SK Telecom saw strong growth in 2024, driven by a 19% surge in AI revenue and a 4.0% rise in AI business. With 31.8 million mobile users and strategic investments in AI infrastructure, the company is advancing its AI ambitions.
China Telecom announced the early completion of the 10,000-km Asia Direct Cable (ADC), the first new submarine link in the Asia-Pacific in over eight years. Developed by a consortium, ADC delivers over 160 Tbps capacity, easing congestion and enhancing cloud and data services.
Orange and Mistral AI are collaborating to drive AI advancement in Europe. Utilizing Mistral AI’s technologies, Orange will enhance network optimization, traffic management, and personalized AI solutions.
KDDI has joined the Aduna API joint venture, reinforcing its commitment to open network innovation. Partnering with telecom giants like Vodafone and AT&T, Aduna fosters cross-industry collaboration.
The Iliad Group’s $3 billion investment in AI infrastructure promises a transformative leap in the telecommunications sector. By focusing on AI-centric data centers and computing resources, Iliad is setting a trend for telecom companies diving into AI.
Iliad is eyeing a major merger with Telecom Italia, aiming to reshape Italy’s telecom landscape. The deal, likely a merger rather than a breakup, faces regulatory scrutiny due to its potential market dominance.
President Donald Trump has nominated Arielle Roth to lead the NTIA, a key agency overseeing broadband policy. A seasoned telecom advisor, Roth has worked with Senator Ted Cruz and Republican FCC Commissioners.
SK Telecom has joined the MIT Generative AI Impact Consortium to explore AI’s societal and industrial impacts. Partnering with global leaders like OpenAI and Tata Group, SK Telecom aims to drive AI innovation in ICT, semiconductors, and energy.
BT’s sale of its wholesale and enterprise unit in Ireland to Speed Fibre Group for €22 million marks a significant shift in the Irish telecom market. Transferring BT Communications Ireland Ltd, this acquisition includes domestic network infrastructure and over 400 business clients, excluding multinational services.
Saudi Telecom Group’s strategic move to secure nearly 10% in Telefónica highlights an ambitious international expansion within the telecommunications sector. This acquisition, approved by the Spanish government, enhances STC’s influence as Telefónica’s second-largest shareholder.