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Orange has announced the merger of Orange Romania and Orange Romania Communications, creating a fully integrated telecom operator.
M&A

Orange Romania and OROC Merge to Form Converged Telecom Operator

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Orange has announced the merger of Orange Romania and Orange Romania Communications (OROC), creating a fully integrated telecom operator in the region. This unification combines their mobile and fixed broadband services. In 2021, Orange acquired a 54% stake in OROC, then known as Telekom Romania Communications, and quickly began integrating their operations, including joint commercial offerings and unified customer service channels. The Romanian government approved the full merger last year, allowing Orange to consolidate its control over OROC. Post-merger, Orange Group will own 80% of the combined entity, with the Romanian Ministry of Research, Innovation and Digitalization retaining a 20% share. Mari-Noëlle Jégo-Laveissière, Executive Vice President and CEO of Orange Europe, emphasized the significance of the merger, stating it is a major milestone for Orange, facilitating the delivery of top-tier mobile and fiber services. She expressed gratitude to the teams involved in the transaction and conveyed her best wishes to…

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AI & Machine Learning revolutionize VoIP, bringing smarter calls, better experiences & deeper insights. Unleash the future of communication.
Market Trends

VoIP Predictions: How AI and Machine Learning are Changing the Game

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AI and Machine Learning (ML) are transforming VoIP, enhancing communication efficiency and cost-effectiveness. This integration offers features like real-time call quality optimization, personalized user experiences, and advanced IVR systems. AI-powered analytics unlock valuable insights and improve security. The future holds seamless IoT connectivity and a redefined way we connect through VoIP.

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BT Group reported a slight revenue increase to £20.8B , driven by price hikes for broadband customers and robust sales of fibre products.
Market Watch

BT Group Reports Mixed Financial Results Amid Cost-Cutting Measures

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BT Group has reported a slight revenue increase to £20.8 billion, a 1% rise from last year, driven by price hikes for broadband customers, robust sales of fibre products in Openreach, and growth in the consumer division. However, the company’s pre-tax profits dropped sharply by 31%, falling to £1.18 billion, despite a 2% rise in adjusted EBITDA, which reached £8.1 billion.

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To bolster its presence in Europe, AWS announced an investment of €7.8 billion into the AWS European Sovereign Cloud project.
Market Watch

AWS Commits €7.8 Billion Investment in European Sovereign Cloud

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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.

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To accelerate AI adoption across its network, Orange teamed up with Google to deploy AI solutions closer to its operations and customers.
AI

Orange and Google Cloud to Enhance AI Capabilities at the Edge

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In a strategic move to accelerate artificial intelligence (AI) adoption across its vast network, Orange has teamed up with Google Cloud to deploy AI solutions closer to its operations and customers. The collaboration, announced at Google’s Cloud Next ’24 event in Las Vegas, aims to leverage Google Distributed Cloud (GDC), a fully managed hardware and software solution.

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RingCentral, a prominent provider of AI-driven cloud business communications, made an announcement at Enterprise Connect 2024 in Orlando.
Telco Buzz

RingCentral Unveils Enhanced RingCX Contact Center at Enterprise Connect 2024

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RingCentral, Inc. (NYSE: RNG), a prominent provider of AI-driven cloud business communications, made a significant announcement at Enterprise Connect 2024 in Orlando. The company introduced the latest iteration of its native, AI-powered contact center, RingCX™, highlighting its extensive feature set, expanded global availability, increased adoption rates, and new CRM integrations.

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Underscoring its commitment to leading the UK's fibre optic expansion, CityFibre acquired Lit Fibre, a significant player in the market.
M&A

CityFibre Acquires Lit Fibre, Boosts UK Network Expansion

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In a bold move that underscores its commitment to leading the UK’s fibre optic expansion, CityFibre has acquired Lit Fibre, a smaller but significant player in the market. This strategic acquisition is set to boost CityFibre’s reach by an additional 300,000 premises, signaling a significant step in its quest to become the nation’s third major infrastructure platform, alongside giants like Virgin Media O2 and Openreach.

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In an acknowledgment of its contributions, x-hoppers has been distinguished with two prestigious accolades at the 2024 Merit Awards.
Telco Buzz

x-hoppers Triumphs at 2024 Merit Awards

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In a remarkable acknowledgment of its innovative contributions to the retail sector, x-hoppers has been distinguished with two prestigious accolades at the 2024 Merit Awards for Telecom. The company clinched a Gold award in the AI Services category and a Silver in Connecting the Unconnected, solidifying its reputation as a pioneer in leveraging artificial intelligence (AI) to transform the retail experience for both customers and employees.

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