Daily telecommunications news for global communications professionals.
207 followers 31 articles/week
Vodafone looks to sell $2.3 billion Indus Towers stake 

News Bank of America, Morgan Stanley, and BNP Paribas have been hired to manage the sale in the Indian market    Vodafone is seeking to sell its 21.5% stake of India’s Indus Towers, which is worth around $2.3 billion, sources familiar with the matter told Reuters.  The sources said that the final stake sale remains undecided, but could be lower...

Fri Jun 14, 2024 17:22
BT pushes back against Vodafone–Three merger 

News  This week, the Competition and Markets Authority (CMA) has published ten responses to an issues statement that was released in May, which invited parties to provide submissions commenting on the issues and possible remedies for the merger Among them is the response from UK incumbent BT, who released a 40-page report. The company claims that...

Fri Jun 14, 2024 13:21
IOH and Google Cloud renew AI Native TechCo alliance

Press Release The collaboration will advance Indosat’s AI Native TechCo vision, empowering it to better serve more than 100 million customers across its B2B and B2C segments Companies to develop enterprise-grade AI solutions for customer service modernization, dynamic content generation and hyper-personalization, geospatial analytics and predictive...

Fri Jun 14, 2024 12:24
T-Mobile selected for decade-long $2.67 billion US Navy contract

News A contract worth billions of dollars will provide U.S. Navy agencies with T-Mobile equipment for years to come This article was originally released by our sister publication Broadband Communities T-Mobile has been selected for a $2.67 billion defence contract that will make them a wireless solutions provider for the U.S. Navy for the next decade....

Thu Jun 13, 2024 18:21
SK Telecom invests $10m in gen AI search engine Perplexity 

News The platform aims to be a Google rival, having already received backing from the likes of Nvidia and Amazon boss Jeff Bezos  South Korean telco SK Telecom has announced today that it will invest $10 million in US-based generative AI search engine start up Perplexity.  The two companies will collaborate to further develop Perplexity’s GenAI search...

Thu Jun 13, 2024 16:55
Carlos Slim acquires a 3% stake in BT

News Slim and his family own and manage América Móvil, one Latin America’s largest telcos Mexican billionaire Carlos Slim has bought a 3.16% share of BT for roughly £400 million, making him one of the company’s largest shareholders. The share was purchased through Slim’s financial company, Inbursa, and two other group companies. Slim is now the...

Thu Jun 13, 2024 14:01

Build your own newsfeed

Ready to give it a go?
Start a 14-day trial, no credit card required.

Create account