Search Results for: telecom

Alstom to Revolutionize Bengaluru Metro with Advanced CBTC Signalling System

(IN BRIEF) Alstom, a global leader in smart mobility solutions, has secured a significant contract with Bengaluru Metro Rail Corporation (BMRCL) for Phase 2 expansion. Valued at 96.2 million euros, the contract includes implementing a fully automated CBTC signalling system … Read the full press release

Industry Giants Join Forces to Transform Discarded Tires into Sustainable Automotive Plastics

(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release

Deutsche Telekom Strengthens Majority Stake in T-Mobile US Through SoftBank Agreement

(IN BRIEF) Deutsche Telekom has announced its acquisition of approximately 6.7 million additional shares in its subsidiary, T-Mobile US (TM US), through a strategic agreement with SoftBank from Japan. This move comes as Deutsche Telekom exercises call options on TM … Read the full press release

Next-Gen Broadcasting: RTL Deutschland Implements Cutting-Edge 5G Solution with Deutsche Telekom

(IN BRIEF) Deutsche Telekom has collaborated with RTL Deutschland to implement a private 5G campus network, marking RTL as the first German media company to adopt its own 5G standalone (5G SA) network. This innovative move enhances TV production flexibility … Read the full press release

Orange Cybersecure Initiative to Combat Rising Cyber Threats in France

(IN BRIEF) Orange CEO Christel Heydemann announced the forthcoming launch of Orange Cybersecure, a groundbreaking cybersecurity solution set to debut on June 6th. Leveraging Orange Cyberdefense’s expertise, the initiative aims to combat internet and telephone fraud by offering accessible protection … Read the full press release

Digi Communications N.V. announces the conclusion of a Senior Facility Agreement by companies within Digi Group

(IN BRIEF) On June 3, 2024, Digi Communications N.V. announced that it, along with its Romanian subsidiary Digi Romania S.A. and Digi Spain Telecom S.L.U., has finalized a Senior Facility Agreement. This agreement includes a term loan of EUR 150 … Read the full press release

Haier Europe Partners with Orange Business to Drive Innovation and Sustainability

(IN BRIEF) Haier Europe, a leading global appliances company, partners with Orange Business to drive innovation and sustainability. Through this collaboration, Haier aims to optimize resource consumption, extend product lifespan, and establish itself as a data-driven enterprise offering smart home … Read the full press release

Orange Announces Unprecedented Initiative: Free 5G Access for All Customers During Paris 2024 Olympics

(IN BRIEF) In an unprecedented move, Orange announces an exceptional initiative to enhance connectivity for its customers during the Paris 2024 Games. From June 3 to September 8, 2024, all 4G consumer and business customers will have access to Orange’s … Read the full press release

Ericsson and Telcaria Collaborate to Enhance Energy Efficiency in 5G Networks

(IN BRIEF) Ericsson and Telcaria have joined forces to improve the energy efficiency of 5G networks as part of the ‘6G DAWN’ project overseen by CTTC and funded under Spain’s government initiatives. Focused on optimizing private 5G networks for reduced … Read the full press release

XL Axiata Partners with Ericsson to Deploy Dual-Mode 5G Core, Paving the Way for Enhanced Connectivity in Indonesia

(IN BRIEF) XL Axiata collaborates with Ericsson to introduce its dual-mode 5G Core solution, marking a significant advancement in Indonesia’s telecommunications landscape. This innovative technology seamlessly integrates 4G and 5G services into a single, cloud-native core network, ensuring operational efficiency … Read the full press release

Infineon Showcases Cutting-Edge Solutions for Green and Digital Transformation at PCIM Europe 2024

(IN BRIEF) Infineon Technologies AG is set to unveil its latest semiconductor, software, and tooling solutions at PCIM Europe 2024, focusing on driving decarbonization and digitalization. The showcase will highlight Infineon’s extensive power electronics portfolio, covering silicon (Si), silicon carbide … Read the full press release

Digi Communications N.V. announces the agreements concluded by Digi Romania (formerly named RCS & RDS S.A.), the Romanian subsidiary of the Company

(IN BRIEF) Digi Communications N.V., a prominent European telecommunications company listed on the Bucharest Stock Exchange, has announced a significant preliminary agreement by its Romanian subsidiary, Digi Romania (formerly RCS & RDS S.A.). On May 27, 2024, Digi Romania signed … Read the full press release

Valokuitunen: Transforming Finland’s Fiber Landscape with CapMan Infra and Telia Company

(IN BRIEF) CapMan Infra and Telia Company’s joint venture, Valokuitunen Oy, has emerged as the leading fibre-to-the-home (FTTH) provider in Finland, witnessing exponential growth from 20,000 to over 300,000 households within a few years. The company’s success is attributed to … Read the full press release

BT Group Partners with Degreed to Revolutionize Workplace Learning with AI-Powered My Campus Platform

(IN BRIEF) BT Group has collaborated with data-driven learning specialists Degreed to introduce its AI-enhanced My Campus platform, aimed at providing personalized learning experiences for its employees. Over the past year, BT Group has been implementing My Campus as its … Read the full press release

Ericsson Unveils Innovative 5G Toolkit and Use Cases at Imagine Live Roadshow

(IN BRIEF) Ericsson has introduced a new software toolkit to enhance 5G Standalone network capabilities, enabling premium services with differentiated connectivity, showcased at the Ericsson Imagine Live Roadshow. The toolkit addresses the increasing demands on network capacity and performance by … Read the full press release

BT Group Updates Timeline for Transitioning Customers to Digital Landlines, Prioritizing Safety and Vulnerable Users

(IN BRIEF) BT Group has revised its timetable for transitioning all customers from the Public Switched Telephone Network (PSTN) to digital landlines, aiming to enhance safety and support vulnerable users during the process. This initiative, in collaboration with partners and … Read the full press release

BKW Secures CHF 1 Billion Credit Facility, Preemptively Refinances Existing Loans

(IN BRIEF) BKW, a Swiss energy company, has announced the agreement of a new unsecured, committed revolving credit facility amounting to CHF 1 billion, effectively refinancing its previous syndicated loans of CHF 2 billion ahead of schedule. The decision follows … Read the full press release

Deutsche Telekom Reports Robust Growth in Q1 2024

(IN BRIEF) Deutsche Telekom’s upward trajectory continues as it announces a successful start to 2024. The telecom giant witnessed a 1.6 percent organic increase in net revenue, reaching €27.9 billion, with service revenues soaring by 4.1 percent to €23.5 billion. … Read the full press release

Digi Communications N.V. reports consolidated revenues and other income of EUR 447 million, adjusted EBITDA (excluding IFRS 16) of EUR 140 million for Q1 2024

(IN BRIEF) Digi Communications NV reported a strong performance in Q1 2024, with consolidated revenues and other income rising by 12% year-on-year to EUR 446.7 million. The adjusted EBITDA (excluding IFRS 16 impacts) increased by 23.4% to EUR 139.9 million. … Read the full press release

Digi Communications announces the conclusion of Facilities Agreements by companies from Digi Group

(IN BRIEF) Digi Communications has announced the finalization of two export credit facilities agreements totaling EUR 117,158,657.37 by RCS & RDS S.A. (its subsidiary in Romania) and Digi Spain Telecom S.L.U. The agreements aim to finance the purchase of goods … Read the full press release

Digi Communications N.V. Announces the convocation of the Company’s general shareholders meeting for 25 June 2024 for the approval of, among others, the 2023 Annual Report

(IN BRIEF) Digi Communications N.V., a major European telecom company, has scheduled its general shareholders meeting (GSM) for June 25, 2024, to discuss various key matters including the approval of the 2023 Annual Report and the distribution of dividends. The … Read the full press release

Digi Communications NV announces Investors Call for the presentation of the Q1 2024 Financial Results

(IN BRIEF) Digi Communications N.V., a prominent European telecommunications company, will host a conference call on May 15, 2024, at 14:00 UK time / 16:00 EEST to discuss its Q1 2024 financial results. The unaudited financial results will be published … Read the full press release

Ericsson and Umniah Sign MoU to Expand 3G and 4G Network in Jordan

(IN BRIEF) Ericsson and Umniah have inked a memorandum of understanding (MoU) to extend the 3G and 4G network in major Jordanian cities. The expansion, facilitated by Ericsson Radio System products and solutions, utilizes 10 megahertz (MHz) of spectrum, enhancing … Read the full press release

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

Digi Communications N.V. to distribute approx. RON 120 million in dividends, setting the dividend per share for 2023 at RON 1.25, a 25% YoY increase Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year … Read the full press release

Digi Communications N.V. announces the availability of the Romanian version of the 2023 Annual Report

Digi Communications N.V. announces the availability of the Romanian version of the 2023 Annual Report

(IN BRIEF) Digi Communications N.V. announces the availability of the Romanian version of its Annual Financial Report for the year ended December 31, 2023. Shareholders and investors can access the report on the company’s website under the “Investor Relations” section. … Read the full press release

DNB and Ericsson Spearhead 5G-Driven Digitalization for Malaysian Enterprises

(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson are joining forces to accelerate the digitalization of enterprises in Malaysia through a pioneering program leveraging the country’s world-leading 5G network. The initiative, formalized through Memorandums of Understanding (MoUs), involves key industry … Read the full press release

Digi Communications N.V. announces the availability of the 2023 Annual Report

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V. has released its 2023 Annual Report, now available on the company’s website. Shareholders and investors can access the report for the year ended December 31, 2023, through the Investor Relations section. For further details, inquiries … Read the full press release

CEOs and Investors Navigate Shifting Economic Terrain: Outlook Revealed in EY CEO Pulse Survey

(IN BRIEF) The latest EY CEO Outlook Pulse survey reveals a nuanced perspective among CEOs, with two-thirds expressing optimism for revenue and profit growth despite economic challenges. Prioritizing investments in technology, data management, and cybersecurity reflects a strategic pivot towards … Read the full press release

Accenture Enhances Japanese Presence with CLIMB Acquisition, Bolstering Digital Transformation Capabilities

(IN BRIEF) Accenture has finalized the acquisition of CLIMB, a technology services provider renowned for its system integration and IT infrastructure management expertise, particularly in Gunma Prefecture. This strategic move, initially announced on April 8, 2024, brings approximately 230 professionals, … Read the full press release

Vodafone Joins LF Edge, Introduces Innovative Edge Computing Applications

(IN BRIEF) Vodafone has become a Premier member of LF Edge, an organization under the Linux Foundation focused on advancing edge computing globally. With this membership, Vodafone aims to actively contribute to LF Edge’s governance and drive the development of … Read the full press release

Vodafone and Nokia Complete Successful Open RAN Trial in Northern Italy

(IN BRIEF) Vodafone and Nokia have concluded a successful three-month Open RAN trial in the Alpine towns of Arcisate and Sernio, Italy, leveraging a live 5G standalone (5G SA) test network. The trial showcased impressive results, achieving gigabit download speeds … Read the full press release

Korean-German Partnership Accelerates Battery and Semiconductor Innovations

(IN BRIEF) A collaboration program funded by the Korean Ministry of Trade, Industry and Energy (MOTIE) aims to expedite advancements in battery cell and semiconductor technology through international partnerships. Fraunhofer-Gesellschaft, with eight of its institutes, has partnered in Germany to … Read the full press release

Finnvera Backs Nokia’s $1.5 Billion 5G Deal with India’s Reliance Jio

(IN BRIEF) Finnvera, Finland’s export credit agency, has granted Nokia’s 5G deliveries a buyer credit guarantee worth USD 1.5 billion, marking one of its largest financing arrangements in history. The deal supports Nokia’s pivotal role in India’s 5G revolution, where … Read the full press release

Vodafone and Google Partner to Streamline Cloud Connectivity for Businesses

(IN BRIEF) Vodafone has announced a collaboration with Google aimed at simplifying cloud connectivity for businesses. This partnership involves the creation of one of the largest cloud-based software-defined wide area networks (SD-WANs) globally, providing customers with a virtual overlay on … Read the full press release

JT Group Leads the Charge Against Financial Fraud with Vodafone’s Scam Signal

(IN BRIEF) JT Group Limited has emerged as the first Channel Partner to offer Vodafone’s Scam Signal, a groundbreaking service designed to fortify fraud defenses for financial institutions. Developed by Vodafone Carrier Services, Scam Signal aims to combat impersonation scams, … Read the full press release

Covestro and Chaoyang University of Technology Join Forces for Environmental Education

(IN BRIEF) In a significant collaboration for Earth Day 2024, Covestro Taiwan and Chaoyang University of Technology have signed a Corporate Social Responsibility (CSR) plus University Social Responsibility (USR) MOU. This partnership expands their existing cooperation to develop an environmental … Read the full press release

GTT Group Names Jean-Baptiste Choimet as New CEO, Maintains Philippe Berterottière as Chairman

(IN BRIEF) The GTT Group has announced the appointment of Jean-Baptiste Choimet as its new Chief Executive Officer effective June 12, 2024. Currently serving as a member of GTT’s Executive committee and Managing Director of Elogen, a subsidiary specializing in … Read the full press release

Deutsche Telekom Dominates Connect Readers’ Polls in Spring 2024

(IN BRIEF) In the latest Connect readers’ poll, Deutsche Telekom emerged as the undisputed leader across various categories in the telecommunications sector. Garnering over 90,000 votes, Deutsche Telekom clinched top honors in mobile network operation, fixed network provision, IPTV service, … Read the full press release

Tech Titans Unite: Paving Europe’s Digital Future

(IN BRIEF) Ericsson, alongside industry giants Nokia, IBM, Intel, and Vodafone, issues a rallying call to European policymakers, urging urgent action to ensure the region’s competitiveness in the digital economy. Ahead of the D9+ group meeting in Dublin, the companies … Read the full press release

Leading Tech Giants Advocate for EU Digital Competitiveness

(IN BRIEF) In a joint statement, Ericsson, IBM, Intel, Nokia, and Vodafone urged policymakers to prioritize Europe’s digital competitiveness, emphasizing the need for a true Digital Single Market, investment in advanced connectivity, and tailored regulatory frameworks. The companies highlighted five … Read the full press release