Financial

Sinch snaps up Wavy in £98 million deal

27 March 2020 | Melanie Mingas

Swedish mobile cloud coms firm Sinch (STO:SINCH) has entered into a definitive agreement to acquire Brazilian messaging provider Wavy.

Paragon Software partners with Sagemcom Broadband

27 March 2020 | Melanie Mingas

Sagemcom has embedded Microsoft exFAT by Paragon Software into its Linux-based series of routers to enhance cross-platform communication and end-user experience.

INWIT becomes largest tower operator in Italy

27 March 2020 | Melanie Mingas

INWIT has become the largest tower operator in Italy following completion of its merger with Vodafone, Telecom Italia Group (“TIM”) which saw Vodafone Italy’s towers brought under its control.

Slovakia green-lights Coronavirus tracking using telco data

27 March 2020 | Natalie Bannerman

Slovakia has approved a law which allows the government to monitor the movements of those infected by the Coronavirus.

Nokia seals Elenion Technologies deal

26 March 2020 | Melanie Mingas

Nokia (HEL: NOKIA) has completed the acquisition of Elenion Technologies in a deal intended to improve “the economics of advanced optical connectivity solutions”.

Five things to watch March 26: OneWeb launches 34 satellites into orbit, Telia Carrier launches new partner program and portal, and CITC extends deadline of MVNO licenses competition

25 March 2020 | Natalie Bannerman

Capacity shares 5 key stories from around the world making headlines today!

Ericsson wins exclusive 5G contract with COSMOTE Greece

25 March 2020 | Melanie Mingas

Greece’s COSMOTE has appointed Ericsson (NASDAQ: ERIC) as the country’s sole 5G Radio Access Network (RAN) vendor under a major network modernisation deal that will see 5G services introduced from 2021.

BT spins off £64 million Tikit in deal with Advanced

25 March 2020 | Melanie Mingas

British Telecom has divested its global legal, accounting and professional services software business Tikit, which it acquired for more than £64 million in 2012.

IBM calls for consultation committee, signals more redundancies  

25 March 2020 | Melanie Mingas

Employees in IBM’s UK Global Technology Services division could be facing redundancy as the firm looks to streamline some operations and part of its network of 60 datacentres around the world.

UN body calls for resilience platform to protect global networks

25 March 2020 | Melanie Mingas

The UN’s International Telecommunication Union has called on the public and private sector to create a Global Network Resiliency Platform, to keep the world connected during the unfolding Covid-19 pandemic.

Facebook eyes India with minority stake in Reliance Jio

24 March 2020 | Melanie Mingas

Facebook (NASDAQ: FB) has become the latest tech giant to state its interest in a stake in India’s Reliance Jio, a wholly owned subsidiary of Reliance Industries.

Spain inks deal with operators to secure connectivity

24 March 2020 | Natalie Bannerman

Nadia Calviño, VP of the Government and minister of Economic Affairs and Digital Transformation in Spain has signed an agreement with Spain’s operators to ensure network connectivity.