Altice UK increases its stake in BT to 24.5%, fueling speculation about the company’s intentions. Despite no current plans for acquisition, the move highlights the shifting landscape of the telecommunications industry and the growing trend of insiders acquiring significant stakes in UK telco groups.
Italy’s Ministry of Enterprise proposes €1.5 billion in support for the nation’s telecom sector, including tax breaks and funding for fiber upgrades, potentially revitalizing the struggling industry and fostering a competitive environment.
Dell invests €2 million in Ireland’s Open Telecom Ecosystem Lab, aiming to collaborate with EMEA telecom firms on 5G and 6G innovations, boosting smart manufacturing and digital cities while promoting opportunities in network infrastructure.
MTN Considers Axian Telecom Bid MTN is considering a bid from Axian Telecom for its operating units in West Africa, specifically Guinea-Bissau, Guinea-Conakry, and Liberia. The potential deal is aligned with MTN’s ongoing efforts to reshape its portfolio, and the three units collectively account for 6.1 million of MTN’s customers and contributed to 0.7% of EBITDA. MTN’s first quarter financial results reported an 8.6% EBITDA growth and revenues of ZAR52.8 billion ($2.8 billion), a 15.6% YoY increase. With discussions with Axian Telecom still at an early stage, any announcement on a final agreement might not be expected soon. Read the full article. Deutsche Telekom Sees Q1 Success Deutsche Telekom (DT) has raised its earnings guidance for 2023 to around €40.9bn, up from its previous forecast of €40.8bn. This follows strong Q1 results, with the group’s US business T-Mobile US a key driver behind the raised forecast, having recently raised its…
Verizon’s innovative deal with infrastructure specialist Vertical Bridge promises accelerated 4G and 5G deployment in the US, showcasing a unique tower leasing model that fosters collaboration and transforms mobile tower management.
Three UK experiences 5% revenue increase in Q1, but CEO Robert Finnegan calls for market structural change to boost returns. High 5G rollout costs challenge the industry, while a potential merger with Vodafone looms on the horizon.
TELUS becomes the first North American CSP awarded ‘Running on ODA’ status, joining global giants in utilizing Open Digital Architecture to transform into agile digital organizations. Achieving cost and time reductions, TELUS delivers enhanced customer experience through cloud-native, vendor-agnostic solutions.
Italian telecom giant TIM’s nine-year Power Purchase Agreement with ERG demonstrates a commitment to eco-friendly energy, sourcing 34% of its energy needs through PPAs, and targeting Net Zero emissions by 2040.
GoTo introduces over 30 new features GoTo has revealed over 30 new features across its IT management, support, and unified communications solutions. The new features include GoTo Resolve and Zendesk connectivity for remote support sessions and automated session tracking. Also, Rescue and Google Translate integration, GoTo Customer Engagement, and OpenAI’s ChatGPT integration to produce custom content. Other additions include enhanced call statistics, a centralized security dashboard, and customized surveys. The new features are intended to help consumers and IT teams save time and money while boosting productivity, usability, and the customer experience. Read the full article. Virsae and Hammer team up for a 360-degree cloud contact center experience Virsae and Hammer have collaborated to introduce Outside In – Inside Out, a 360-degree consumer and agent experience solution for contact centers. The service delivers a unified view across on-premise, cloud-based, and hybrid infrastructures, allowing network readiness evaluations, customer journey discovery and…
AST SpaceMobile has made history by successfully connecting a direct voice call between the United States and Japan via its Low Earth Orbit (LEO) satellite constellation, using standard smartphones. The use of standard smartphones makes this a world first, as no one has previously achieved a direct voice connection from space to unmodified cellular devices. AST SpaceMobile partnered with some of its mobile operator partners, including AT&T, Rakuten, and Vodafone, to make the connection. The test call was made using AT&T spectrum and a Samsung Galaxy S22 smartphone in the Midland, Texas area, connecting to Rakuten in Japan. The successful test call validated AST SpaceMobile’s network architecture and systems, including its BW3 satellite, which it describes as the largest commercial communications array in low-earth orbit. The call also paves the way for space-based cellular broadband. AST SpaceMobile’s goal is to provide coverage to close to 50% of the world’s population…
