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See whats happening in Telecom sector right now
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Satellite company SES to buy Intelsat for $3.1 billion
SES and Intelsat, which emerged from bankruptcy in 2022, had held merger talks before but those collapsed in mid-2023.
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American Tower Corp raises annual revenue forecast on healthy telecom spending
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BSNL 4G subscriber base reaches 8 lakh: Report
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Bharti Airtel issues shares worth Rs 246 crore to FCCB holders
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In top gear: Telecom parts output crosses Rs 45,000-crore milestone
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Indian telecom OEMs, including TCS, Tejas, HFCL seek govt intervention against Chinese imports
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Telcos dial DoT to stop illegal sale of Wi-Fi 6E routers in India
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Tejas seeks potential business opportunities beyond BSNL deal
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Centre leaning on startups, academia for telecom IPRs
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Corning forecasts second-quarter core sales above estimates on steady carrier spending
After a period of sluggish spending by wireless carriers on its fiber optic cables, Corning is seeing a recovery as telecom clients upgrade their infrastructure along with more uses for the company's products in data centers, which power artificial intelligence applications.
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Tech Mahindra, Atento join hands to offer GenAI-powered services
"The partnership will deliver end-to-end business transformation solutions and services that leverage Generative AI-powered technologies, as well as customer experience (CX) consulting for customers in the United States, Europe, the Middle East, and Africa and Latin American regions," the company said in a statement.
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Huawei's quarterly profit surges as comeback gathers pace
"The industry and global markets will remain rife with uncertainty for the rest of 2024. Nevertheless, we are continuously building out mechanisms for global business continuity and agile operations," the company said.
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Banks could boost revenues by 6 pc with Generative AI: Accenture Report
Banks which effectively adopt and scale generative AI could increase employee productivity by up to 30 per cent by streamlining numerous language-related tasks, it said.
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Thales could be tempted by Atos defence assets, says CFO
Thales, which is partially owned by the state, has repeatedly said it is not interested in the Atos computing assets known as Big Data & Security (BDS) because they do not fit its fast-expanding civil cybersecurity business.
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Lenovo, AMD launch new solutions to accelerate hybrid AI adoption
The solution provides fast acceleration, large memory, and Input/Output bandwidth to handle huge data sets, needed for workloads in financial services, healthcare, energy, climate science, and transportation industries.
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F5 issues downbeat forecast on weak demand for IT-related services
The business environment continued to be challenging as "customers remain cautious and are forecasting largely flat IT budgets for calendar 2024," F5 CEO Francois Locoh-Donou said in a statement.
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Apple hires dozens of AI experts from Google, builds secret research lab
Apple has hired dozens of artificial intelligence (AI) experts from Google and formed a "secretive European laboratory" in Zurich to house a new team of staff tasked with developing new AI models and products, a media report said on Tuesday.
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Amazon.com may be feeling pressure to join the dividend club
That has left Amazon and Tesla as the only companies in the group that do not pay a dividend. Microsoft's payouts date back some 20 years, while Apple and Nvidia have been paying dividends for over a decade.
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Google prevented 2.28 million apps from being published due to policy violations
Google took significant measures in 2023 to prevent policy-violating apps on Google Play. Various security features, partnerships, and enhanced review processes were implemented to protect users and developers. New initiatives in 2024 will focus on app transparency and privacy practices.
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Taiwan Q1 preliminary GDP hits 3-year high on robust AI demand
Gross domestic product grew by a preliminary 6.51% in the January-March period from a year earlier, the statistics agency said on Tuesday, beating the 5.65% growth forecast by analysts in a Reuters poll.
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Capgemini Q1 FY24 revenues drops 3.5%, offshore headcount dips
The revenues in Q1 of FY23 stood at €5.73 billion ($5.92 billion). On a constant currency basis, revenue declined 3.3%. Capgemini follows January to December as its financial year.
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Sameer Wadhawan bids adieu to Samsung Electronics India as SVP & Head - HR
Wadhawan joined Samsung Electronics India in January 2018, and has served the company for more than six years.
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500 mn AI laptop PCs to be sold between 2023-27: Counterpoint
Counterpoint categorises GenAI laptop PCs into three categories: AI basic laptop, AI-advanced laptop and AI-capable laptop, based on different levels of computational performance, corresponding use cases and the efficiency of computational performance.
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Nokia, Vodafone conduct Open RAN trial on live 5G SA network in Italy
Nokia said it is supporting Open Fronthaul features on top of its RAN software. The vendor has already integrated with five open radio unit (O-RU) suppliers. By integrating with Red Hat OpenShift, telcos also have the option to scale their 5G network footprint and quickly introduce new services.
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Will double India headcount annually for 3 years to expand footprint: Transcom India
"VCosmos, now christened Transcom India, is the most strategic fit in our strategy to provide AI-powered and competitive offshore delivery to our marquee customers and fast-growing consumer brands from North America and Europe," Travis Coates, Global COO for Transcom, told IANS.
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Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years
It was the first positive quarter reported by Logitech since October 2021. The Swiss-American company had been struggling in recent quarters, following an 80% sales surge during the COVID-19 years when people bought its products to work and play from home.
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Microsoft CEO pledges $1.7 bn AI, cloud investment in Indonesia
"The thing I am really excited to announce today is the expanded announcement of data centre investment, so $1.7 billion to bring the latest and greatest AI infrastructure to Indonesia," Nadella told a crowd, adding data centres would be built in Indonesia soon.