Chinese telecom operators have successfully deployed expansive 5G networks across all cities and towns, with 90% village coverage. Utilizing 3.84 million 5G base stations, they lead globally. This vast network supports diverse industries, enhancing connectivity. As 5G technology advances, with plans to incorporate 5G-Advanced (5G-A) and AI, the future of telecommunications looks promising.
Nexperia, a leading semiconductor manufacturer, has announced a $200 million investment to enhance its production capabilities at its Hamburg facility. The funds will be used to develop next-generation wide bandgap (WBG) semiconductors, such as silicon carbide (SiC) and gallium nitride (GaN), and to expand the production of silicon (Si) diodes and transistors.
TIM, Italy’s primary telecommunications provider, has confirmed the completion date for the sale of its networks business. In a recent stock market filing, TIM announced that the deal with private equity firm KKR will close on July 1, as planned.
DIDWW, a global telecoms operator offering premium quality VoIP communications and SIP trunking services, has announced its partnership with Teltonika, an innovative technology company specializing in GPS fleet management, wireless and networking solutions, M2M, and IoT. This initiative will equip Teltonika with a highly flexible and scalable VoIP communications solution, thereby enhancing its communication capabilities worldwide.
In developed markets, copper telecom networks are rapidly being replaced by more efficient fiber optic cables. Despite this shift, the value of copper is surging in other sectors, particularly in electric vehicles and renewable energy. The metal’s worth has soared over 50% from pre-pandemic levels due to high demand and lower mining outputs, with forecasts suggesting a further 50% increase in demand by 2040.
Xavier Neil, the French telecom magnate, is seeking financing to acquire the remaining 80% of Latin American telecom group Millicom through his investment vehicle, Atlas. The move was disclosed after media reports surfaced, prompting an official statement from Atlas Investissement. The statement confirmed that Atlas is exploring a cash tender offer for Millicom, aiming for a purchase price of $24 per share.
Sigma Lithium, a leading producer of sustainable lithium, has enlisted Nokia and Alcon to establish what is touted as the inaugural private LTE wireless campus network in the Americas. This groundbreaking initiative aims to bolster lithium mining operations with enhanced connectivity and digitalization.
BT has announced a significant triumph, securing a $70 million contract to revamp and bolster the IT infrastructure of the Devon & Cornwall and Dorset police forces. This transformative deal encompasses a broad spectrum of IT solutions essential for operational efficacy.
UK-based autonomous vehicle startup Wayve has announced a significant investment of $1.05 billion aimed at advancing its development of self-driving cars powered by artificial intelligence (AI). The funding round was led by SoftBank, a Japanese multinational conglomerate, with substantial contributions from tech giants Nvidia and Microsoft.
Huawei is nearing completion of a large R&D complex in Shanghai focused on semiconductor technology. Fujitsu, NEC, NTT, and DoCoMo have unveiled a groundbreaking ‘top-level sub-terahertz 6G device’ achieving 100 Gbps speeds over 100-meter distances in the 100 GHz and 300 GHz bands. MASV’s Solutions Partner Program simplifies large file transfers using their cloud-based platform. LEAP is expanding global customer outreach with Vonage’s Communications APIs and SIP Trunking for scalable cloud connectivity.
