MTN South Africa targets up to ZAR 6 bln in cost savings by 2029
MTN South Africa aims to achieve between ZAR 4 billion and ZAR 6 billion in savings by 2029 through a comprehensive structural reset, TechCentral reported, citing new CEO Ferdi Moolman at the MTN Group Capital Markets Day. This is a fundamental business restructuring rather than a routine cost-cutting exercise. Moolman explained that South Africa lacks the market depth seen in faster-growing regions such as Nigeria, and its main purpose is to secure cash upstreaming and anchor group dividends.
MTN South Africa targets up to ZAR 6 bln in cost savings by 2029
MTN South Africa aims to achieve between ZAR 4 billion and ZAR 6 billion in savings by 2029 through a comprehensive structural reset, TechCentral reported, citing new CEO Ferdi Moolman at the MTN Group Capital Markets Day. This is a fundamental business restructuring rather than a routine cost-cutting exercise. Moolman explained that South Africa lacks the market depth seen in faster-growing regions such as Nigeria, and its main purpose is to secure cash upstreaming and anchor group dividends.
Ireland's Dapple collects USD 30 mln funding to deliver enterprise AI capacity
Dapple, an Irish start-up looking to advance dedicated cloud capacity for regulatory-grade enterprise AI workloads, has obtained USD 30 million in its first major round of funding. Dapple's seed investment round is backed by Raptor Group, a private investment house backed by Jim Pallota's family office, and Ion Pacific, an early-stage venture firm based in Hong Kong. The funding comes just five months on from the launch of Dapple's AI infrastructure operating system, the Enterprise OS Cloud.
Ireland's Dapple collects USD 30 mln funding to deliver enterprise AI capacity
Dapple, an Irish start-up looking to advance dedicated cloud capacity for regulatory-grade enterprise AI workloads, has obtained USD 30 million in its first major round of funding. Dapple's seed investment round is backed by Raptor Group, a private investment house backed by Jim Pallota's family office, and Ion Pacific, an early-stage venture firm based in Hong Kong. The funding comes just five months on from the launch of Dapple's AI infrastructure operating system, the Enterprise OS Cloud.
Euskaltel, Cebek ink Basque digital training deal
Spanish operator Euskaltel (MasOrange) has signed a collaboration agreement with Bizkaia-based business association Cebek to boost digital skills and technological training among workers and companies in the Basque region. The initiative aims to help the local workforce adapt to a labour market increasingly shaped by digitalisation and artificial intelligence.
Euskaltel, Cebek ink Basque digital training deal
Get eSIM Travel by Nos launches 'World Cup 26 eSIM'
Get eSIM Travel, powered by Portuguese operator Nos, has launched a new 'World Cup 26 eSIM' data plan designed for fans attending the 2026 FIFA World Cup men's football tournament in the US, Canada and Mexico. This eSIM offers convenient and continuous internet access in all three host countries, allowing users to stay connected without needing physical SIM cards or relying on Wi-Fi. The plan, available from June to 19 July 2026, starts at EUR 19.99 for 5 GB valid for seven days and is managed through the g
Get eSIM Travel by Nos launches 'World Cup 26 eSIM'
CoopVoce launches ad campaign for Turbo 200 offer
The MVNO of Italian supermarket chain Coop has launched a new advertising campaign on leading TV stations and online for the 5G service it debuted earlier this year and its CoopVoce Turbo 200 prepay tariff. The ad features a worker who suddenly screams and starts running out of the office, ending up in a Thai temple chanting the mantra "Meno pensieri, più CoopVoce" ("Less thoughts, more CoopVoce").
CoopVoce launches ad campaign for Turbo 200 offer
TIM to begin 1-for-10 reverse stock split on 15 June
Telecom Italia (TIM) said it will begin a reverse stock split of its ordinary shares on 15 June, consolidating them at a ratio of one new share for every ten existing shares following shareholder approval in April. The move will reduce the number of ordinary shares to around 2.14 billion from 21.36 billion, while leaving the group's share capital unchanged at EUR 6 billion.
TIM to begin 1-for-10 reverse stock split on 15 June
NEC, Anthropic and eight financial institutions launch AI collaboration initiative
NEC, Anthropic and eight Japanese financial institutions have launched a joint initiative to explore the use of AI in financial services and support the deployment of AI technologies designed to meet the industry's requirements for security, reliability and accuracy. Participants in the initiative include MS&AD Insurance Group Holdings, Sumitomo Life Insurance, Daiwa Securities Group, Sumitomo Mitsui Trust Group, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Financial Group and Meiji Yasuda Life Insurance.
NEC, Anthropic and eight financial institutions launch AI collaboration initiative
KT highlights AI-driven advertising platform in Volvo EX90 campaign
Korea Telecom (KT) said it has applied its AI and data-based advertising platform to the launch campaign for Volvo Car Korea's EX90 electric SUV, reporting increases in brand searches and test-drive applications. The campaign combined advertising on KT Square, the company's large-format media display in Gwanghwamun, with KT Genie TV through what KT describes as its Premium G Package integrated media offering.
KT highlights AI-driven advertising platform in Volvo EX90 campaign
SKT makes additional investment in Anthropic to support AI collaboration
SK Telecom (SKT) has made an additional investment in AI company Anthropic, according to Chosun, citing company sources. The investment was disclosed by Ryu Young-sang, chief executive officer of SKT, during a media briefing held at NTT's headquarters in Tokyo on 10 June in connection with the launch of the IOWN AI Fund, a joint investment initiative involving NTT and Chunghwa Telecom.
SKT makes additional investment in Anthropic to support AI collaboration
BW Digital and NUS launch research into quantum-ready data centre infrastructure
Singapore-based digital infrastructure company BW Digital and the National University of Singapore's College of Design and Engineering (NUS CDE) have announced a research collaboration focused on developing engineering frameworks for quantum-ready digital infrastructure in Southeast Asia. The partnership will examine infrastructure requirements for integrating future quantum computing systems with conventional computing environments in data centres.
BW Digital and NUS launch research into quantum-ready data centre infrastructure
Privacy watchdog finds Optus breached privacy obligations over White Pages
The Office of the Australian Information Commissioner (OAIC) has determined that Optus breached Australian Privacy Principle (APP) 11.1 by failing to adequately protect the personal information of customers who had requested unlisted telephone numbers. The determination concludes an investigation first announced in August 2021 into Optus's handling of customer directory information between 1 October 2015 and 27 September 2019.
