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Home - Business - Investing - Page 2

Business – Investing

  • SK Telecom invests $100m in Anthropic to boost AI innovation

    by Juan Pedro Tomás August 15, 2023
    by Juan Pedro Tomás August 15, 2023

    Anthropic said it will work with SK Telecom to fine-tune its AI model Claude to specific telco use cases Korean telco SK Telecom announced an additional investment of $100 million …

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  • Softbank considers purchase of remaining 25% stake in Arm

    by Catherine Sbeglia Nin August 14, 2023
    by Catherine Sbeglia Nin August 14, 2023

    SoftBank already owns 75% of the chip company SoftBank Group is reportedly in talks to purchase the remaining 25% of Arm it doesn’t already control directly from Vision Fund 1, …

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  • America Movil increases ownership in Telekom Austria

    by Juan Pedro Tomás July 26, 2023
    by Juan Pedro Tomás July 26, 2023

    America Movil said this transaction increases its overall shareholding in Telekom Austria from 51% to 56.55% Mexican telecommunications group America Movil has increased its ownership in Austrian mobile operator Telekom …

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  • Liberty Global to increase ownership in Belgium’s Telenet

    by Juan Pedro Tomás July 21, 2023
    by Juan Pedro Tomás July 21, 2023

    Liberty Global has been the controlling shareholder of Telenet since February 2007 U.S. company Liberty Global said it is in a position to bring its ownership in Belgian operator Telenet …

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  • Proximus to acquire India’s Route Mobile for $721 million

    by Catherine Sbeglia Nin July 17, 2023
    by Catherine Sbeglia Nin July 17, 2023

    Proximus Opal provides cloud-based telecom platforms for enterprise customers such as Salesforce and TikTok creator Bytedance Proximus Opal, a unit of Belgian telecom service provider Proximus Group, announced plans to …

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  • Arrcus secures new investment from Hitachi Ventures

    by Juan Pedro Tomás July 17, 2023
    by Juan Pedro Tomás July 17, 2023

    Arrcus said the investment will enable the firm to accelerate growth and expand market reach Networking software company Arrcus announced a new investment from Hitachi Ventures for an additional closing …

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  • Foxconn to build telecoms, EV equipment factories in Vietnam

    by Catherine Sbeglia Nin June 30, 2023
    by Catherine Sbeglia Nin June 30, 2023

    Foxconn is investing $246 million in Vietnam’s northern province of Quang Ninh Reports indicate that Hon Hai Technology Group (Foxconn) has been granted permission by Vietnam authorities to invest $246 …

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  • Samsung foundry vision includes focus on AI and expanding capacity

    by Catherine Sbeglia Nin June 28, 2023
    by Catherine Sbeglia Nin June 28, 2023

    Samsung also shared that it has secured additional foundry partners for its Samsung Advanced Foundry Ecosystem (SAFE) At its 7th annual Samsung Foundry Forum (SFF) 2023, Samsung shares its latest foundry …

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  • AWS invests $100 million in generative AI

    by Catherine Sbeglia Nin June 23, 2023
    by Catherine Sbeglia Nin June 23, 2023

    The decision puts AWS in a better position against rivals Microsoft and Google Amazon Web Services (AWS) has announced a $100 million investment to develop a center to help enterprises …

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  • True and Dtac merge to create biggest telco in Thailand

    by Juan Pedro Tomás March 2, 2023
    by Juan Pedro Tomás March 2, 2023

    Thai carriers Total Access Communication (Dtac) and True Corp have completed their merger. Nordic operator Telenor, which partially ownes Dtac, said in a statement that the transaction is the largest …

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  • Hyundai Motor, KT boost partnership on future mobility tech

    by Juan Pedro Tomás September 8, 2022
    by Juan Pedro Tomás September 8, 2022

    Hyundai Motor and KT plan to form and operate a committee to promote future new projects and advanced research Korean car maker Hyundai Motor Group said it will expand its …

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  • Singtel reduces its direct stake in Bharti Airtel to raise cash for 5G

    by Juan Pedro Tomás August 25, 2022
    by Juan Pedro Tomás August 25, 2022

    Singtel noted that the transaction will help to meet the group’s needs for 5G and growth initiatives in the next few years Singaporean operator Singtel announced plans to divest part …

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  • Singtel analyzes potential sale of Trustwave: Report

    by Juan Pedro Tomás August 23, 2022
    by Juan Pedro Tomás August 23, 2022

    Singtel had acquired Trustwave in 2015 in a transaction valued at $810 million Singaporean telecom operator Singtel is considering whether to sell its cybersecurity business Trustwave Holdings, Bloomberg reported, citing …

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  • Stonepeak to buy 29% stake in American Tower’s US data center business

    by Juan Pedro Tomás July 12, 2022
    by Juan Pedro Tomás July 12, 2022

    American Tower will retain managerial and operational control of the data center business American Tower Corporation and Stonepeak, an investment firm specializing in infrastructure and real assets, announced that Stonepeak, …

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Since 1982, RCR Wireless News has been providing wireless and mobile industry news, insights, and analysis to mobile and wireless industry professionals, decision makers, policy makers, analysts and investors.

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Red Hat outlines AI-RAN roadmap
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