Private equity firm Apollo Global Management is acquiring Lumen Technologies ‘ILEC (Incumbent Local Exchange Carrier) telco and fiber network business assets for $7.5 billion.
Reports and Coverage
The constant and rapid technological evolution has put forth trends and concepts that now make the telecom and ICT industry quite a diverse and developed sector. Open radio access network, known as Open RAN, is one of the trends that has been shaping the industry. Leading telecom brands and experts are mobilized to further develop this network architecture; however, different points of view exist regarding some of its controversial aspects.
As policymaking in Washington — from economics to infrastructure — is increasingly formulated to go head-to-head with China, businesses have recently expressed their major concerns to take “swift action” in addressing “burdensome” tariffs.
The wireless industry invested $30 billion in 2020 to power America’s world-leading wireless networks, according to CTIA’s 2021 Annual Wireless Industry Survey. This represents a five-year high and the third straight year of increasing capital expenditures, pushing cumulative industry investment over $600 billion.
The auction of spectrum licenses in the 3500 MHz band in Canada raised about CAD $8 billion. As per the results, small and regional providers have increased their spectrum assets by over 50% across the country.
Edge data centers are one of the foremost developments in the new world of networking and IT. As low-latency and high-speed-dependent applications like 5G, IoT and AI drive the redistribution of existing topologies, the ecosystem at the edge is only growing stronger. Still, as we race toward a world that puts computing as close to the end user as possible, it’s important to stop, take stock of the state of affairs, and ask ourselves what the reality of this situation is.
KOHLER Power introduced the KOHLER eFRAME industrial generator enclosures that exceed the stringent expectations of mission critical applications – namely data centers – including shortened lead times, ease of installation, service and maintenance.
Global Cloud Xchange (GCX) announced a strong close to Fiscal Year 2021 (FY21), ending March 31, 2021 when they revealed their Q4 financial, operational and cash flow results. After successfully completing the company’s financial audit, GCX reveals strong cash flow and steady linear growth over the past year.
MEF announced several milestones for its MEF 3.0 certifications, fueled by the need for validated services, technologies, and professionals to help enable enterprise digital transformation. More than sixty service providers and technology vendors around the globe now offer MEF 3.0-certified Carrier Ethernet (CE) and SD-WAN solutions.
Toni Eid, of the Telecom Review Group, graced the stage as one of the speakers of the physical-only session that highlighted the switch to a cloud native approach in terms of connectivity.