iBASIS acquires Simfony to bring eSIM management to global IoT roaming offer

Boston-headquartered carrier services company iBASIS has acquired Dutch IoT platform provider and mobile virtual network enabler (MVNE) Simfony for an undisclosed fee. The deal was completed via iBASIS’s highly acquisitive parent company, France-based Tofane Global. The cloud-based Simfony IoT platform, available on subscription (“as-a-service”), promises “rapid time-to-market and elasticity for an unlimited number of connected…

Ericsson ‘corruption-related misconduct’ potentially funded terror

Ericsson has found evidence of “corruption-related misconduct” in its Iraq operations and cannot rule out that payments were made to terror groups, including ISIS. The Swedish telecoms giant says that it launched an internal investigation in 2019 following unusual expense claims dating back to 2018. Ericsson says that its investigation covered the period 2011-2019 and…