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Reasons for Lumen’s Investment Lumen Technologies reports that to date, the company has signed private custom fiber (PCF) agreements worth over $8 billion with companies such as Microsoft, Amazon, Google, and Meta. Company executives indicate that there will be more companies going public. Lumen CEO Kate Johnson said during the company’s earnings conference call, “Large … Continued
Yu Tian
According to Reuters, India’s largest service provider, Reliance Jio Infocomm, may conduct an initial public offering (IPO) next year. The report states that the telecommunications company has approximately 479 million users and a market value exceeding $100 billion. As early as 2019, at the 42nd annual shareholders’ meeting of Reliance Industries, its chairman Mukesh Ambani … Continued
Ciena announced that its optical, routing, and switching innovations will once again support the SCinet network at the SC24 conference held at the Georgia World Convention Center (GWCC) in Atlanta from November 17th to 22nd. SCinet is a testing platform and demonstration network built by a team of experts from industry, academia, and government specifically … Continued
NEC Corporation is a leader in IT and network technology integration, and it will collaborate with Cisco to provide its customers with new private 5G network solutions. The architecture includes Cisco 5G SA core and cloud control center, as well as NEC’s validated wireless network and system integration services, preparing the solution for the market. … Continued
SK Telecom (SKT) is collaborating with Samsung Electronics to improve 5G base stations using artificial intelligence (AI). This South Korean telecommunications company announced on Monday that both companies will use AI based 5G base station quality optimization technology (also known as AI-RAN parameter recommender) to implement the project. The significance SKT stated that the two … Continued
Verizon is increasing its investment in Fixed Wireless Access (FWA). And it hopes to expand and accelerate the construction of its fiber optic network. However, some analysts still believe that the operator’s grand integration plan will not meet expectations. Verizon Chairman and CEO Hans Vestberg announced on Tuesday that Verizon has raised its FWA user … Continued
PLDT has received a social loan of 2 billion pesos ($34.4 million) from HSBC Bank in the Philippines. The purpose is to expand its fiber optic infrastructure to remote and impoverished areas. Social loans are a form of financing. And the proceeds are used to achieve positive social outcomes, such as increasing access to affordable … Continued
Nokia has announced a new partnership with Vietnam Posts and Telecommunications Group(VNPT), one of Vietnam’s leading telecommunications operators, to deploy 5G technology. This significant development marks a new milestone in the long-term cooperation between the two companies, strengthening their commitment to providing strong digital infrastructure in Vietnam. Nokia is also producing 5G products locally in … Continued
Away from telecommunications business Nokia CEO Pekka Lundmark stated during the Q3 2024 earnings conference call that telecommunications is no longer the company’s primary growth market. Instead, the company shifted its focus of growth towards data centers. “There will be other areas, but this will be the top priority, “he said. -During the third quarter … Continued
Intel Capital recently invested approximately KRW 18 billion (approximately RMB 96.022 million) in South Korean semiconductor equipment component supplier DS Techno, becoming a new strategic shareholder of DS Techno. Previously in 2022, DS Techno also received investment from Samsung Electronics. In order to become the world’s second largest wafer foundry after TSMC by 2030, Intel … Continued
Although the US broadband industry is preparing for 2025, we may see a significant amount of fiber deployment and consolidation activities. Fierce Network wants to know if these activities will slow down as the election approaches and the end of the year approaches. The answer is: yes and no. –The normal slowdown in the telecommunications … Continued
Technology giant Oracle announced on the 2nd that it plans to invest over 6.5 billion US dollars to build cloud service data centers in Malaysia. As a result, the company has joined the ranks of American giants competing to build artificial intelligence infrastructure in Southeast Asia. The company stated in a statement that the cloud … Continued
