Point Topic’s recent analysis reveals that global fixed broadband connections will rise to 1.39 billion by the end of this decade. While some regions will reach near-saturation, others will see significant growth opportunities.
Dutch telecommunications operator KPN has announced a partnership with pension fund ABP to form a new joint venture, temporarily named TowerCo. This entity will manage and operate 3,800 mobile towers and rooftop sites. KPN will hold a 51% stake in the venture, with ABP controlling the remaining 49%.
The Affordable Connectivity Program (ACP), a lifeline for millions of low-income Americans struggling to afford internet access, has officially shut down. Despite bipartisan support, Congress failed to secure additional funding, leaving the future of the program uncertain.
Google Fiber (GFiber) is expanding its Nevada network to include the City of Las Vegas, following its initial foray into the state earlier this year. In February, Clark County approved a franchise agreement, facilitating GFiber’s network deployment in the region.
Deutsche Telekom has emerged as the latest European telecommunications giant to report robust financial results for the first quarter of 2024. The German incumbent witnessed notable increases in revenue, earnings, and net profit, propelled by a surge in its European operations. The company’s performance underscores a positive growth trajectory amidst a competitive telecom landscape.
The Federal Communications Commission (FCC) has issued fines totaling $196 million to major US telecommunications operators for unlawfully sharing customers’ location data. This action comes more than five years after the violation was initially exposed.
NEC launches “NEC cotomi Pro” and “NEC cotomi Light,” advanced gen AI models. Lumos will be acquired by a joint venture of EQT and T-Mobile to expand high-speed internet access. CEA-Leti leads EU projects 6G-DISAC and 6G-GOALS, revolutionizing 6G technology through smart networks. Sanas obtained a patent for its Real-Time Accent Conversion AI Technology, enabling call center agents to adapt accents and reduce background noise. GlobalData’s report highlights how startups are innovating in AI-driven medical diagnostics, IT management, and financial operations.
AT&T showcased robust performance in its first-quarter financial report, buoyed by significant mobile customer additions and positive metrics in earnings, cash flow, and spending. Despite a slight decline in headline figures, the telecommunications giant demonstrated resilience amid challenging market conditions.
Telecommunications operators are increasingly turning to satellite technology to expand 5G coverage, particularly in rural regions, as indicated by new data from the Global mobile Suppliers Association (GSA). However, despite a rising number of partnerships and commercial launches, the market’s growth is slower than anticipated.
A recent spectrum auction in Austria, overseen by the country’s telecoms regulator, the RTR (Austrian Regulatory Authority for Broadcasting and Telecommunications), has introduced a noteworthy condition aimed at promoting energy efficiency within the telecommunications industry.
