Sunday, December 1, 2019

Telefónica shifts its priorities and seeks to sell assets

Warning that its current telco business is "close to being exhausted," Telefónica announced a major restructuring that will see it divest from most of its markets in Latin America and refocus on its key European operations. José María Álvarez-Pallete, Chairman & CEO of Telefónica, states: "At Telefónica, we have the mission of imagining the company we want to have for the future. It is up to us to design a company for the next 100 years. An...

GTT looks to sell subsea cables and European fiber network

GTT Communications has retained Credit Suisse and Goldman Sachs as financial advisors in connection with the potential sale of the Infrastructure Division, which includes its terrestrial pan-European fiber network, subsea transatlantic fiber and data centers. This infrastructure was part of GTT's acquisition of Interoute and of Hibernia. “The appointment of Credit Suisse and Goldman Sachs is an important step in our process to explore the sale of...

T-Systems launches its Edge Computing platform

Deutsche Telekom'a T-Systems division introduced EdgAir - its low-latency platform for secure and powerful edge computing. EdgAIR, which is based on OpenStack, is an on-prem solution designed to be like "a private cloud of things" connected to the enterprise network. Customers can connect their IoT applications via ready-made connectors. The applications themselves run as virtual machines or in docker containers as microservices and are thus independent...

Etisalat tests Huawei's liquid-crystal-on-silicon optical cross-connect

Etisalat, the UAE-based telecommunications services provider, completed the first trial of Huawei's compact all-optical cross-connect (OXC) for transport networks. Huawei's OptiXtrans series OSN 9800 P32C is a high-speed optical switch for the backbone or aggregation layer that is designed for fast grooming of large-granularity services and separated east-west deployment in a transport network. Huawei said its new platform leverages liquid crystal...

Panasonic sells its semiconductor group to Taiwan's Nuvoton

Panasonic Corporation will transfer its semiconductor business to Taiwan-based Nuvoton Technology, a division of Winbond, in an all-cash transaction. Financial terms were not disclosed. Panasonic Semiconductor Solutions, located in Nagaokakyo City, Kyoto, is a leading global supplier of semiconductor devices and solutions with products that focus on “Sensing” technologies such as Image Sensors, Image / Digital Signal Processors, “Microcontroller”...

Orange renews managed services contract with Ericsson in 5 countries

Orange has renewed a managed services contract with Ericsson in five European countries. Under the three-year contract, that can be extended to five years, Ericsson will provide a fully managed end-to-end operations service to include network operations, field support, and maintenance, as well as a spare parts management service for Orange's fixed-line access, 2G, 3G, 4G and future 5G access. Network performance, optimization and network expansion...

BICS doubles footprint in Japan for 2020 Tokyo Games

Ahead of the 2020 Tokyo Games, BICS announced a major upgrade and expansion of its backbone in Japan, increasing capacity tenfold to support the expected growing demand for roaming and IP-based services. The expansion includes the deployment of a second point-of-presence (PoP) in Tokyo, which connects to the local internet exchange points for BICS’ IP-based services. This will ensure reduced latency, improving end-to-end quality while directly connecting...

SK Telecom selects Ericsson's Cloud Packet Core

Ericsson announced a new agreement with SK Telecom to deliver a Cloud Packet Core for the carrier's 5G network. Ericsson’s Cloud Packet Core helps service providers to migrate to 5G Core (5GC) stand-alone architecture. Jung Chang-kwan, Vice President and Head of Infra Engineering Group, SK Telecom, says: “By utilizing Ericsson’s Cloud Packet Core network solution, which realizes simplified network operations, we will unleash the full potential...