Telecom Italia (TIM) is open to new business deals once the sale of its fixed-line network NetCo is completed, CEO Pietro Labriola told reporters on a podcast interview for Bloomberg.
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AST SpaceMobile shares rocket after Verizon investment
Last month, AST SpaceMobile agreed a new partnership with Verizon, promising to use its upcoming satellite network to deliver ubiquitous connectivity across the US. Now, weeks later, the company’s value continues to surge, with its share price rising 70% to its highest level since November 2022.
NTT DOCOMO and Space Compass commit $100m to HAPS specialist AALTO
The investment will support the planned commercial launch of AALTO’s High Altitude Platform Station, Zephyr, in 2026
Talking trends, opportunities, and industry challenges at Submarine Networks EMEA 2024
On day one of Submarine Networks EMEA in London, the first keynote panel of the day addressed the trends, opportunities, and challenges for the global subsea cable market.
UK puts AI safety in the spotlight at the AI Seoul Summit
The AI Seoul Summit took place this week, bringing together the UK and South Korean governments to discuss AI safety alongside some of the biggest companies in the AI industry.
US Senators provide glimmer of hope for ACP
Amid confusion about the future of the Affordable Connectivity Program (ACP), several senators have proposed a new means of funding the program. A bipartisan group of senators introduced an amendment to the Federal Aviation Administration (FAA) Reauthorization Act that would provide $6 billion in funding for the ACP.
Wayve secures $1bn in funding for AI-powered autonomous vehicles
UK self-driving car startup Wayve has secured $1.05 billion in investments to develop its artificial intelligence (AI)-powered vehicles, led by Japanese bank Softbank and with1notable contributions from Nvidia and Microsoft.
Apple working on own AI data centre chips, reports claim
Tech giant Apple has been making investments in its own chips designed for artificial intelligence (AI) processing in data centres, according to a report from the Wall Street Journal.
Oracle expands Italia footprint via TIM’s Turin data centre
This week, cloud giant Oracle has announced a new deal with TIM Enterprise, the B2B unit of Italian incumbent operator Telecom Italia (TIM), to form a cloud region centred around TIM’s data centre in Turin.
West African subsea cables finally repaired
Repairs to the damaged Africa cables have faced lengthy delays. Sat-3 was reportedly repaired at the start of April, while repairs to the WACS were only completed on Tuesday.
Deutsche Telekom launches energy saving AI RAN trial
German operator Deutsche Telecom has launched a trial to integrate artificial intelligence (AI) into its radio access network (RAN) to improve its efficiency, save energy, and reduce operating costs.
Meta shares tumble after Zuckerberg reveals AI spending increase
This week, Meta released its Q1 earnings report, in which the company announced a heavy increase on AI spending, and confirmed its plan to turn the group into “the leading AI company in the world”.
Customer service standards slipping as UK consumers turn their back on AI chatbots
New research from Cavell reveals that 44% of consumers think customer service is worse now than three years ago
Nokia curries favour with US by reducing orders with Chinese supplier
This week, anonymous sources speaking to Nikkei Asia said Nokia had reduced orders with supplier Foxconn Industrial Internet in order to help meet requirements of the US’s ‘Clean Network’ programme.
Enreach for Service Providers announces CloudCTI partnership
For simple, fast CRM/UC integration – and a pathway to smart CX analytics
CMA raises red flag over AI market dominance
The UK’s competition regulator, the Competition and Markets Authority (CMA), has expressed concerns over the growing power of big tech companies in the AI Foundation Models (FMs) market.
Amazon invests $2.75 billion in AI startup Anthropic
Amazon has announced an investment of $2.75 billion in San Francisco-based AI startup Anthropic, as it looks to compete with AI rivals such as Google and Microsoft through its AI chatbot Claude.
Arelion and Telxius Collaborate to Expand Connectivity to North and Latin America
Stockholm and Madrid, 12 March, 2024 – Arelion and Telxius are collaborating to provide fully diverse, multi-terabit connectivity into Telxius’ landing stations in Boca Raton and Jacksonville, Florida. This fiber network expansion establishes Arelion Points-of-Presence (PoPs) at each Telxius landing station. For Telxius, it empowers customers with resilient Tier-1 optical transport and high-speed access to Arelion’s North American network. Together, Arelion and Telxius are making a significant investment in the Florida Peninsula to connect Latin American customers to North America through submarine and terrestrial systems.
5G Open Innovation Lab Announces its 9th Startup Batch
Program shifts focus to CSP monetizing of edge computing and 5G innovation for the enterprise
GSMA’s API project Open Gateway picking up steam one year since launch
The GSMA launched their Open Gateway initiative – which seeks to create a unified Application Programming Interface (API) development platform for telcos and app developers – at last year’s Mobile World Congress (MWC).
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