Search Results for: telecom

EIB and ESB Partnership Drives Success of Ireland’s Smart Metering Programme

(IN BRIEF) EIB Vice President Ioannis Tsakiris praised the collaboration between the European Investment Bank (EIB) and ESB in supporting Ireland’s National Smart Metering Programme. Backed by €450 million in EIB funding, the initiative aims to help 2 million Irish … Read the full press release

Beyond Leather Materials and Covestro Partner to Develop Sustainable Leather Alternative from Apple Waste

(IN BRIEF) Beyond Leather Materials has partnered with Covestro to develop LEAP®, a sustainable leather alternative made from over 85% bio-based materials, primarily apple waste. Covestro’s INSQIN® technology provides a durable, premium coating for LEAP®, offering a low-VOC, eco-friendly solution. … Read the full press release

Vodafone Germany to Expand Solar Energy Use Across Network Sites, Aiming for CO2e Neutrality by 2025

(IN BRIEF) Vodafone Germany is launching an initiative to install solar panels at its mobile phone towers and regional data centers, aiming to achieve CO2e neutrality by 2025. The project will begin with 86 sites and expand to 200 by … Read the full press release

Swedish Innovation Celebrated Through Enhanced Partnership with Tekniska Museet

(IN BRIEF) Ericsson has renewed its partnership with Tekniska Museet, Sweden’s National Museum of Science and Technology, to celebrate Swedish innovations. The museum, located on Stockholm’s Djurgården island, attracts around 400,000 visitors annually and houses over 55,000 artifacts, including many … Read the full press release

Innovative AI Customer Care Solution Now Available on AWS Marketplace

(IN BRIEF) NAGRAVISION has introduced the NAGRA Insight Negotiation Agent on AWS Marketplace, an AI-powered customer care solution for telecom operators. This technology utilizes generative AI and digital twin models to enhance efficiency and reduce costs in call centers by … Read the full press release

Telefónica, Ericsson, and MATSUKO Bring Holographic Calls to Smartphones with Revolutionary IMS Integration

(IN BRIEF) Telefónica, Ericsson, and MATSUKO have successfully demonstrated the integration of holographic calls directly into smartphone dialer apps using IMS (IP Multimedia Subsystem) Data Channel technology. This Proof-of-Concept enables real-time holographic communication without the need for additional apps, showcasing … Read the full press release

Telstra and Ericsson Unveil Groundbreaking 5G Technology to Revolutionize Mobile Connectivity

(IN BRIEF) Telstra and Ericsson have successfully launched the world’s first deployment of Ericsson’s 4th generation Radio Access Network (RAN) Compute platform, marking a significant advancement in mobile connectivity. This new technology, which enhances speed, reliability, and efficiency, is a … Read the full press release

European Bank for Reconstruction and Development Appoints Angeliki Kalligiannaki as New Head of Greece

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Angeliki Kalligiannaki as its new Head of Greece, starting 1 September. Kalligiannaki, who has been with the EBRD since 2013, will replace Andreea Moraru. She has played a … Read the full press release

Telefónica Strengthens Commitment to Brazil, Plans Continued Expansion in Key Market

(IN BRIEF) Telefónica’s Chairman, José María Álvarez-Pallete, met with Brazilian President Luiz Inácio Lula da Silva to reaffirm the company’s strong commitment to Brazil, one of its key markets. Telefónica, which leads the Brazilian telecommunications market through its Vivo brand … Read the full press release

Vodafone and 1&1 Partner to Expand 5G Access Across Germany with National Roaming Agreement

(IN BRIEF) Vodafone and 1&1 have entered into a long-term national roaming partnership in Germany, enabling 1&1 customers to access Vodafone’s 5G network in areas where 1&1’s own infrastructure is not yet available. This partnership ensures seamless 5G coverage for … Read the full press release

VINCI Energies Expands Cybersecurity Capabilities with Acquisition of Fernao Group

(IN BRIEF) VINCI Energies has acquired Fernao Group, a leading cybersecurity services provider in Germany and Switzerland. This strategic move will enhance VINCI Energies’ Axians brand by expanding its expertise in cybersecurity, IT services, and cloud solutions. Fernao Group, with … Read the full press release

Thales and LTTS Partner to Revolutionize Software Monetization with Sentinel Platform

(IN BRIEF) Thales and L&T Technology Services (LTTS) have expanded their long-standing partnership to enhance software monetization across various industries, including hi-tech, sustainability, and mobility. The collaboration will utilize Thales’s Sentinel software licensing platform, enabling LTTS’s customers to implement flexible … Read the full press release

Elke Anderl Named Chief Commercial Officer to Drive T-Systems’ Growth and Market Leadership in Europe

(IN BRIEF) T-Systems has appointed Elke Anderl as the new Chief Commercial Officer, effective September 1, 2024. She succeeds Urs M. Krämer, who is stepping down. Elke Anderl, a seasoned expert in IT, sales, and service, will oversee global sales … Read the full press release

Turkcell and Ericsson Partner to Trial 5G Cloud RAN, Pioneering Next-Gen Network Flexibility in Türkiye

(IN BRIEF) Turkcell has successfully completed a trial of Ericsson’s 5G Cloud RAN technology, becoming one of the first telecom operators globally to explore this advanced solution. The deployment marks a significant step in Turkcell’s network modernization efforts, enhancing flexibility … Read the full press release

Digi Communications NV announces the release of H1 2024 Financial Results

(IN BRIEF) Digi Communications N.V. has released its H1 2024 financial report, revealing significant growth in revenues and customer base. The company reported consolidated revenues of €921.3 million for the first half of 2024, a 13% increase compared to the … Read the full press release

Digi Communications N.V. announces that conditional stock options were granted to a director of the Company’s Romanian Subsidiary

(IN BRIEF) Digi Communications N.V. announced that on 12 August 2024, it granted 70,000 conditional Class B stock options to a director of its Romanian subsidiary, Digi Romania S.A. This grant is part of a stock option program approved by … Read the full press release

Nokia Achieves Milestone with Self-Certification of Fiber Products for BEAD Compliance

(IN BRIEF) Nokia has become the first technology vendor to self-certify its U.S.-manufactured fiber products as Buy America-compliant for the Broadband Equity, Access, and Deployment (BEAD) program. This certification ensures that operators and infrastructure builders can use Nokia’s certified products, … Read the full press release

Deutsche Telekom Enhances Global IoT Connectivity with Bridge Alliance Membership

(IN BRIEF) Deutsche Telekom’s IoT subsidiary has joined the Bridge Alliance, enhancing global IoT connectivity and simplifying international operations for businesses. This partnership, the first of its kind for a European telecommunications company, allows for seamless IoT integration across Europe … Read the full press release

Digi Communications N.V. announces Investors Call for the presentation of the H1 2024 Financial Results

(IN BRIEF)Digi Communications N.V. will host a conference call on 14 August 2024 at 14:00 UK time / 16:00 EEST (Romania time) to discuss its unaudited H1 2024 financial results. The results will be published the same day at 08:00 … Read the full press release

DBAG Invests in UNITY AG to Enhance Digital Transformation and Consulting Services

(IN BRIEF) Deutsche Beteiligungs AG (DBAG) is acquiring a controlling interest in UNITY AG, a leading consultancy in technology and digital transformation, aiming to leverage UNITY AG’s strong market position and growth potential. The deal, pending regulatory approval, is expected … Read the full press release

Digi Communications N.V. announces the conclusion of a share purchase agreement by its subsidiary in Portugal

(IN BRIEF) On 1 August 2024, Digi Communications’ subsidiary, DIGI Portugal, LDA, entered into a share purchase agreement with LORCA JVCO Limited to acquire 100% of Cabonitel, S.A. for EUR 150 million, subject to customary adjustments and contingent events. Cabonitel … Read the full press release

EIB and Prysmian Join Forces to Enhance Europe’s Energy Infrastructure

(IN BRIEF) The European Investment Bank (EIB) has signed a €450 million finance contract with Prysmian to enhance electricity transmission and distribution in Europe, focusing on renewable energy and offshore wind. The funds will be used to manufacture extra-high-voltage submarine … Read the full press release

Digi Communications N.V. Announces Rating Assigned by Fitch Ratings to Digi Communications N.V.

(IN BRIEF) On July 24, 2024, Digi Communications N.V., a leading European telecommunication services provider, announced that Fitch Ratings has assigned the company a Long-Term Issuer Default Rating (IDR) of ‘BB’ with a stable outlook. This rating reflects the company’s … Read the full press release

Telefónica, Fortinet, Quantum XChange, and Warpcom Unveil Groundbreaking Solution for Quantum Cybersecurity

(IN BRIEF) Telefónica, in collaboration with Warpcom, Fortinet, and Quantum XChange, has introduced a quantum security solution designed to protect against sophisticated quantum cyberattacks. The solution, ready for global production environment testing, ensures robust, adaptable protection across various network infrastructures. … Read the full press release

Ericsson Secures EUR 100 Million Loan from NIB to Advance Wireless Technology Efficiency

(IN BRIEF) Ericsson, a prominent Swedish telecommunications company, has secured a new EUR 100 million loan from the Nordic Investment Bank (NIB) to bolster its research and development efforts aimed at enhancing wireless technology efficiency. This loan, NIB’s second for … Read the full press release

EIB and Poste Italiane Partner for €450 Million Investment to Enhance Digital and Sustainable Logistics

(IN BRIEF) The European Investment Bank (EIB) and Poste Italiane have signed a €450 million finance contract to modernize and digitalize Poste Italiane’s logistics and postal services. This funding will be used to establish new automated parcel sorting centers, including … Read the full press release

Digi Communications N.V. announces significant agreements concluded by the Company’s subsidiaries in Spain

(IN BRIEF) Digi Spain Telecom S.L.U. (“DIGI Spain”) has signed a 16-year national roaming and RAN sharing agreement with Telefónica Móviles España, effective from 1 January 2025. Additionally, a 10-year fixed broadband bitstream wholesale agreement has been concluded. These deals, … Read the full press release

Accenture Acquires Excelmax Technologies to Enhance Silicon Design and Engineering Expertise

(IN BRIEF) Accenture has acquired Bangalore-based semiconductor design services provider Excelmax Technologies, enhancing its expertise in silicon design and engineering. Excelmax, founded in 2019, offers custom silicon solutions for consumer devices, data centers, AI, and edge computing, serving automotive, telecommunications, … Read the full press release

Covestro Advances Circular Economy with Innovative Product Design Solutions

(IN BRIEF) Covestro is championing the circular economy by integrating sustainable design principles into product development. Recognizing the significant environmental impact of product design, Covestro leverages its expertise in high-performance materials to guide customers in adopting circular design practices. Their … Read the full press release

Vodafone Business and LSE Report Highlights Trust Gap Between Businesses and Customers

(IN BRIEF) A joint study by Vodafone Business and the London School of Economics has uncovered a significant “Trust Gap” between businesses and their customers, averaging 11 percentage points across global markets. This gap highlights businesses’ underestimation of the importance … Read the full press release

Digi Communications N.V. announces the availability of the instruction regarding the payment of share dividend for the 2023 financial year

(IN BRIEF) Digi Communications N.V., a leading European telecommunication services provider, has released detailed instructions for the payment of a 1.25 lei per share dividend for the 2023 financial year. The dividend will be paid on 22 July 2024 to … Read the full press release

Digi Communications N.V. announces the granting of conditional stock options to Executive Directors of the Company based on the general shareholders’ meeting approval from 25 June 2024

(IN BRIEF) Digi Communications N.V. has granted conditional stock options to its Executive Directors following the general shareholders’ meeting approval on 25 June 2024. The grants include 80,000 options for Mr. Serghei Bulgac and 60,000 for Mr. Valentin Popoviciu, subject … Read the full press release

Nokia Plans EUR 350 Million Sale of ASN Submarine Networks Business to French State

(IN BRIEF) Nokia has entered into an agreement to sell its Alcatel Submarine Networks (ASN) business to the French State’s Agence des participations de l’Etat (APE) for EUR 350 million. This strategic move aims to streamline Nokia’s Network Infrastructure portfolio, … Read the full press release

Thales Alenia Space Advances ASCEND Study for Space-Based Data Centers in European Green Initiative

(IN BRIEF) Thales Alenia Space has announced significant progress in the ASCEND (Advanced Space Cloud for European Net zero emission and Data sovereignty) feasibility study, funded by the European Commission under Horizon Europe. The initiative explores the viability of space-based … Read the full press release

Digi Communications N.V. announces the OGMS resolutions and the availability of the approved 2023 Annual Report

(IN BRIEF) Digi Communications N.V. held its general shareholders’ meeting (GSM) today, announcing significant resolutions and the availability of its 2023 Annual Report. Key decisions include: Adoption of the 2023 Annual Accounts. Approval of a gross dividend of 1.25 RON … Read the full press release

Thales Alenia Space Launches ASTRA 1P Satellite to Enhance European Broadcast Capabilities

(IN BRIEF) Thales Alenia Space has successfully launched the ASTRA 1P communications satellite from Cape Canaveral, Florida, using a SpaceX Falcon 9 rocket. Designed on the Spacebus NEO platform with all-electric propulsion, ASTRA 1P aims to deliver high-definition TV content … Read the full press release

Ørsted and Nuveen Infrastructure Reach Milestone with First Turbine Installed at Borkum Riffgrund 3 Offshore Wind Farm

(IN BRIEF) Ørsted and Nuveen Infrastructure have achieved a significant milestone with the installation of the first wind turbine at the Borkum Riffgrund 3 offshore wind farm in Germany. Once completed, this 913 MW project will be Germany’s largest offshore … Read the full press release

Accenture to Acquire Italian Network Services Company Fibermind

(IN BRIEF) Accenture has agreed to acquire Fibermind, an Italy-based company specializing in fiber and mobile 5G network deployment and infrastructure engineering services. This acquisition will enhance Accenture’s network services capabilities for clients in telecommunications, utilities, and transportation. Fibermind brings … Read the full press release

Ericsson Secures Two Red Dot Awards for Cutting-Edge Design in 5G Technology

(IN BRIEF) Ericsson has been awarded two Red Dot Awards 2024 for the innovative design and user experience of its Radio 4471 and Streetmacro 6705. The Radio 4471, notable for its ultra-lightweight design, reduces weight by 40%, enhancing deployment efficiency … Read the full press release