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A quick roundup of the news in Telecoms | Week #30

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Lumen to sell its Latin American business Lumen Technologies has signed an agreement to sell its Latin American business to infrastructure investment company Stonepeak for $2.7 billion. This deal comes from Lumen’s goal of freeing up more cash for its future growth plan. This transaction is expected to be completed in the first half of 2022. After the sale has been completed, Lumen’s Latin American division will become an independent subsidiary of Stonepeak, continuing with the current management team. Despite the sale, Lumen will not sever ties with the subsidiary, as the operator plans to maintain a strategic relationship with the new company. Read more at: https://tinyurl.com/4728y9f Verizon signs a deal with US Air National Guard  Verizon’s Public Sector business entered into a second agreement with the US Department of Defense (DoD).  The latest $78.8 million contract is to help the Air National Guard (ANG) modernize their network services. Under…

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A quick roundup of the news in Telecoms | Week #16

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European Commission proposes new AI regulations The European Commission is proposing new rules that would allow it to ban any type or deployment of AI that it considers high-risk. The organization also proposes much stricter rules and limitations on the use of biometric data, such as law enforcement using face recognition. Violation of the rules may result in fines of up to 6% of the offending company’s total global turnover. For the biggest tech companies, that sum could reach billions. The commission’s digital chief, Margrethe Vestager, said: “On artificial intelligence, trust is a must, not a nice-to-have.” Read more at: https://tinyurl.com/5e8wcufu Cisco to invest $100 million to combat climate change Cisco has unveiled plans to invest $100 million over the next 10 years to help fight climate change, using the fund in its name for initiatives aimed at reducing emissions and educating communities. Cisco’s efforts will be global, and funding…

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Verizon announces Verizon Women’s CoLab

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Verizon has announced Verizon Women’s CoLab, an attempt to support women in the current crisis of women leaving the workforce at an increased pace due to the Covid-19 pandemic. This initiative will involve Verizon’s key stakeholders, customers, employees and the general public.   These actions by Verizon follow a recent survey by Morning Consult, ordered by Verizon, which found that women were leaving work due to burnout because of the Covid-19 pandemic, and having to take on additional responsibilities in their personal lives and at home.   Verizon Women’s CoLab will be released later this year. It is a synergetic engine for women’s careers, wherever they might be. This initiative  unites resources for women to succeed in an increasingly digital world, during and after the pandemic. Participants will gain access to leaders, top-notch development resources, and a wealth of tools that will assist them to stay and prosper in the…

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Verizon teams up with Genesys Cloud

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Verizon Business has announced the addition of Genesys Cloud as part of its global customer experience and contact center offerings. Together with Genesys, the company is able to offer its business customers a cloud-based contact center solution. Genesys Cloud will provide businesses with access to the Verizon network and include a contact-center-as-a-service solution to communicate with their customers.   The Cloud-based Contact Center as a Service from Genesys enables businesses to deliver a customer experience (CX) that is top class. The solution is delivered on an end-to-end, cloud-based remote access platform that takes advantage of Verizon’s network. In addition, the Verizon Business customer experience portfolio includes Genesys Engage subscriptions, that provides a passage from on-premises to hybrid cloud and public or private cloud deployments.   Furthermore, because contact centers rely on digital, primarily remote operations, Genesys Cloud will allow remote agents to take advantage of all the capabilities the contact…

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A quick roundup of the news in Telecoms | Week #6

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Telia takes a big step toward IoT The Swedish operator Telia has launched a global IoT connectivity offering for enterprises, pledging that it can cut almost a third off the average cost of IoT communications. The new portfolio is called Telia Global IoT Connectivity. In a statement, the operator said that the portfolio consists of a Telia eSIM, that is powered by eUICC, a global ecosystem of pre-integrated operators, a one-of-a-kind programmable network and a cloud-based platform for system management. Björn Hansen, Head of IoT at Telia, said: “This is a true game changer for IoT connectivity.” Read more: https://tinyurl.com/wtk6d7pi Ekinops with Orange gives 5G a trial run  Ekinops has successfully completed 5G business connectivity testing with Orange Business Services at its Orange Labs. To test the connectivity, Ekinops used its 5G-capable OneAccess router that is based on its OneOS6 software. According to Ekinops, the software enables a variety of…

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A quick roundup of the news in Telecoms | Week #4

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Verizon Business announces a new bundle Verizon Business has announced a new bundle offer for small businesses covering security, broadband and LTE services. As more small businesses are moving to virtual settings, Verizon Business now offers the Complete Business Bundle. With this new offering, small businesses receive a 15% discount on monthly service fees with a 50 Mbps tier. LTE Business Internet, which includes a router as part of the package, is giving businesses the ability to connect to 4G LTE using a plug-and-play installation. The Complete Business Bundle also includes One Talk desk phones with more than 50 business-class features and dedicated 24/7 technical support. Read more at: https://tinyurl.com/y4xy7nyw DT and Samsung succeed in standalone 5G  Deutsche Telekom and Samsung have successfully completed the SA 5G test in Pilsen, Czech Republic. Together the companies have tested the efficiency of Samsung’s MU-MIMO technology on Deutsche Telekom’s network and recorded excellent…

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Verizon to meet its $10 billion cost cutting goal

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The American telecommunications company Verizon, which offers wireless products and services, has announced that it will meet its $10 billion cost reduction target, which was first announced in 2017 by Lowell McAdam, the former CEO.   Back in 2017, the company said it plans to introduce an aggressive cost-cutting technique called zero-based budgeting. The idea behind this strategy is that all business units should start each year with a clean sheet and justify the money they want to spend, in place of basing it on last year’s expenses.   Since the announcement, Verizon has reduced its budget by a mixture of virtualization, early retirement offerings for its management team, and operational efficiencies through the One Fiber and Intelligent Edge Network initiatives.   To achieve this goal, the company has been conserving billions of dollars annually in operational efficiency stemming from the foundation of their network to the efficient flow of…

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A quick roundup of the news in Telecoms | Week #38

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Deutsche Telekom will move 18 million users to the cloud Deutsche Telekom has announced that 18 million of its fixed voice customers will soon have their services moved to a new cloud-based telephony platform. The company currently has a next-generation IP multimedia subsystem (NIMS) deployed in telco’s data centers throughout Germany. The platform promises to deliver services faster and more efficiently by automatically allocating voice capacity on the network as needed. The deployment of cloud telephony is a logical next step in Deutsche Telekom’s all-IP strategy, which the company has been pursuing for years. Read more at: https://tinyurl.com/y3oxa9wq ClearlyIP releases a new mobile softphone Telecommunications company ClearlyIP has released “Clearly Anywhere”, a mobile softphone that provides easy mobile integration into FreePBX-based systems. This application is designed for Android and iOS devices, allowing system administrators to quickly set up, configure, and deploy cross functional software that clients closely incorporate with an…

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samsung verizon deal
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Samsung signs $6.6 billion contract with Verizon

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The South Korean tech giant Samsung has announced that it has signed a contract to supply network equipment to Verizon in the US. Samsung and Verizon’s wireless telecommunications solutions contract is worth about $ 6.6 billion according to information released on Monday, ensuring a great triumph for the South Korean seller against established competitors. Samsung Networks will supply network equipment and solutions, including 5G, to their American partner for the next five years, until December 2025. This new contract with Verizon is the largest that Samsung has ever received in its history. Samsung’s network business was one of the first to offer 5G network equipment to South Korean telecommunications companies when they launched their 5G networks in 2019. “We are pleased to expand our long-standing partnership with Verizon to advance their next-generation network evolution. With this latest long-term strategic contract, we will continue to push the boundaries of…

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A quick roundup of the news in Telecoms | Week #35

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Telefonica acquires Govertis Advisory Services The Spanish international telecommunications company, Telefonica, has announced the acquisition of the Valencia-based consulting company Govertis Advisory Services. The procurement was made through its subsidiary the cybersecurity company ElevenPaths. According to Telefonica, Govertis offers solutions that combine both legal and technological aspects of cybersecurity. The purchase of Govertis is related to Telefonica‘s ongoing investments in security through the development of proprietary solutions, the implementation of technologies in the global SOC network, and the acquisition of and investment in new companies. Eduard Chaveli, CEO and founder of Govertis, commented that this deal was a “natural next step in a long-standing relationship”. Read more at https://tinyurl.com/y2lr9pl7 Argentinian government freezes Telco prices Argentina‘s government has extended a ruling applicable to Internet, mobile and pay-TV providers, preventing them from raising their prices until the end of 2020. These measurements were first implemented in May of this year to combat…

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