This week in Telecom: 5G and High Performance Cloud Computing continue to be investment targets

Telefonica Supports Digital Start-ups Through Wayra X
Wayra X will invest in 100% of digital startups geared towards mass markets and focused on 5G. Read More>>

NTT Builds, Consolidates And Wins New Cybersecurity Services Mandate
  • Data center construction in Spain to offer colocation services for wholesale and retail clients.
  • Hires Sharad Sanghi as CEO to lead the consolidated NTT team.
  • Wins $23.3 Million cybersecurity services contract from U.S. Department of Homeland Security’s (DHS). Read More>>

Telecom Italia Signs 150 Million Euros Deal With Eutelsat Konnect. The partnership will accelerate the deployment of high-speed broadband, even to the most remote areas. Read More>>

Extreme Networks And Deutsche Telekom Launch A New Cloud-driven LAN Service 
ExtremeCloud IQ will give Telekom customers — proactive monitoring, reporting SLA compliance, and other unique metrics that offer security, flexibility, and scalability at a reduced delivery cost. Read More>>

Nokia (NOK) Receivers To Power Swisscom Broadband Services
The exclusive contract for an undisclosed amount from Swisscom AG SCMWY will deploy its FastMile 5G receivers in rural areas of Switzerland. Read More>>

Safaricom Appoints CTIO, Acting Chief Enterprise Business Officer
Safaricom has appointed Joseph Wanjohi as the acting chief enterprise business officer, replacing Rita Okuthe. Joseph Wanjohi will act as interim Chief Enterprise Bussiness Officer from December 1. Read More>>

Ericsson Claims Momentum, Explores AI, And Launches 5G
  • The new contracts in Africa will boost network performance.
  • The new managed services center in Turkey will leverage Ericsson Operations Engine (EOE) AI capabilities.
  • Sees the first rollouts of genuine 5G networks in Latin America. Read More>>

Cisco Hires A Veteran Saas CFO And Buys Cloud Startup
  • Hires Scott Herren as new financial chief to prioritize its (SaaS) business.
  • Buys Hungarian startup Banzai Cloud to expand its cloud-native portfolio. Read More>>

Vion And Fujitsu Partner In North America For High Performance Computing. The partnership will assist customers in HPC deployment efforts for data-intensive applications. Read More>>

Fund Raising – Vodafone Idea In Talks For Funding From Oaktree Capital
The consortium (Oaktree Capital and Varde Partners) has proposed investing up to $2.5 billion into cash-strapped Vodafone Idea Ltd through hybrid debt papers. Read More>>
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