Today’s telecom news includes announcements on Netcracker, Cox, RiPSIM Technologies, Swisscom Ventures, South Reach Networks, CIG Shanghai, among others.
Netcracker and Cox Join Forces to Power the Next Wave of Digital Innovation
Netcracker has announced an extended partnership with Cox Communications, the largest private broadband provider in the United States, to advance digital transformation initiatives through its comprehensive BSS portfolio and professional services. This renewal expands Netcracker’s support across Cox’s residential, business, and enterprise operations, ensuring seamless management of its growing customer base and service offerings. The collaboration will leverage cutting-edge technologies such as 5G monetization, AI, automation, and cloud-native platforms to modernize Cox’s systems and optimize service delivery.
Swisscom Ventures Fuels RiPSIM’s Next-Gen eSIM Revolution
RiPSIM Technologies has secured strategic investment from Swisscom Ventures, the venture capital arm of Swisscom AG, to expand its cloud-native eSIM-as-a-Service platform. The innovation enables carriers and enterprises to create and manage mobile network authentication credentials on demand, improving security, provisioning, and service agility. Beyond capital, Swisscom Ventures offers infrastructure and go-to-market support to accelerate RiPSIM’s global expansion and strengthen its enterprise telecom integrations.
CIG Shanghai Raises HK$4.616 billion in Record Telecom IPO
CIG Shanghai (CIG) has raised HK$4.616 billion, reaching HK$5.308 billion with full over-allotment. Guotai Junan International Holdings (GTJAI) acted as the sole sponsor, overall coordinator, joint global coordinator, bookrunner, and lead manager. GTJAI’s investor network attracted 16 cornerstone investors, including global funds and sovereign wealth entities, completing the process within six months.
Powering Florida’s Digital Future: South Reach Networks Unveils Major Fiber Expansion
South Reach Networks (SRN) is investing heavily to expand its fibre-optic network across Florida, adding over 60 route-miles of underground, multi-conduit fibre across Miami, Fort Lauderdale, Hollywood, Boca Raton, and Palm Coast. The high-capacity, low-loss infrastructure enhances route diversity and supports emerging technologies such as AI, edge computing, and cloud connectivity. The project boosts redundancy and provides more direct access to major data centres, subsea cable stations, and key Points-of-Presence, reinforcing SRN’s customer-focused approach to delivering enhanced reliability and scalability.
Shafana Fazal
