Partnerships
China Telecom and Zain Omantel tie-up for global expansion
This partnership enables high-capacity, low-latency data connectivity, benefiting both regions and offering a digital gateway for Chinese businesses in the Middle East. Read More>>
Optus and Starlink ink deal to enhance regional connectivity in Australia
The agreement includes SMS in 2024 and voice/data in 2025, covering 60% of Australia’s landmass. It aims to provide mobile coverage without additional equipment. Read More>>
Centre Setup and Expansion
Ericsson to open a Smart manufacturing & tech hub in Estonia for $174 Million
The hub will consolidate four facilities into a single 50,000-square-meter center to enhance R&D and production integration. It aims for a 70% reduction in carbon emissions. Read More>>
Huawei Launches 3 Data Center Solutions at Global Smart Green Data Center Summit
These solutions aim to provide green, simple, smart, and reliable data centers, meeting the increased demand for computing power in the digital transformation era. Read More>>
Executive Movements
Casa Systems, Inc. Announces CEO Changes
Casa Systems appoints Michael Glickman as CEO. Mr. Glickman has prior experience at PacketFabric and Cisco, where he served as Senior VP for the Global Service Provider unit. Read More>>
Cell C appoints new Chief of Staff, Strategy & Business Transformation
With 17 years of experience in telecom, including roles at Vodacom, Rachael Ayo-Oladejo will drive strategic initiatives and ensure seamless execution, contributing to Cell C’s success. Read More>>
Product Launch
Ericsson Introduces New Limited Capacity RedCap RAN Software
This software will enhance Standalone 5G networks without requiring additional hardware, enabling the ecosystem for new device connectivity, and optimized energy consumption. Read More>>
TP-Link releases Deco X55 Pro AX3000 Whole Home Wi-Fi 6 Mesh System
The system utilizes Wi-Fi 6 technology to deliver up to 3Gbps wireless speed, outperforming Wi-Fi 5 mesh systems by 250 percent. Read More>>
Financial and Market Activity
Cogeco Communications Releases its Q3 Financial Results
The revenue stood at $741.8 million (up 1.9% YoY) and adjusted EBITDA was $351.3 million (up 1.1%). Profit for the period was $101.5 million, with adjusted profit at $103.8 million. Quarterly eligible dividend declared at $0.776 per share, up 10.1% from Q3 2022. Read More>>
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