T-Mobile US and investor company EQT wrapped up their joint venture (JV) to acquire US-based FTTH provider Lumos Networks, as part of the mobile operator’s plan to offer broadband beyond its mobile-based service. T-Mobile invested $950 million in the JV to acquire a 50 per cent equity stake, with an additional $500 million planned between 2027 … Leer más
Justin Hotard (pictured) officially took the helm as Nokia’s new CEO and president this week and immediately set out his strategy, arguing there was a need for the vendor to reinvent itself to truly tap into opportunity around AI, but also stay true to its traditional business. In a video post on LinkedIn to mark … Leer más
Nokia reached an agreement to end a patent dispute with Amazon covering the use of the vendor’s video technologies on the US powerhouse’s streaming services and devices, resolving litigation across three continents. Nokia stated terms of the agreement, including financial terms, remain confidential. The Finnish vendor filed suits in the US, India, the UK, Germany … Leer más
Spanish taxi company Vecttor tapped Telefonica Tech’s portfolio of digital systems to boost security and efficiency, expanding on a fleet management system implemented in 2023. Vecttor is a subsidiary of Spanish private hire company Cabify. It is employing technology from Geotab, which Telefonica Tech offers as part of a range of products to bolster digitalisation … Leer más
Research company Gartner anticipated worldwide spending on generative AI (genAI) to reach $644 billion in 2025, marking a surge in investment as industries increasingly adopt solutions powered by the technology. The estimate marks a 76 per cent increase in genAI spending from 2024. Gartner attributes this growth to the expanding application of genAI across sectors, … Leer más
India’s government signed off on providing INR229.2 billion ($2.7 billion) in state subsidies to up manufacturing of electronics components, providing direct benefits to numerous sectors including telecoms and consumer devices. The federal cabinet stated the scheme would develop a robust manufacturing ecosystem by attracting investment across the value chain, with the wider goal of increasing … Leer más
China set targets for the digital transformation of its light industries over the next five years, moving to maintain momentum which resulted in the sector exceeding national averages in 2024. The nation detailed a range of measures to boost the proportion of digital research and design tools used by Chinese light industrial players from 84.9 … Leer más
The European Commission (EC) unveiled a €1.3 billion investment plan targeting AI, cybersecurity and digital skills as part of its latest push to strengthen Europe’s technological sovereignty. The funding, set to be deployed between 2025 and 2027 under the EC’s newly adopted Digital Europe Programme, aims to boost the region’s AI capabilities, enhance cyber defences, … Leer más
Chiefs at Accenture-backed Vodafone Intelligent Solutions (VOIS) lifted the lid on a drive to sell shared services to third party telecoms providers and other companies, after unveiling initial offerings at MWC25 Barcelona. Speaking to Mobile World Live after MWC, VOIS CEO Gary Adey (pictured, left) and commercial director Chris Meads (pictured, right) outlined the partnership … Leer más
INTERVIEW: Nick Johnston (pictured), publisher at US news organisation Axios, argued AI will be as big a revolution for journalism as the shift from print to digital, emphasising companies must embrace the technology to remain competitive. Johnston told Mobile World Live it is essential the publishing industry adapts and evolves to the rise of AI. … Leer más