EU progresses connected device security move
A European Commission proposal to impose fresh cybersecurity regulations on connected devices sold in the economic bloc advanced, with the outline rules being granted a provisional green light by politicians.
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EU, India ink chip pact
Representatives from authorities in India and the European Commission signed an outline agreement on measures intended to strengthen semiconductor supply chains and aid collaboration on R&D.
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Swisscom unit reportedly in frame for Vodafone Italy deal
Swisscom-owned Fastweb emerged as a potential suitor for Vodafone’s business in Italy, with Bloomberg claiming it was one of a number of companies assessing a move.
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European mobile data traffic tipped to triple by 2028
The GSMA predicted rapid increases in data traffic across Europe in the next five years, citing a general expected increase in 5G adoption and migration to 4G in central and eastern European countries.
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Honor makes moves towards IPO
Honor indicated it was making initial preparations for a public listing of shares in a move expected to aid the next stage of its development, Chinese publication Securities Times reported.
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Altman set for swift OpenAI comeback
OpenAI’s former chief Sam Altman agreed in principle to return to lead the company just five days after being removed, with a new board set to be installed at the ChatGPT developer.
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OTE Group eyes Romania exit
Deutsche Telekom subsidiary OTE Group disclosed negotiations over the disposal of Telekom Romania Mobile to Quantum Projects Group (QPG), a move already floated with authorities in the country.
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Indian space authority clears Eutelsat OneWeb for ignition
Eutelsat Group, the company created by a merger of Eutelsat and OneWeb, asserted its local unit was the first in India to receive approval from the nation's space activities regulator for a satellite broadband service, with a commercial launch expected as soon as it receives the necessary spectrum.
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Zain to offload remaining Saudi tower stake
Zain Saudi Arabia announced it would sell the remaining 20 per cent stake it owns in its tower business to the country’s Public Investment Fund (PIF) for SAR726 million ($194 million).
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Altice to sell data centre unit stake for €535M
SFR parent Altice France detailed plans to spin off its data centre assets into a separate company and sell a 70 per cent stake in the new entity to Morgan Stanley Infrastructure Partners as part of an ongoing strategy to improve its balance sheet.
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