Verizon announced has purchased TracFone Wireless, the Miami-based prepaid mobile phone distributor that owns the widely advertised Straight Talk Wireless brand. The price was $6.25 billion.
Reports and Coverage
Altice USA and Rogers Looking to Buy Cogeco for 7.8 Billion Dollars
On the morning of September 2, 2020, Altice USA, Inc. (“Altice USA”) (NYSE: ATUS) announced that it had presented an offer to Cogeco Inc. (“CGO”) and Cogeco Communications Inc. (“CCA”, together with CGO, “Cogeco”) to acquire 100% of the issued and outstanding shares of Cogeco. Altice USA announced that it had also entered into an arrangement to sell all the Canadian assets of Cogeco to Rogers Communications Inc. (“Rogers”) (TSX:RCI.A and RCI.B, NYSE: RCI), Cogeco’s largest long-term shareholder with a significant presence in Quebec, if its transaction with Cogeco is completed. Upon completion of the overall transaction, Altice USA would own all the U.S. assets of Cogeco, namely Atlantic Broadband.
5G could deliver great economic and social value by 2035
Omdia and Nokia’s “Why 5G in Latin America” report finds 5G will come to Latin America, sooner rather than later. The region lags its peers in productivity and economic growth, both of which will be enhanced by digital transformation. This, in turn, requires significantly enhanced broadband communications, and that leads to 5G which could add $3.3 trillion of value by 2035 and a $9 trillion improvement in productivity.
EdgeConneX is Sold
EQT Infrastructure has agreed to acquire EdgeConneX, Inc. (“EdgeConneX” or the “Company”) from an investor group led by Providence Equity Partners (“Providence”).
EdgeConneX is Sold
EQT Infrastructure has agreed to acquire EdgeConneX, Inc. (“EdgeConneX” or the “Company”) from an investor group led by Providence Equity Partners (“Providence”).
ThingSpace IoT Marketplace: Managing Your IOT Needs
Verizon Business’ ThingSpace IoT Marketplace, a new digital portal that helps customers - from small and medium-sized businesses to large enterprises - quickly purchase, activate and manage customized IoT solutions. From choosing the right devices and connectivity options to bundling them with services for device management, security, location, advanced diagnostics, and firmware updates, users can now seamlessly access a variety of tools on the highly-scalable ThingSpace platform to quickly launch an IoT deployment. ThingSpace makes it easy to connect, test and manage IoT devices on Verizon's award-winning wireless network.
Secure Access Service Edge
Secure access service edge, or SASE (pronounced “sassy”), is an emerging cybersecurity concept. This approach allows organizations to apply secure access no matter where their users, applications or devices are located.
USF “TAX” Keeps Getting Progressively Higher
As of July 1, the Universal Service Fund (USF) contribution factor exceeded 26%. In other words, for every dollar consumers and businesses spend on voice and data transport services, service providers must pay more than a quarter towards supporting USF programs, a heavy tax by any measure.
Telecom Review Digital Transformation Industry Leaders Webinar
Telecom Review has always been a pioneer in the digital media space. Embracing digitalization has always been a key pillar of our vision and strategy. Given the current circumstances, we have decided to pursue our mission of connecting industry leaders.
5G Future Forum Global Adoption of 5g Multi-Access Edge Computing
The 5G Future Forum, a group of global 5G leaders accelerating the delivery of Multi-access Edge Computing-enabled solutions around the world, will release its first technical specifications to its members in the third quarter of 2020 – a major step forward in enabling global interoperability for 5G and Multi-access Edge Computing (MEC) deployment to deliver efficient and innovative services to end customers. There are two major sets of technical specifications.