Telefonica nears full ownership of German unit

Telefonica increased its stake in its German subsidiary to 93.1 per cent during a public tender offer to shareholders, spending around €1.5 billion in cash.

The operator stated it raised its stake from approximately 71.8 per cent held when it announced the public acquisition in November 2023, acquiring 630 million shares equating to more than 21 per cent. The offer is expected to be settled on 26 January 2024.

Read more here.

Apple Vision Pro set for US launch in February

Apple announced its $3,499 Vision Pro headset would start shipping across the US on 2 February, marking its much-anticipated entry into the AR/VR market, with advance orders to start on 19 January.

The headset comes with 256GB of storage and delivers more pixels than a 4K TV for each eye. It allows users to switch between AR and VR using a dial located on the side. post only in the specified topic.

Read more here.

Parallel Wireless pushes Africa open RAN progress

RAN vendor Parallel Wireless lauded a milestone of installing equipment in 1,500 sites across various African markets through partnerships with authorities and operators in a number of countries. In a statement, the vendor highlighted deployments in Tanzania, Republic of Guinea, Ghana, South Sudan, Uganda, Democratic Republic of the Congo, Malawi and Nigeria. Read more here.