YOU ARE AT:Business

BROWSING: Business

‘Recovery in sight’ for global smartphone market, despite 11% decline: Canalys

The global smartphone market declined for the sixth consecutive quarter since 2022, according to the latest data from Canalys According to the latest data from Canalys, the global smartphone market declined by 11% year-on-year in the second quarter of 2023, due to such low demand that even giants...

Broadcom provisionally cleared to buy VMware by UK

Broadcom announced plans to acquire VMware for $61 billion in May 2022 Following a previous delay while regulators in both Europe and the U.S. asked for more time for consideration, Broadcom’s plan to acquire VMware for $61 billion, first announced in May 2022, has received provisional approval...

To meet expectations of PE firms, CSPs must diversify business models and embrace collaboration (Reader Forum)

Over the past four years, Communication Service Providers (CSPs) have merged or sold their network assets to help address the issue of a lack of differentiation and counteract the gradual decline of their stock market valuations. Many have turned to private equity firms to...

UK regulator extends review of Microsoft-Activision gaming deal

In January 2022, Microsoft announced plans to acquire Activision for $68.7 billion This week saw movement around Microsoft’s ambitions to purchase game publishing giant Activision Blizzard for nearly $70 billion. The U.K.’s Competition and Markets Authority (CMA) extended the deadline for a review of the...

Ericsson sales drop, but Q2 results still ‘in line with expectations’

While Network sales declined by 13%, Enterprise sales grew by a 20%, and in total, Ericsson reported $6.3 billion) in sales Ericsson reported a loss of $65.2 million in its second quarter and shares slid down 8.7%., but said its overall results are “in line with expectations.” Further,...

Broadcom, VMware deal gets conditional EU greenlight

Broadcom promises continued interoperability with VMware for rival Marvell Broadcom's proposed $61 acquisition of VMware has the go-ahead from EU regulators—with some caveats, mostly focused on continued interoperability of VMware software with rival vendors such as Marvell. According to the European Commission, Broadcom's acquisition of...

BT Group CEO announces departure

BT Group CEO Philip Jansen has confirmed plans to leave his role in the next 12 months After months of rumors, BT Group CEO Philip Jansen has confirmed plans to leave his role in the next 12 months. In March, U.K. newspaper The Mail on Sunday reported...

Nokia and Apple enter new license agreement

Nokia said it expects to recognize the revenue related to the latest new agreement with Apple starting in January 2024 Nokia this week announced a new patent cross-license agreement with Apple to replace the current license that is due to expire at the end of...

Telco reinvention: Putting the customer first (Part 1)

Facing challenges at every layer of technology and business, operators need a “silver bullet machine gun”  The world of operators is confusing at the moment. Networks are rapidly changing, business models need to change just as rapidly, money is tight and return on the billions...

Deutsche Telekom, Helium Foundation address ‘IoT fragmentation’ with new partnership

The collaboration will allow users to easily and more flexibly onboard and manage smart IoT devices on the Helium Network This week, the Helium Foundation and Deutsche Telekom (DT) announced a new initiative to bring Helium Network connectivity to the IoT Creators platform, which will offer an integrated Helium LNS (LoRaWAN Network Server). This, said the companies, will allow...

IBM to acquire FinOps software company for $4.6 billion

IBM said the acquisition of Apptio is a 'continuation of  deep focus and investment in hybrid cloud and AI' IBM this week announced plans to purchase Apptio, a financial and operational IT management and optimization (FinOps) software company, for $4.6 billion. According to IBM, the acquisition...

Kagan: Line blurs between industry analysts and tech influencers

Over three decades as a Technology Industry Analyst, my brand has now expanded to the Tech Influencer space. Over that time, I have learned many important lessons, which every marketing executive needs to know. The marketplace is getting noisier and more chaotic. Today, the...

The Sunday Brief: What they said—second quarter clues from analyst conferences (Part 1)

Greetings from Nebraska and Missouri.  Pictured are the balloons from the Friday night glow at the Sedalia Hot Air Balloon and Kite Festival this past weekend.  It was spectacular, and Fastwyre was proud to be a sponsor.  Fortunately, the rains held off for most...

Vantage Towers finds new CEO in ex-Ericsson, T-Mo US exec

Christian Hillabrant will be responsible for Vantage Towers' digital transformation across Europe Vantage Towers has named Christian Hillabrant, former T-Mobile US and Ericsson executive, as its next CEO. The company’s current interim CEO Thomas Reisten, who took the job when former CEO Vivek Badrinath revealed...

Kagan: Amazon needs to fix weak links in otherwise strong chain

Like so many others, I am a happy Amazon.com customer. However, there are times when this train runs off the track and they harm their own brand. These moments are like black holes that can surprise the customer and damage the brand. That’s why...

Kagan: Thoughts as CNN leaves Atlanta for DC and NYC

The iconic and flamboyant Ted Turner started CNN in 1980, around the same time I first came to Atlanta. Now as CNN departs their huge world headquarters at the CNN Center in downtown Atlanta, it’s a good time to remember this amazing story of...

Kagan: AT&T pays high price for weakness in customer care

Ever since Alexander Graham Bell invented the telephone, AT&T has been one of America’s crowning achievements. Over time it grew into one of the best-known and strongest brands. Then about twenty-five years ago things started to unravel for Ma Bell. They were dying on...

T-Mobile US CEO ties being ‘network leader’ to TAM expansion

From enterprise and government to rural markets and prime network seekers, T-Mobile US sees room to run beyond 2025 Speaking this week at the JP Morgan Global Technology, Media and Communications Conference in Boston, T-Mobile US CEO Mike Sievert brushed aside the doom and gloom...

Well, technically… RFID tech helps connect the dots in global supply chains: Beontag’s Barbara Dunin (Ep. 95)

Supply chain transparency is key to helping companies meet their sustainability and equity goals, so why are so few making use of the tools that already exist to take a deeper look? In the latest episode of Well, technically…, Barbara Dunin, the ESG and...

Broadcom acquisition of VMware delayed, again

Broadcom first announced plans to acquire VMware for $61 billion in May 2022 Broadcom’s plan to acquire VMware for $61 billion, first announced in May 2022, has encountered another setback. Regulators in both Europe and the U.S. are still looking into the proposed merger and...

Wireless as a wireline replacement, and the cost-savings argument for 5G

Verizon Business CEO Kyle Malady on shedding network technical debt via wireless WASHINGTON, DC—Much of the focus on operators obtaining ROI on their massive 5G network investments has focused on monetization of those networks, either via consumer upgrades or new enterprise use cases and services...

China bans US chipmaker Micron, fanning global tensions

Micron failed to pass a cybersecurity review, says the Cyberspace Administration of China Tensions between China and the U.S. escalated over the weekend when the Cyberspace Administration of China (CAC) announced its decision to ban Idaho-based memory chipmaker Micron from selling to Chinese companies. According...

The impact of IoT on customer engagement (Reader Forum)

How businesses run and engage with consumers is changing as a result of the Internet of Things (IoT). With IoT, businesses can collect vast amounts of data and turn them into meaningful insights. This can lead to improved customer engagement, better products and services...

Kagan: Why private wireless is one of the fastest growing sectors

As an Industry Analyst, I see growth in private wireless continuing to accelerate. There are many reasons enterprises are increasingly turning toward this fast-growing segment. Reasons like wireless is continuing to grow as an important communications tool. Private wireless being more secure than public...