Author: James

This week, KPN announced its acquisition of local Mobile Virtual Network Operator (MVNO) Youfone for approximately €200 million. With around 540,000 customers, Youfone is the third-largest MVNO in the Netherlands, and 10% of its base are fixed broadband subscribers. As Youfone already provides mobile services using KPN’s network, the transition should be fairly smooth, and…

TIM has been seeking offers for its Enterprise business, as the company’s board of directors evaluates the latest bids submitted for its networks unit. The Italian telecom giant initiated the process of seeking potential investors for its Enterprise unit, which was deemed a candidate for mergers and acquisitions under the restructuring plan presented last year.…

South Korean telecommunications company KT Corp has set ambitious goals to generate KRW1 trillion ($773.1 million) from AI-based services by 2025. With plans to invest $5.4 billion in AI business by 2027, it has already seen turnover reach $617.9 million from their existing AI-related services. One such service is the AI contact center (AICC), which…