• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Telefonica Germany tests quantum technologies in pilot with AWS

by November 28, 2024
written by November 28, 2024

By Supantha Mukherjee

STOCKHOLM (Reuters) – Telefonica (NYSE:TEF) Germany and Amazon (NASDAQ:AMZN) Web Services (AWS) are working on a pilot to test quantum technologies in the telecom operator’s mobile network, executives from the two companies said.

AWS and Telefonica will look to calculate the optimal placement of mobile towers, find ways to secure the network with quantum encryption, and use the insights to develop 6G networks.

Big tech firms are attempting to create machines that take advantage of quantum mechanics to deliver far faster speeds than conventional silicon-based computers.

Researchers are divided on when quantum computers will arrive, but they are expected to be more powerful and capable of cracking the codes that protect almost all modern communication.

“If you wait until quantum computing is there, it’s too late. “You really have to start working now with the prototypes,” Antia Lamas-Linares, principal applied scientist at AWS, told Reuters in an interview.

“We are creating the necessary conditions today to leverage quantum technologies and their possibilities in our network,” said Mallik Rao, Chief Technology & Information Officer at O2 Telefonica, which is also known as Telefonica Germany.

Earlier this year, Telefonica Germany announced plans to move one million of its 5G customers to the AWS cloud.

“It’s working well from a performance perspective,” Rao told Reuters, adding: “We will move another million customers in next six months time … we have a roadmap to move at least three to four million customers in the next 12 to 18 months”.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Heidelberg Materials buys U.S. firm Giant Cement for $600 million
next post
India’s parliament suspended temporarily after row over allegations against Adani group

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Lawyer group urges overhaul of US bank charter...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Bank of Japan says inflation data key in deciding rate hikes, Nikkei reports
    • Instant view: US Nov payrolls show job growth accelerated after October hiccup

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy