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Nokia next-gen PON solution powers fiber optic network in Lucerne

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NEW DELHI: Nokia announced that the Swiss energy services company, Energie Wasser Luzern (EWL), has deployed its next-generation PON fiber solution. Nokia is replacing the legacy network with the latest fiber access technology, providing a single network for business and residential customers, as well as for smart metering services. EWL selected this solution in collaboration with its subsidiary arcade solutions ag to meet the growing demand for more capacity, faster speeds, and world-class broadband services for its fiber-to-the-home (FTTH) network in Lucerne, Switzerland.

As Lucerne’s energy services company, EWL has delivered a modernized infrastructure for the fiber network’s approximately 12,000 buildings, which are all connected to fiber for high-quality broadband services and smart metering, including water and electrical power measurement. In addition to providing these services to businesses and residential customers, not just within Lucerne but also to its suburbs, ewl will empower new economic opportunities and market competition.

Nokia has deployed its 7360 ISAM FX series high-capacity fiber access nodes which support GPON and XGS-PON technologies to deliver uncompromised performance and capacity to meet the needs of residential and business customers. The solution is ready for a smooth evolution to 25G PON and software-defined access networks (SDAN), which will futureproof the network. In addition, Nokia is providing professional services support for installation and maintenance.

Samuel Schnyder, CMO for arcade solutions, said: “We needed a new access infrastructure based on modern PON technologies to meet EWL’s current and future requirements as a city network provider for Lucerne. We were challenged to provide services not only for residential and business customers, but also for smart metering over the same infrastructure. Nokia was able to provide us with a single solution that addressed different customer requirements in terms of QoS and bandwidth, and the required security regulations for smart metering.”

Dominique Verhulst, global head of Utilities business for Nokia, said: “As a modern energy services company that is broadening its offering with advanced metering and Internet services, EWL’s need for fast and reliable broadband is very high. EWL is a leader in this space, so we are excited to work with them to bring our expertise in building, operating, and renewing similar city networks from across Europe and North America.”

Nokia is currently ranked #1 by Dell’Oro Group in global XGS-PON shipments with more than 45% market share by end 2021. Nokia has more than 75 XGS-PON and more than 300 GPON customer deployments worldwide.

Nokia has deployed mission-critical networks to over 2200 leading enterprise customers in the transport, energy, large enterprise, manufacturing, webscale, and public sector segments around the globe. Leading enterprises across industries are leveraging decades of Nokia experience building some of the biggest and most advanced IP, optical and wireless networks on the planet.

 

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63 moons to provide next-gen tech to Italian firm; eyes pan-European markets

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NEW DELHI: 63 moons technologies, formerly known as Financial Technologies, on Tuesday said it will provide next-generation technology solutions to Italy-based Spuma SRL as it targets pan-European markets.

In addition, 63 moons said it will evaluate global giants in cloud computing services like Amazon’s AWS, Microsoft’s Azure and Google cloud for deploying the technology, the provider of technology solutions to financial markets said in a regulatory filing to the BSE.

63 moons provides next-generation technology ventures and solutions for creating digital markets and marketplaces that enable price discovery and transaction efficiencies across industry segments.

The announcement comes a day after 63 moons said that it will not provide technology support to Multi Commodity Exchange (MCX) after September 30.

As per the filing, Spuma SRL will leverage 63 moons’ expertise on real-time mission critical solutions, using the latest technology suite.

The company will be offering a SaaS (Software-as-a-Service) model with earnings by way of share in revenue by transaction charges and services earned by the digital ecosystem, which is its innovative model for high-growth IP monetization similar to Indian exchanges.

The company said it “would back and boost Italy-based Spuma SRL, with its next generation technology capabilities and solutions to create a digital market ecosystem for revitalised goods in the pan-Europe multi-million euro project and offering efficient and high value procurement and exchange proficiencies of revitalised goods”.

Spuma SRL will be offering these services initially from Italy, followed by extending to all the European Union countries and users of the platform.

63 moons would be offering technology support for the production, installation, and maintenance of the software application for the entire project, while the remaining operational functions will be carried out by Spuma SRL.

Source: Press Trust of India

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Realme DIZO partners OEL to make smartwatches, audio wearables in India

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NEW DELHI: Smart devices maker Realme DIZO has partnered with electronic manufacturing services company Optiemus Electronics Limited to manufacture smartwatches and audio wearables in India.

DIZO is a global technology brand and already has its presence in several other countries. However, India is the most important market for the brand, the company said in a statement.

“We have been talking about local manufacturing since the beginning and today, this dream is realised too and we are very excited about the future. Our alliance with Optiemus Electronics Limited (OEL) only supports our commitment towards India and Indian consumers.

“We are positive that through this partnership, we will be able to bridge the gap of making more futuristic AIoT (Artificial intelligence of things) and lifestyle products for the growing consumer needs,” DIZO India CEO Abhilash Panda said.

The brand has already started manufacturing some of its products, including DIZO Watch D, here in India and will eventually move to production of the other DIZO products – existing and upcoming ones in phases.

“From selling out products within minutes of the first sale to touching 1 million consumer base in just 5 months of inception to being rated as one of the top five smartwatch brands and fastest growing brands in audio wearables, our journey has been nothing less than a dream come true,” Panda said.

Since its inception, DIZO has launched over 30 products, including smartwatches, earbuds, neckbands, beard trimmers, hair dryers, feature phones and smartphone accessories.

In terms of product categories, DIZO will focus on entering into smart entertainment, smart home, smart care, and accessories for its consumers, the statement said.

Source: Press Trust of India

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Singtel arm sells 1.59% stake in Bharti Airtel for Rs 7,261 crore

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NEW DELHI: Pastel Ltd, an entity of Singtel, on Thursday divested 1.59 per cent stake in Bharti Airtel for Rs 7,261 crore through an open market transaction.

The stake has been picked by Bharti Airtel’s promoter Bharti Telecom Ltd, as per block deal data with the National Stock Exchange (NSE).

According to the data, Pastel offloaded 9,40,00,000 shares, amounting to 1.59 per cent stake in the company.

The shares were disposed of at an average price of Rs 772.5 apiece, taking the transaction value to Rs 7,261.50 crore.

Pastel Ltd is a unit of Singapore Telecommunications Ltd (Singtel).

Post this transaction, Pastel’s shareholding in Bharti Airtel will decrease to 10.62 per cent from 12.21 per cent.

At the end of the June quarter, Pastel held 13.84 per cent stake in the firm, shareholding data with the bourse showed.

Bharti Group Chairman Sunil Bharti Mittal’s family and Singtel are co-investors in Bharti Telecom Ltd (BTL).

In early September, Singtel entities had jointly sold a 1.76 per cent stake in Bharti Airtel for about Rs 7,128 crore, while its co-promoter Bharti Telecom Ltd bought 1.63 per cent stake from Pastel for Rs 6,602 crore.

Last month, Singtel announced that its affiliates have entered into an agreement to transfer approximately 3.33 per cent stake to BTL for an aggregate amount of approximately 2.25 billion Singapore dollars (SGD), leaving direct shareholding of Singtel and Bharti in Airtel at around 10 per cent and 6 per cent, respectively.

Bharti Telecom at present holds 35.85 per cent stake in the country’s second-largest telecom service provider Bharti Airtel.

Source: Press Trust of India

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