Telenor, the Norwegian telecom giant, has announced a groundbreaking partnership with Nvidia, marking a significant step towards integrating artificial intelligence (AI) within its operations and offerings in the Nordics. This ambitious initiative is set to transform Telenor’s business model, embedding AI into its network operations and creating AI-driven solutions for its customer base.
Telecom giant Telenor faces a considerable setback as the company braces itself for a $760.3 million blow from its investment in True Corp, spurred by a noticeable decline in share value in 2023. However, amidst this financial turbulence, Telenor maintains a positive outlook. The company affirms that this financial drawback is merely for book records and does not reflect changes in Telenor’s belief in the value of their True Corp asset.
In a strategic move aimed at bolstering Norway’s space capabilities, Telenor Norway has successfully concluded the sale of its satellite business to Space Norway for a staggering NOK 2.36 billion ($228 million). The transaction, which received approval from the Norwegian Parliament just before Christmas, marks a significant shift in ownership of Telenor Satellite, a leading European provider of satellite TV broadcast and VSAT data communications services for maritime and land-based sectors.
In a significant move towards advancing 5G network capabilities, Telenor and Ericsson have officially entered a three-year Memorandum of Understanding (MoU). The collaboration aims to pioneer research, development, and testing of Artificial Intelligence (AI) and Machine Learning (ML) solutions, with a primary focus on enhancing energy performance without compromising network quality.
Norway’s Telenor pushes forward with a dramatic leadership change aimed at augmenting its growth trajectory in line with its 2025 vision. Notable moves include former Head of Telenor Asia, Jørgen C. Arentz Rostrup, stepping in as Head of Telenor Nordics, while his predecessor Petter-Børre Furberg takes over his former position. Google Cloud’s ex-head of telecoms, Amol Phadke, also joins the team as EVP and group CTO, with a focus on technology transformation.
In a groundbreaking arrangement, Telenor and Statkraft are set to secure 85 GWh/year of renewable energy for Telenor’s Finnish branch, DNA. This power deal will utilise energy from Statkraft’s upcoming wind farm project, fortifying Telenor’s quest for sustainable power. The implications of this pact spark debate on the urgency of renewable energy adoption in the telecom industry.
Norway’s top telecom operator, Telenor, joins forces with Hafslund, HitecVision, and Analysys Mason to create the nation’s most secure commercial data center operator, focusing on sustainable solutions and critical data storage. The collaboration addresses national security concerns and promotes energy-efficient data centers with heat recycling potential.
Telenor Norway, Telenor’s fully owned largest Norwegian supplier of telecommunications and digital services, has revealed its partnership with Infosys, a multinational information technology company that provides next-generation business consulting, information technology and outsourcing services. The main focus of this initiative is to rapidly transform Telenor’s finance and supply chain operational processes. To assist the transition from a traditional ERP system and improve company agility and operational efficiency, Infosys created a standardized Oracle Cloud enterprise resource planning solution. This product includes modules such as Record to Report (R2R), Acquire to Retire (A2R), Procure to Pay (P2P) and Order to Cash (O2C), and was deployed in ten Telenor businesses in a record time of nine months. Infosys was chosen for the ERP transition because of the company’s innovative and standardized services, reusable assets, qualified employees, and the capacity to deploy quickly. The newly implemented ERP platform will help Telenor Norway…
Consolidated Communications launches new gigabit service Consolidated Communications has introduced Fidium Fiber, a new Gigabit consumer fiber internet brand with an entirely new customer experience. Fidium Fiber internet will first be available in certain locations in Northern New England, providing symmetrical, Gigabit internet to residential consumers with no data limitations. Fidium provides simple, uncomplicated plans and pricing, with a range of high-speed fiber services beginning at $35 per month. Fidium is currently available in communities throughout Maine, New Hampshire and Vermont, with new locations being added on a weekly basis throughout Northern New England. Read more at: https://tinyurl.com/2m53cs8n Nokia introduces SaaS services Nokia announced the launch of several Software-as-a-Service (SaaS) applications for communication service providers (CSPs), with the objective of providing operators with a more cost-effective, flexible, and customer-centric approach for running existing networks and delivering new services. Nokia’s approach to SaaS for CSPs is to provide new software that…
Call center software firm Aircall receives $120 million funding Aircall, a provider of cloud-based phone and contact center systems, has completed a $120 million Series D funding round led by Goldman Sachs Asset Management. The startup develops a cloud-based phone system for call centers, support lines and sales teams, and offers integration with Salesforce, HubSpot, Zendesk, Slack, Intercom and other popular CRM, support and communication systems. This funding will help the company to develop new products for integration with third-party tools, and in particular, industry-specific integrations. Aircall plans new offices in London and Berlin, as well as new hires in the company’s existing offices based in New York, Paris, Sydney and Madrid. Read more at: https://tinyurl.com/ruc4n8u5 Telenor and Axiata seal $15 Billion deal to merge Malaysian telecoms units Malaysian telecoms company Axiata Group Bhd. and Norway’s Telenor ASA have signed a definitive agreement to combine their mobile operations in Malaysia,…
