The biggest news since yesterday is the acquisition of Acme Packet by Oracle Corporation. This is Oracle’s first acquisition in 2013 and this has happened in the Communications and Media domain!
If one looks at what Oracle had been busy with last year, one notices that they have acquired a number of companies in Cloud and Social Media space. From that to a hardcore telecom component came as quite a surprise!
Here’s some loud thinking to see if I can connect the dots…
The most happening news story in the telecom industry where billions of dollars are being invested today is obviously that of the National Broadband Network in Australia. The investment is happening as a Government initiative leading to the creation of an open-access service provider (Australian NBN Co.) which turns the conventional belief that PTTs never did any country any good on its head. This is not the first Government to have gone back to the PTT era temporarily to give its citizens a jump-started communications facility – Singapore and, closer home, New Zealand too have embarked on similar initiatives, with Singapore, not surprisingly, being in the more advanced state. Continue reading