You searched for Telecom | Page 201 of 216

Telecom News

Verizon to meet its $10 billion cost cutting goal

By Aiste Kryzanovske January 7, 2021

The American telecommunications company Verizon, which offers wireless products and services, has announced that it will meet its $10 billion cost reduction target, which was first announced in 2017 by Lowell McAdam, the former CEO. Back in 2017, the company said it plans to introduce an aggressive cost-cutting technique called zero-based budgeting. The idea behind this strategy is that all business units should start each year with a clean sheet and justify the money they want to spend, in place of basing it on last year’s expenses. Since the announcement, Verizon has reduced its budget by a mixture of virtualization, early retirement offerings for its management team, and operational efficiencies through the One Fiber and Intelligent Edge Network initiatives. To achieve this goal, the company has been conserving billions of dollars annually in operational efficiency stemming from the foundation of their network to the efficient flow of…

Surprising facts about VoIP you might have missed

By Aiste Kryzanovske December 30, 2020

In an era dominated by advanced communication technologies, Voice over Internet Protocol (VoIP) has emerged as a revolutionary solution that has transformed the way we connect and communicate. However, beyond its well-known benefits, there exist a plethora of intriguing facts about VoIP that often go unnoticed. From its historical origins to its impact on businesses and individuals, delving into these lesser-known aspects of VoIP unveils a fascinating realm of innovation and efficiency. Here is a list of facts about VoIP you might have missed. The first VoIP call was made in 1973. The call used an early version of the Internet called ARPANET and it was carried out as a part of a communication experiment. The first VoIP call was made between the Institute of Information Sciences and the Lincoln Laboratory in the United States. The first VoIP call in 1973 was a little…

Telecom News

Nokia to lead Europe’s 6G initiative

By Aiste Kryzanovske December 28, 2020

The European Commission (EC) has appointed Nokia, a Finnish international telecommunications, information technology and consumer electronics company, to supervise Hexa-X, a primary 6G research project aimed at boosting the continent’s progress in developing the technology. The two-and-a-half-year Hexa-X initiative was funded by Horizon 2020, the EU’s research, and innovation program, and will start on January 1, 2021. The project is aimed at connecting the physical, digital and human worlds, firmly embedded in future wireless technologies. The project is led by Nokia, which coordinates the efforts, with Ericsson being assigned as the technical manager. The partners in the consortium are from academia and industry, including service providers, network providers and European research institutes. The partners include Orange, TIM, Telefonica, Intel and Siemens. The Finnish service provider said in a statement that it expects 6G to become commercially operational by 2030, following a normal ten-year intergenerational cycle and taking…

Telecom News

DT and Orange improve IPX with blockchain

By Aiste Kryzanovske December 21, 2020

The two companies, Deutsche Telekom Global Carrier and Orange International Carriers, have announced the successful completion of a Proof of Concept (PoC) project to improve IPX services using blockchain technology. According to the statement, they were able to validate that blockchain can be used by operators to expedite the automatic transaction of end-to-end network KPIs between providers. This provides operators with an opportunity to offer improved quality of service (QoS) and enhance network performance forecasting and incident management. The cooperation between the carriers for this initiative was announced back in June. IPX systems are fundamental components for enabling international and domestic roaming services. Also, full-service level agreements (SLAs) on critical IPX networks are essential for ensuring that mobile operators can provide the best network quality. The companies said the results of the study will be presented to the GSMA. Emmanuel Rochas, CEO of Orange International Carriers, said:…

Telecom News

Proximus Group to acquire Mobile Vikings

By Aiste Kryzanovske December 17, 2020

Proximus Group, Belgium’s largest telecommunications company, has announced the acquisition of Mobile Vikings, a youth-oriented mobile virtual network operator (MVNO), from DPG Media for $158 million. In its report, Proximus stated that Mobile Vikings, which employs around 80 people, would act as a separate entity if the transaction were to be completed, as it is subject to approval by the Belgian Competition Authority. The transaction, which is expected to close next year, will give the current Belgian company around 335,000 additional customers. Proximus would also acquire Jim Mobile, which is part of the Mobile Vikings entity, as part of the transaction. According to the Belgian company, acquiring the Mobile Vikings was in fulfilment of its strategy up to 2022, which aims to open up opportunities in additional market segments and optimize its position in the residential sector. In purchasing Mobile Vikings, the company considered factors such as network…

Telecom News

Telinta Adds India to its Global Infrastructure Deployment

By Aiste Kryzanovske December 15, 2020

Telinta, a global leader in cloud-based VoIP switching and billing solutions, has announced the deployment of additional infrastructure in Bangalore, India. These new facilities expand the company’s previous deployments in key global telecommunications markets in North America, Europe and Asia. The infrastructure deployment in India complements Telinta’s already existing facilities at 165 Halsey Street near New York, as well as additional infrastructure in Dallas, Frankfurt, London, New York, Newark, Singapore, Tokyo and Toronto. The facilities in these global markets provide Telinta VoIP’s service providers’ customers with significant additional availability, reliability and performance. The company’s award-winning cloud-based platform TeliCoreTM is the largest hosted softswitch of its kind anywhere in the world. This carrier-grade Class 4 and 5 platform integrates cutting-edge switching, billing and customer management to offer white label solutions to VoIP providers. Alex Ferdman, CEO of Telinta, said: “Telinta has deployed infrastructure around the world, so that…

Telecom News

Broadvoice taking part in the Toys for Tots charity

By Aiste Kryzanovske December 10, 2020

Broadvoice, a provider of cloud-based Voice over IP telecommunications services to small, medium and enterprise businesses in the United States, recently announced its intention to participate in the Marine Corps Reserve’s Toys for Tots charity. This initiative will help the increasing number of people that are in need of extra support during the holidays due to the economic hardships brought about by the pandemic. Toys for Tots is a program run by the US Marine Corps Reserve that distributes toys to children whose parents cannot bear the expenses of buying gifts for Christmas. The program was started in 1947, being founded by reserve officer Major Bill Hendricks. The organization partly relies on corporate sponsors and benefactors, such as Broadvoice, who pitch in and help increase monetary donations, toys and awareness of the program. The program’s mission is to gather as many new, unwrapped toys as possible in October,…

Telecom News

Vodafone to reduce its carbon emissions to net zero

By Aiste Kryzanovske November 24, 2020

The multinational telecommunications company, Vodafone, has committed to reduce its global carbon footprint that is generated as a result of its business operations to net zero by 2040. The company has already outlined a number of actions to reduce the environmental impact of its activities. It has set a new goal of stricter targets for the wider business and related third parties. As stated by the company, by 2030 all carbon emissions from its activities and the energy purchased and consumed will be eliminated. Vodafone has also committed itself to halving the use of its carbon footprint from Scope 3 sources, including joint ventures, all supply chain purchases, products it has sold and business travel by 2030. The group plans to completely eliminate emissions from Scope 3 by 2040. This plan will shorten the original projections by ten years, as the operator initially set a net zero target…

How to set up VoIP for your office

By Aiste Kryzanovske November 23, 2020

Finding the best VoIP phone systems for your business is an important task, especially if you plan to compete with more experienced industry participants or to expand business internationally. When choosing a VoIP phone for your office, it is essential to select one that best fits your company. Now it is a great time to move from a traditional service provider to a VoIP solution, considering the new technologies and advances in VoIP business phone systems. Benefits of VoIP phone systems There are many benefits in switching to a VoIP telephone system. In fact, every business stands to greatly benefit by implementing this sophisticated communications technology. Here are some of the advantages that VoIP can bring to your business: Lower costs VoIP telephone system utilizes Internet Protocol for voice traffic instead of using telephone lines, and all communication data is sent over the IP network. Because the data is sent…

Telecom News

The EIB and Iliad sign a new loan agreement

By Aiste Kryzanovske November 19, 2020

The French telecommunications provider Iliad, that provides fixed and mobile telephony services, prepaid phone cards, Internet access and hosting services, has signed a new $356 million loan deal with the European Investment Bank (EIB) to help the Iliad Group finance its mobile network deployment in France, in particular to consolidate its 4G network and deploy its 5G network. Since 2009, the EIB has financed Iliad, and with this new loan the total financing exceeds $1.3 billion. Having helped finance the development of the Iliad fixed network for more than a decade, the EIB is once again working with the group to provide financial support for the company’s latest generation of mobile networks. There was little information on what exactly the latest loan would be used for, but Iliad said it is devoted to providing digital coverage to the whole of France, including most rural areas. Ambroise Fayolle, Vice-President…