Orange on Friday named Christel Heydemann its new chief executive, making her the first woman to lead France’s biggest telecoms operator amid a revamp of its governance. A former graduate of France’s elite engineering school Polytechnique, 47-year-old Heydemann will replace Stephane Richard from April 4 at the helm of the state-controlled group after a court […]
Telecoms
Telecom Italia (TIM) on Wednesday opened the door to a spin-off of its prized infrastructure assets, saying its newly appointed chief executive would explore options to create value for shareholders. Italy’s embattled former phone monopoly will also continue to study a takeover approach by U.S. fund KKR and compare it with possible strategic alternatives. TIM, […]
A vote by Mexico’s telecoms regulator concluded on Wednesday without granting authorization to telecoms giant America Movil to enter the country’s pay-TV market, according to a source with knowledge of the process. The vote means that for now, America Movil, controlled by the family of Mexican billionaire Carlos Slim, will remain without a license to […]
Norway’s Telenor said on Thursday it had partnered with Amazon Web Services (AWS) to speed up the modernization of its telecoms systems, boosting the use of cloud technology to offer 5G and low-latency data services to professional customers. In collaboration with the U.S. tech giant, Telenor will develop product offerings for selected industries, including manufacturing, […]
Orange and Engie said they have teamed up to convert Groupement Orange Services (GOS), Orange’s primary data center in Africa, to solar power, helping to cut the carbon footprint in Cote d’Ivoire. As such, the GOS will provide the eighteen Orange Middle East and Africa (OMEA) subsidiaries with combined hosting and infrastructure operation services, platforms, and IT. […]
France based -cloud provider OVHcloud generated revenues of $200 million for the fiscal quarter that ended on 30 November, up 13.9 percent year-on-year on a reported basis. After the growth rate reached 13.5 percent when excluding the impact of the fire incident at OVHcloud’s data center in Strasbourg and adjusting for scope/currency movements, the company said that its performance met expectations […]
Dutch health technology company Philips on Wednesday said it expected fourth-quarter core profit to drop around 40% to about 650 million euros ($739.25 million), hit by a global shortage of electronic components and the fallout of a massive recall of ventilators. Comparable sales fell 10% on a yearly basis to 4.9 billion euros, Philips said […]
The operator Telia Lithuania purchased a two hectare land plot near Vilnius as the site for a new data center. This will be the largest data center in the country, according to its plans, and the company will invest $11 million in its construction. It took over the rights of ownership for the plot at […]
U.S.-based telecom giants AT&T and Verizon expressed on Sunday their utter rejection of U.S. regulatory demand to postpone their 5G rollout of some wireless services, initially set to be released this week. The telcos’ chief executive officers (CEO), John Stankey and Hans Vestberg sent to U.S. regulators a joint letter igniting tensions between the companies […]
Telecom operator Bharti Airtel and IT major Tata Consultancy Services partnered to build a 5G-based remote working technology using robotics, according to a press release from the digital communications solution provider. While both companies are operating the trials in Airtel’s 5G lab at Manesar, these solutions will allow remote robotic operations in possibly dangerous environments […]