Vodafone Business’s recent report highlights the dire impact of cybersecurity lapses on UK SMEs, with a staggering £3.4 billion lost annually due to cybercrime. SMEs are struggling against evolving cyber threats such as phishing and ransomware, particularly with constrained budgets. Vodafone emphasizes the importance of enhancing cybersecurity measures to mitigate these risks.
Equinix has named Harmeen Mehta as Chief Digital and Innovation Officer, aiming to elevate digital transformation and innovation. With nearly three decades of experience, Mehta will align tech with strategy to drive growth and customer value. Previously at BT Group, she led AI-driven improvements and brings a strong leadership background.
Qualcomm’s recent acquisition of MovianAI marks a pivotal step in revolutionizing AI technology within sectors like smartphones, computers, and vehicles. This strategic move complements their existing IoT strategy, enhancing Qualcomm’s ability to integrate sophisticated AI solutions.
Deutsche Telekom’s strategic agreement with Google Cloud until 2030 marks a pivotal shift toward AI-driven, cloud-based telecom solutions. The collaboration emphasizes modernizing IT frameworks and applications through AI integration, enhancing customer service, network automation, and enterprise solutions.
SK Telecom’s partnership with Kpler is set to revolutionize AI-based market intelligence in telecom. The collaboration aims to integrate real-time data insights from Kpler’s extensive market coverage into SK Telecom’s AI platform.
Telenor has secured a 10-year deal to supply advanced, satellite-free communication tech to Swedish and Finnish militaries via its subsidiary KNL. The agreement, part of deeper Nordic defense ties, positions Telenor at the forefront of secure, resilient military communications amid rising global security challenges.
Project Kuiper by Amazon is poised to revolutionize the broadband landscape with its Low Earth Orbit (LEO) satellite launch, directly challenging Starlink. With over 3,200 satellites and telecom partnerships, Kuiper promises high-speed, low-latency internet worldwide. This development is a significant contender in the growing LEO broadband market.
Spanish tower operator Cellnex is eyeing the sale of its majority stake in Swiss operations, potentially valuing up to €2 billion. This move is part of a strategic shift towards consolidating its core European markets for increased focus and efficiency.
Comcast Business has made a strategic leap by acquiring Nitel, a leading Network-as-a-Service provider. This move strengthens Comcast’s position in enterprise networking and managed services, enhancing its capability to compete with industry titans like AT&T and Verizon.
T-Mobile’s joint venture with EQT to acquire Lumos marks a strategic leap in expanding T-Mobile’s broadband offerings. By transitioning Lumos customers to T-Mobile Fiber, this acquisition positions T-Mobile as a formidable player in fiber services. The $950 million investment aims to enhance network expansion.
