Today’s telecom news includes announcements on AT&T, e&, Vodafone, Truecaller, TextPlus, among others.
AT&T Calls for Industrial 5G Auction Reforms to Unlock Mexico’s Digital Future
AT&T has urged Mexican authorities to revise the framework for the country’s planned industrial 5G spectrum auction, arguing that current conditions could limit investment and slow enterprise digital transformation. The operator emphasized that high spectrum costs and restrictive auction terms may discourage participation, reducing opportunities for industries to adopt advanced 5G applications. AT&T is advocating for a more balanced regulatory approach that promotes competition, encourages private investment, and enables broader deployment of private 5G networks across manufacturing, logistics, mining, and other industrial sectors. The proposed changes aim to accelerate innovation, strengthen Mexico’s digital economy, and improve the country’s competitiveness in advanced wireless technologies.
e& Completes Vodafone Stake Sale, Unlocks AED 59.5 Billion for Future Growth
UAE-based technology group e& has completed the sale of its stake in Vodafone, generating cash proceeds of AED 59.5 billion. The transaction significantly strengthens the company’s financial position and provides substantial capital to support future investments across digital infrastructure, artificial intelligence, cloud services, enterprise solutions, and international expansion. The divestment aligns with e&’s strategy of optimizing its investment portfolio while focusing on higher-growth technology opportunities. With increased financial flexibility, the company is well positioned to pursue strategic acquisitions, accelerate innovation, and expand its global digital ecosystem, reinforcing its transformation from a traditional telecommunications operator into a diversified technology and investment group.
Truecaller Acquires TextPlus for $15 Million to Expand US Communications Business
Truecaller has signed an agreement to acquire US-based communications platform TextPlus for USD 15 million in an all-cash, debt-free transaction, strengthening its expansion strategy in the United States. The acquisition adds complementary services including second phone numbers and VoIP internet calling, helping Truecaller evolve into a broader communications platform. Founded in 2009, Los Angeles-based TextPlus serves approximately 1.5 million monthly active users and generated USD 5.2 million in adjusted net revenue during the 12 months ending May 2026, representing a 45 percent CAGR since 2023. The 14-member TextPlus team will join Truecaller, with the deal expected to close in Q3 2026, subject to regulatory approvals.
SHAFANA FAZAL
