Key Signals in Telecommunications
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Center setup and Expansion
NTT Global Data Centers plans massive new campus in Northern Virginia
The 103-acre campus will provide room for long-term growth for NTT and its customers in Northern Virginia, where the company already operates a major campus in “Data Center Alley” in Ashburn, the primary cloud hub in Loudoun County. Read More>>
Deal
Omantel signs connectivity deal between Oman and various key telecom hubs in Europe
Through this agreement, Omantel will be providing ultra-high-capacity connectivity from Muscat to SUBCO’s new PoP’s in London, Milan, and Marseille, effectively extending the Oman Australia Cable (OAC) from Australia to Oman and Europe. Read More>>
Telecom Egypt and Etisalat Misr sign deals worth USD 912.5 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>>
Accel Solutions and Veego Software enter an agreement with Bezeq to integrate Veegos AI Solution
The integration will enhance Bezeqs ability to provide its subscribers with improved Internet quality of experience and mitigate network malfunctions. Read More>>
Partnerships
Etisalat UAE, Huawei Technologies partner to launch telecom network slicing service
The slicing architecture is touted to be more advanced in 5G private networks, enabling fast rollout, flexible resource isolation, and adapting to different kinds of enterprise requests, with operators and customers benefiting from the technology’s control and efficiency. Read More>>
Juniper Networks and Dragos announce partnership to secure critical infrastructure
With this joint partnership, OT networks can leverage Juniper’s routing, switching and firewalls, in conjunction with the advanced industrial cybersecurity technology and threat intelligence provided by the Dragos Platform, to provide near real-time response to attacks. Read More>>
Mergers and Acquisitions
AdTech firm Tremor in talks to buy rival from Singtel
London-listed advertising technology provider Tremor International is in advanced talks to buy Amobee, a US-based peer, in a deal that bankers say would be hugely earnings-accretive. Read More>>
Axiata, Digi extend merger
The companies have mutually agreed to extend the long-stop date of their share purchase agreement for the proposed merger of Celcom Axiata Bhd and Digi. The new date is revised to December 31st, 2022, from June 21st, 2022, or another date mutually agreed in writing between the two parties. Read More>>
Executive Movement
Dara Leslie appointed as senior vice president for sales and marketing for Shentel
In this role, Dara will drive revenue growth for Shentel’s commercial and residential lines of business, reporting to Ed McKay, Executive Vice President, and Chief Operating Officer. Read More>>
Vodacom unit Nexio swiftly appoints interim CEO
The company has appointed Ed Gassner as its interim CEO, effective immediately. The appointment follows the resignation of Mickey Mashale from the digital system aggregator and solution provider. Gassner will hold the position until a permanent replacement is appointed. Read More>>
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Latest Industry Insights from Draup Braindesk
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- Spark NZ focuses on enhancing 5G technology to provide New Zealanders with faster wireless broadband and mobile services.
- Spark NZ focuses on upgrading the Rural Connectivity Groups cell site to expand Spark CAT-M1 IoT technology.
- Spark NZ invested around USD 35 Mn to accelerate its 5G rollout in Auckland, Christchurch, Hamilton, Dunedin, New Plymouth, and Palmerston North to deliver 5G coverage to 90% of the population.
- Auckland City, Auckland, New Zealand Area serves as the key location for various operations such as Robotics Process Automation, Business Intelligence & Analytics, Internet of Things, System Integration and Server, Network, Desktop Management related engagements.
- Product Engineering Services, the highly outsourced segment, holds approximately 62% of the total outsourcing headcount. Tech Mahindra is the key strategic outsourcing partner for Spark NZ.
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Key Funding Alert
Vodafone-Idea board mulls fundraise
The company further stated that the trading window for dealing in securities of the company shall remain closed for all designated persons under the code forthwith and the same shall remain closed till 48 hours from the meeting of the Board, i.e., till June 24th, 2022. Read More>>
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Startup Spotlight
Company – Pharrowtech
Total Funding – USD 23.72 Mn
About: Pharrowtech designs next-generation solutions for fixed-wireless access, wireless VR/AR, and ultra-high-capacity wireless links. It creates products with best-in-class performance, power, and cost features by leveraging deep technical expertise in the algorithm, chip, and antenna design for millimeter-wave systems. Read More>>
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Here’s what’s new on our Sales Intelligence Platform
Set your preferred currency in the Profile section
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- Set your preferred currency in the Profile section to avoid the hassle of changing the currency while viewing base pay numbers
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