The industry continued to gain momentum this month. There was a noticeable uptick in merger and acquisition activity, deployments, customer wins, and network roll-outs – including significant advancements in 5G. IoT continued to foster innovation news and the CES event in Las Vegas helped fuel the news around it and other technology areas.
The top stories from the month are summarized below. To view all the news as it breaks, check out Pipeline's News Center or subscribe to receive our weekly news summary.
Vodafone Greece announced this month that it has
agreed to acquire CYTA Hellas for €118 million. The move would strengthen Vodafone's foothold in Greece, by picking up CYTA's next-gen fiber optic and mobile MVNO assets. If approved the
deal would provide an 8 percent bump in market share for Vodafone by providing 300,000 new broadband and 40,000 new mobile customers. In India, Vodafone also announced this month that it intends to reduce its equity
position in its merger with Idea prior to its completion which is expected to be completed in the first half of 2018.
In Israel, Allot announced this month that it has entered a definitive agreement to acquire Netonomy. Netomony provides software-based cyber security
for the connected home, and the move is intended to bolster Allot's threat-detection and prevention technologies to secure key components for smart homes and the Internet of Things (IoT).
In related news, U Mobile stated in a press release that it has extended it partnership with Ericsson in Malaysia to transform its Business Support Systems (BSS). The solution will encompass
converged billing and managed services for 5 million mobile customers.
Amdocs announced that Altice SFR has selected its Amdocs Digital Solution to accelerate the introduction of new services for residential, fixed-line customers in France. The solution is aimed at improving the customer experience and increasing automation for new offerings across all channels.
CENX announced this month that it was selected by a Tier 1, global operator for service assurance for wireless, wireline and cloud environments, facilitating a transition to full automation across the operator's global network. CENX will be the single source for service assurance, enabling the operator to move away from a traditional, siloed OSS architecture to a centralized, closed-loop solution for its physical, virtual, and hybrid networks.