NTT to invest up to USD 4 Bn in the R&D of Web3 Technology; new partnerships emerge

Key Signals in Telecommunications

Keysight, Nokia Bell Labs collaborate to accelerate 5G-advanced and 6G communications
The partnership seeks to speed up R&D for 5G-Advanced and 6G use cases that wirelessly transport large amounts of data over short distances using millimeter Wave and sub-terahertz spectrum. Read More>>
Tele2 IoT delivers connectivity to EBS with a new partnership
Tele2 will support EBS with managed IoT connectivity for alarm systems and smart communicators supporting lone worker solutions and home alarms. The collaboration will provide an end-to-end solution with managed connectivity. Read More>>
NTT Docomo collaborates with Astar Network to boost Web3.0 adoption in Japan
Japan has been exhibiting a developing interest in Web 3.0, cryptocurrency, and DeFi. More robust cases with excellent user experience on an infrastructure that is accessible to everyone is the aim of this partnership. Read More>>
Executive Movements
Extreme Networks names Cienas Carmelo Calafiore as ANZ regional director
The newly created role with Extreme Networks will involve leading regional growth strategies and driving the company’s expanding presence across ANZ. Read More>>
Terry Clontz to retire as Chairman of StarHub; Olivier Lim named as successor
The Board of Directors has appointed Olivier Lim, currently an Independent Director, to succeed him from January 1, 2023. Lim is an experienced Chairman and Non-Executive Director who currently serves as Non-Executive Chairman of Certis CISCO Security and PropertyGuru Group. Read More>>
Comcast appoints Michael Slovin as VP and General Manager of Comcast Smart Solutions
In this new role, he will oversee the integration of Comcast’s advanced connectivity options with industry-leading smart technology partners to enable the delivery of world-class smart technology solutions to clients. Read More>>
Financial and Market Activity
Keysight Technologies reports Q4 and Fiscal Year 2022 results
GAAP net income was USD 299 Mn, or USD 1.66 per share, compared to USD 282 Mn, or USD 1.52 per share, in the fourth quarter of 2021. Free cash flow was USD 340 Mn, compared to USD 295 Mn in the fourth quarter of 2021. Read More>>
Motorola Solutions declares quarterly dividend
The board has increased its regular quarterly dividend by 11 percent to 88 cents per share. The next quarterly dividend will be payable in cash on Jan. 13, 2023, to shareholders of record at the close of business on Dec. 15, 2022. Read More>>

Latest Industry Insights from Draup Braindesk

  1. Telus connects Indigenous communities with a PureFibre network of more than 80,000 people and builds respectful, constructive connections with Indigenous peoples. 
  2. Telus Corporation invests in cutting-edge technology to reduce environmental impact, switch to renewable energy, and digitally alter food production. 
  3. Telus improves digital and virtual access to quality healthcare for all Canadians, including the most vulnerable. 

Key Funding Alert

NTT plans to invest USD 4 Bn in Web3 Technology
Accenture and Astar Network have joined forces with NTT to speed up Web3 Adoption. The joint effort will help individuals and corporations to utilize tokens for governance. Read More>>

Startup Spotlight

Company – Teridion
Total Funding – USD 60 Mn
About: Teridion is a superior cloud-based global connectivity platform. Teridion’s network has over 500 points of presence worldwide and works with over 25 public clouds to ensure stable, high-performance connectivity anywhere. Read More>>

Latest Reports Published in Draup

CommScope Holding Company, Inc. Account Intelligence Report
CommScope focuses on offering RUCKUS outdoor wireless broadband solutions to expand in the Canadian market and experience growth in high-speed broadband deployments. Read More>>
AT&T Inc. Account Intelligence Report
AT&T Inc. uses 5G spectrum, a private 5G Core, and RAN to enable “smart warehouse” applications at the DOD’s Naval Base. Read More>>
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