each country grapples with its hurdles; one being persuading landlords to greenlight installation plans within their properties. In the UK, mechanisms are in place to enable operators to seek judicial access if landlord agreement is unattainable, a luxury the US lacks, suggesting the potential need for new legislative action in America. A monumental goal for both nations is eliminating the digital divide which requires a comprehensive combination of varied technology methods.
Diving into the digital frontier, the Sustainable and Interoperable Digital Identity (SIDI) Hub, an alliance of 17 open-standard organizations, is striving to create cross-border digital identities. Through harnessing insights from significant bodies such as the OECD and World Bank, they aim to establish a minimum set of interoperability requirements. However, recognizing the diverse perspectives globally, they also highlight the need for taking into account the unique social, cultural, and legal contexts of each nation.
Epsilon Telecommunications (Epsilon), a KT Corp. company and leading global interconnectivity provider, has appointed Damon (Young Seok) Lee as its Group Chief Executive Officer. Lee joins Epsilon with over 27 years of experience in the telecommunications and technology sectors, most recently serving as Vice President in KT’s Enterprise Business. He will lead Epsilon’s senior executive team with a focus on optimising the company’s business strategy and global growth.
In a significant development for Italy’s telecom landscape, WindTre has finalized an agreement to purchase OpNet, a renowned Italian Fixed Wireless Access (FWA) expert, for a deal worth €485 million. This acquisition not only enhances WindTre’s spectrum holdings but also integrates a pioneering 5G standalone network into its portfolio.
Telecom giant Telenor faces a considerable setback as the company braces itself for a $760.3 million blow from its investment in True Corp, spurred by a noticeable decline in share value in 2023. However, amidst this financial turbulence, Telenor maintains a positive outlook. The company affirms that this financial drawback is merely for book records and does not reflect changes in Telenor’s belief in the value of their True Corp asset.
