TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Digital Platforms and Services

Digital Platforms and Services

What’s up with… Telefónica, Vodafone Idea, JEDI

TelecomTV Staff
By TelecomTV Staff

Jul 7, 2021

  • Telefónica linked to Tech unit stake sale
  • Vodafone Idea needs cash, could sell network assets 
  • Return of the JEDI contract kerfuffle

The sale of assets and stakes by major operators in Europe and India top today’s pile of news snippets. 

Telefónica is reportedly considering the sale of a minority stake (up to 49%) in its Tech unit, which the Spanish operator values at about 1 billion, according to a Reuters article that cites the Cinco Dias newspaper. The report suggests that private equity firms are being sounded out about a potential investment, the proceeds from which would be used to pay off a bit more of Telefónica’s debts. Telefónica Tech is the division that is responsible for the development and delivery of technology products and services related to cybersecurity, cloud, IoT, blockchain, AI and other emerging areas of tech innovation.  

Still with Telefónica… It has struck a partnership with TikTok that revolves around marketing campaigns, service distribution and technological efficiencies, and the development of new services and revenue opportunities in key European and Latin American markets. Read more. 

After much wrangling and legal eagle activity, the decision to award a $10 billion Pentagon cloud deal dubbed JEDI (Joint Enterprise Defense Infrastructure) to Microsoft Azure has been scrapped, with the US Department of Defense noting in this announcement that it has “determined that, due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs.” Instead, a multi-cloud approach to the Department’s needs will now be the order of the day, which spells better news for AWS…

Debt-laden Indian operator Vodafone Idea is hoping to sell its fixed access lines, transport network and data centres to raise $1 billion and meet its near-term financial liabilities, according to multiple reports from local media, including this one from the Times Network. There are real concerns that the operator might collapse and leave the mobile market mostly in the hands of Reliance Jio and Bharti Airtel. 

Samsung issued positive second quarter guidance, with sales and operating profits above expectations at 63 trillion Korean won (US$55.2 billion) and KRW12.5 trillion ($10.9 billion) respectively, with a ramp in chip sales reportedly outweighing a dip in smartphone sales.

Using technology and solutions from Fortinet and Cellusys, NEC Europe is to undertake a “large network security project” for East European network operator CETIN, focused on its group operations in Serbia, Hungary and Bulgaria as well as Telenor’s network in Montenegro. Read more.

Related Topics
  • Access Evolution,
  • Analysis & Opinion,
  • Asia-Pacific,
  • Cloud,
  • Digital Platforms and Services,
  • Europe,
  • Global,
  • Latin America,
  • News,
  • North America,
  • Telco & CSP,
  • Telecoms Vendors & OEMs,
  • Telefónica

More Like This

Digital Platforms and Services

Gordon Moore, Intel co-founder, dies at 94

Mar 30, 2023

Digital Platforms and Services

Four takeaways from Intel’s Investor Webinar

Mar 30, 2023

Digital Platforms and Services

Actis to acquire 11 datacentres in the Americas

Mar 30, 2023

Digital Platforms and Services

What’s up with… Lockheed Martin, Huawei, Graphiant

Mar 29, 2023

Digital Platforms and Services

Graphiant raises $62m to revolutionise the $60bn secure private networking market for businesses

Mar 29, 2023

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

10:43

MWC23 interview: Mari-Noëlle Jégo-Laveissière, deputy CEO of Orange

12:45

MWC23 interview: Abdu Mudesir, Group CTO, Deutsche Telekom

9:26

MWC23 interview: Greg McCall, Chief Networks Officer, BT

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us

  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).