5G

Vote of confidence in the country by Telekom

German telecommunications giant Deutsche Telekom has given a vote of confidence in the Greek economy and its prospects.

As pointed out by Dominique Leroy, the member of Telekom's Board of Directors responsible for Europe, during a meeting with Greek reporters at this year's MWC in Barcelona, Telekom continues to steadily invest in Greece and its prospects through OTE Group.

5G Boost: Bulgaria's Connectivity Projects Pave Path Along Borders

Bulgaria is set for a significant tech upgrade along its borders with the implementation of two major 5G connectivity projects. The initiatives, part of the trans-European transport corridor Orient/East-Mediterranean, have received substantial funding from the Connecting Europe Facility.

Huawei renews patent licensing deal with Ericsson

Chinese telecoms giant Huawei said on Aug. 25 it had renewed a licensing agreement with Ericsson to use each other's technologies, in a rebuff to U.S. warnings about the risk of espionage by Beijing.

Huawei has been at the center of an intense technological rivalry between China and the United States, which suspects the company of spying for Beijing, accusations Huawei denies.

OTE Q2 revenue grows in Greece, offsetting Romania loss

OTE Group announced Thursday that second-quarter consolidated revenue rose 1.1% year-on-year, to €854.1 million.

But adjusted operating profit (after leases) fell 1.8% in the same period, to €326.8 million, with the strong results increase offset by negative ones in Romania. Q1 adjusted operating profit dropped 1.4%, to €648.8 million.

1st domestic communication satellite to be launched in 2024

Industry and Technology Minister Mehmet Fatih Kacır has announced that Türkiye's first domestic communication satellite, Türksat-6A, will be launched into space in March 2024, stating that his ministry has also made significant strides in high-speed 5G telecom networks and artificial intelligence.

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