This week, Vodafone and Meta have announced new measures to optimise the delivery of video content and increase capacity on mobile networks.
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Xavier Niel’s $4.1 billion bid for Millicom is too low, company says
French billionaire Xavier Niel has offered to buy out the shareholders of Latin American telco group Millicom, valuing the group at $4.1 billion. Niel already owns a 29% stake in the company though his firm Atlas Investissement.
Microsoft pours $3.2 bn in Swedish cloud infrastructure
Microsoft has announced today that it will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and AI operations in Sweden over the next two years. The investment is Microsoft’s largest-ever commitment to Sweden.
Billionaire Xavier Neil ponders Millicom acquisition
French billionaire Xavier Niel is exploring the acquisition of Latin American telco group Millicom, which has been confirmed by both parties and a regulatory filing today.
Ericsson’s Q1 profits rise despite sales decline
This week, Ericsson has released its first quarter financial results for 2024, which showed profits had risen despite a decline in sales.
AWS to invest $15bn in Japan’s cloud computing infra
Amazon Web Services (AWS) has today announced plans to invest 2.2 trillion Japanese yen ($15.24 billion) in Japan’s cloud computing infrastructure by 2027. The investment is expected to add over 37 billion to the Japanese GDP.
TDC mulls its options in rapidly shifting Danish market
News According to reports, Danish telco TDC has hired investment firm LionTree to help them consider their strategic options as a business, which could seemingly include a partial or complete sale Anonymous sources speaking to Reuters have revealed that TDC is...
1&1 complains Vodafone presenting ‘ongoing obstacles’ to its 5G rollout
News The newest German mobile operator says its 5G network deployment has been negatively affected by Vodafone and Vantage Towers expansion limiting their access to 5G sites Back in 2021, 1&1 Mobilfunk, the new mobile arm of 1&1 AG, announced it had struck a...
Tele2 sues Ericsson over Russian exit
News The Russian operator says the Swedish vendor has refused to honour their commitments to provide equipment related to deals struck before the invasion of Ukraine This week, Tele2 has launched a legal challenge against Ericsson, accusing the latter of failing to...
Connecting America: I think of it as accommodating basic equity, not a digital divide, says AT&T’s Stankey
We track progress as billions of dollars pour into developing internet access for all on route to deliver a more Connected America – mostly through deployment of fiber
Rumoured departure of TIM’s network chief could hamper restructure
Stefano Siragusa, TIM’s head of network, operations, and wholesale, is reportedly set to resign due to clashing about the company’s new strategic direction
Samsung wins the race to 3nm – but can it take on TSMC?
The South Korean giant says their newest line of semiconductors will be smaller, more powerful, and more energy efficient than previous 5nm processes
What’s the score? Total Telecom’s quarterly financial Score Board
With so many companies releasing their financial results at the same time, it can be difficult to keep track…Introducing the Total Telecom Score Board
Aerospike Records Best Year in Company History
Press Release Aerospike Inc., the real-time data platform leader, today announced record sales of its Aerospike Real-time Data Platform in 2021, doubling growth from 2020. Sales outside North America tripled, reflecting growing global demand for Aerospike in...
Is GalaxySpace China’s answer to Starlink?
The Beijing start-up is set to begin launching a new satellite constellation to provide 5G coverage in the next three months
TIM mulls new CEO as KKR invites Saudi wealth fund to join takeover bid
Sources suggest that US-based private equity firm KKR is trying to engage Saudi Arabia’s Public Investment Fund (PIF) to help finance their takeover bid for Italian incumbent operator TIM
Lumen mulls $5bn sale of consumer biz to Apollo Global Management
Sources suggest Lumen Technologies, formerly known as CenturyLink, is considering selling its consumer operations in a number of US states
Quantum Loophole First Year Seed Funding Exceeds $13 Million
Press Release Quantum Loophole Inc, an innovative developer of first-of-its-kind gigawatt scale master plan data center cities, announces it has raised over $13 million in its initial round of seed funding. Launched in January 2020, the unforeseen challenges brought...
Entain and Verizon Media announce innovation alliance for immersive tech, gaming and sports
Press Release Verizon Media, the global media and technology company and Entain plc, the international sports-betting and gaming operator (formerly known as GVC Holdings), today announced a global innovation alliance to develop new opportunities across interactive...
Macquarie Telecom Group wins Best Customer Experience in the World
Press Release Macquarie Telecom Group (ASX: MAQ), has taken double gold at the annual World Communications Awards hosted virtually from London. The company received the award for the best Customer Experience and David Tudehope won CEO of the Year.Macquarie received...
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