Ericsson sells its IoT business to Aeris Communications

Ericsson has announced the sale of its unprofitable Internet of Things (IoT) division to Aeris Communications, an IoT solutions supplier.   The Swedish telecom equipment provider claimed that the transaction, which covers its IoT Accelerator and Connected Vehicle Cloud operations, will end the businesses’ past quarter-to-quarter losses of almost $24 million.   Over 9,000 businesses…

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A quick roundup of the news in Telecoms | Week #49

TextNow to pay off $50,000 worth of phone bills TextNow, a mobile app that provides free cellular and WiFi-enabled phone service, said that it will start the holiday season by paying off $50,000 in phone bills owed by selected phone company customers. The company is aiming to promote consumer knowledge that they may cancel their…

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BT Group’s Cloud Data Management Leap: Redefining Efficiency and Ensuring Security

The Digital Unit of UK telco group BT has successfully completed an EDM Council cloud assessment, claiming that it will offer a strong foundation for the company’s cloud and data ambitions. EDM Council, a data and analytics trade association, is responsible for the Cloud Data Management Capabilities (CDMC) framework, which is intended to evaluate an…

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