Key Signals in Telecommunications
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Center setup and Expansion
Telstra starts building its fiber network upgrade in Orange, New South Wales
The first cable will be an express direct fibre network between capital cities designed for Telstra’s customers seeking point-to-point dark fiber over long distances. The second cable will provide connectivity to regional locations and centers. Read More>>
Deal
StarHub spurs 5G future with Matrixx Software
The company has deepened ties with Matrixx Software in an agreement that expands the use of the vendor’s cloud-native, converged charging system to deliver both 4G and 5G standalone services on a single platform for mobile post-paid and pre-paid customers. Read More>>
Telstra enters a new RSP agreement with Opticomm
The agreement will see Telstra become a provider of broadband services over the Opticomm high-speed fibre access network. The current Opticomm network will benefit from the service, as will future network customers. Read More>>
Ventia wins management contract for WA marine facility
The company will take on the role of Operator and Facilities Manager for the Common User Facility at the Australian Marine Complex in Henderson, Western Australia. The contract has an initial term of five years plus up to two extensions of five years each. Read More>>
Partnerships
Alibaba Cloud, Saudi Telecom Company, and EWTP Arabia Capital Form JV
The companies have established a cloud computing joint venture with a registered capital of USD 238 Mn. The JV aims to implement Saudi Vision 2030 to promote economic diversification and accelerate the development of the digital industry. Read More>>
Ericsson and DT collaborate over sustainable 5G radio
The two companies formed a JV to build a solar and wind energy powered 5G site, which can be self-sufficient given the right conditions. Ericsson and Deutsche Telekom have now added a wind turbine into the mix, providing up to five kW of additional power. Read More>>
Mergers and Acquisitions
Motorola Solutions acquires Videotec S.p.A for security portfolio
Videotec S.p.A allows security operators to have clearer visibility across fixed and Pan, Tilt, and Zoom (PTZ) settings to detect and respond to abnormal events or dangerous situations. Read More>>
Mobilitie acquires Signal Point to boost 5G on US military bases
Mobilitie’s acquisition of Signal Point will exceed the expectations of the US military, provide world-class 5G connectivity to military members and their families, and create the foundation for intelligent military bases. Read More>>
Executive Movement
Verizon Business CEO to quit
Tami Erwin has spent 35 years with Verizon, including her time at mobile operator AirTouch. She did not provide a reason for her decision, and her successor is yet to be named. Read More>>
NTT appoints Shimada as new President ahead of reorganization
Senior Executive VP Akira Shimada appointed President as the Japanese telecom giant plans to reorganize its business structure. Shimada will take over from Jun Sawada effective June 24, while announcing two more personnel changes in leadership at subsidiaries. Read More>>
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Latest Industry Insights from Draup Braindesk
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Key Funding Alert
Twilio invests USD 750 Mn in Syniverse to fuel innovation and connectivity
The partnership with Twilio, combined with this new capital infusion, leaves Syniverse well positioned to monetize 5G more effectively and CPaaS revolutions, deepen engagement with customers across key industry verticals and create long-term value and opportunity for all stakeholders. Read More>>
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Startup Spotlight
Company – OXIO
Total Funding – USD 59.63 Mn
About: OXIO is the first telecom-as-a-service (TAAS) platform for brands and enterprises that unbundles mobile telecom infrastructure. It’s a 100 percent cloud-based solution blending the wireless infrastructure of many providers, enabling a custom-purposed, asset-light network delivered to each brand in a matter of days. Read More>>
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