Industry News

A U.S. jury has awarded Prysmian $96.5 million in damages from Sterlite Technologies for significant breaches of trade secrets. This pivotal ruling emerged from a three-week trial that demonstrated how a former Prysmian executive reportedly disclosed confidential information to a direct competitor. With allegations of thousands of pages of sensitive data being compromised, Prysmian’s leadership reiterated their commitment to safeguarding their innovations and upholding fair competition standards. As Sterlite intends to challenge the verdict, the ramifications of this case could potentially transform the telecommunications industry landscape. Explore the comprehensive account of this high-stakes legal dispute.

Danieli and Emirates Steel Arkan Sign Decarbonization MoU Italian plant equipment supplier Danieli signed a memorandum of understanding (MoU) with Emirates Steel Arkan for a carbon reduction initiative at the

Superior Essex Launches Essex Solutions Brand Superior Essex, a global leader in magnet wire and communications cables, announced the next phase of its wire business under the new Essex Solutions brand. The

Tratos Acquires Telnet and AFL Telecommunications Europe Italy-based Tratos Cavi S.p.A. acquired Spanish manufacturer Telnet and all shares of AFL Telecommunications Europe Ltd. (AFL TE), a unit of AFL Telecommunications

Following Prysmian’s acquisition of Encore Wire, the combined group selected a new team of 28 sales agencies to support industrial and construction markets across the U.S. This updated network aims