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Singtel has sold another slice of its Bharti Airtel holding, freeing up capital to fund growth while continuing to rebalance a long-standing strategic investment. Singapore-based Singtel monetised roughly 0.8% of Airtel for about S$1.5 billion (approximately US$1.2 billion), recording an estimated net gain of S$1.1 billion. The sale is part of a multi-year capital management programme launched in 2021. Management has framed the initiative as a way to strengthen the balance sheet and redeploy capital into higher-growth digital infrastructure and digital services, while progressively equalising its Airtel ownership with Bharti Enterprises over time.
Google has unveiled next‑generation TPU accelerators with up to a 4x performance boost and secured a multiyear Anthropic commitment reportedly worth billions, signaling a new phase in AI infrastructure competition. Google introduced new Tensor Processing Units that deliver roughly four times the performance of prior generations for training and inference of large models. Beyond speed, the design targets better performance-per-watt, a critical lever as AI energy costs surge. Anthropic has secured access to Google Cloud TPU capacity at massive scale, with reports citing availability up to one million TPU chips over the term of the agreement.
SoftBank and OpenAI have formed SB OAI Japan, a jointly owned entity that will commercialize “Crystal intelligence,” a bundled enterprise AI offering focused on management and operations in Japan. The venture will combine OpenAI’s enterprise-grade models and tooling with localization, integration, and support led by SoftBank in-market. Crystal intelligence is positioned as a turnkey solution that pairs model access with domain-specific implementation, governance, and support. SoftBank plans to deploy the solution across its own group companies, validate outcomes in production, and recycle those learnings back into SB OAI Japan’s offerings.
BT Group and its consumer brand EE plan to offer a Starlink-powered home broadband product focused on underserved locations where fixed-line build is constrained by terrain, sparsity, or cost. The service targets “ultrafast” downlink performance, with Starlink capable of delivering up to roughly 280 Mbps and latency in the low tens of milliseconds. Commercial availability is slated for the second half of 2026, giving BT time to industrialise ordering, installation, support, and integration into its existing product catalogue and systems. LEO fills the last 1–5% gap where full fibre is slow or uneconomic to reach.
BT is pressing ahead with cost-cutting as it confronts sharper broadband competition, softer device demand, and structural declines in legacy services. BT reduced its total workforce by about 6% in the first half of its financial year, down to roughly 111,000 employees from 116,000 at the start of the period. The group reported around £250 million in additional annualized cost savings, bringing cumulative savings to about £1.2 billion across the first 18 months of the program and reaffirming a target of £3 billion in annual savings. Group revenue for the six months to September 30 declined about 3% year over year to £9.8 billion. Openreach’s broadband base contracted, with approximately 242,000 fewer broadband customers in Q2 FY25.
New data from the Car Connectivity Consortium’s 2025 Future of Vehicle Connectivity Report signals how OEMs, suppliers, and mobile platforms will prioritize standards, security, and interoperability to scale the next phase of software-defined vehicles. The market is past pilots: executives are moving budget into customer experience and fleet productivity where ROI is visible within a year, but only if solutions are secure, easy to use, and proven to interoperate across brands, devices, and regions. The CCC’s data provides a directional roadmap for where to invest in the in-vehicle wireless stack and the edge-to-cloud controls that make those experiences trustworthy.
Telefónica delivered modest organic growth and wider 5G and fiber reach in Q3, while resetting free cash flow expectations amid operational and macro headwinds. Group revenue reached €8,958 million in Q3, with organic growth of 0.4%, and EBITDA rose organically by 1.2% to €3,071 million. 5G coverage reached 78% across core markets, while FTTH passings rose 9% to 82.6 million premises. Telefónica now expects 2025 free cash flow of €1.5–€1.9 billion. The company reaffirmed 2025 guidance for growth in revenue, EBITDA, and EBITDA minus CapEx.
Start: Dec 2, 2025
End: Dec 3, 2025
Venue: Miami Airport Marriott
Location: Miami, USA
Apple is reportedly nearing a deal to license Google’s Gemini for Siri, a move that would reshape assistant architectures and near-term AI roadmaps across devices and networks. Multiple reports indicate Apple is close to licensing a custom version of Google’s Gemini model, reportedly at a scale of around 1.2 trillion parameters, for roughly $1 billion per year. The model would power a major Siri upgrade while Apple continues building its own foundation models. The objective is clear: boost Siri’s reasoning and task execution in the near term without ceding control over Apple’s system-level integrations or search defaults.
October’s job-cut announcements surged, with AI and cost control reshaping staffing plans across technology and adjacent sectors. Planned layoffs spiked to roughly 153,000 in October, up more than 180% from September and about 175% from a year ago, according to the latest Challenger job-cuts tally. Year-to-date announcements for 2025 have crossed 1.09 million, the highest October-through-period since the pandemic shock of 2020 and above comparable 2009 levels. The cuts reflect a pivot from growth-at-any-cost to profitability, with AI rebalancing roles and budgets across the stack. Across reasons given, cost reduction led by a wide margin, and AI adoption was the second-largest driver, underscoring both macro pressure and structural transformation.
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