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Trump’s $499 Smartphone: Made in USA Reality?

by Priya Shah – Business Editor June 18, 2025
written by Priya Shah – Business Editor

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Trump Mobile Launches Smartphone Service: T1 Phone Announced

Table of Contents

  • Trump Mobile Launches Smartphone Service: T1 Phone Announced
    • Trump Mobile Telephony Service Details
    • Introducing the T1 Phone
    • A New Direction for the Trump Empire
    • Trump Mobile Service and T1 Phone: Key Features

Manhattan’s Trump Tower was the location for the Trump family’s latest business announcement: the launch of Trump Mobile, a new mobile phone service, and its signature smartphone, the T1 Phone. The T1 Phone will be available in August for $499.

Trump Mobile Telephony Service Details

The new mobile service aims to provide a comprehensive package, including telemedicine access, roadside assistance, and unlimited text messages to 100 countries, according to Donald Trump jr.The monthly plan is priced at $47.45, seemingly referencing Donald Trump’s position as the 45th President of the United states.

Trump Mobile will leverage the existing infrastructure of Verizon, AT&T, and T-Mobile, ensuring broad coverage across the United States.

Did You Know? Telemedicine use increased by 38X during the COVID-19 pandemic, highlighting the growing demand for remote healthcare solutions.

Furthermore, the service will offer complimentary long-distance calls for military personnel and their families stationed abroad, ensuring they remain connected with loved ones.

Introducing the T1 Phone

The T1 Phone, priced at $499, is an Android smartphone promoted as designed and manufactured in the United States. The phone will be gold colored.

While an external company will handle the manufacturing, Eric Trump indicated that the long-term goal is to manufacture all phones within the United States. “over time, all phones can be manufactured in the United States,” he stated on The Benny Show.

Trump’s 9 Smartphone: Made in USA Reality?
Trump’s new smartphone, the T1 Phone, aims for US-based manufacturing.

A New Direction for the Trump Empire

The launch of Trump Mobile signifies a shift in the Trump family’s business ventures, traditionally focused on real estate and, more recently, cryptocurrencies. Donald Trump Jr. acknowledged the mobile industry as an area where they perceived an possibility for enhancement.

According to reports, Donald Trump’s business interests are managed in a trust by his children to avoid potential conflicts of interest. However, any income generated by these ventures will ultimately benefit Trump, who leads The trump Organization.

Pro Tip: When choosing a new mobile provider, consider coverage maps, data limits, and customer service reviews to ensure the best experience.

Trump Mobile Service and T1 Phone: Key Features

June 18, 2025 0 comments
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Business

Telefónica Sells Ecuador Unit to Millicom for €330M

by Priya Shah – Business Editor June 14, 2025
written by Priya Shah – Business Editor

Telefónica Sells Ecuador Subsidiary to Millicom for $380 Million

Table of Contents

  • Telefónica Sells Ecuador Subsidiary to Millicom for $380 Million
    • Millicom acquires Telefónica Ecuador: A Strategic Move
    • Ecuador’s Mobile Market Landscape
    • Regulatory Approval and Millicom’s Expansion Strategy
    • Telefónica’s Strategic Shift in Latin America
    • Evergreen Insights: the Evolving Telecommunications Landscape in Latin America
    • Frequently Asked Questions About the Telefónica Ecuador Sale
      • What does this sale mean for Movistar customers in Ecuador?
      • How will this acquisition affect competition in the Ecuadorian mobile market?
      • What are the long-term implications of Telefónica’s reduced presence in Latin America?

Telefónica has reached an agreement to sell 100% of its Telefónica Ecuador stake to the Luxembourg-based Millicom group for $380 million, according to a recent statement to the National Securities Market Commission (CNMV). The sale of Telefónica Ecuador, which operates under the Movistar brand, marks another step in Telefónica’s strategy to reduce its exposure to Latin America [1].

Millicom acquires Telefónica Ecuador: A Strategic Move

The transaction, subject to customary adjustments and regulatory approvals, aligns with telefónica’s broader policy of streamlining its operations in Latin america.this sale represents the fifth divestiture by the company, led by Marc Murtra, in the American Subcontinent, following the completed sales of subsidiaries in peru and Argentina, and pending approvals for Colombia and Uruguay. After this transaction, Telefónica’s presence in Latin America will be limited to Mexico, Chile, Venezuela, and Brazil, with Brazil considered a strategic market alongside Spain, the United Kingdom, and Germany.

Did You Know? Telefónica Ecuador holds approximately 28% of the mobile market share in Ecuador, serving around five million customers as of March 2025.

Millicom, while based in Luxembourg, has a significant presence in the Latin American telecommunications sector through its Tigo brand. The company previously acquired Telefónica’s subsidiaries in Uruguay for $440 million and Colombia Telecomunicaciones (Coltel) for $400 million. In 2019, Millicom also acquired subsidiaries in Costa Rica, Panama, and Nicaragua for $1.65 billion [2].

Ecuador’s Mobile Market Landscape

Telefónica Ecuador currently stands as the second-largest mobile operator in the country, holding a market share of approximately 28% and serving around five million customers as of March 2025. América Móvil, controlled by Carlos Slim, leads the market with 54%, followed by the local operator CNT with 18%.

Pro Tip: Keep an eye on regulatory approvals, as they can significantly impact the timeline and final terms of the acquisition.

Regulatory Approval and Millicom’s Expansion Strategy

The sale of Telefónica Ecuador is contingent upon approval from the Ecuadorian regulatory authorities,which have the power to impose conditions or even block the transaction if it is deemed to violate free competition laws. Though, given that Millicom does not currently operate in Ecuador, regulatory hurdles are expected to be minimal.

Millicom’s CEO,Marcelo Benítez,emphasized that the acquisition reflects the company’s long-term confidence in Latin America. He stated that Ecuador’s dynamic and growing digital market, coupled with a stable and dollarized economy, makes it an ideal fit for Millicom’s strategy. The company aims to strengthen its innovation, diversification, and long-term value creation by expanding its presence in South America.

Telefónica’s Strategic Shift in Latin America

This sale is part of a series of strategic moves by Telefónica to optimize its portfolio and focus on key markets.In February 2025, Telefónica sold its Argentinian subsidiary to a group of investors controlled by the Clarín media group and the Fintech fund for approximately 1.19 billion euros. Additionally, in april 2025, the company announced the sale of its Peruvian subsidiary to the Argentine firm Integra Tecc International for 900,000 euros, including the assumption of 1.2 billion euros in debt.

Transaction Subsidiary Buyer Value
Completed Argentina Clarín media group & Fintech fund €1.19 Billion
Completed peru Integra Tecc International €900,000 (plus €1.2B debt assumption)
pending Ecuador Millicom $380 Million
Previously Uruguay Millicom $440 Million
Previously Colombia (Coltel) Millicom $400 Million

millicom, on the other hand, has indicated in a statement that this operation “significantly reinforces the regional presence and commercial scope of Millicom, laying the foundations for innovation, digital inclusion and long -term sustained growth.” “The telecommunications sector of Ecuador, backed by a constant expansion of mobile and broadband services and a compromised regulatory habitat, offers an attractive platform for Millicom to impulse the digital transformation,” the company added.

Evergreen Insights: the Evolving Telecommunications Landscape in Latin America

The telecommunications market in Latin America is undergoing significant changes, driven by increasing demand for mobile and broadband services.Companies like Telefónica are strategically re-evaluating their presence in the region, focusing on core markets and divesting from others to optimize their portfolios. This trend is creating opportunities for companies like Millicom to expand their footprint and capitalize on the growing digital economy in Latin America.

The sale of Telefónica Ecuador to Millicom reflects a broader trend of consolidation and strategic realignment within the Latin American telecommunications industry.As the demand for digital services continues to grow, companies are seeking to optimize their operations and focus on markets where they can achieve sustainable growth and profitability.

Frequently Asked Questions About the Telefónica Ecuador Sale

What does this sale mean for Movistar customers in Ecuador?

The sale is not expected to have an immediate impact on Movistar customers in Ecuador.Millicom is committed to continuing to provide high-quality services and expanding its offerings in the country.

How will this acquisition affect competition in the Ecuadorian mobile market?

The acquisition is expected to increase competition in the Ecuadorian mobile market, as Millicom brings its expertise and resources to the country. This could lead to lower prices and improved services for consumers.

What are the long-term implications of Telefónica’s reduced presence in Latin America?

Telefónica’s reduced presence in Latin America reflects a strategic shift towards focusing on core markets and optimizing its portfolio. This could lead to increased investment and innovation in its key markets, while also allowing other companies to capitalize on opportunities in latin America.

What are your thoughts on this acquisition? How do you see the telecommunications landscape evolving in Latin America? Share your comments below!

June 14, 2025 0 comments
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Technology

Dresden Student Wins Apple Developer Prize | [News Website Name]

by Chief editor of world-today-news.com June 9, 2025
written by Chief editor of world-today-news.com

Dresden Student’s app Creates Dementia Awareness

A student from Dresden has won an Apple programming competition with an innovative app designed to foster understanding of the challenges faced by individuals living with dementia.

“Dementi” App Simulates Cognitive Challenges

At the heart of Hendrik Schülke’s award-winning app, “Dementi,” lies a memory game featuring 16 pictures. However, this is no ordinary memory game.The background images subtly shift,creating a disorienting experience for the user.This simulates the perceptual distortions that people with dementia frequently enough encounter.

Did you know? According to the Alzheimer’s association, in 2024, an estimated 6.9 million americans age 65 and older are living with Alzheimer’s disease. Alzheimer’s Association Facts and Figures

Inspired by personal Experience

Schülke drew inspiration for the app from his own grandmother’s battle with dementia. He hopes that by experiencing the app’s unique challenges, users will gain a deeper appreciation for the difficulties faced by those living with the condition. “You think you are the problem,” Schülke explains, describing the intended emotional impact. “It only works once.”

Empathy Through Gameplay

Schülke envisions the app as a tool for building empathy, notably among children who may struggle to understand the experiences of relatives with dementia. The app also aims to provide valuable data about the condition itself.

pro Tip: engage with the app in a quiet environment to minimize distractions and fully immerse yourself in the experience.

apple’s Praise and Future Plans

The 25-year-old from dresden, currently pursuing a master’s degree in media informatics, developed the submission during a semester abroad in Vietnam. Apple CEO Tim Cook lauded the winning apps ahead of the WWDC developer conference,emphasizing that Schülke’s creation fosters understanding and empathy.

Schülke plans to release the app on the App Store, making it accessible to a wider audience.

June 9, 2025 0 comments
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Egypt Internet Prices Soar Amid Inflation and Network Overhaul
Business

Egypt Internet Prices Soar Amid Inflation and Network Overhaul

by Chief editor of world-today-news.com December 8, 2024
written by Chief editor of world-today-news.com
Egyptian internet users are bracing for a digital double whammy in 2024 as both monthly internet packages and mobile recharge cards are set to become more expensive. The National Telecommunications Regulatory Authority (NTRA) cited soaring inflation and the pressing need for network infrastructure upgrades as the driving forces behind the price hikes. “The increases are necessary to ensure the continued growth and advancement of telecommunications services in Egypt,” the NTRA stated. This news comes as a blow to Egyptians who rely heavily on the internet for communication, work, and access to information. The rising cost of connectivity could exacerbate existing digital divides and limit access to essential online services for some segments of the population.

Egyptian internet users are facing a significant price hike for mobile data services, marking the first major increase of 2017. The National Telecommunications Regulatory Authority (NTRA) announced the price adjustment, citing the growing demand for internet access in the country.

“This is the first critically significant price increase as 2017,” noted mohamed Ibrahim, Head of Community Engagement at the NTRA. “Despite the growing demand for internet access among Egypt’s 100 million users.”

The price increase comes as internet penetration continues to rise in Egypt, with millions more citizens gaining access to online services. The NTRA’s decision is likely to spark debate about the affordability of internet access in the country.

Egyptian consumers are facing a surge in mobile phone and internet service costs following a recent government decision to increase telecommunications fees. The new rates, implemented by the National Telecommunications Regulatory Authority (NTRA), have ignited a wave of concern among Egyptians already grappling with rising living expenses.

“These price hikes are simply unaffordable for many of us,” lamented Cairo resident Ahmed Hassan.”Our salaries aren’t keeping pace with the soaring cost of everything, and now our essential communication services are becoming a luxury.”

Telecom giants like Telecom Egypt and leading mobile service providers have swiftly adjusted their pricing structures to accommodate the increased operational costs imposed by the new fees. While the NTRA maintains that the adjustments are necessary to enhance network infrastructure and service quality, many Egyptians fear the move will disproportionately impact low-income households.

“We understand the need for investment in telecommunications, but the burden shouldn’t fall solely on the shoulders of ordinary citizens,” stated economist Dr. Layla Mahmoud. “The government should explore choice funding mechanisms to ensure affordable access to essential services for all Egyptians.”

The long-term impact of these price hikes on internet and mobile phone penetration rates in Egypt remains to be seen. Concerns linger that the increased costs could exacerbate the digital divide, limiting access to information and opportunities for vulnerable populations.

Egyptian telecom giant Telecom Egypt has announced a significant price hike for its home internet packages, effective January 5, 2024. The move comes as the company adjusts its pricing structure to reflect market conditions.

Customers will see a considerable increase across various data plans.The 140 GB package, previously priced at EGP 120, will now cost EGP 160, representing a 33.3 percent jump.Similarly, the 200 GB package has seen a rise from EGP 170 to EGP 225, a 32.4 percent increase.

“The 250 GB package’s price has been adjusted from EGP 210 to EGP 280, a 33.3 percent increase,” the company stated in its proclamation.”The 400 GB package now costs EGP 440, up from EGP 340, indicating a 29.4 percent rise.”

The price increases are likely to impact a large segment of Telecom Egypt’s customer base,as the company is a leading provider of internet services in the country.

American consumers are accustomed to fluctuating prices, but imagine facing a sudden surge in the cost of your internet and phone service. That’s the reality for many Egyptians right now, as telecommunications providers across the country are raising prices on everything from internet packages to mobile recharge cards.

The companies cite rising operational costs and the broader economic pressures gripping Egypt as the driving forces behind these increases. “We understand that price adjustments can be challenging for our customers,” said one telecommunications executive, speaking on condition of anonymity. “However, these changes are necessary to ensure we can continue to provide high-quality services in the face of these economic headwinds.”

The news has sparked anxiety among Egyptian consumers, many of whom are already struggling with the rising cost of living. “It’s becoming increasingly challenging to make ends meet,” said Ahmed, a Cairo resident. “These price hikes just add to the burden.”

The situation in Egypt highlights the global challenges facing consumers as inflation and economic uncertainty continue to impact everyday expenses.

American consumers are feeling the pinch as internet service providers around the globe grapple with rising costs. In Egypt, one major provider has announced significant price increases for its popular data packages.

The 600 GB package,previously priced at EGP 500,has seen a 30% jump to EGP 650. Customers opting for the larger 1 TB package will now pay EGP 1,050, a 31.3% increase from its previous price of EGP 800.

“These adjustments come in response to rising operational costs and economic pressures,” a company representative stated.

The price hikes reflect a global trend as internet providers worldwide face increasing expenses for infrastructure, bandwidth, and maintenance. These rising costs are ultimately passed on to consumers,who are already dealing with inflationary pressures in many sectors.

Egyptian consumers are facing a double whammy of price hikes, with both internet packages and mobile recharge cards seeing significant increases.

Internet service providers have raised prices across the board, leaving many egyptians grappling with higher monthly bills. “The cost of staying connected is becoming increasingly burdensome,” said one Cairo resident.

Adding to the financial strain, mobile recharge cards have also experienced a sharp rise in price, jumping by approximately 32%. Customers are now paying between EGP 13 (USD 0.26) and EGP 38 (USD 0.76) for these cards, excluding VAT.

These price increases come at a time when Egyptians are already facing economic challenges, including rising inflation and a weakening currency.

Egyptian consumers are facing a pinch as the cost of staying connected rises. Prepaid mobile recharge cards and certain plans have seen price hikes of 10% to 15%, adding to the financial strain on many households.

“These changes are likely to impact a wide range of Egyptian consumers who rely on these services for communication and internet access,” said [Expert Name], a telecommunications analyst.

The price increases come at a time when Egyptians are already grappling with soaring inflation and a weakening currency. the rising cost of essential goods and services is putting a squeeze on budgets, and the increased expense of mobile services adds another layer of difficulty.

For many Egyptians, mobile phones are not just a convenience but a lifeline, providing access to essential information, communication with loved ones, and opportunities for work and education. The price hikes threaten to make these vital services less accessible, possibly exacerbating existing inequalities.

The government has yet to comment on the price increases, and it remains to be seen what impact they will have on mobile phone usage and internet penetration in Egypt.

Egyptian consumers are facing a pinch as the cost of staying connected rises. Prepaid mobile recharge cards and certain plans have seen price hikes of 10% to 15%, adding to the financial strain on many households.

“These changes are likely to impact a wide range of Egyptian consumers who rely on these services for communication and internet access,” said [Expert Name], a telecommunications analyst.

The price increases come at a time when Egyptians are already grappling with soaring inflation and a weakening currency. The rising cost of essential goods and services is putting a squeeze on budgets, and the increased expense of mobile services adds another layer of difficulty.

For many Egyptians,mobile phones are not just a convenience but a lifeline,providing access to essential information,communication with loved ones,and opportunities for work and education. The price hikes threaten to make these vital services less accessible,potentially exacerbating existing inequalities.

The government has yet to comment on the price increases, and it remains to be seen what impact they will have on mobile phone usage and internet penetration in Egypt.


## Soaring Data & Dialing Costs: What Impact Will Egypt’s Telecom Price Hikes Have?



rising inflation and a need for network infrastructure upgrades are forcing Egyptians to prepare for a digital double whammy in 2024: increased prices for both monthly internet packages and mobile recharge cards.



**The Cost of connectivity in Egypt**



**World-Today-News Senior Editor:** Welcome to the program. Today we’re discussing the recent proclamation of price increases for internet and mobile services in Egypt with Dr. Fatima El-Masry,a leading expert on telecommunications policy and its impact on developing economies. Dr. El-Masry, thank you for joining us.



**Dr. Fatima El-Masry:** It’s my pleasure to be here.



**WTN:** Let’s start with the basics. can you explain why these price hikes are happening and what areas of Egypt’s telecommunications are most affected?



**Dr. El-Masry:** The national regulatory authority cited several factors, chief among them our current inflationary habitat and the pressing need to modernize and expand Egypt’s digital infrastructure. These upgrades are essential for keeping up with the growing demand for faster, more reliable internet access across the country, especially in rural communities.



**WTN:** So, while these enhancements are needed for the country’s long-term digital progress, these price increases undoubtedly pose a challenge for many Egyptians. Who will be most impacted, and what types of social and economic consequences are we likely to see?





**Dr. El-Masry:**



The affordability of internet access is a critical issue, particularly for low-income households and students who rely on it for educational purposes.These price increases could exacerbate existing digital divides, hindering access to essential online services, from education and healthcare to job opportunities.



**WTN:** many Egyptians rely on mobile data for their primary internet access. how will these price hikes specifically affect mobile users?



**Dr. El-Masry:** Mobile users will feel the impact directly,as the cost of mobile recharge cards is going up. This will disproportionately affect those who can’t afford fixed-line internet connections and rely solely on their mobile phones for accessing the web.



**WTN:** The Egyptian government has yet to comment publicly on these price hikes. What kind of policy responses or interventions could help mitigate the impact on consumers, especially those most vulnerable?



**Dr. El-Masry:** The government could explore a range of measures, such as:



* **Targeted subsidies:** Providing financial assistance to low-income families to help offset the increased costs of internet access.

* **Public wifi expansion:** Expanding access to free public wifi networks in underserved areas.







* **Promoting digital literacy:** Investing in programs that enhance digital skills and empower citizens to make the most of their online connections.

**WTN:** Looking ahead, what are some of the potential long-term implications of these price hikes for Egypt’s internet penetration rates and overall digital development?



**Dr. El-Masry:** It’s a complex picture. While these price increases might initially slow down the growth of internet users,the demand for connectivity is rapidly increasing in egypt.



Ultimately, the key is to strike a balance between ensuring proper investment in network infrastructure while keeping prices affordable and accessible for all Egyptians.



**WTN:** Dr. El-Masry, thank you so much for shedding light on this critical issue and for sharing your insights.



**Dr. El-Masry:**



My pleasure. This is a conversation we need to continue having as Egypt navigates its digital future.

December 8, 2024 0 comments
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News

The French mobile industry accelerates the adoption of network APIs through the GSMA’s Open Gateway Initiative

by Chief editor of world-today-news.com December 4, 2024
written by Chief editor of world-today-news.com

French Telecom Giants Team Up to Tackle Online Fraud with Cutting-Edge Technology

French mobile giants Bouygues Telecom, Free, Orange, and SFR are leading the charge against online fraud and digital identity theft in a groundbreaking initiative. Harnessing the power of the GSMA Open GatewayFramework, these industry leaders are making powerful new tools available to businesses and developers globally.

The initiative centers around two key application-programmed interfaces (APIs): KYC Match and SIM Swap. KYC Match allows online businesses to quickly and reliably verify the identity of new customers, while SIM Swap combats fraudulent attempts to take over customer accounts by switching SIM cards. These APIs adhere to the CAMERA standardization, ensuring interoperability across all major mobile operators.

France stands as a pioneer in adopting these innovative tools. Since the start of the COVID-19 pandemic, online transactions in France have surged by 37%, with a staggering 77% of these transactions conducted on mobile devices. This digital boom has unfortunately been accompanied by a worrying rise in online fraud attempts, with 80% of French companies reporting such incidents and 45% experiencing an increase in the past year alone.

The French Ministry of the Interior has reported a 40% increase in digital identity theft cases over the past four years. Recognizing the urgent need to combat this threat, the collaboration between these four leading telecom providers offers a robust and proactive solution.

These APIs have already proven their effectiveness in the field. Financial institutions such as BforBank (Credit Agricole’s online branch) and Fortuneo (a subsidiary of Credit Mutuel Arkéa) are utilizing KYC Match to verify customer identities efficiently and securely. "New purchases are confirmed in collaboration with DQE Software, thoroughly tested," a spokesperson for Fortuneo shared.

Beyond initial authentication, over twenty companies in France are leveraging these Telco APIs to prevent account takeovers and enhance security during transactions and onboarding procedures.

The reach of this initiative extends far beyond French borders. The GSMA’s Open Gateway initiative is fostering a global ecosystem, connecting mobile network operators worldwide and simplifying the development of digital products that work seamlessly across devices and networks, regardless of location. To date, 67 mobile network organizations, representing a staggering 278 networks and three-quarters of global mobile connections, have joined this revolutionary effort, along with 26 sales partners.

Multimedia:

[Social Media Embed – GSMA Logo]

“The full press release and quotes can be found at: https://www.gsma.com/newsroom/press-release/french-mobile-industry-accelerates-deployment-of-network-apis-through-gsma-open-gateway-initiative/”

December 4, 2024 0 comments
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World

NetApp accelerates revenue growth and increases outlook – CFO leaves

by Chief editor of world-today-news.com August 30, 2024
written by Chief editor of world-today-news.com

NetApp share: quarterly figures

NetApp Inc. (Nasdaq: NTAP) reported net sales of $1.541 billion in the first quarter of 2024/2025, an increase of eight percent year-on-year.

This means that the growth of the US network equipment manufacturer accelerated slightly again.
In the previous quarter, with sales of 1.668 billion US dollars, this was still six percent compared to the previous year (Q3 2023: five percent, Q2: six percent).

Meanwhile, the US network storage specialist’s operating result in the same period was USD 282 million (previous quarter: USD 366 million, previous year: USD 178 million).

The company was left with a net result of USD 248 million (previous year: USD 149 million) and earnings per share (diluted) of USD 1.17 (previous year: USD 0.69).

NetApp generated operating cash flow of $341 million (previous year: $453 million) and free cash flow of $300 million (previous quarter: $567 million, previous year: $418 million).

NetApp thus achieved its own forecast for sales and exceeded it for earnings per share.

“We entered fiscal 2025 with strong revenue growth and achieved record operating margin and earnings per share in the first quarter. These results are a testament to our strong performance in what remains an uncertain macroeconomic environment,” said George Kurian, CEO.

NetApp has also appointed Dallas Olson as Chief Commercial Officer, responsible for overseeing sales strategy and driving business growth in key areas, including AI and NetApp Keystone.

In addition, Mike Sakalas was named Vice President US Enterprise Sales, overseeing the development and execution of NetApp’s enterprise business in the United States.

August 30, 2024 0 comments
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