Ericsson to bank on Vonage’s developer network and API expertise to power 5G innovation
Key Signals in Telecommunications
Deal Satixfy’s Baseband Modem to integrate with Telesat’s Lightspeed Earth Stations across the globe The SatixFy advanced Sx3099 landing station modems will be capable of processing up to 1.6 GHz of bandwidth in each direction, supporting ten wideband carriers, an uplink power control (UPC), and adaptive coding and modulation (ACM), and network data processing. Read More>> Nexans wins USD 736 Mn Italian interconnector contract Nexans has been the contract worth by an Italian transmission system operator Terna to supply an interconnector cabling solution for Tyrrhenian Link in Italy. Under the agreement, Nexans will manufacture and install 500 km of a 500 kV mass-impregnated cable and fiber optic cable at more than 2,000 meters water depth, the deepest depth ever for a subsea power cable in the Mediterranean. Read More>> Ooredoo-Nokia enter a strategic five-year agreement to deploy 5G Qatar-based telco Ooredoo Group has engaged Nokia to provide multiple technologies and services, including 5G, as part of a multi-country, five-year deal. The deal also includes digital deployment services supporting a faster time to market and technical support services. Read More>>Partnerships Infosys and Proximus extend collaboration on IT Application transformation and development Through this engagement, Infosys will support Proximus’ critical digital initiatives, IT transformation programs and provide structural cost reduction in a sustainable manner. Infosys will also leverage its extensive partner ecosystem to accelerate the implementation of the strategic transformation programs for Proximus while ensuring optimal cost savings. Read More>> Ensono partners with NTT DATA to advance Mission Critical Mainframe-As-A-Service and IBM I offerings With this partnership, NTT DATA can add additional scale and flexibility to its services capabilities that will help clients continue to manage, grow, and transform their mainframe and IBM I capabilities. Ensono is also providing IBM I and AIX Remote Infrastructure Management services to NTT DATAs IBM Power clients. Read More>> AI-leader Laiye partners with Huawei Cloud to power Brazil’s Digital Transformation The partnership will drive digital transformation in Brazil through cloud computing, Artificial Intelligence (AI), and big data. In Brazil’s growing innovation and tech-focused economy, banks, medical services, and manufacturing have the most appetite for AI solutions, creating a solid market. Read More>>Mergers and Acquisition Amphenol acquires Halo Technology Ltd. The acquisition is valued at USD 715 Mn and is consistent with the company’s acquisition strategy. Amphenol expects the acquisition to be accretive to earnings per share in the first-year post-closing. Halo’s product offerings complement Amphenol’s existing high-speed and fiber optic interconnect solutions and represent a significant long-term growth opportunity for the company. Read More>> Ericsson acquires Vonage for USD 6.2 Bn to expand its technology portfolio The acquisition builds upon the company’s intent to expand globally in the wireless enterprise, offering existing customers an increased share of a market valued to be at USD 700 Bn by 2030. Vonage’s network of over a million developers and expertise with APIs will help Ericsson establish a global network platform for 5G innovation. Read More>> Celcom-Digi merger seeks approval from MCMC Celcom and Digi have formally submitted their application for the merger to the Malaysian Communications and Multimedia Commission (MCMC). The proposed merger will now need to be approved by the MCMC along with the Securities Commission Malaysia and shareholders of the two parent companies involved. Read More>> GlobalConnect Sweden acquires Open Universe and Telenor Sweden’s Fiber Assets The acquisition includes approximately 200,000 connected homes on Open Universe’s platform and 14,000 connected homes in Telenor Sweden’s SDU fiber infrastructure. The transaction supports GlobalConnect’s ambitions to bridge the digital divide and promote social inclusion across Sweden. Read More>>Executive Movement Batelco names new Chief Global Business Officer Batelco has named Hani Askar for the position, effective as of last month. Askar takes responsibility for developing and growing Batelco’s global business and promoting business relationships with international customers, partners, carriers, and Batelco’s joint venture partners, as well as designing customized solutions for global clients. Read More>> Identiv appoints Justin Scarpulla as Chief Financial Officer Scarpulla brings more than 25 years of financial leadership experience to Identiv. Interim CFO Ed Kirnbauer will remain at Identiv as Global Corporate Controller and a key leader within Scarpulla’s financial team. As Identiv accelerates its growth strategy, Justin’s deep experience building disciplined but scalable financial systems and teams, backed by his operational rigor, are vital assets to Identiv. Read More>>
Latest Industry Insights from Draup Braindesk
Business Intentions & Digital Themes:
Companies are deploying multiple use-cases across various digital themes spread across three major business intentions.
Network Management: Telecom companies extensively leverage AI/ML, Blockchain, AR/VR, and Network Virtualization across their entire Network Value Chain to provide a fast and seamless network.
Source: gsm.com, telegraph.com, orangebusiness.com Case Study Source: 1. Energy Central 2. ABJ Drones 3. Orange 4 Ericsson
Key Funding Alert
Ericsson investing under PLI scheme to prepare for Indian 5G requirements
Swedish telecom gear maker Ericsson is investing in India under the production-linked incentive (PLI) scheme for telecom to enhance its production capabilities and prepare for deliveries to its Indian customers for 4G and 5G requirements. The Indian government is expected to conduct 5G spectrum auctions in April-May next year. Ericsson estimates that India will have 500 million 5G mobile subscriptions by the end of 2027, representing 39% of India’s mobile subscriptions. Read More>>
Company – Flare Network Total Funding – USD 11.3 Mn About: Flare is the world’s first Turing-complete FBA network that is highly scalable and doesn’t base safety on a native token. This is backed by low transaction costs and Ethereum Virtual Machine integration. Flare Networks is a blockchain network based on the Flare Consensus Protocol – the first Turing Complete Federated Byzantine Agreement protocol. Read More>>
Latest Reports Published in Draup
Telefonica S.A Account Intelligence Report:
Telefonica focuses on the acceleration of cloud adoption and development of new communication services for consumers and enterprises by leveraging Oracle Database systems. Read More>>
Deutsche Telekom Account Intelligence Report: Deutsche Telekom AG aims to develop 5G based cloud gaming solution to enhance the gaming experience and create new opportunities for content creators. Read More>>
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