2147 Results

Telecom

Search

Ooma, Inc., a leading communications platform, has introduced its AirDial® service in Canada, providing a crucial solution for businesses affected by the phase-out of Plain Old Telephone Service (POTS) across the country. The move comes as major Canadian providers like Bell Canada and TELUS are set to decommission their copper networks, marking the rapid decline of POTS nationwide. This “copper sunset” poses challenges for businesses reliant on POTS for critical equipment such as fire alarms, elevators, and building entry systems.

Nokia, a leading telecommunications equipment provider, has secured a significant deal with German alternative network operator Deutsche Glasfaser to enhance its fixed access and IP network services. This partnership aims to expand Deutsche Glasfaser’s existing network infrastructure to reach a target of 6 million homes, tripling its current coverage of 2 million homes across Germany.

In response to the escalating demand for cloud services across public and private sectors in Italy, TIM, the leading telecommunications provider, has announced a strategic collaboration with Oracle. This partnership aims to integrate Oracle Cloud Infrastructure (OCI) into TIM’s managed cloud services, marking a significant step towards meeting Italy’s evolving cloud requirements.

Indonesian telecom operator Indosat Ooredoo Hutchison has unveiled impressive financial results for the first quarter of 2024, alongside highlighting strategic partnerships with global tech giants Nvidia, Cisco, and Mastercard. In Q1, Indosat recorded total revenue of $873 million, marking a robust 15.8% year-on-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) surged by 22.1%, with an EBITDA margin of 47.0%, while net profit soared by 39.4% to reach $82 million.