Telecom/page/2 news and trends

Report: Telefonica Deal Puts Amazon in Europe’s 5G Market
Amazon // May 08, 2024

Telefonica Germany is reportedly moving 1 million 5G customers to the Amazon Web Services (AWS) cloud. The deal marks the first time in which an existing mobile operator is switching its main network to a public cloud, Reuters reported Wednesday (May 8). Cloud giants like Amazon and Microsoft have been working to expand into the telecom space...

Marketplaces Focus on Loyalty Programs for Media and Telecom Sectors
Loyalty & Rewards // March 20, 2024

Media and telecom organizations are working with payment facilitators (PayFacs), independent software vendors (ISVs) or marketplaces to make embedded finance part of their business models. According to PYMNTS Intelligence’s “The Embedded Finance Ecosystem: Media and Telecom Edition,” these three players are ready to help, but...

Telcos Gear Up for Global 5G Rollouts Amid Increasing Adoption of GenAI
artificial intelligence // March 19, 2024

Generative AI is gaining momentum in the telecommunications industry, offering benefits such as improved customer experiences and operational efficiency. Telecom executives, recognizing its potential, are actively integrating generative AI into their operations, according to findings detailed in the latest edition of the “Generative AI Tracker®,”...

AI Continues Journey From Lab to Lifestyle at Mobile World Congress
artificial intelligence // February 27, 2024

Day Two at Mobile World Congress in Barcelona, Spain, saw more evidence that artificial intelligence (AI) is moving from the lab to the connected economy. Specifically, the event highlighted on Tuesday (Feb. 27) a range of new AI solutions, merging software and hardware to extend the use...

Interviews & Exclusives
Marketplaces Focus on Loyalty Programs for Media and Telecom Sectors

March 20, 2024
Media and telecom organizations are working with payment facilitators (PayFacs), independent software vendors (ISVs) or marketplaces to make embedded finance part of their business models. According to PYMNTS Intelligence’s “The Embedded Finance Ecosystem: Media and Telecom Edition,” these three players are ready to help, but marketplaces may be making the most headway in media and […]

FinTechs Struggle to Retain Consumer Trust in Africa

February 24, 2023
There is no denying that trust plays an important role when it comes to payments transactions. And according to Isaac Kamuta, it’s one of the key advantages regulated traditional banks...

Quick Reads
Jio Financial Services Seeks to Enter Telecom Leasing Business

May 27, 2024
India-based Jio Financial Services is looking to go into the device leasing business. The financial services provider published a postal ballot notice saying it is seeking shareholder approval to acquire 360 billion rupees ($4.33 billion) worth of telecom equipment and devices from the retail arm of Reliance Industries, Reuters reported Monday (May 27). These devices […]

Report: Telefonica Deal Puts Amazon in Europe’s 5G Market

May 08, 2024
Telefonica Germany is reportedly moving 1 million 5G customers to the Amazon Web Services (AWS) cloud. The deal marks the first time in which an existing mobile operator is switching its main network to a public cloud, Reuters reported Wednesday...

Accura Scan Unveils Suite of Identity Verification Products

December 11, 2023
Accura Scan, a provider of digital know your customer (KYC) and user verification solutions, has unveiled a suite of identity verification products for American banks and telecom companies. With its...

Safaricom Launches M-Pesa Mobile Money Service in Ethiopia

August 27, 2023
Kenyan telecom Safaricom has brought its mobile money service M-Pesa to Ethiopia. As the Financial Times (FT) reported Saturday (Aug. 26), the service went live in Africa’s second-most populous country this month, and will be...