In a significant step towards enhancing global digital infrastructure, Telecom Egypt and Hungary’s 4iG have officially agreed to collaborate on constructing a pioneering subsea cable directly linking Albania and Egypt. This groundbreaking initiative, originally outlined in a Memorandum of Understanding last October, marks the first time such a direct connection will be established between the two nations.
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.
Neterra, a telecommunications trailblazer for nearly three decades, recently secured the prestigious ‘Best Central & Eastern European Carrier’ award at the Global Carrier Awards 2023. In an exclusive interview with Svetoslava Bancheva, the PR and Digital Communications Manager, Neterra’s evolution from providing Bulgaria’s first internet connection to becoming a global telecom solution provider unfolds. Svetoslava highlights pivotal milestones, including running submarine cables under the Danube River and the establishment of the Sofia Data Center.
In an exhilarating turn of events, telecommunications titan Ericsson collaborates with the renowned Indian Institute of Technology Kharagpur for pioneering research in AI, Compute, and Radio technology, with a spotlight on 6G development. This theoretical partnership is set to stir groundbreaking headway in fundamental and applied study in the Radio realm, significantly marking India as a technological innovation hub.
Amazon Web Services (AWS) is embarking on a $10 billion data centre project, Project Atlas, set to transform Mississippi’s digital landscape. This mammoth investment, backed by state funding, is expected to provide 1,000 new jobs and boost local infrastructure.
NOC Portugal recently entered into a significant agreement with Nokia, encompassing a 5G Standalone Core implementation and a joint effort to develop APIs. This collaboration marks a step forward in NOC’s commitment to innovating in the 5G realm, offering customers new, cutting-edge services.
Anticipated mobile and broadband price hikes this April could resonate with a multitude of customers. Key carriers, EE, Three, and Vodafone, plan substantial increases, impacting users financially. Meanwhile, telecom regulator Ofcom has proposed banning mid-contract price rises linked to inflation.
Diving deep into Ookla’s RootMetrics’ study reveals a thorough testing of UK mobile networks, with EE claiming the Overall RootScore Award, outperforming in reliability, accessibility, and offering a network speed almost twice as fast as its nearest rival. However, when it came to 5G performance, the laurel went to Three UK in an intense rivalry.
T-Mobile US, a significant player in the US telecommunications industry, has maintained its leadership position in customer growth in 2023, despite a notable decrease compared to its previous year’s performance. The company, which recently revealed its annual and quarterly financial results, continues to outpace its main competitors, AT&T and Verizon, particularly in the postpaid mobile customer segment.
UK’s government and Vodafone settle on ‘proportionate measures’ to assuage national security concerns over UAE-based e&’s increasing ownership stakes. This agreement follows the government’s expressed apprehension about e&’s potential influence on Vodafone’s policies due to its status as the largest shareholder. In response, a ‘national security committee’ will be created within Vodafone to monitor initiatives that could affect national security.
