Key Signals in Telecommunications
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Centre Setup and Expansion
Ooredoo opens Express Shop in Dakhira
Ooredoo inaugurated a new Express Shop to further expand its extensive retail network. The new shop joins a wide retail network that includes a range of shops, from Express Shops to full Ooredoo shops across Doha and beyond. Read More>>
Product Launch
D-Link launches D-View 8 Network Management System
D-Link launched two versions of its new D-View 8 Network Management System, the Standard Edition (DV-800S) and the Enterprise Edition (DV-800E). As networks become larger and more complex to manage, D-View 8 provides network administrators with a clear choice with its advanced features and a best-in-class visual representation of your private, local, or global network deployments. Read More>>
Deal
Lumen to modernize US DoD Communications
The US Defense Information Systems Agency has awarded the company a USD 223 Mn contract to modernize the US Department of Defense’s communication capabilities. The agreement features a one-year base period, a three-year additional option, and a six-month extension. Read More>>
Partnership
Mobily continues LEAP 2023 with partnership announcements and MoU signings across digital transformation and investment
Mobily unveiled a series of agreements and partnerships across a wide range of technology fields, such as online marketplaces, CSR, cybersecurity, infrastructure, cloud, and more, on Day Three of LEAP 2023. Highlights on day three for Mobily are announcements of new MoU with Bitqaty, Cisco as well as government-related entities such as the SDAIA. Read More>>
Executive Movements
SaskTel announces retirement of president and CEO
SaskTel’s President and CEO, Doug Burnett, plans to retire at the end of May or early June, allowing a smooth transition. The executive search to select a new president and CEO will begin shortly. Read More>>
Strömberg steps down at Telia Company
Telia Company confirms that Dan Strömberg, senior vice president, head of LED, and CEO of Telia Lithuania, is to retire this summer. Strömberg will remain as head of LED and a Group Executive Management team member until his retirement this summer. Read More>>
Consolidated Communications hires Gaurav Juneja as President of Consumer Business
As president, Juneja will lead Fidium’s consumer go-to-market strategy, including sales, marketing, end-user experience, and support. Juneja will drive the company’s continued fiber expansion, including where Fidium’s services will impact the company and consumers. Read More>>
Financial and Market Activity
Millicom Q4 revenue up 10.1%
Milicom’s revenue was up 10.1% YoY to USD 1.38 Bn, and operating profit increased 17.2% to USD 203 Mn, reflecting the Guatemala acquisition. Service revenue was up 2.3% to USD 1.15 B, organically fueled by broad-based growth across business lines and countries. Read More>>
Tata Teleservices Q3 net loss narrows to INR 279.79 Cr (USD 33.7 Mn)
Tata Teleservices narrowed its net loss in the third quarter on lower operating expenses and marginally lower finance costs and depreciation. The net loss for the same quarter last fiscal year was INR 302.30 Cr (USD 36.47 Mn). Read More>>
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Latest Industry Insights from Draup Braindesk
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Startup Spotlight
Company – UTVATE
Total Funding – USD 13.59 Mn
About: UTVATE unlocks satellite internet capacity through user terminal innovation. With advanced user terminal solutions, homes, businesses, or moving platforms like cars, airplanes, or ships can get uninterrupted connectivity. Read More>>
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Latest Reports Published in Draup
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Here’s what’s new on our Sales Intelligence Platform
Introducing Account Priorities View in Business Intentions
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Identify account priorities quickly with the refreshed new view of Business Intentions.
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