Network Operators Got $42.3 Million for Open RAN Their Testing Needs The U.S. federal government has granted $42.3 million to a consortium of major telecom network operators and suppliers to make their Open Radio Access Network ambitions come true. The National Telecommunications and Information Administration (NTIA) has granted $42.3 million for the deployment of Open […]
U.S. Federal Government
U.S. authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank (SVB) and try to stem any broader financial fallout from the sudden collapse of the tech startup-focused lender, sources familiar with the matter told Reuters. Biden administration officials worked through the weekend to assess the impact of SVB Financial […]
Possible buyers of the UK arm of failed U.S. lender Silicon Valley Bank emerged on Sunday as Prime Minister Rishi Sunak said the British government was working to find a solution to limit the potential hit to companies resulting from the demise. SoftBank-owned lender OakNorth Bank is weighing a bid to buy Silicon Valley Bank […]