Telenor spins off Connexion as 50-50 joint venture with investment firm Verdane to exploit IoT market growth
GLOBAL 07:52

Telenor spins off Connexion as 50-50 joint venture with investment firm Verdane to exploit IoT market growth

Telenor has announced that it will spin off Telenor Connexion as a 50-50 joint venture worth SEK 7.5 billion with Verdane, a buyout firm that invests in businesses fostering digitisation and decarbonisation. The deal will realise value from Telenor Connexion's "strong" market position and provide it with access to long-term growth capital. The parties expect to complete the transaction during 2026, subject to the necessary regulatory approvals.

Proximus hires new CFO from Agfa
BELGIUM 07:48

Proximus hires new CFO from Agfa

Fiona Lam is joining Belgian operator Proximus as its new CFO from September. She replaces Mark Reid, who left at the end of January, while Nicolas Gaertner serves on an interim basis. Lam comes from Belgian company Agfa-Gevaert, where she has worked as CFO since October 2024. Before that she was CFO at Neways Electronics and Punch Powertrain, and held positions at Philips Lighting and Hutchison Telecom Hong Kong.

Xavier Niel sells Proximus stake
BELGIUM 07:43

Xavier Niel sells Proximus stake

Xavier Niel, the founder and chairman of Iliad, has sold his stake in the Belgian operator Proximus, according to a stock market filing by his company Saxo Holding. The stake was last declared at 6.61 percent of Proximus shares in October 2025, but has now fallen to less than 0.1 percent.

Telefonica, Orense partner on smart tourism initiative
SPAIN 07:42

Telefonica, Orense partner on smart tourism initiative

Telefonica has signed an agreement with Orense Provincial Council in Galicia to develop the "Ourense Cerca DeTI" initiative, aimed at converting the province into a smart tourism destination through immersive experiences, digital tools and personalised services. The project above all seeks to enhance visitor engagement while promoting the region's historical, cultural and natural assets.

United Internet increases revenues, EBITDA in Q1
GERMANY 07:37

United Internet increases revenues, EBITDA in Q1

United Internet recorded an increase of 2.1 percent year-on-year in Q1 revenues to EUR 1.55 billion. EBITDA also progressed during the period, increasing by 2.4 percent to EUR 332 million, and EBIT rose 15.6 percent to EUR 166.9 million, primarily due to higher EBITDA and lower depreciation. Cash capex amounted to EUR 117.5 million in the first quarter of 2026, slightly less than EUR 122.0 million in the same period the previous year. The number of customer contracts increased by 38,000 in Q1 to 30.10 milli

Equinix to open IBX data centre in Kuala Lumpur
MALAYSIA 07:37

Equinix to open IBX data centre in Kuala Lumpur

Equinix has announced plans to expand its presence in Malaysia with the deployment of a new data centre, dubbed KL2, in Kuala Lumpur. Located in Cyberjaya, the new facility will be built less than one kilometer from Equinix's existing data center in the metropolitan area (KL1).

Zain Group revenue growth slows to 6% in Q1
MIDDLE EAST 07:34

Zain Group revenue growth slows to 6% in Q1

Zain Group said its revenue grew by 6 percent year-on-year to KWD 569 million in the first quarter. EBITDA also rose 6 percent, to KWD 182 million, reflecting an EBITDA margin of 32 percent. Net income soared 51 percent to KWD 80 million, a 15-year high. The group which operates in eight markets across Africa and the Middle East served 51.2 million active customers, up slightly from 50.9 million reported at the end of 2025.

Telefonica Brasil reaches record customer base of over 117 million in Q1
BRAZIL 07:30

Telefonica Brasil reaches record customer base of over 117 million in Q1

Telefonica Brasil reached a record customer base of 117.4 million in the first quarter of 2026, a 1.1 percent increase year-over-year.The mobile business had 103.7 million mobile accesses (+1.3%), with the postpaid customer base growing by 7.2 percent to 51.6 million. ARPU reached BRL 52.6, and churn remained low at 1.0 percent. 5G coverage expanded to 905 municipalities, adding 316 new cities since Q1 2025.

MultiChoice renews broadcasting rights for South African rugby
SOUTH AFRICA 07:28

MultiChoice renews broadcasting rights for South African rugby

Canal Plus, the new parent company of MultiChoice Group, has renewed its multi-year domestic broadcast rights agreement with the South African Rugby Union (SARU). This landmark deal ensures that elite South African rugby, including Springbok matches, will remain exclusive to SuperSport on the DStv platform.

Vodafone Germany sees service revenue growth strengthen in Q4
GERMANY 07:25

Vodafone Germany sees service revenue growth strengthen in Q4

Vodafone Germany recorded a 0.4 percent decrease in total revenues to EUR 12.13 billion in the fiscal year to March 2026, as a result of lower equipment revenue and a 0.2 percent fall in service revenues. The trend improved in the course of the year, with organic growth in service revenues returning from Q2 and reaching 1.3 percent in Q4 on the back of the acquisition of Skaylink and 1&1 wholesale contract, which was fully operational by year-end. Mobile service revenues increased by 3 percent year-on-year

South Korea ministries sign agreement on power supply for AI data centres
KOREA, REPUBLIC OF 07:25

South Korea ministries sign agreement on power supply for AI data centres

The ministry of science and ICT and ministry of climate, energy and environment have signed an MoU to strengthen coordination on power supply for AI data centres. The agreement, signed in Seoul on 12 May 2026, focuses on ensuring stable and timely electricity provision for AI data centre infrastructure, which the government describes as a key component of national competitiveness in the AI sector.

Moody's further upgrades TIM rating to Ba1 with stable outlook
ITALY 07:21

Moody's further upgrades TIM rating to Ba1 with stable outlook

Ratings agency Moody's has again upgraded the credit rating of Telecom Italia (TIM) to "Ba1" from "Ba2", with a stable outlook, on expectations that the company will generate free cash flow of around EUR 600 million a year over 2026-28, reflecting steady earnings growth, lower interest costs and stable capital spending. Moody's has now improved TIM's rating three times since the company agreed to sell its fixed-landline network to a consortium led by US fund KKR, a transaction that helped to cut the operato

MALAYSIA 06:56

LG Uplus agrees Malaysia launch of AI assistant service with Maxis

LG Uplus has agreed with Malaysian operator Maxis to commercially launch its AI call assistant service, ixi-O, in Malaysia. The agreement marks LG Uplus's first overseas expansion of the service using a software-as-a-service (SaaS) model, tailored for deployment within another operator's network environment. The move follows the company's previously stated strategy to expand AI services internationally.

ITALY 06:56

Italy's antitrust to probe Fastweb+Vodafone, TIM 5G network sharing deal

Italy's competition authority AGCM has started an investigation into an agreement between Telecom Italia (TIM) and Fastweb+Vodafone to cooperate in the development of mobile access networks via a RAN sharing model. The probe follows the operators' announcement at the start of the year that they had reached a preliminary deal to share ⁠networks with a view to accelerating the expansion of 5G infrastructure in low-density population areas with less than 35,000 inhabitants.

EUROPE 06:51

Vodafone confirms small rise in FY results and targets further growth in new year

Vodafone Group reported higher results for its fiscal year to March 2026, supported by double-digit growth in Africa and modest gains in Europe. Group revenues rose 8.0 percent to EUR 40.46 billion, and adjusted EBITDAal was 3.8 percent higher at EUR 11.35 billion. Vodafone said EBITDA was near the high end of its forecast after excluding negative forex effects and the hyperinflation in Turkey. For the new year the company expects further growth, helped by the planned increase in its stakes in Safaricom and

GLOBAL 06:51

NTT Data partners Conduct on AI-driven SAP transformation delivery

NTT Data Business Solutions has announced a global partnership with Conduct to integrate AI capabilities into SAP transformation and application management services. The agreement will see Conduct's platform embedded across SAP S/4HANA transformation projects, application management services and change management delivery, covering operations in markets including the UK, Germany, the US, Brazil and Singapore.

GLOBAL 06:38

NTT Docomo spins out pilot recruitment platform from internal startup programme

NTT Docomo has spun out an airline recruitment platform, Hud Sonic, from its internal new business programme "docomo Startup", forming a new company, Aeromuse, to operate the service. Aeromuse began operations on 1 May 2026, with Masahiro Nojiri, formerly an employee of NTT Docomo, appointed as president and chief executive officer. The company has received investment from NTT Docomo and Chiba Dojo.

JAPAN 06:32

NTT develops AR-based method to convey texture without haptic devices

NTT has developed a method to convey tactile qualities such as softness and viscosity in augmented reality (AR) environments without the use of dedicated haptic devices. The technique uses visual manipulation of virtual objects that deform in response to a user's hand movements captured via a camera on standard devices such as smartphones or PCs. By adjusting deformation parameters in real time, the system creates the perception of texture without physical contact.

ASIA 06:20

Bridge Data Centres completes HVO backup fuel pilot with EcoCeres

Singapore-based data centre developer Bridge Data Centres (BDC) and EcoCeres have completed a pilot project using hydro-treated vegetable oil (HVO) as a backup fuel for data centre operations in Asia Pacific, with testing conducted across multiple campuses. The pilot evaluated HVO performance across emergency power scenarios, including generator start-up, load transfer and sustained operation under data centre conditions. According to the companies, all performance and emissions targets were met, and additi

GLOBAL 06:12

Apple starts support for RCS end-to-end encryption in SMS to Android users

Apple and Google have started supporting end-to-end encryption for messages sent between their mobile platforms. Part of the Rich Communication Services (RCS) format, this replaces traditional SMS with more secure and private messages. The end-to-end encrypted RCS messaging is rolling out in beta for iPhone users running iOS 26.5 and Android users on the latest version of Google Messages. The new feature is supported by most major carriers and MVNOs around the world. 

KOREA, REPUBLIC OF 06:04

KT Q1 profit drops sharply after last year's one-off real estate gain

Korea Telecom (KT) reported consolidated revenue of KRW 6,778.4 billion for the first quarter of 2026, down one percent YoY. Operating profit fell 29.9 percent to KRW 482.7 billion. The decline was primarily driven by a high base effect from a prior-year real estate project and increased costs, with additional short-term subscriber churn linked to a penalty waiver programme following the operator's hacking incident. Operating expenses rose 2.3 percent YoY to KRW 6,295.7 billion.

KOREA, REPUBLIC OF 06:02

Naver Cloud launches serverless database service with auto-scaling

South Korea's Naver Cloud has launched a fully managed serverless database service designed to optimise computing resources automatically based on usage patterns. The new service, called "Cloud DB Serverless", uses a container-based serverless architecture to adjust CPU, memory and storage resources automatically according to traffic demand through auto-scaling functionality. The company said the service also adopts a usage-based pricing model intended to reduce operational costs for enterprises.

KOREA, REPUBLIC OF 06:00

South Korea selects Samsung SDS consortium for national AI computing centre project

The ministry of science and ICT has confirmed a consortium led by Samsung SDS as the final private-sector partner for South Korea's national AI computing centre project. The consortium includes Naver Cloud, Samsung C&T, Kakao, Samsung Electronics, Korea Telecom (KT), Clash, Jeollanam-do Province and Seonamhaean Enterprise City Development. The ministry said the consortium was selected following technical, policy and financial reviews after being the sole bidder in the tender process, which ran from Septembe

JAPAN 05:58

NTT West expands voice AI platform with new voice actors and broadcasters

NTT West has added five voice actors and broadcasters to its AI voice platform "Voicence" as the operator expands its voice AI business and audio intellectual property portfolio. The operator said the new participants include voice actors Tomoko Kaneda, Minami Takayama, Shugo Nakamura and Aya Uchida, broadcaster Sakiko Nojima, and talent management company Amuleto, which manages voice actors and performers.

Just In

07:52

Telenor spins off Connexion as 50-50 joint venture with investment firm Verdane to exploit IoT market growth

07:48

Proximus hires new CFO from Agfa

07:43

Xavier Niel sells Proximus stake

07:42

Telefonica, Orense partner on smart tourism initiative

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Background

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