Australian telecom giant Telstra announced plans to eliminate 2,800 jobs as part of a significant reorganisation aimed at revitalising its enterprise division. The company has been conducting a thorough review of Telstra Enterprise since February, responding to economic pressures that have impacted its corporate clientele.
Netcracker Technology has announced the extension of its long-term collaboration with Ooredoo Qatar. This partnership will see Netcracker continue to provide Managed Services for Ooredoo’s Revenue Management and CRM solutions, supporting both B2C and B2B customers. The enhanced services will cover a broad spectrum of telecom and other sectors, including ICT, IoT, and Cloud, with plans to extend into Fintech and Entertainment.
The UK’s telecommunications regulator, Ofcom, is advancing plans to facilitate shared access to the highly sought-after upper 6 GHz band, proposing two primary frameworks to balance the needs of both mobile and Wi-Fi providers. The first proposed approach, known as variable spectrum split, would allow both mobile and Wi-Fi services to use portions of the spectrum not occupied by the other.
Ericsson has announced an additional $50 million investment in its USA 5G Smart Factory in Lewisville, Texas, adding to an initial $100 million invested in 2020. This expansion aims to increase local production to meet the rising demand for US-made 5G infrastructure, aligning with the Build America Buy America Act (BABAA).
A recent study conducted by Germany’s Verband für Telekommunikation und Mehrwertdienste (VATM) has illuminated the rapid advancements within Germany’s fiber market. The study highlights a steady stride in the country’s fiber rollout, projecting that nearly 19 million households, approximately half of the German population, will have access to fiber-to-the-premise (FTTP) connectivity by mid-year, marking a rise of 2 million households since the close of 2023.
Sparkle, the subsea cable subsidiary of TIM, has announced the successful completion of its first international VPN test secured with quantum encryption. This milestone was achieved in collaboration with Arqit Quantum, a leader in quantum-safe encryption, and Telsy, TIM’s cybersecurity-focused company. The proof of concept (PoC) involved establishing a secure Internet Protocol (IPsec) tunnel between Italy and Germany using Arqit’s Symmetric Key Agreement (SKA) Platform.
Deutsche Telekom has emerged as the latest European telecommunications giant to report robust financial results for the first quarter of 2024. The German incumbent witnessed notable increases in revenue, earnings, and net profit, propelled by a surge in its European operations. The company’s performance underscores a positive growth trajectory amidst a competitive telecom landscape.
Virgin Media O2 and Crown Commercial Service have inked a new Memorandum of Understanding aimed at enhancing technological and telecommunications solutions to bolster digitalisation efforts within the UK Government and the wider public sector. CCS, a government body responsible for aiding public sector procurement, has been pivotal in organizing the purchase of common goods and services across various organizations.
Deutsche Telekom, the German telecommunications giant, is ramping up its international wholesale services with a focus on the emerging API (Application Programming Interface) ecosystem. The company’s Global Carrier division has introduced a suite of services known as Global Carrier Digital Services, providing wholesale customers with access to a range of APIs to enhance their own offerings.
In a significant move to bolster its presence in Europe, Amazon Web Services (AWS) has announced a substantial investment of €7.8 billion into the AWS European Sovereign Cloud project, extending through 2040. This initiative, unveiled last October, aims to establish an autonomous cloud infrastructure within the European Union (EU), operated independently to ensure data sovereignty for European customers.
