VERIZON Archives | Page 9 of 11

News Roundup

A quick roundup of the news in Telecoms | Week #47

By Aiste Kryzanovske November 26, 2021

Verizon gets approval for TracFone purchase Verizon stated in September 2020 that it will attempt to acquire TracFone Wireless, a pre-paid mobile phone operator, for $6.25 billion. The FCC approved the transaction last week, attaching restrictions that would safeguard TracFone customers in a variety of ways, including ensuring inexpensive 5G handsets and avoiding price rises, all of which will be evaluated on a regular basis by an independent agency. Verizon is also required to participate in the Lifeline program, which provides subsidies to low-income subscribers. TracFone is now one of the major carriers supporting the Lifeline program, with 1.7 million low-income subscribers participating across the country. Read more at: https://tinyurl.com/jxrh6p5v Tata Communications launches GlobalRapide Tata Communications, a worldwide digital ecosystem facilitator, has announced Tata Communications GlobalRapide, an end-to-end managed UCaaS that enables organizations to provide workers with technologically enhanced, sophisticated and intelligent collaboration experiences. With this new solution, Tata Communications…

News Roundup

A quick roundup of the news in Telecoms | Week #43

By Aiste Kryzanovske October 29, 2021

VMware announces RAN intelligent controller This week, VMware released several of their initiatives aimed at bolstering and solidifying the company’s telco cloud plans. The debut of the RAN intelligent controller is one of the recent announcements (RIC). The VMware RIC will be accessible in two deployment models: centralized and distributed, and will be capable of abstracting the underlying RAN architecture and providing RAN programmability via xApps and rApps. Wireless operators, according to VMware, are ready to transition from relatively inflexible conventional RAN infrastructures to more heterogeneous, multi-vendor virtualized RANs. Read more at: https://tinyurl.com/2nxkde8x Verizon teams up with Project Kuiper Verizon and Amazon’s Project Kuiper, a low Earth orbit (LEO) satellite network, have established a collaborative partnership to provide broadband solutions for unserved and underserved populations. Project Kuiper and Verizon have begun to establish technical specifications and define early business strategies for a variety of connection offerings for US consumers and…

News Roundup

A quick roundup of the news in Telecoms | Week #40

By Aiste Kryzanovske October 8, 2021

VMware unveils innovations at VMworld 2021 At its annual VMworld conference, VMware announced its latest advancements which focus on features that simplify multi-cloud installations and improve security. VMware has disclosed new enhancements to VMware Cloud, the industry’s first and only multi-cloud computing architecture that allows clients to migrate their corporate apps to the cloud in almost half the time and for a fraction of the cost. A new VMware Edge product line was also announced, which comprises an Edge stack, secure access service edge (SASE) features and a Telco Cloud Platform. Read more at: https://tinyurl.com/2evz4fsd NTT to reduce its greenhouse gas emissions NTT, a Japanese telecommunications company, has announced that it will issue $2.7 billion in “green bonds,” with the proceeds going towards reducing greenhouse gas emissions and increasing their investment in renewable energy. These green bonds will be divided into three tranches, each with a three-, five-, and ten-year…

Telecom News

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

By Aiste Kryzanovske September 3, 2021

Verizon launches Verizon 5G Edge with Microsoft Verizon has partnered with Microsoft to introduce the aptly named Verizon 5G Edge with Microsoft Azure Stack Edge cloud computing platform, fulfilling their stated commitment when they announced their cooperation last October. The platform can provide corporate clients with an on-premises, private edge compute solution that supports the ultra-low latency necessary for real-time enterprise applications. The collaboration with Microsoft provides 5G Edge to companies, lowering latency at the edge and allowing important, performance-sensitive applications to respond more rapidly and effectively. Read more at: https://tinyurl.com/8bz3rwdf FCC warns about fake broadband subsidy website The Federal Communications Commission (FCC) alerted the public about the discovery of a website that fraudulently promised to enroll customers in the agency’s Emergency Broadband Benefit (EBB) Program and encouraged individuals who visited the site to take precautions against fraud. A website named WiFi Freedom USA mimicked the government’s sign-up page, offering…

Telecom News

A quick roundup of the news in Telecoms | Week #31

By Aiste Kryzanovske August 6, 2021

Google to use its own chips for the new Pixel phones Google has announced that its next Pixel smartphones will be available in the fall, powered for the first time by an in-house developed chip. Tensor, Google’s first mobile system on a chip, will be used in the Pixel 6 and Pixel 6 Pro. Tensor is a single chip that integrates a set of processing units and enhances computational capacity in an energy-efficient manner. Google has not revealed who will manufacture the chips for the new Pixel phones. Read more at: https://tinyurl.com/xsprb7ap Lumen to sell its ILEC assets Lumen Technologies announced that it has entered an agreement to sell its Incumbent Local Exchange Carrier (ILEC) business in 20 states, including its consumers, small business, wholesale, and mostly copper-served enterprise customers and assets, to funds managed by Apollo Global Management affiliates for $7.5 billion. Lumen will maintain its ILEC assets in…

Telecom News

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

By Aiste Kryzanovske July 30, 2021

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…

Telecom News

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

By Aiste Kryzanovske April 23, 2021

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…

Telecom News

Verizon announces Verizon Women’s CoLab

By Aiste Kryzanovske March 9, 2021

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…

Telecom News

Verizon teams up with Genesys Cloud

By Aiste Kryzanovske February 25, 2021

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…

Telecom News

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

By Aiste Kryzanovske February 12, 2021

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…