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Apple and Samsung have agreed to put an end to their seven-year battle over patent infringement. Terms of the legal settlement were not disclosed, according Telecompaper. Apple and Samsung Electronics told the judge at the US District Court for Northern California that they’d resolved the first filed but last remaining of the legal disputes, Bloomberg... -
Over a quarter (26.8%) of EU homes could access FTTP broadband services at the end of June 2017, up 3.2 percent points from a year earlier, according to the latest figures compiled by IHS Markit for the European Commission. VDSL coverage grew the fastest over the 12 months, to 53.4 percent of EU homes versus 48.2 percent a year earlier, while Docsis 3.0... -
TechFest connected by Vodafone, the most complex technology festival, to be held between September 20-24, in Bucharest, will feature several stages that will welcome more than 50 local and international guests. These include first-line players on the blockchain, Artificial Intelligence and start-ups areas. The Bucharest edition of TechFest, initially... -
The majority of the stocks in our European telecoms index ended week 25 down (-0.2%), but not quite as much as the EuroStoxx 50 index (-1.8%). Several satellite stocks did well, including Inmarsat (+15%) and SES (+4.9%). Altice (+4.6%) was forced to abandon its Media Capital takeover deal, but was able to conclude the sale of stakes in its French and... -
Deutsche Telekom plans to shed around 10,000 jobs at its IT services arm T-Systems in an effort to turn the company profitable by 2020. The plans were announced by T-Systems CEO Adel Al-Saleh to staff and confirmed by the CEO to Handelsblatt, according Telecompaper. The job cuts will take place over the next three years and include 6,000 positions lost in... -
The EU's proposed copyright reform has passed a key hurdle with the European Parliament's Legal Affairs Committee approving the draft legislation. The committee also agreed to open negotiations with the European Commission and Council of the EU on a final version of the new law that aims to update copyright law for the growing consumption of online media,... -
Orange has announced the launch of a Silicon Valley acceleration programme designed to identify and support early stage startups focused on artificial intelligence (AI) development, according Telecompaper. Part of the Orange Fab network, the programme is called Fab Connect(ai) and is being launched in collaboration with industrial partners including Google... -
IDC Forecasts Worldwide Technology Spending on the Internet of Things to Reach $1.2 Trillion in 2022
International Data Corporation (IDC) today announced publication of the latest Worldwide Semiannual Internet of Things Spending Guide (version 2H17). The Spending Guide forecasts Internet of Things (IoT) spending will experience a compound annual growth rate (CAGR) of 13.6% over the 2017-2022 forecast period and reach $1.2 trillion in 2022, according idc.... -
Week 24 delivered a gain of 0.1 percent to our European telecoms stock index, far behind the EuroStoxx 50's 1.7 percent gain. The winners included Inmarsat (+11%) and Iridium (+8.3%), which have lagged this year's solid performance of other satellite stocks, according Telecompaper. TalkTalk (+9.4%) and Veon (+7.1%) also did well, regaining some ground on... -
The European Commission has announced the appointment of 52 experts to its new High Level Group on Artificial Intelligence just a couple of months after setting out its approach to the technology and calling for deeper industry involvement, according Telecompaper. The group is made up of 30 men and 22 women from companies and industry bodies such as AXA,...
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