Telecommunications
Orange partners with OpenAI, Meta to develop custom African-language AI models
The logo of telecoms giant Orange displayed at Mobile World Congress 2024 in Barcelona, Spain. Joan Cros | Nurphoto via Getty Images French telecoms giant Orange on Tuesday said it’s partnering with Microsoft-backed OpenAI and Facebook-owner Meta to build custom artificial intelligence models designed to better understand regional African languages. Orange said it’s working with […]
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Ericsson shares jump 9% after third-quarter results beat estimates
Cristina Arias | Cover | Getty Images Shares of Swedish telecom firm Ericsson jumped 9% amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand. The company on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion Swedish crowns ($0.7 billion), compared with 3.9 billion Swedish crowns in the same […]
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Meet the Singapore-based telco disruptor with the knack for a viral campaign
Circles is a tech start-up with an ambition to shake up the telecommunications industry – and an unconventional marketing strategy to match. Circles is a tech start-up with an ambition to shake up the telecommunications industry – and an unconventional marketing strategy to match. “For the longest time, the telco industry has been talking about the […]
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DirecTV clinches long-elusive deal to combine with Dish
DirecTV on Monday agreed to buy EchoStar‘s satellite television business that includes Dish TV, capping decades of on-and-off talks to create one of the nation’s largest pay-TV distributors with a combined 20 million subscribers. The transaction comes at a time when satellite TV services DirecTV and Dish are hemorrhaging market share to competitors like Netflix […]
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UK regulator finds Vodafone and Three merger would lead to price rises, seeks remedies for deal
Britain’s competition watchdog on Friday said it found competition concerns with the proposed merger between Vodafone and the Three UK mobile network owned by CK Hutchison. The U.K. Competition and Markets Authority (CMA) said the deal would lead to price increases for tens of millions of customers or see some users get reduced services. The regulator […]
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Apple eyes bigger slice of India’s streaming market with Airtel deal
The Airtel logo is seen displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images Apple‘s tying up with India’s Airtel to offer the telecom firm’s premium customers its music and video streaming services for free, potentially giving the U.S. firm access to thousands of consumers in a price-sensitive market. The move comes as competition tightens in India’s $28-billion entertainment market and […]
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Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015
BARCELONA, SPAIN – FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images) Xavi Torrent | Getty Images News | Getty Images Shares of Finnish telecom firm Nokia tumbled on Thursday after the company reported a 32% […]
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AT&T says hackers stole records of nearly all mobile customers’ calls and texts
Hackers stole 6 months’ worth of simply call and textual content message records of approximately just about every AT&T mobile community purchaser, the organization claimed Friday, a breach that as the possible to expose sensitive data about tens of millions of Us residents. The firm explained in an SEC filing that it uncovered from an interior investigation […]
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Ericsson’s Q2 income slide a more compact-than-predicted 7%
Ericsson introduced it is planning to reduce jobs as element of its expense-slicing steps. Nurphoto | Nurphoto | Getty Pictures Swedish telecom gear maker Ericsson noted a scaled-down-than-expected 7% fall in 2nd-quarter sales on Friday as sluggish desire for 5G gear in most marketplaces was marginally offset by 14% development in North America. Income dropped […]
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U.S. chip curbs in Middle East just ‘business as common,’ Ooredoo CEO claims immediately after Nvidia offer
Jakub Porzyck | Nurphoto | Getty Photographs Qatari telecoms supplier Ooredoo informed CNBC Wednesday that its new tie-up with Nvidia is compliant of all U.S. polices and will however make it possible for it to have obtain to the most up-to-date technologies. Ooredoo previously this week signed a partnership with Nvidia, marking the chipmaker’s first […]
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