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Boingo Wireless aims to digitally transform public infrastructure with 5G, Edge and Cloud

Key Signals in Telecommunications

Center setup and Expansion
Ericsson launches Global Utilities Innovation Center
The new fully functional facility consists of a purpose-built operating lab and demo environment locations. These will allow utilities to engage with Ericsson and its partners to solve real-world connectivity challenges. Read More>>
Deal
Telecom Egypt and Etisalat Misr strike deal worth USD 912 Mn
The commercial and strategic agreements cover infrastructure, access, and voice services, allowing Etisalat to provide premium services to customers throughout Egypt over Telecom Egypt’s network. Read More>>
Partnerships
Kyndryl and Cisco to partner to enable and deliver digital transformation
The partnership aims to accelerate digital transformation for enterprise clients. The new partnership extends from a prior relationship between the two companies. Read More>>
Ericsson Emodo, CKDelta partner to improve performance for Asia Advertisers
In collaboration with CKDelta, Emodo will introduce solutions in Hong Kong and across the Asia and Pacific region that empower marketers with relevant, privacy-centric solutions that optimize ad effectiveness and ROI. Read More>>
Mergers and Acquisitions
NTT Data acquires Digital Strategy Consulting Firm Postlight
The Postlight deal aligns with earlier NTT Data acquisitions such as Nexient and Vectorform which focused on digital application development, modernization, and customer experience capabilities. Read More>>
Executive Movement
Windstream Enterprise selects Lumen, Verizon veteran as New CRO
Michael Fiacco will enhance Windstream’s commitment to technological innovation and superior customer service. He has 20 years of experience in telecommunications sales, technology, and operational innovation. Read More>>
MTN appoints former Millicom CFO to its board
Tim Pennington, who becomes a non-executive member of MTN Group board, served as CFO at Millicom from 2014 until his resignation in March 2022. Read More>>
Financial and Market Activity
IDT Fiscal Q3 Earnings Snapshot
The company reported fiscal third-quarter earnings of USD 4.8 Mn. The telecommunications company posted revenue of USD 328.4 Mn in the period. Per-share earnings were 23 cents. Read More>>

Latest Industry Insights from Draup Braindesk

  • Vodafone Italy focuses on accelerating the roll-out of new digital services, using one scaled platform for networks and IT systems to implement and manage new software, applications, and processes. 
  • Vodafone focuses on enhancing the spread of ultra-broadband services based on 5G fixed wireless access technology. 
  • Vodafone intends to digitize its production plants, monitor input/output data in real-time and obtain information of operation and status of plants to make development decisions.   

Key Funding Alert

Charter Communications invests USD 1 Mn in Community Works 
Charter’s investment in Community Works supports small businesses in South Carolina region by providing them access to much-needed low-interest capital. Read More>>

Startup Spotlight

Company – Talk360
Total Funding – USD 4 Mn
About: Talk360 is a single purpose app that is understandable for everyone as it resembles the use of a regular mobile phone. Talk 360 connects the online and offline world with their platform and serves both with unique mobile services and fintech use cases across the globe. Read More>>

Latest Reports Published in Draup

Boingo Wireless, Inc. – Account Intelligence Report: 
Boingo Wireless aims for the digital transformation of airports, stadiums, and large businesses with 5G, advanced edge computing, and cloud technologies. Read More>>
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