Bell Canada Enterprises is making significant cutbacks, revealing plans to eliminate 4,800 positions which make up 9% of their total workforce. Citing a need to adjust to declines in legacy businesses and a challenging macroeconomic environment, the company hopes this strategy will result in substantial cost savings. Additionally, Bell Media plans to relinquish over half of its radio stations deemed no longer viable.
BT, Ericsson, and Qualcomm demonstrated successful 5G network slicing trials for diverse applications, proving its potential to improve service quality in the 5G SA era. Disney invests $1.5 billion in Epic Games to blend its iconic franchises with Fortnite. D&H Distributing launches the Go Big AI Program to help partners use AI technologies. IPFone acquires VoIP company Joon to expand its cloud communication services and enhance offerings through synergistic technologies.
TIM’s leadership has expressed dissatisfaction with the Italian government’s initial purchase proposal for its Sparkle subsea cable division, prompting CEO Pietro Labriola to seek improved terms. The decision follows a recent bid by the Ministry of Economy and Finance, which has been deemed inadequate by TIM’s board of directors. Amidst ongoing discussions about the board’s composition, the focus has swiftly shifted back to negotiations, underscoring the complex nature of the transaction involving Sparkle.
In a significant development for global scientific collaboration, Aqua Comms has entered into a landmark agreement with the Energy Sciences Network (ESnet), granting a 15-year lease for a portion of its subsea cable spectrum that spans from New York to Dublin and London. This arrangement, covering 25% of a fiber pair, represents ESnet’s inaugural venture into Trans-Atlantic spectrum acquisition, underscoring its commitment to bolstering the data transmission capabilities essential for cutting-edge scientific research.
In a significant stride towards making its 5G network more robust for future technologies, Finland’s Elisa has successfully tested a new uplink carrier aggregation technology. This test, a collaboration with telecom giants Ericsson and Qualcomm, marks a leap in preparing for the demands of the metaverse and other advanced applications.
Broadband for the Rural North (B4RN) is making waves in connectivity by enhancing its network backhaul speeds to a staggering 400Gbps. This progress, ten times that of its previous capacity, paves the way for improved bandwidth, latency reduction, and an entirely modernized scope of rural connectivity.
In response to the soaring global demand for fast, secure connectivity, China Mobile International Limited (CMI) is significantly investing in four new submarine cable systems. These systems promise to robustly service the substantial growth in mobile data usage in quickly digitising regions such as Africa. However, as aging cables become outdated, the race is on for fresh investment to keep pace with customer needs and the rapid development of next-gen technologies.
As both the UK and US strive to deliver full-fibre broadband, each country grapples with its hurdles; one being persuading landlords to greenlight installation plans within their properties. In the UK, mechanisms are in place to enable operators to seek judicial access if landlord agreement is unattainable, a luxury the US lacks, suggesting the potential need for new legislative action in America. A monumental goal for both nations is eliminating the digital divide which requires a comprehensive combination of varied technology methods.
Epsilon Telecommunications (Epsilon), a KT Corp. company and leading global interconnectivity provider, has appointed Damon (Young Seok) Lee as its Group Chief Executive Officer. Lee joins Epsilon with over 27 years of experience in the telecommunications and technology sectors, most recently serving as Vice President in KT’s Enterprise Business. He will lead Epsilon’s senior executive team with a focus on optimising the company’s business strategy and global growth.
Telxius, a leading global connectivity provider, has been recognized at the 2024 Data Center Market (DCM) Awards for its Derio Data Center. It has won the award for Excellence in Connectivity, providing a state-of-the-art facility near Bilbao, in northern Spain, designed to harness the potential of the subsea cables connected to it.
