Investment

The new arrangement would allow OpenAI to raise capital under a conventional governance structure, with the long-term goal of going public to finance its AI ambitions In sum – what to know: OpenAI restructures with Microsoft deal – A non-binding …

Vodafone said that e& currently owns 3.94 billion voting rights in the company U.K.-based Vodafone Group said Emirates Investment Authority, which operates under the e& brand, has raised its shareholding in the company and now owns 15.01% of its voting …

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 in Anthropic, an AI safety and research company based in …

Cohere Technologies has developed Universal Spectrum Multiplier (USM) software for existing networks and Open Radio Access Networks U.S. network software firm Cohere Technologies announced it has received investment funding from Bell Ventures, which is the corporate venture capital arm of …

Teridion Technologies provides multi-cloud WAN systems to connect business premises to cloud centers Deutsche Telekom has invested $25 million in Teridion Technologies, a cloud connectivity software start-up that the operator has been working with since early 2022, to strengthen its …

The investment is thought to be a response to an unprecedented revenue slowdown for Alibaba In an effort to combat a historical slowdown, Alibaba has revealed a $1 billion investment to support its international cloud computing customers and partnerships. The …

Singtel is increasing its investment in Intouch Holdings, which is the parent company of Thai carrier AIS Singapore telecommunications operator Singtel is increasing its stake in Thai operator Advanced Info Services (AIS) through a new investment by its subsidiary Singtel …

Verizon is allocating an additional $149 million to Florida and will build more than 3,500 new network solutions According to The Palm Beach Post, more than 547,000 people have traded their out-of-state driver’s licenses during 2021 for one from Florida. …

Smart city spending will jump by almost a fifth in 2020, with the biggest city protagonists in the space set to spend at least $1 billion each. The big opportunity for vendors, however, is with cities with digital-change budgets of …

Within the telecom industry, views differ widely on the scale of the IoT investment opportunity Asked at a recent conference when the “Internet of Things” will make a material difference to his company’s financial performance, the CEO of one major telecom …

Within the telecoms industry, views differ widely on the scale of the IoT investment opportunity Asked at a recent conference when the Internet of Things (IoT) will make a material difference to his company’s financial performance, the CEO of one major …

LTE expansion is primary goal of investment Spanish group Telefónica has announced two major investments in Peru and Argentina. The Telco confirmed that it will invest approximately $2 billion in 2015-17 to deploy telecom infrastructure throughout Peru. During a visit to the …

Between 2006 and 2013, telecom investment by seven major European operators, including such giants as Orange, Deutsche Telecom and Vodafone, fell 5%. In contrast, the four U.S. operators – AT&T, Verizon Communications, Sprint and T-Mobile US – increased investment by 39%. …

Argentina’s new telecommunications and information services bill has passed the lower house of congress. The digital bill – which defines new information technology as a public service, broadening the concept of Internet access – drew strong criticism from opposing members, who claim it favors monopolies. The …

There’s been a lot of buzz in the news lately about the London startup scene for tech. It seems things are really taking off for London. The latest news focuses on the launch of a $140 million fund aimed at …

Brazil’s government has approved a tax break program that exempts companies from several federal taxes related to investment in telecommunications networks. A total of 1,400 projects are expected to fall under the tax relief program, totaling almost U.S.$2.67 billion (R$6 billion) …

Mexico’s telecommunications sector grew 12.5% during the first quarter of 2013 compared to the same period of 2012, according to Telecommunications Sector Production Index data. The telecom sector grew more than the Mexican GDP, which grew .8% for the period. …

Telecom Italia’s Brazilian unit, TIM, announced that it will invest U.S.$5.41 billion from 2013 to 2015, focusing on increasing its customer base, expanding 3G coverage and improving service quality.  Follow RCR Wireless News—Americas on Twitter, Facebook and subscribe to our free periodic newsletters The company …

Telefónica announced that the company will invest approximately U.S.$791 million (Bs3.4 billion) in its Venezuelan unit during 2013—an increase of 47% compared to 2012. The investment will focus on the installation of 1,525 nodes, tripling the company’s fiber deployment throughout …

The Argentinean unit of Spain-based carrier, Telefónica, announced that it will invest about $2.042 billion (10,000 million pesos) over the two-year period of 2013-2014. Investments will focus on developing communication services and expanding the company’s data-customer base, as well as …

The software giant Microsoft announced it will invest U.S.$98.24 million (R$200 million) focused on research, development and innovation in Brazil. The company said it will boost national competitiveness, while unveiling a series of planned initiatives to establish an advanced technology laboratory …

After releasing positive third quarter results, the giant Latin American telecom group América Móvil released its forecast of U.S.$10 billion in investments during 2013—an amount similar to the amount in 2012. Follow RCR Wireless News—Americas on Twitter, Facebook and subscribe to our free periodic …

The LTE journey has begun in Mexico. Telefónica’s Movistar brand has begun deploying LTE across the country, with initial launch plans to cover the areas of Polanco, Ciudad de México; Zapopan, Jalisco; and San Pedro, Nuevo León. The announcement was …

ETB (Empresa de Telecomunicaciones de Bogota), a Colombian state-owned telecommunication company,  plans to issue U.S.$600 million in bonds in international capital markets to fund the expansion of its fiber optic network, according to the local media which cited Bogota’s mayor, Gustavo Petro. …

The Venezuelan wireless company Movistar, a unit of the Spanish group Telefónica, announced it is increasing its infrastructure investment in 2012 to U.S.$535 million (Bs.2.300 million). It has also been awarded 20 MHz in the 1900 MHz spectrum band. Follow …