Telecom Industry News
A collection of Telecom latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Telecom Companies to Buy Patrick Drahi's SFR for $23.5 Billion
A consortium has agreed to buy Patrick Drahi's French telecommunications operations for more than $23 billion, in a deal that dismantles a major plank of the billionaire's once-sprawling business empire. Bouygues Telecom, Orange and Free-iliad…
French telecom rivals strike $23.5B deal to acquire SFR from Altice
The SFR acquisition could reduce four national telecom operators to three, potentially easing competitive pressures and improving industry profitability, but may also face regulatory scrutiny over reduced consumer choice. Investors could see…
French mobile operators agree 20.4-bn-euro joint bid for SFR
Three of France's mobile operators have agreed a joint bid worth 20.4 billion euros ($23.5 billion) for rival SFR, owned by indebted French-Luxembourg telco group Altice. The deal, reached Saturday and subject to regulatory approval, is one of the…
Nvidia's CEO says new Vera chip will use SK Hynix's memory chips
Nvidia Corp. Chief Executive Officer Jensen Huang said its new Vera central processing units will use SK Hynix Inc.'s memory chips as the two companies prepare to do more business in the coming year. “We had a very big year this year with SK…
Nvidia unveils AI infrastructure deals in South Korea
US chip titan Nvidia on Monday announced a large-scale data centre construction project in South Korea with SK Telecom, among a raft of other business deals in the country. Nvidia, the world's most valuable company, also said it would work with…
Prediction: SpaceX Won't Merge With Tesla. It's Going to Buy This Nvidia-Backed Artificial Intelligence (AI) Company Instead.
According to freshly published details, SpaceX is pricing its upcoming initial public offering (IPO) at $135 per share and plans to offer 555.6 million shares. This implies that the SpaceX IPO would raise $75 billion -- the largest of any company…
Global stock markets fall as concerns persist over tech firms at heart of AI boom
Global stock markets have fallen amid concern about the prospects for tech stocks while oil prices have risen as attacks in the Middle East stoked fears that a fragile truce in the region could break. Stock markets in Asia and Europe fell on Monday…
Farmers face hammering from 90% rent slash under sped-up Labour reforms
Telecommunications tower for mobile and cell phone Nearly one in five telecoms mast hosts could see slashed rental income following Labour's decision to press ahead with controversial reforms. Rural landowners who have phone masts on their land…
Is ADTRAN Holdings, Inc. (ADTN) A Good Stock To Buy Now?
Is ADTN a good stock to buy? We came across a bullish thesis on ADTRAN Holdings, Inc. on X.com by @TheValueist. In this article, we will summarize the bulls' thesis on ADTN. ADTRAN Holdings, Inc.'s share was trading at $18.26 as of June 2. ADTN's…
SK Telecom to Build AI Factory Network in Korea Powered by NVIDIA DSX Platform
NVIDIA and SK Telecom announced that SK Telecom plans to build a gigawatt-scale AI Cloud in Korea using the NVIDIA DSX™ platform, with the first AI factory coming online in 2027. An AI Cloud is large-scale AI infrastructure comprised of AI…
Nvidia clinches deals with South Korean giants include SK Group to advance AI boom
Nvidia on Monday announced a series of deals in South Korea with tech giants including SK Hynix and Naver, as it looks to secure crucial memory chips to power its AI ambitions and entice new customers. SCROLL TO CONTINUE WITH CONTENT The agreements…
French mobile operators agree 20.4-bn-euro joint bid for SFR
The deal, reached Saturday and subject to regulatory approval, is one of the biggest European telecoms deals in recent years, and represents a major shake-up in France's telecommunications sector. The three operators behind it -- Bouygues Telecom…
SK Telecom Partners with NVIDIA to Develop AI Cloud Infrastructure with First AI Factory in 2027
NVIDIA and SK Telecom announced that SK Telecom plans to build a gigawatt-scale AI Cloud in Korea using the NVIDIA DSX™ platform, with the first AI factory coming online in 2027. An AI Cloud is large-scale AI infrastructure comprised of AI…
ATN International Stock: Future Looks Promising After Tower Sale Closed (NASDAQ:ATNI)
ATNI's tower sale has shifted my bull case from deal approval risk to now mostly being about management executing on a leaner corporate strategy. ATNI's International Telecom remains the main profitability source, while US Telecom is still…
Orange, Bouygues Telecom & iliad Sign MoU to Acquire SFR from Altice France
Orange, alongside Bouygues Telecom and the Free–iliad Group, announced the signing of a MoU with Altice France for the acquisition of SFR1, France's second-largest telecommunications operator. This acquisition is in line with Orange's…
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