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Vodafone: IoT Trends for 2018

by Ludovico Fassati, Head of IoT for Vodafone Americas IoT will drive business transformation Companies that have adopted IoT see the technology as mission critical to their business. These companies are leading the way when it comes to digital transformation initiatives. According to Vodafone’s 2017/18 IoT Barometer, 74% of companies that have adopted IoT agree […]

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Reliance Jio to acquire infrastructure of Reliance Comm

Reliance Jio Infocomm, the fastest growing mobile operator in the world and which is a subsidiary of Reliance Industries Limited, agreed to acquire specified assets of Reliance Communications Limited and its affiliates. The sale includes assets under four categories – Towers, Optic Fiber Cable Network, Spectrum and Media Convergence Nodes, specifically: 122.4 MHz of 4G […]

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Huawei remains strong and steady as 2017 growth rate slows to 15%

Huawei expects its revenue for 2017 to show a 15% year-over-year increase, its slowest rate of growth since 2013, according to a New Year’s message to staff posted by Huawei rotating CEO Ken Hu. Hu cited fluctuations in telco investment cycles but said the overall business remains strong. Huawei’s final revenue figure for 2017 should […]

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CenturyLink appoints EVP Marketing and EVP Product Management

CenturyLink announced the appointments of Gaurav Chand as executive vice president – marketing and of Shaun Andrews as executive vice president – product management. Both report to Chief Operating Officer Jeff Storey. Previously, Chand served as the global senior vice president, marketing – infrastructure solutions group for Dell EMC. Andrews was previously the senior vice […]

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5G New Radio (NR) Specs Approved

The 3GPP initiative officially approved the 5G New Radio (NR) specifications. Balazs Berenyi, 3GPP RAN Chair, described the approval as “an impressive achievement in a remarkably short time, with credit due particularly to the Working Groups.” At Mobile World Congress 2017 in February, major mobile network operators and vendors issued a call to accelerate the […]

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France’s Iliad to acquire Ireland’s Eir for €3.5 billion

Iliad, the fully-integrated operator in France with nearly 20 million subscribers, has agreed to acquire eir, the Irish telecommunications and broadband carrier, for approximately €3.5 billion. eir, which was formerly the state-owned telecom monopoly in Ireland until 1999 (Telecom Eireann), is currently owned by an investor group including Anchorage Capital Group, L.L.C, Davidson Kempner Capital […]

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AT&T to boost CAPEX by $1 billion, issue $1,000 bonus to 200K employees

In recognition of the new tax reform legislation, AT&T announced plans to boost its 2018 CAPEX by $1 billion and to pay a special $1,000 bonus to more than 200,000 of its U.S. employees — all union-represented, non-management and front-line managers. “Congress, working closely with the President, took a monumental step to bring taxes paid […]

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Comcast to Boost CAPEX, issue $1000 Holiday Bonuses

Following the passage of the tax reform legislation, Comcast announced plans to increase its capital expenditures and to issue $1,000 bonuses to more than one hundred thousand eligible frontline and non-executive employees. Comcast said it now plans to spend “well in excess of $50 billion over the next five years investing in infrastructure to radically […]

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Fyusion raises $22M for computer vision

Fyusion, a start-up based in San Francisco, announced $22 million in Series B funding for its work in 3D computer vision and machine learning. Fyusion’s mission is “to pioneer real-time visual understanding of the physical world using any camera though with a focus on Android & iOS devices.” The technology creates immersive, interactive 3D images […]

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Anodot raises $23M for AI-driven analytics

Anodot, a start-up based in Ra’anana, Israel with offices in Sunnyvale, California announced $23 million in Series B funding for its AI-powered analytics. Anodot’s AI-powered analytics tracks and correlates massive volumes of business and technical data in real time to identify business incidents, such as e-commerce glitches. The company recently achieved Amazon Web Services’ Machine […]

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