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Leading the Intelligent-Driven Future by New Digital Infrastructure: China Telecom Cloud and Connectivity Summit at MWC 2024 Successfully Held.
HONG KONG, March 6, 2024 /PRNewswire/ — On February 27th, the China Telecom Cloud and Connectivity Summit was successfully held at the grand 2024 Mobile World Congress (MWC2024) in Barcelona. With the theme of ” Leading the Intelligent-Driven Future by New Digital Infrastructure,” this summit brought together communication industry leaders and prestigious corporate representatives from various countries and regions worldwide. With the cloud as the driving core and the network as the link, they shared the latest technological innovations of China Telecom, aiming to explore the potential of global interconnection in the digital era.
Consolidate consensus, drive innovation, and race ahead in the global digital wave journey.
In his address, Mr. Mats Granryd, Director General of the GSMA, emphasized the importance of China Telecom consensus-building and innovating in driving the global digital trends. He acknowledged China Telecom as a guiding light in this transformative journey, actively deploying cloud services and expanding strategic networks. This not only demonstrates their commitment to leading the industry’s transition from telecommunications operator to technology-driven enterprise but also inspires the entire industry.
Mr. Ke Ruiwen, Chairman and CEO of China Telecom, emphasized that as a telecommunications operator at the forefront of proposing the concept of cloud-network integration, China Telecom adheres to the principles of “network as the foundation, cloud as the core, and a focus on artificial intelligence.” He further highlighted the active promotion of technological innovation, leading to a series of significant breakthroughs. China Telecom will further expand its high-level opening to the outside world, strengthen technological innovation, actively share its experience in cloud-network integration, digital transformation, intelligent operations, and technological innovation, and actively explore and promote international business cooperation and scientific research cooperation. It aims to collaborate with more enterprises in the industry chain, industrial capital, research institutions, and other stakeholders globally to build an open, shared, and win-win new ecosystem for cloud-network integration. Together, China Telecom will promote the rapid development of next-generation information technology and create a better future in the digital era.
A decade of dedicated efforts, spanning the globe, culminates in the release of three major achievements in cloud-network integration.
In recent years, China Telecom has deepened its efforts in cloud-network integration, accelerated the upgrade of intelligent computing, promoted the interconnection of smart networks, and implemented a comprehensive strategy. It actively promotes the important achievements it has made to broader regions worldwide, continuously creating new value for the high-quality development of the global economy and society. During the sharing session, Mr. Tang Ke, the Executive Vice President of China Telecom, made a significant announcement regarding three important achievements in China Telecom’s practice of cloud-network integration. He also put forward the new vision of “co-consultation, co-construction, co-sharing, and win-win” for China Telecom’s digital future.
Achievement 1: Global Capability Release of eSurfing Cloud. As the most prominent outcome of China Telecom’s practice in cloud-network integration, eSurfing Cloud has provided solutions for over 2 million enterprise users in more than 200 industry-specific scenarios worldwide. It has partnered with over 5,000 companies in key sectors such as finance, energy, construction, and industrial manufacturing. After more than a decade of development, eSurfing Cloud has established a global cloud resource layout of “9+30+X+N,” realizing a cloud-network infrastructure that combines “centralization, regionalization, localization, and edge computing capabilities”, with a bandwidth capacity of over 113T spanning multiple regions worldwide. Building upon eSurfing Cloud’s extensive network and wide distribution of edge computing power, China Telecom has made further breakthroughs in key technologies such as computational resource scheduling, next-generation IT infrastructure, intelligent computing engine platforms, and large-scale intelligent computing service platforms. This has formed an integrated cloud-intelligence computational service system.
Achievement 2: CTGNet Capability Release. CTGNet is the next-generation backbone IP international network of China Telecom. By introducing new technologies like SDN and SRv6, as well as a new generation of operational systems, CTGNet offers high-speed ubiquitous, intelligent agile, secure, and reliable connectivity capabilities, along with a robust global operational support system. The CTGNet product portfolio includes GT and China Lite products, which provide global Internet transit services, as well as international and local Internet access products for high-quality Chinese content. While serving the cross-border traffic transit needs of global operators, CTGNet also provides convenient, efficient, and cost-controlled network support for enterprises expanding their global businesses.
Achievement 3: “Mobile Direct-to-Satellite” Capability Release. In 2023, China Telecom launched the world’s first mobile direct-to-satellite service, enabling mass-market consumer mobile phones to have two-way voice calling and SMS communication via satellite. Even in remote areas such as mountains and deserts where mobile network signals are difficult to reach, users can still enjoy integrated communication services without changing their phones, SIM cards, or numbers. In the future, China Telecom will gradually build a globally integrated network that combines broadband and narrowband, coordinates high and low orbits, and covers the distance, space, and scale. This aims to create intelligent communication services that are available anytime, anywhere, and in response to demand. China Telecom will also focus on promoting TianTong International operations to support the construction of the “Belt and Road” spatial information corridor and upgrade the information infrastructure capabilities of countries along the Belt and Road.
Hand in hand with partners, leveraging collective strength, to create a new trajectory for venturing into the international cloud services market.
The forum invited numerous China Telecom ecological partners, representatives from leading enterprises, and industry experts to discuss the crucial role of cloud services in global digital transformation. Together, they witnessed the new developments in China Telecom’s eSurfing Cloud’s overseas capabilities and shared new insights gained from their collaboration in the cloud ecosystem, aiming to jointly create a new trajectory for cloud services’ international expansion.
Mr. Andrew Lowe, the EY Global Technology Strategy & Transformation Lead, shared insights on the theme ” Cloud Ecological Collaboration and Prospects for Digital Transformation.” He highlighted the immense opportunities and potential that lie ahead for eSurfing Cloud in its global expansion journey.
During the event, the global launch ceremony of eSurfing Cloud was successfully held. Distinguished guests and leaders from China Telecom went on stage together to support the global journey of eSurfing Cloud, symbolizing its departure towards the world.
China Telecom is committed to deepening global digital infrastructure capabilities, providing reliable, efficient, and secure digital services to global users, and offering competitive and forward-looking solutions to help them confront the challenges of digital transformation. At the same time, China Telecom will persistently adhere to the principles of openness and sharing, actively establish partnerships with upstream and downstream players in the industry chain, gather collective wisdom and resources, achieve complementary advantages, and form strong collaborations. Together, China Telecom will assist global users in seizing new opportunities in the digital future and jointly weave a new chapter in the digital future.
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Healthcare Holding Schweiz AG, a leading service provider and distributor of medical devices in Switzerland, is expanding its portfolio with the acquisition of Effectum CH-Rep AG. Healthcare Holding Schweiz is managed by Winterberg Advisory GmbH.
BAAR, Switzerland, March 17, 2025 /PRNewswire/ — Healthcare Holding Schweiz AG has successfully completed the acquisition of Effectum CH-Rep AG. This transaction marks a carve-out of all services provided as Swiss Authorized Representative (CH-REP) from Effectum Medical AG. Under the Medical Devices Ordinance (MedDO SR 812.213) effective since May 26, 2021, manufacturers of medical devices without a registered office in Switzerland must appoint a CH-REP to distribute their products within the country. Through this acquisition, Healthcare Holding Schweiz AG strengthens its position as a comprehensive partner for medical technology manufacturers worldwide. With its group of companies, it can now provide integrated services that encompass not only import and distribution but also full compliance with regulatory requirements.
Fabio Fagagnini, CEO of Healthcare Holding Schweiz, expressed his enthusiasm for the acquisition: “With Effectum CH-Rep, we are expanding our service portfolio to include the role of Swiss Authorized Representative, thereby strengthening our growing group. This allows our sales representatives and managing directors to focus even more on innovative products and exceptional customer service, with the assurance that all regulatory requirements are being professionally met.”
Kim Züger, Head of Quality Management & Regulatory Affairs and the newly appointed Director of Effectum CH-Rep, emphasized: “Regulatory compliance is our top priority. Through Effectum CH-Rep, we offer this service not only to suppliers of Healthcare Holding Schweiz but also to numerous other manufacturers—a clear testament to our professionalism and high-quality standards.”
Michael Eggimann, Board Member of Effectum Medical AG and responsible for the sale of Effectum CH-Rep AG, added: “We have valued working with Fabio Fagagnini and his team for many years and are confident that Effectum CH-Rep is in excellent hands. This transition allows us to fully concentrate on the further development and distribution of our Legal Manufacturing offering as well as our innovative plug-and-play quality management system, while continuing to collaborate closely with Effectum CH-Rep for the benefit of our customers.”
About Effectum CH-Rep AG
Effectum CH-Rep AG, based in Olten, facilitates access for foreign manufacturers of medical devices to the Swiss market by acting as the Swiss Authorized Representative (CH-REP). As a CH-REP, Effectum CH-Rep AG takes on responsibilities such as ensuring compliance with Swiss registration requirements, collaborating with Swissmedic on preventive and corrective actions, providing a Person Responsible for Regulatory Compliance (PRRC), guaranteeing access to technical documentation, and reporting incidents and complaints.
About Healthcare Holding Schweiz AG
Healthcare Holding Schweiz AG is a Buy, Build & Technologize platform and a leading provider of medical technology products and services in Switzerland. The group is based in Baar and pursues an ambitious growth strategy through acquisitions, often in the context of succession arrangements, partnerships, and organic growth. Healthcare Holding Schweiz and its group companies are committed to the highest standards of innovation and customer satisfaction. The group consistently leverages technology to make business processes safer and more efficient. As a market leader, the company sets new standards for the industry and offers employees attractive development opportunities. All of the management team holds shares in Healthcare Holding Schweiz, thus forming a dynamic community of entrepreneurs.
About Winterberg Advisory GmbH and Winterberg Group AG
Winterberg Group AG, based in Zug, operates as an independent family office for its founders. Winterberg mainly invests in SMEs in the German-speaking region, and selectively considers investments in startups and real estate. Winterberg Advisory GmbH is a general partner and fund manager regulated by the German BaFin. Winterberg Advisory has launched numerous private equity funds and is invested in Healthcare Holding Schweiz AG through its funds Winterberg Investment VIII and Winterberg Investment IX. The two Partners and Executive Directors, Fabian Kröher and Florian Brickenstein, manage Healthcare Holding Schweiz AG via its board of directors.
For press inquiries, please contact [email protected]
For more information about Dental Axess AG, visit www.effectum-chrep.com
For more information about Healthcare Holding Schweiz AG, visit www.healthcare-holding.ch
For more information about the portfolio companies of Healthcare Holding, visit www.senectovia.ch, www.winthermedical.ch, www.mikrona.ch, www.orthowalker.ch, www.mcm-medsys.ch, www.naropa-reha.ch, www.mvb-medizintechnik.ch, www.dentalaxess.com
This press release is issued and distributed by Winterberg Advisory GmbH on behalf of Healthcare Holding Schweiz AG.
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View original content:https://www.prnewswire.co.uk/news-releases/healthcare-holding-schweiz-acquires-effectum-ch-rep-switzerland-302402122.html
PARIS and LONDON, March 17, 2025 /PRNewswire/ — iM Global Partner (iMGP) has announced it will enter the European Active UCITS ETF market with the launch of a European Managed Futures UCITS ETF, the only one available on the market, the iMGP DBi Managed Futures Fund R USD ETF.
This Active UCITS ETF has been listed on the Euronext stock exchange in Paris and will soon be available on the London Stock Exchange listed in sterling.
The iMGP DBi Managed Futures Fund R USD ETF will mirror the world’s largest Managed Futures ETF, US-listed iMGP DBi Managed Futures Strategy ETF. Both are managed by iMGP’s partner, DBi, experts in hedge fund replication. The US-listed ETF trades under the Bloomberg ticker DBMF:US, while the European UCITS ETF share class is listed under DBMF:FP.
This alternative strategy aims to replicate the pre-fee performance of a representative basket of leading managed futures hedge funds and has attracted interest from a wide variety of investors.
The UCITS ETF expands our existing offering of the iMGP DBi Managed Futures Fund and gives clients the opportunity to access the managed futures space through their wrapper of choice.
The European Active UCITS ETF market has grown steadily in recent years, with these products considered the next generation of portfolio building blocks. iM Global Partner has an active pipeline and plans to bring additional active UCITS ETFs to market in the coming months. iM Global Partner has already built up significant experience in the actively managed ETF market via its US operations and has a number of other ETFs covering multiple Partners and asset classes.
iMGP Founder and CEO, Philippe Couvrecelle, said: “After several years of offering actively managed ETFs in the USA, we are delighted to bring this offering to European investors. Our ability to respond to market opportunities demonstrates our commitment to providing innovative, cutting-edge products for all our clients, wherever they are based.”
Andrew Beer, Co-Founder DBi, added: “Managed Futures ETFs are becoming a big thing in the US so we are proud to partner with iMGP to launch DBMF:FP in Europe. This launch highlights the success of our model. Managed futures are one of the few alternative strategies where there are indisputable diversification benefits.”
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CONTACT: [email protected]
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BEIJING, March 17, 2025 /PRNewswire/ — This is a report from China.org.cn:
The 2025 Global Digital Economy Conference (GDEC)’s International Cooperation Forum series was held in Barcelona, Spain, on March 4.
Themed “Integration, Innovation, Win-Win: Co-creating a New Blueprint for the China-Europe Digital Economy,” the Digital Economy Cooperation Forum was hosted by the GDEC Organizing Committee, and organized by the Beijing Municipal Bureau of Economy and Information Technology (BMBEIT).
The event attracted more than 150 government representatives, corporate executives, industry association leaders from China, Spain and other European countries, and more than 60 overseas companies and institutions participated in it.
Jiang Guangzhi, the BMBEIT chief, delivered an opening speech in the form of digital human. In his address, Jiang said that the capital city of China, as a pioneer in the global digital economy, actively implements the national digital economy development strategy, and Barcelona, as the core hub of the European digital economy, has obvious advantages in science and technology industry clusters. The two cities have broad prospects for cooperation in the field of digital economy.
On the sidelines of the forum, BMBEIT also held a business and investment promotion activity called “Night of Beijing” in the Spanish city.
Relevant persons in charge of the BMBEIT promoted Beijing’s leading digital technology solutions in key digital economy industries such as autonomous driving, smart logistics, smart home, digital healthcare, and value-added telecommunications, combining core technologies, application scenarios, international promotion, and effectiveness cases.
Additionally, Lu Yiji, Chairman of the China-Europe Digital Association, Ignasi Castelló, Chief Purchasing Officer of FICOSA International Spain, Li Kang, Senior Vice President of China Telecom International, and Zhang Genxue, General Manager of Beijing Digital Economy Enterprises Overseas Innovation Service Base, each presented the current state and trends of digital economy development from different perspectives, providing valuable experiences and insights for enterprises and institutions.
The GDEC has been successfully held for four sessions since 2021. It is committed to promoting more comprehensive international cooperation in the digital economy industry and promoting the friendly and sustainable development of the global digital ecology. The 2025 GDEC will be held in Beijing in July.
Digital economy focus of China-EU cooperation: forum
http://www.china.org.cn/business/2025-03/06/content_117750616.htm
View original content:https://www.prnewswire.co.uk/news-releases/digital-economy-focus-of-china-eu-cooperation-forum-302402825.html
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