Summary of today’s industry news: Bell Canada will cut approximately 5,000 jobs in 2024 and slow expansion of its fiber-optic network. Chip designer Arm reported an impressive fiscal third quarter, helped by increased AI spending. In the run-up to MWC24, his cutting-edge 5G test results are being shared by his BT, Elisa, Verizon, Qualcomm, Ericsson, and more.; etc!
Bell Canada Enterprises (BCE), Canadian telecommunications company owner bell canada Mass media company Bell Media will lay off about 4,800 people this year, including 750 contractors (9% of its workforce), as part of its “largest workforce restructuring plan” in nearly 30 years. I plan to. The company, which announced the plan alongside its results, estimates that the job cuts will result in “annual cost savings” of between C$150 million (US$111 million) and $200 million (US$148 million). , added that the changes “improve Bell’s position.” For future success. ” Capital expenditure (capex) also faces a reduction of more than $1 billion (US$742 million) from 2024 to 2025, with half of this target set for 2024. Part of the plan states, “The company cites Canadian Radio-television and Telecommunications Commission (CRTC) action starting in November 2023 and the・He stated that he referred to the rate determination. Related to wholesale network access. At the time, the commission decided to provide competitors of major carriers in Ontario and Quebec with a “viable method of selling Internet services using fiber to the home.” [FTTH] network of major telephone companies. Following this decision, Bell has now announced that it plans to “cap its fiber speeds at 3Gbit/s.” “Today’s changes are difficult but necessary to respond to evolving external factors, accelerate our transformation, and ensure Bell’s future health and longevity. In doing so, we We can continue to advance our purpose of advancing our connections with each other and with the world,” commented Mirko Bibic. , President and CEO of BCE and Bell Canada. Looking at BCE’s 2023 earnings, the company reported operating revenue of $24.7 billion (US$18.3 billion), an increase of 2.1% year-on-year, but net income of $2.3 billion (US$1.7 billion), a decrease of 20.5%. It was reported that it happened. read more.
Meanwhile, Bell Canada’s domestic rivals are terraceannounced plans to upgrade its network from copper to fiber. The company said in a statement that it has migrated more than 500,000 residential customers from its legacy network to its high-speed fiber optic internet service, called PureFibre. Telus added that as of the end of 2023, it has relocated 98% of its target customers and 14 “major regions” across British Columbia and Alberta are now “completely copper-free.” The company also said that because fiber is up to 85% more energy efficient than copper, this type of network has helped reduce greenhouse gas (GHG) emissions by more than 7,400 tons since 2018. Ta. “This has allowed us to recycle or reuse more than 3,600 tonnes of copper, offsetting the need to mine new copper sources,” the company explained. learn more.
Giant of semiconductor design arm announced better-than-expected third-quarter results, with sales up 14% year over year to $814 million, the company’s highest quarterly revenue ever, and gross profit up 13% to $788 million. It was a million dollars. . The company said the increase in sales was driven by license fee payments from semiconductor manufacturers that use its designs and royalty payments from chip manufacturers that use its patented technology (intellectual property, or IP). It was pointed out that In a letter to shareholders, the company said: “Our highest royalty revenue in history was driven by multiple factors. First, we continue to benefit from increased royalty rates as adoption of Armv9 technology increases. Armv9 product royalties Rates are typically at least twice the royalty rate for comparable Armv8 products, which we believe will continue to increase royalty income as multiple end markets migrate to Armv9. Second, Arm continues to gain market share in the growing markets of cloud servers and automotive, driving new growth trends in loyalty.Finally, the broader semiconductor market is showing signs of recovery, particularly in smartphones. returned to strong growth in the third quarter. Arm’s licensing revenue was supported by increased demand for new technologies around AI, from the most complex AI cloud applications to the smallest edge devices. , AI on Arm is everywhere. Arm’s high-performance, power-efficient CPU platform is being used by a growing number of software developers, making it easier for OEMs to adopt Arm technology, making it easier for OEMs to adopt Arm-based chips. And that’s creating more demand for Arm.” And according to Richard Windsor, an experienced technology and investment analyst, Arm’s future looks healthy. “Arm delivered a strong performance that silenced its critics and also sprinkled in some AI pixie dust, giving the market confidence that the AI story is real,” he wrote in his latest paper. ing. Radio Free Mobile Blog.
BT Group completed The network slicing test “promises new capabilities for consumers and businesses” in the 5G standalone (SA) era.collaboration with Ericsson and QualcommThe UK telco will use Ericsson’s 5G core and radio access network (RAN) technology and Qualcomm devices to develop end-to-end consumption enabled by network slicing at its research and development hub in Adastral Park. conducted a test of 5G differentiated connectivity for individuals and enterprises. The trial will establish network slices designed for gaming, enterprise, and enhanced mobile broadband (eMBB), with the aim of “allocating portions of the 5G SA network to provide dynamic partitioning for specific use cases. , we demonstrated how optimal performance can be achieved. It is maintained even during peak times for bandwidth-intensive activities such as mobile gaming and video conferencing. Greg McCall, chief network officer at BT Group, said the trial showed how the company could use slicing to differentiate quality of service and guarantee performance for different segments.
BT’s announcement is just one example of increased efforts to enhance, or at least test, 5G capabilities ahead of Mobile World Congress (MWC) in Barcelona later this month. yesterday, Ericsson announced it is affiliated Qualcomm and Finnish telecommunications company Elisa We demonstrated high uplink speeds in a commercial 5G SA network, achieving upload speeds of 230 Mbit/s using uplink carrier aggregation. The Swedish vendor says the demo will provide Elisa subscribers with a “seamless user experience.” And Ericsson’s commitment to advancing 5G doesn’t stop there. Vendors also verizon To test a 5G technology called Low Latency, Low Loss, Scalable Throughput (L4S). This is said to be able to reduce latency and improve quality of service metrics for time-critical high data rate consumer and enterprise applications.look Verizon targets next wave of time-critical 5G apps with L4S.
Network operators from satellites to smartphones AST Space Mobile The company has won a contract from the U.S. government, marking a “significant milestone” in its still-evolving “growth trajectory” and highlighting the “versatile and dual-use capabilities of its technology.” The company said there are. This announcement. Financial details of the transaction were not disclosed. The unspecified “mission” the company will carry out on behalf of the U.S. government will be carried out using AST’s Blue Walker 3 satellite, which is already in orbit, and “the next five commercial satellites” whose launches have been postponed. Ru. Until later this quarter. AST SpaceMobile is one of many companies looking to expand its business from providing communications services from low-Earth orbit (LEO) satellites to standard smartphones, and recently secured new funding from AT&T, Google and Vodafone. Raised – See AT&T, Google join AST SpaceMobile funding round.
Cloud-based BSS vendor Totogiis one of a new breed of cloud-native digital support system (DSS) developers that has won deployment with a mobile network operator in New Zealand. 2 degrees. The carrier will use Totogi’s AWS-based billing-as-a-service system for its digital brand and mobile virtual network operator (MVNO) services. Totogi is currently led by founder Daniel Royston. Totogi investor TelcoDRis keen to sell its Software-as-a-Service model to service providers, and 2degrees clearly sees this as a way to more efficiently manage back-office business support operations and gain a competitive edge. I am. “Adopting Totogi’s Charging-as-a-Service is a strategic leap for 2degrees and marks a new chapter in our journey of innovation and customer service excellence,” said 2degrees Head of Digital Architecture. Chris Bradley said. “Totogi’s rapid onboarding capabilities are critical, allowing us to quickly adapt to evolving market demands and accelerate revenue growth. This partnership will only increase our operational agility. New Zealand territory is dominated by three MNOs, so modern software-defined MVNO services will dominate the market in the coming years. “It’s an exciting time for 2degrees as we leverage Totogi’s cutting-edge technology to strengthen our position as New Zealand’s leading digital communications provider.” read more.
– TelecomTV Staff
