Singapore. 17 May 2022 – MATRIXX Software, a global specialist in 5G and real-time monetisation solutions, today announced it has deepened its partnership with StarHub, a homegrown Singapore digital service provider that delivers communications, entertainment and the most enriching experiences. MATRIXX will now provide its cloud native, converged charging system (CCS) as a key component of StarHub’s transformed digital IT infrastructure that supports its mobile postpaid and prepaid customers, for both existing 4G and 5G Standalone (5G SA) services. (more…)
May 17, 2022
Posted by: Shriya Raban
Tampa and San Francisco, United States. 16 May, 2022 – Syniverse, communications technology provider to carriers and enterprises, and Twilio, the customer engagement platform that drives real time, personalised experiences for today’s brands, announced that the companies have closed on their previously announced strategic partnership. Twilio has invested [$750 million (€720.50 million)] for common equity in Syniverse, and the two companies have expanded their strategic and commercial partnership. Twilio is now a significant minority owner of Syniverse with Carlyle maintaining its majority stake.
Under the terms of the transaction, Twilio has invested [$750 million (€720.50 million)] in Syniverse, with Syniverse concurrently having raised [$1.025 billion (€0.98 billion)] in new term loan debt and [$340 million (€326.63 million)] in new preferred equity, the proceeds of which were primarily used to reduce leverage.
Syniverse’s chief executive officer Andrew Davies comments, “This transaction provides Syniverse with the enhanced liquidity and financial flexibility that will enable us to accelerate investment in innovation, product quality, and breadth to benefit our enterprise and carrier customers around the world. Our partnership with Twilio, combined with our enhanced balance sheet following this new infusion of capital, leaves us well positioned to more effectively monetise the 5G and CPaaS revolutions, deepen our engagement with our customers across key industry verticals and create long-term value and opportunity for all our stakeholders.”
Through this partnership, Syniverse will benefit from Twilio’s breadth of experience serving enterprise customers to capitalise on the next wave of growth in digital communications. Syniverse will also be even better positioned to serve its carrier customers and support continued innovation, customer service and lasting growth.
Simon Khalaf, Twilio’s senior vice president and GM of communications Platform, says “We are pleased to have closed this partnership and investment to accelerate the next wave of innovation in mobile communications and drive long-term growth.”
James Attwood, senior advisor at Carlyle and Chairman of Syniverse, says “Today marks a new day for Syniverse and for Carlyle’s investment in the business. We look forward to continuing to partner with Syniverse and Twilio to accelerate the next wave of innovation in intelligent connectivity and communications.”
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May 16, 2022
Posted by: Janmesh Chintankar
Herndon, United States. 16 May, 2022 – ST Engineering iDirect, a global provider in satellite communications, will provide internet service provider and longtime customer, InterSAT Communication Services FZCO, with a significant technology upgrade, enabling it to deliver enhanced services to its customers across the African continent. The upgrade to its existing evolution platform will allow InterSAT to leverage new technologies and efficiencies to remain competitive in an increasingly challenging market. (more…)
Posted by: Janmesh Chintankar
Grapevine, Texas, 10 May 2022 – Today at its inaugural Intel Vision event, Intel announced advancements across silicon, software and services, showcasing how it brings together technologies and the ecosystem to unlock business value for customers today and in the future. Among the benefits highlighted across real-world examples are improved business results and insights, reduced total cost of ownership, accelerated time to market and value, and positive global impact. (more…)
May 12, 2022
Posted by: Shriya Raban
Espoo, Finland. 11 May 2022 – Nokia announced two new Software-as-Service (SaaS) offerings that help communication service providers (CSPs) and enterprises strengthen their energy efficiency efforts and optimise the management of home devices. The announcement is the latest push by Nokia to provide its customers with faster time-to-value in operating their telecom networks and delivering new services. (more…)
Posted by: Shriya Raban
London, UK. 11 May 2022 – Soracom, Inc., a global provider of advanced IoT connectivity, announced the expansion of its Soracom Partner Space programme to new members throughout the Americas and Europe. The program now reaches more than 800 members throughout the world, including more than 100 certified partners representing hardware, software, solutions and integration services. (more…)
May 11, 2022
Posted by: Shriya Raban
AT&T* is introducing AT&T SASE with Cisco Meraki designed to provide businesses of nearly any size and industry with a powerful networking and security offering. This new managed service helps organisations improve network performance, enable resilient access and defend sensitive data. The service also helps protect against unauthorised use and loss. It does this while delivering flexibility for customers as their networking environments evolve due to business growth, location expansion and changes in strategy. (more…)
May 6, 2022
Posted by: Shriya Raban
London, UK. – NTT Ltd., a global technology and business solutions provider, announced the launch of its IoT Services for Sustainability offering. The new end-to-end stack of solutions will help businesses advance progress against global sustainability initiatives and make data-driven decisions to reduce their carbon footprint through the intelligent use of IoT connectivity. (more…)
May 5, 2022
Posted by: Shriya Raban
Houston and Amsterdam. 5 May 2022 – Hiber, the satellite-enabled IoT scale-up, is rolling out its HiberHilo remote well monitoring technology in the United States to help oil and gas producers monitor their remote wells via satellite connectivity. The technology unlocks significant improvement in the production, downtime reduction, safety, and sustainability of oil and gas wells. (more…)
Posted by: Shriya Raban
London, United Kingdom. 04 May, 2022 – Allied Telesis, a provider of hardware and software products that allow customers to build secure, feature-rich, and scalable data exchange solutions, announced its launch of the TQ6702 GEN2 Wi-Fi 6 (8×8) wireless access point. Allied Telesis Wi-Fi 6 solutions, with a raw capacity of 4.8 gigabits, are here to power todays’ mobile experiences, offering faster speeds for immersive-experience applications and more capacity for mobile and IoT devices. (more…)
May 4, 2022
Posted by: Janmesh Chintankar