Accenture has announced its agreement to acquire Fibermind, an Italy-based network services company specializing in fibre, 5G network deployment, and infrastructure engineering. This acquisition aims to bolster Accenture’s capabilities and extend its network services to clients in telecoms, utilities, and transportation sectors.
Filtronic, a UK-based manufacturer of RF, microwave, and mmWave components, projects substantial growth in both revenue and earnings for its recently concluded financial year, driven by its involvement in the low-Earth orbit (LEO) satellite market and sales to Elon Musk’s SpaceX. The company forecasts an EBITDA of £4.8 million for the year ending May, marking a notable increase from the £1.3 million recorded in fiscal 2023.
Norwegian telecom giant Telenor has deepened its collaboration with Amazon Web Services (AWS), signaling a shift away from efforts to promote domestic cloud solutions. This move includes the implementation of AWS’s sovereign-by-design solutions in Telenor’s Skygard data centers.
In an effort to simplify broadband service switching for UK residents, the telecommunications regulator Ofcom has introduced new rules effective from 12 September 2024. To support this initiative, iconectiv UK Limited announced its registration as a Managed Access Provider (MAP) with The One Touch Switching Company (TOTSCo). This move will provide UK Communications Providers (CPs) with the necessary flexibility to comply with the evolving residential broadband market.
In collaboration with the i2CAT Foundation, Vodafone is advancing an automated multi-vendor management system tailored for Open RAN. This initiative aims to streamline the integration of diverse hardware and software components from multiple vendors, a key feature of Open RAN technology.
A consortium comprising two Japanese banks, mobile operator NTT DOCOMO, and Space Compass Corporation has committed $100 million to HAPS developer AALTO. This substantial investment aims to support AALTO’s industrial and commercial roadmap, targeting a commercial launch of its services by 2026.
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With the update of the telecommunications platform, Snom phones were recently added to the list of third-party devices supported by MS Teams via the SIP gateway. Snom explains what this means for companies who rely on Teams.
VoIP offers significant cost savings for businesses by reducing infrastructure, call, and maintenance expenses. It also improves efficiency with features like voicemail-to-email and video conferencing, all at a minimal cost. Additionally, VoIP is highly scalable and easy to expand, making it ideal for growing businesses.
Xavier Neil, the French telecom magnate, is seeking financing to acquire the remaining 80% of Latin American telecom group Millicom through his investment vehicle, Atlas. The move was disclosed after media reports surfaced, prompting an official statement from Atlas Investissement. The statement confirmed that Atlas is exploring a cash tender offer for Millicom, aiming for a purchase price of $24 per share.
