5G

Tele2 Considers $500 Million Deal to Sell Baltic Mobile Towers

29 days ago

In a significant move within the telecommunications sector, Swedish telecom operator Tele2 is reportedly evaluating a strategic sale of its mobile tower assets in the Baltic region, with an estimated value of around $500 million. This decision marks a pivotal step as companies increasingly seek to optimize their operational focus and bolster financial positions.

Brazil's Economic Activity Surpasses Expectations in Early 2025

1 month ago

In a surprising turn of events, Brazil's economy has shown substantial growth at the start of 2025, exceeding analysts' forecasts and signaling a robust recovery from previous downturns. According to freshly released data from the national statistics agency, the economic activity in Brazil surged by a remarkable percentage, painting an optimistic picture for the nation’s financial landscape.

Telecom Leaders Demand Reforms Amid EU Bureaucracy Frustrations

2 months ago

Telecommunications executives have expressed mounting frustration with the European Union's regulatory environment, calling for urgent reforms to accelerate infrastructure investments and foster innovation in the sector. The sentiment was captured at a recent industry summit, where top CEOs voiced their concerns about bureaucratic obstacles that hinder progress in an increasingly competitive market.

FAA Considers Terminating Verizon Deal Amid Ongoing Starlink Terminal Trials

2 months ago

In a significant development that could impact telecommunications and satellite internet services, the Federal Aviation Administration (FAA) is reportedly weighing the cancellation of its current agreement with Verizon Communications Inc. This decision comes as the agency evaluates the potential ramifications of ongoing tests involving SpaceX's Starlink satellite internet terminals.

Italy's Poste Acquires Stake in Telecom Italia, Backed by Government Approval

2 months ago

In a significant development for Italy's telecommunications sector, Poste Italiane has recently acquired a notable stake in Telecom Italia (TIM). This strategic move comes with the green light from the Italian government, which has shown an increasing interest in stabilizing and advancing the nation's digital infrastructure.

Nokia Appoints Intel’s Justin Hotard as New CEO Following Pekka Lundmark’s Departure

2 months ago

Nokia has made a significant leadership change, naming Justin Hotard, a senior executive at Intel, as its new Chief Executive Officer. This decision comes after the departure of Pekka Lundmark, who has led the Finnish telecommunications giant since 2020. Hotard's appointment is expected to pave the way for Nokia to enhance its focus on 5G technology and expand its market share amid an evolving technological landscape.

Nokia Anticipates Decline in Profit as Businesses Postpone Network Enhancements

3 months ago

Nokia, the Finnish telecommunications giant, has announced a less optimistic outlook regarding its profits for the upcoming quarter. The company is experiencing mounting pressure as numerous businesses choose to delay vital upgrades to their network infrastructure. This decision is primarily driven by the current economic uncertainties that have left many companies hesitant to invest heavily in technological advancements.

Australian Business Conditions Surge in December, Boosted by Retail Sector Growth

3 months ago

In a marked improvement, Australian business conditions experienced a notable rise in December, primarily fueled by a robust performance in the retail sector. This positive shift is a critical indicator of the nation’s economic health as it enters 2025. The findings from the latest survey provide insights into how businesses are navigating evolving market dynamics amid rising consumer demand.

Abbott's 2025 Profit Forecast Aligns with Market Expectations, Driven by Surge in Device Demand

3 months ago

Abbott Laboratories has recently announced a profit forecast for 2025 that is in line with market expectations, primarily driven by a surge in demand for its medical devices. The company, known for its extensive range of healthcare products, revealed that its strong outlook is bolstered by recovery in hospital settings and an increase in outpatient procedures.

Windfall for Telecom Italia: Italian Court Confirms €1 Billion Boost

3 months ago

In a landmark ruling that promises to significantly bolster the financial landscape for Telecom Italia, an Italian court has upheld a decision granting the telecommunications giant a substantial €1 billion, roughly $1.1 billion windfall. This ruling, which finalizes the financial engagement between Telecom Italia and its former shareholders, marks a pivotal moment for the company as it continues to navigate the complexities of a constantly evolving market.