Search Results for: telecom

EIB Grants €400 Million Loan for Green Energy Grid Expansion in Thuringia

(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release

Covestro Unveils Innovative Textile Solutions at Techtextil 2024

(IN BRIEF) Covestro, a leading polymer manufacturer, showcases its latest innovations at Techtextil 2024 in Frankfurt. With a focus on sustainability and productivity, Covestro presents four teams highlighting its diverse portfolio, including waterborne INSQIN® products for sustainable textile coatings, Desmomelt® … Read the full press release

Chicony Power Recognizes Infineon as GaN Strategic Partner of the Year

(IN BRIEF) Chicony Power Technology has awarded Infineon Technologies AG the prestigious title of “GaN Strategic Partner of the Year” for 2023. This recognition highlights Infineon’s outstanding contributions as a top partner in gallium nitride (GaN)-based power supplies, particularly in … Read the full press release

Digi Communications N.V. announces share transaction made by an Executive Director of the Company with class B shares

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. CEO, Mr. Serghei Bulgac, sold 35,000 class B shares of the company’s share capital on April 11 and 12, 2024. He notified both the company and regulatory authorities about the transaction, fulfilling all notification requirements. … Read the full press release

Ericsson Chooses SAP IBP to Strengthen Global Supply Chain Efficiency

(IN BRIEF) In a strategic move to enhance operational efficiencies within its extensive global supply chain network, Ericsson, a prominent figure in 5G and communication technologies, has opted for SAP Integrated Business Planning for Supply Chain (SAP IBP) solution. As … Read the full press release

Telefónica’s Economic and Social Impact: Driving Growth and Sustainability

(IN BRIEF) Telefónica continues to make significant contributions to economic and social development, as highlighted in its Consolidated Management Report 2023. The group’s operations generated over €49 billion in Gross Domestic Product (GDP) in countries where it operates, with each … Read the full press release

Thales Alenia Space Secures €522m Contract for ExoMars 2028 Mission

(IN BRIEF) Thales Alenia Space, a joint venture between Thales and Leonardo, has clinched a significant framework contract with the European Space Agency (ESA) worth €522m for the continuation of crucial activities towards the ExoMars 2028 mission. The mission, slated … Read the full press release

Digital Inclusion Initiative: Orange Digital Center Partners with Coursera to Provide Essential Digital Skills Training to Youth in Africa and the Middle East

(IN BRIEF) Orange Digital Center has partnered with Coursera to launch a free high-level certification training program for youth in Africa and the Middle East. The initiative aims to provide essential digital skills training, including areas such as AI, cybersecurity, … Read the full press release

Accenture to Bolster Technology Expertise with Acquisition of CLIMB in Gunma Prefecture

(IN BRIEF) Accenture, a global technology services provider, has announced its agreement to acquire CLIMB, a technology services provider specializing in system integration and IT infrastructure management primarily in Gunma Prefecture, Japan. This acquisition aims to enhance Accenture’s capabilities in … Read the full press release

Digi Communications N.V.: Digi Spain Enters Agreement to Sell FTTH Network to International Investors for Up to EUR 750 Million

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., a European telecommunications leader, announces that its subsidiary in Spain, Digi Spain Telecom S.L.U., has entered into an asset sale and purchase agreement with Sota Investments Spain OpCo, S.L.U. The agreement entails the sale of … Read the full press release

Outokumpu’s Annual General Meeting 2024 Ratifies Board Proposals and Charts Course for Growth

(IN BRIEF) Outokumpu Oyj’s Annual General Meeting held in Helsinki, Finland, endorsed all proposals by the Board of Directors and the Shareholders’ Nomination Board. The meeting approved financial statements, discharged liability for the Board and CEO for the year 2023, … Read the full press release

Atos Appoints Alain Crozier as Independent Director to Board

(IN BRIEF) Atos, amid its ongoing transformation, appoints Mr. Alain Crozier as a new independent director to its Board of Directors until the Annual General Meeting in 2024. With over 30 years of experience in managing and developing international technology … Read the full press release

Ericsson’s Anti-Corruption Compliance Program Receives Independent Certification

(IN BRIEF) Ericsson announced that its anti-corruption compliance program has been independently certified as effective by the compliance Monitor appointed by the U.S. Department of Justice. This certification marks significant progress since the resolution of historical violations of the Foreign … Read the full press release

BT and Zscaler Strengthen Partnership to Deliver Enhanced Managed Security Services

(IN BRIEF) Zscaler, Inc. and BT have announced an expanded partnership to offer a comprehensive suite of managed security services based on the Zscaler AI-driven Zero Trust Exchange™ cloud security platform. BT will become the first global service provider to … Read the full press release

Fraunhofer Showcases AI-Based Healthcare Innovations at DMEA 2024

(IN BRIEF) Fraunhofer experts are at the forefront of developing AI-driven systems to revolutionize healthcare, presenting their latest advancements at the DMEA 2024 trade show. These innovations span various areas, including diagnostics, surgery planning, telemedicine, and data management. From AI-based … Read the full press release

Vodafone’s One for One Initiative: Revolutionizing Mobile Phone Recycling

(IN BRIEF) Vodafone’s One for One initiative, launched in June 2022 in Germany, has made significant strides in mobile phone recycling by promising to recycle an old phone for every new one purchased. Teaming up with Closing the Loop, the … Read the full press release

Prudential plc Appoints Anette Bronder as Chief Technology & Operations Officer to Drive Strategic Objectives

(IN BRIEF) Prudential plc announces the appointment of Anette Bronder to the newly established role of Chief Technology & Operations Officer, effective May 1st, reporting directly to CEO Anil Wadhwani and joining the Group Executive Committee. In this role, Bronder … Read the full press release

Eurojust Coordinates Cross-Border Arrests in Cannabis Trafficking Case

(IN BRIEF) Eurojust has facilitated the collaborative efforts of Swedish and Spanish authorities leading to the arrest of four individuals implicated in the wholesale and transportation of cannabis and other illegal substances. The operation, centered around a main suspect allegedly … Read the full press release

Startical Partners with GOMspace and NanoAvionics for Satellite Testing in Air Traffic Services Venture

(IN BRIEF) Startical, a venture created by ENAIRE and Indra, has announced its collaboration with GOMspace and NanoAvionics to conduct tests on communication and surveillance systems for its future constellation of over 270 satellites, aimed at providing air traffic services … Read the full press release

Vodafone Leads Landing of 2Africa Submarine Cable in Portugal

(IN BRIEF) Vodafone spearheaded the landing of the 2Africa submarine cable, the world’s largest, in Portugal’s Carcavelos, Cascais, bolstering the country’s connectivity to Africa and beyond. The 2Africa project, launched in May 2020, aims to enhance internet connectivity between Africa, … Read the full press release

Ericsson and Umniah Forge AI-Powered Network Revolution in Jordan

(IN BRIEF) Ericsson, in collaboration with Umniah, is set to transform network performance in Jordan by deploying its cutting-edge Cognitive Software portfolio. This partnership aims to optimize Umniah’s network, particularly in key areas like Amman, utilizing Artificial Intelligence (AI) and … Read the full press release

NIB Supports Nefab Group’s Expansion with EUR 50 Million Loan Agreement

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release

Thales Alenia Space Chosen by ESA to Lead European Consortium for Harmony Mission

(IN BRIEF) Thales Alenia Space has been selected by the European Space Agency (ESA) to spearhead a wide-ranging European industrial consortium for the Harmony mission, leveraging its extensive expertise in radar-based Earth observation satellites. This partnership aims to develop the … Read the full press release

Infineon Launches OptiMOS™ 6 200 V MOSFETs, Revolutionizing Motor Drive Applications

(IN BRIEF) Infineon Technologies AG introduces the OptiMOS™ 6 200 V MOSFET product family, designed to revolutionize motor drive applications like e-scooters, micro-EVs, and E-forklifts. This new portfolio boasts enhanced technical features compared to its predecessor, including a 42% lower … Read the full press release

Supporting American Connectivity: Bekaert’s Messenger and Guy Strand Meets NTIA Buy America Guidelines

(IN BRIEF) Bekaert, a leading provider of innovative steel wire products, proudly announces its compliance with the NTIA Buy America guidelines for its messenger and guy strand product used in telecommunications infrastructure. This high-performance steel wire solution, manufactured at Bekaert’s … Read the full press release

University of Bristol Secures £57 Million Funding Boost for Cutting-Edge Research Centers

(IN BRIEF) The University of Bristol has received a substantial £57 million funding injection from UK Research and Innovation (UKRI) and its Engineering and Physical Sciences Research Council (EPSRC) to establish nine Centres for Doctoral Training (CDTs). These centers will … Read the full press release

Thales Alenia Space Selected for Mars Ice Mapper Communications Development

(IN BRIEF) Thales Alenia Space has been contracted by the Italian Space Agency (ASI) to develop the communications subsystem for the International Mars Ice Mapper (I-MIM) mission. The mission aims to identify and measure water ice on Mars. Thales Alenia … Read the full press release

Vattenfall’s Women Lead the Charge: Progress and Promises for Gender Diversity in Energy

(IN BRIEF) In the midst of International Women’s Day celebrations, Vattenfall, a key player in the energy market, showcases its commitment to gender diversity and equality. With women outnumbering men in top-level management, including the CFO Kerstin Ahlfont, Vattenfall highlights … Read the full press release

Cybersecurity across Europe in the last quarter: Post-Quantum Cryptography, 6G Network and Cloud Security

(IN BRIEF) In the last quarter (1 Dec 2023 – 1 Mar 2024), Europe’s cybersecurity scene was marked by significant strides, with Thales and Ericsson leading initiatives to enhance digital security. Thales’ TrustNest R-Cloud received European Restricted certification, bolstering secure … Read the full press release

Innovation Fuels Telefónica’s 8.6% Energy Consumption Reduction

(IN BRIEF) Telefónica, a leading telecommunications company, has significantly improved its energy efficiency through technological innovations despite a surge in data traffic. Since 2015, Telefónica reduced its energy consumption by 8.6% while traffic multiplied by 8.6 times. The company’s Autonomous … Read the full press release

Optus Trials Ericsson’s Multi-Operator Radio Dot System for Enhanced Indoor 5G Connectivity

(IN BRIEF) Optus, a leading Australian telecom operator, has conducted successful trials of Ericsson’s high-capacity wideband multi-operator Radio Dot System, positioning itself at the forefront of indoor 5G connectivity innovation. The system promises to deliver high-speed, ultra-low latency, and reliable … Read the full press release

Vodafone and Intel Strengthen Alliance to Optimize Open RAN Algorithms

(IN BRIEF) Vodafone and Intel are extending their collaboration to optimize advanced algorithms for Open Radio Access Networks (RAN) platforms, focusing on enhancing performance and reducing energy consumption. This expansion builds upon their existing research partnership centered in Málaga, Spain, … Read the full press release

The European companies at MWC Barcelona 2024: AI, 5G, VR, XR, Cybersecurity, Digital Transformation, Entertainment, etc.

(IN BRIEF) At the Mobile World Congress (MWC) Barcelona 2024, European companies showcased a wide array of innovations and strategic partnerships that underscored their commitment to driving digital transformation and enhancing connectivity across various sectors. The key topics discussed by … Read the full press release

Orange MEA Partners with Tencent Cloud to Enhance Max it Super-App Ecosystem

(IN BRIEF) Orange Middle East & Africa (OMEA) has forged a strategic alliance with Tencent Cloud, the cloud arm of global tech giant Tencent, to enhance its super-app Max it and expand its service offerings across the Middle East and … Read the full press release

Telefónica Partners with Fini Company for Extensive Digital Transformation

(IN BRIEF) At Mobile World Congress (MWC) 2024, Telefónica announced a strategic partnership with the Fini Company, Spain and Brazil’s leading candy manufacturer, aiming to revolutionize their operations through digitalization over the next three years. Dubbed ‘Fini360º Digitization,’ the project … Read the full press release

Deutsche Telekom Unveils Network-Based Cybersecurity Solutions at Mobile World Congress

(IN BRIEF) At the Mobile World Congress in Barcelona, Deutsche Telekom (DT) introduces “Magenta Security on Net,” a new line of network-based security products designed to protect customers from the growing threats of cybercrime while on the go. These innovative … Read the full press release

Orange and BNP Paribas Forge Partnership for Seamless Banking Experience Across France and Spain

(IN BRIEF) In a significant move towards enhancing customer service, Orange and BNP Paribas have finalized agreements following exclusive negotiations initiated in June 2023. The partnership entails various arrangements aimed at providing banking continuity and innovative solutions for Orange Bank … Read the full press release

Digi Communications NV announces the release of the 2023 Preliminary Financial Results

(IN BRIEF) Digi Communications NV has released its 2023 Preliminary Financial Results, which are now available on the company’s website. Alongside the release, a conference call is scheduled for 28th February 2024 to discuss these results, hosted by CEO Mr. … Read the full press release

EBRD Reinforces Commitment to Türkiye’s Tech Sector with Follow-On Investment in Dgpays

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has solidified its support for Türkiye’s burgeoning technology sector by investing in Dgpays, a rapidly expanding tech firm. Partnering with Truffle Capital, the EBRD’s follow-on investment in Dgpays underscores its … Read the full press release

Orange Business and Cisco Forge Partnership to Drive Greenhouse Gas Emission Reductions

(IN BRIEF) Orange Business and Cisco have entered into a Memorandum of Understanding (MoU) to jointly tackle greenhouse gas (GHG) emissions, furthering their commitment to sustainability. The agreement entails collaboration on creating an emissions baseline, implementing circular economy practices, and … Read the full press release