Comms Giants Join Forces To Promote Innovation

September 9, 2015 | A number of large communications companies, including Deutsche Telekom, Orange, Singtel and Telefonica are partnering to invest in the development of startup companies in the fields of communication and digital innovation. The companies hope to promote startups in these industries in Southeast Asia, Africa, Europe, Latin America and the Middle East. The partnership will be carried out through startup accelerators and innovative endeavors created by each of the companies: Singtel’s Innov8, Orange’s Fab, hub:raum of Deutsche Telekom, and Telefonica’s Open Future. Israel is one of the countries in which these companies will seek out innovations and startups to invest in.