Vodafone said that e& currently owns 3.94 billion voting rights in the company
U.K.-based Vodafone Group said Emirates Investment Authority, which operates under the e& brand, has raised its shareholding in the company and now owns 15.01% of its voting rights.
In a filing, Vodafone said...
Anthropic said it will work with SK Telecom to fine-tune its AI model Claude to specific telco use cases
Korean telco SK Telecom announced an additional investment of $100 million in Anthropic, an AI safety and research company based in San Francisco, California.
This new investment...
Cohere Technologies has developed Universal Spectrum Multiplier (USM) software for existing networks and Open Radio Access Networks
U.S. network software firm Cohere Technologies announced it has received investment funding from Bell Ventures, which is the corporate venture capital arm of Canadian telco Bell.
Cohere Technologies...
Teridion Technologies provides multi-cloud WAN systems to connect business premises to cloud centers
Deutsche Telekom has invested $25 million in Teridion Technologies, a cloud connectivity software start-up that the operator has been working with since early 2022, to strengthen its connectivity offering to enterprises.
Per...
The investment is thought to be a response to an unprecedented revenue slowdown for Alibaba
In an effort to combat a historical slowdown, Alibaba has revealed a $1 billion investment to support its international cloud computing customers and partnerships. The investment, which will be injected...
Singtel is increasing its investment in Intouch Holdings, which is the parent company of Thai carrier AIS
Singapore telecommunications operator Singtel is increasing its stake in Thai operator Advanced Info Services (AIS) through a new investment by its subsidiary Singtel Global Investments.
In a release, Singtel...
Verizon is allocating an additional $149 million to Florida and will build more than 3,500 new network solutions
According to The Palm Beach Post, more than 547,000 people have traded their out-of-state driver’s licenses during 2021 for one from Florida. This, the news outlet...
Smart city spending will jump by almost a fifth in 2020, with the biggest city protagonists in the space set to spend at least $1 billion each. The big opportunity for vendors, however, is with cities with digital-change budgets of $1 million, not $1...
Within the telecom industry, views differ widely on the scale of the IoT investment opportunity
Asked at a recent conference when the "Internet of Things" will make a material difference to his company’s financial performance, the CEO of one major telecom operator replied: “Not in my tenure.”
That...
Within the telecoms industry, views differ widely on the scale of the IoT investment opportunity
Asked at a recent conference when the Internet of Things (IoT) will make a material difference to his company’s financial performance, the CEO of one major telecoms operator replied: “Not in my...
LTE expansion is primary goal of investment
Spanish group Telefónica has announced two major investments in Peru and Argentina. The Telco confirmed that it will invest approximately $2 billion in 2015-17 to deploy telecom infrastructure throughout Peru.
During a visit to the country, César Alierta, Telefónica's president, reinforced...
Between 2006 and 2013, telecom investment by seven major European operators, including such giants as Orange, Deutsche Telecom and Vodafone, fell 5%. In contrast, the four U.S. operators – AT&T, Verizon Communications, Sprint and T-Mobile US – increased investment by 39%. French media outlet Les Echos...
Argentina's new telecommunications and information services bill has passed the lower house of congress. The digital bill – which defines new information technology as a public service, broadening the concept of Internet access – drew strong criticism from opposing members, who claim it favors monopolies. The measure passed the upper...
There’s been a lot of buzz in the news lately about the London startup scene for tech. It seems things are really taking off for London.
The latest news focuses on the launch of a $140 million fund aimed at series A funding for European...
Brazil’s government has approved a tax break program that exempts companies from several federal taxes related to investment in telecommunications networks. A total of 1,400 projects are expected to fall under the tax relief program, totaling almost U.S.$2.67 billion (R$6 billion) in tax exemptions. The...
Mexico’s telecommunications sector grew 12.5% during the first quarter of 2013 compared to the same period of 2012, according to Telecommunications Sector Production Index data. The telecom sector grew more than the Mexican GDP, which grew .8% for the period. The report, released by...
Telecom Italia's Brazilian unit, TIM, announced that it will invest U.S.$5.41 billion from 2013 to 2015, focusing on increasing its customer base, expanding 3G coverage and improving service quality.
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The company recently announced a new CEO and released...
Telefónica announced that the company will invest approximately U.S.$791 million (Bs3.4 billion) in its Venezuelan unit during 2013—an increase of 47% compared to 2012. The investment will focus on the installation of 1,525 nodes, tripling the company's fiber deployment throughout the country and acquiring...
The Argentinean unit of Spain-based carrier, Telefónica, announced that it will invest about $2.042 billion (10,000 million pesos) over the two-year period of 2013-2014. Investments will focus on developing communication services and expanding the company's data-customer base, as well as increasing broadband capacity, expanding...
The software giant Microsoft announced it will invest U.S.$98.24 million (R$200 million) focused on research, development and innovation in Brazil. The company said it will boost national competitiveness, while unveiling a series of planned initiatives to establish an advanced technology laboratory (ATL) located in Rio de...
After releasing positive third quarter results, the giant Latin American telecom group América Móvil released its forecast of U.S.$10 billion in investments during 2013—an amount similar to the amount in 2012.
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The main purpose of the...
The LTE journey has begun in Mexico. Telefónica’s Movistar brand has begun deploying LTE across the country, with initial launch plans to cover the areas of Polanco, Ciudad de México; Zapopan, Jalisco; and San Pedro, Nuevo León. The announcement was made by Juan Antonio...
ETB (Empresa de Telecomunicaciones de Bogota), a Colombian state-owned telecommunication company, plans to issue U.S.$600 million in bonds in international capital markets to fund the expansion of its fiber optic network, according to the local media which cited Bogota's mayor, Gustavo Petro.
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The Venezuelan wireless company Movistar, a unit of the Spanish group Telefónica, announced it is increasing its infrastructure investment in 2012 to U.S.$535 million (Bs.2.300 million). It has also been awarded 20 MHz in the 1900 MHz spectrum band.
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