Monday, August 12, 2024

Telstra and Microsoft Accelerate AI Innovation in Australia

Telstra and Microsoft have announced an expanded strategic partnership aimed at accelerating AI innovation and digital transformation in Australia. This collaboration combines Microsoft's leading AI technology with Telstra's ultra-fast Intercity Fibre Network, which will enhance connectivity solutions across the country. As part of this initiative, Microsoft has chosen Telstra as a strategic partner to extend its AI infrastructure in Australia, addressing...

Bharti Global Acquires 24.5% Stake in BT Group from Altice UK

Bharti Global has agreed to acquire a 24.5% stake in BT Group from Altice UK, marking a significant investment in the UK telecoms giant. The acquisition will be executed in two stages, with an initial 10% stake purchased immediately and the remainder following regulatory approvals. Bharti Global, the international investment arm of Bharti Enterprises, has expressed strong support for BT's current leadership and long-term strategy. The deal highlights...