T-Mobile was reportedly hacked in a recent cyberespionage attack on American and international telecommunications companies. Hackers with ties to a Chinese intelligence agency were able to get into the T-Mobile network as part of a monthslong effort to spy on the cellular communications of high-value...
Great Britain’s telecom companies are under fire as consumers contend with Europe’s largest price hikes. As The Financial Times (FT) reported Monday (Aug. 28), those price increases have been as high as 17.3% this year, drawing the attention of regulators and consumer groups. According to the report,...
The telecommunications industry can’t afford to put integrating generative artificial intelligence (AI) on hold. A backbone of the connected economy, global telecoms are under enormous pressure to transform their capabilities to meet the future-fit needs of tomorrow’s industries — and AI has emerged as a...
Progress is sequential, and nowhere is that growing more apparent than with 5G’s global rollout. A rollout that’s been plagued by fits and starts. This, as The Wall Street Journal (WSJ) relayed Monday (Feb. 27) that Swedish telecom equipment company Ericsson is cutting 8,500 roles,...
December 06, 2024
Telecom companies are adopting generative artificial intelligence (AI) and driving a shift in the industry. Initially focused on efficiency, this technology is set to change operations, customer service and market positioning. According to a PYMNTS Intelligence report, “Rerouting the Telecom Industry: Generative AI’s Impact on Communication Services,” in collaboration with AI-ID, as new AI applications […]
December 05, 2022
One billion people have cellphones but no bank account, a gap wireless providers may fill. There’s nothing farfetched about the idea. It’s already well-established in emerging nations, where mobile network...
November 17, 2024
T-Mobile was reportedly hacked in a recent cyberespionage attack on American and international telecommunications companies. Hackers with ties to a Chinese intelligence agency were able to get into the T-Mobile network as part of a monthslong effort to spy on the cellular communications of high-value intelligence targets, The Wall Street Journal (WSJ) reported Friday (Nov. […]
August 28, 2023
Great Britain’s telecom companies are under fire as consumers contend with Europe’s largest price hikes. As The Financial Times (FT) reported Monday (Aug. 28), those price increases have been as high as...
October 04, 2017
Orange, the French telecom company, is gearing up to launch an online banking service in an effort to diversify its revenue. According to news from Reuters, the company plans on launching the...