A recent study by Juniper Research, a leading authority in telecommunications markets, has unveiled a sobering forecast for operators’ revenue derived from business SMS traffic in 2024. Contrary to previous years’ robust growth, the study anticipates a mere 5% uptick in revenue, marking a significant decline from the previous year’s 23% surge.
The latest report from Cisco (NASDAQ: CSCO) reveals a stark reality: only a mere three percent of organizations worldwide possess the necessary level of readiness to combat modern cybersecurity risks effectively. Released today, the 2024 Cybersecurity Readiness Index underscores a notable decline from the previous year, where 15% of enterprises were classified as mature in their cybersecurity readiness.
Enterprises are increasingly using AI and ML across sectors like pharmaceuticals, finance, tech, and agriculture. Nitel acquires Cleveland-based WAN Dynamics with backing from Cinven. NordVPN expanded to 111 countries with 6,200 servers. GoTo unveils AI-driven upgrades and 60+ features, prioritizing streamlined IT management and communication.
In a strategic move aimed at bolstering its foothold in the competitive telecommunications arena, US telecom giant AT&T has unveiled its Internet Air service for business customers, marking a significant shift in its approach to 5G fixed-wireless access (FWA).
Zoom and Avaya announced a strategic partnership designed to deliver enhanced collaboration experiences to global enterprises. As part of the partnership, Avaya selected Zoom Workplace – Zoom’s AI-powered collaboration platform that will include meetings, team chat, scheduler, whiteboard, spaces, and more – to integrate with Avaya’s Communication & Collaboration Suite, providing customers with a new, streamlined way to manage their communications environments and workflows.
In an unexpected strategy shift, VEON is offloading its stake in Beeline Kyrgyzstan to CG Corp Global’s associate. The monumental telecom deal, setting the business’s value over three times its forecasted EBITDA for 2023, awaits regulatory approval. Amidst this change, Beeline Kyrgyzstan forges ahead in growth, promising patrons sustained exceptional digital solutions.
Vodafone Germany is set to reduce its workforce by 2,000 in the next two years as part of a cunning organizational restructuring strategy. These significant shifts aim to transform the telecom titan into a “simpler, faster, leaner, and more powerful” operation.
At Enterprise Connect, Cisco (NASDAQ: CSCO) today unveiled new purpose-built, multifunctional devices that deliver modernized collaboration experiences to today’s hybrid workforce. The company announced the launch of the Cisco Board Pro G2, an AI-fueled and touch-enabled collaboration device and Cisco Desk Phone 9800 Series, designed to bring a modern and personalized productivity hub to any desk.
Ericsson, the Swedish telecommunications equipment manufacturer, is bracing for another challenging year by announcing a new wave of job cuts within Sweden. The company has pointed to a constricted mobile networks market in 2024, driven by cautious customer spending and a continuation of the trend of reduced operator investment, which it had previously described as unsustainably low. Despite various analyst reports reinforcing this bleak outlook, Ericsson remains committed to its strategic goals but acknowledges the need for significant operational adjustments to navigate the current climate.
bOnline is a UK-based VoIP provider dedicated to giving small businesses the communication tools of big companies. Their easy-to-use features, like call forwarding and HD calls, keep things simple, while reliable connections ensure crystal-clear communication. Plus, with a two-minute setup and affordable plans, bOnline makes it easy for any small business to upgrade their phone system.
