Verizon purchased BlueJeans in 2020 for $400 million
Verizon is shutting down its video conferencing service BlueJeans three years after purchasing it for $400 million as a way to bolster its position in the enterprise communications space.
Verizon bought the platform during the COVID-19 pandemic, which...
Dish Network's numbers were down across the board for the second quarter of this year, and it continued to post six-figure losses for both its pay-TV and its wireless subscribers.
Dish saw retail wireless net subscribers drop by about 188,000 in the second quarter,...
Once again, the cable television industry is struggling through another episode of cord cutting. This time, cable TV companies are not only losing pay TV customers, but now they are also starting to lose Internet customers as well. So, what is the next strategy...
In June, AWS announced a $100 million investment to develop a center to help enterprises use generative AI (GenAI), the technology behind OpenAI’s ChatGPT chatbot. The AI innovation center will offer generative AI testing and training services and will be staffed by data scientists, engineers and...
This week's guest, Aysha Khan, the CIO/CISO at Treasure Data, discusses the role of IT in digital transformation, how the COVID-19 pandemic and the shift to remote work impacted this transformation and what enterprises are looking for when it comes to data security.
https://soundcloud.com/rcrwirelessnews/well-technically-compliance-does-not-equal-security-ep-104?si=fec1a60434524a8bb493f54716f1421a&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing
Kirkby, who has been a non-executive director at BT since 2019, will assume the role of CEO at the end of January 2024
Allison Kirkby, the current chief executive of Swedish telecoms company Telia, will leave her post to assume the role of BT’s first female chief...
T-Mobile US reported postpaid phone additions of 760,000 in Q2, the most in a quarter over the past eight years
T-Mobile US had a knockout Q2 2023, reporting postpaid phone additions of 760,000, the most in a quarter over the past eight years and much...
AT&T hit its $6 billion cost-cutting goal ahead of schedule, and is now looking to shave off another $2 billion or more
Despite an only 0.9% year-over-year increase in revenue and a decrease in mobile net adds, AT&T grew its net profit in Q2,...
In Q2 2023, Virgin Media O2 lost 15,300 broadband customers and 1,500 mobile customers
Virgin Media O2 announced plans this week to cut 2,000 jobs, becoming the latest telco to do so in the U.K., following rivals BT and Vodafone, which revealed plans to axe...
Verizon shares rose almost 3% in pre-market trading on Tuesday
Verizon’s Q2 results offered a pleasant surprise, showing a rise in wireless subscriber additions as the carrier’s aggressive 5G build out began to pay off with more users upgrading to the newest network. As a...
Joy King is the Vice President of telecoms cloud company Optiva and leads the company’s Go To Market (GTM) Strategy. She joins RCR Wireless News on the podcast for a deep dive into the changing telecom landscape, detailing how business models are shifting and...
Greetings from Nebraska and Missouri, where we finally cut the ribbon at the historic Fox Theater in Sedalia. We are pleased to be bringing fiber to more than 11,000 homes and businesses in and around Sedalia with additional expansions to be announced. Our reception...
The 5G revolution has sparked a race among communication service providers (CSPs) to maximize return on their significant investments.
To date, the focus has largely been on developing new 5G services and adapting their underlying business support systems (BSS) to support these offerings. However, the...
The global smartphone market declined for the sixth consecutive quarter since 2022, according to the latest data from Canalys
According to the latest data from Canalys, the global smartphone market declined by 11% year-on-year in the second quarter of 2023, due to such low demand that even giants...
Broadcom announced plans to acquire VMware for $61 billion in May 2022
Following a previous delay while regulators in both Europe and the U.S. asked for more time for consideration, Broadcom’s plan to acquire VMware for $61 billion, first announced in May 2022, has received provisional approval...
Over the past four years, Communication Service Providers (CSPs) have merged or sold their network assets to help address the issue of a lack of differentiation and counteract the gradual decline of their stock market valuations. Many have turned to private equity firms to...
In January 2022, Microsoft announced plans to acquire Activision for $68.7 billion
This week saw movement around Microsoft’s ambitions to purchase game publishing giant Activision Blizzard for nearly $70 billion. The U.K.’s Competition and Markets Authority (CMA) extended the deadline for a review of the...
While Network sales declined by 13%, Enterprise sales grew by a 20%, and in total, Ericsson reported $6.3 billion) in sales
Ericsson reported a loss of $65.2 million in its second quarter and shares slid down 8.7%., but said its overall results are “in line with expectations.” Further,...
Broadcom promises continued interoperability with VMware for rival Marvell
Broadcom's proposed $61 acquisition of VMware has the go-ahead from EU regulators—with some caveats, mostly focused on continued interoperability of VMware software with rival vendors such as Marvell.
According to the European Commission, Broadcom's acquisition of...
BT Group CEO Philip Jansen has confirmed plans to leave his role in the next 12 months
After months of rumors, BT Group CEO Philip Jansen has confirmed plans to leave his role in the next 12 months. In March, U.K. newspaper The Mail on Sunday reported...
Nokia said it expects to recognize the revenue related to the latest new agreement with Apple starting in January 2024
Nokia this week announced a new patent cross-license agreement with Apple to replace the current license that is due to expire at the end of...
Facing challenges at every layer of technology and business, operators need a “silver bullet machine gun”
The world of operators is confusing at the moment. Networks are rapidly changing, business models need to change just as rapidly, money is tight and return on the billions...
The collaboration will allow users to easily and more flexibly onboard and manage smart IoT devices on the Helium Network
This week, the Helium Foundation and Deutsche Telekom (DT) announced a new initiative to bring Helium Network connectivity to the IoT Creators platform, which will offer an integrated Helium LNS (LoRaWAN Network Server). This, said the companies, will allow...
IBM said the acquisition of Apptio is a 'continuation of deep focus and investment in hybrid cloud and AI'
IBM this week announced plans to purchase Apptio, a financial and operational IT management and optimization (FinOps) software company, for $4.6 billion. According to IBM, the acquisition...
