BARCELONA, Spain--(BUSINESS WIRE)--Mar 3, 2026--
Türk Telekom and P.I. Works today announced a strategic collaboration on AI-driven 5G network slicing assurance, unveiled during GSMA Mobile World Congress (MWC) Barcelona 2026. Türk Telekom has successfully trialed P.I. Works’ AI-powered 5G RAN Slice Assurance solution in Türk Telekom R&D Innovation & Test Center, strengthening its ability to deliver differentiated and performance-assured 5G services.
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The solution is designed to ensure network slicing performance by enabling real-time monitoring of slice-level KPIs, early detection of performance degradations, and AI-assisted root cause analysis. With these capabilities, Türk Telekom aims to proactively manage service levels, and ensure consistent service continuity across different 5G slice types.
Türk Telekom CEO Ebubekir Şahin stated:
“As we approach the 5G era, we continuously evolve our mobile network to deliver tailored, high-quality experiences to our customers. Through our initiative with P.I. Works, announced at GSMA Mobile World Congress, we are making our network more autonomous and operationally advanced. The AI-driven 5G RAN Slice Assurance solution, which enhances the efficiency of Network Slicing technology, has been successfully tested in our R&D Innovation & Test Center. This strategic step will enable us to provide more consistent, measurable and reliable 5G services while supporting service differentiation for our customers.
Başar Akpınar, CEO of P.I. Works, commented:
“With 5G, mobile networks are transforming into service platforms tailored to the critical needs of different industries. To make this transformation sustainable, slice-level performance visibility and service assurance are essential. Through our 5G RAN Slice Assurance solution, we enhanced performance transparency and strengthened service continuity within Türk Telekom’s network. We are proud to combine our global expertise in AI-driven RAN automation with Türk Telekom’s strong 5G vision, enabling operationally viable service differentiation and business class customer experience in the 5G era.”
This collaboration marks an important milestone in supporting Türk Telekom’s 5G service evolution, strengthening network slicing assurance, and enabling differentiated connectivity experiences.
About P.I. Works
P.I. Works is a global leader in AI-driven mobile network automation, optimization, and assurance. For two decades, we have partnered with mobile operators worldwide to transform networks, reduce costs, improve energy efficiency, strengthen independence, and deliver superior customer experiences. Together with our customers, we shape the future of network excellence.
Türk Telekom and P.I. Works Announce Strategic Collaboration on AI-Driven 5G Network Slicing at MWC Barcelona
MINNEAPOLIS (AP) — Target reported another quarter of declining sales and profits as the retailer struggles to regain its footing with its customers contending with higher prices almost everywhere.
But the Minneapolis company on Tuesday offered a solid annual profit outlook that was better than Wall Street had been projecting, It also said it believes net sales will grow every quarter this year.
Target also said comparable-store sales rose to start the current quarter.
Shares jumped more than 4% before the opening bell.
The company earned $2.30 per share, or $1.05 billion, for the three-month period ended Jan. 31. That compares with $2.41 per share, or $1.10 billion, during the year-ago period. Adjusted earnings per share for the most recent quarter was $2.44.
Sales fell 1.5% to $30.45 billion during the latest period. For the full year, sales fell nearly 2% to $104.78 billion.
Analysts were expecting $2.16 per share on sales of $30.46 billion, according to a survey by FactSet.
Comparable sales — sales at established stores and online channels — fell 2.5%, followed by a 2.7% dip in the fiscal third quarter. The latest figure marks 11 quarters out of the past 13 that Target has posted either declines or flattish growth for this measure.
Target’s performance underscores the challenges faced by new CEO Michael Fiddelke, a 20-year company veteran, who succeeded longtime CEO Brian Cornell last month.
Fiddelke is expected to reveal details about his plans to turn around Target on Tuesday during the company’s annual meeting in Minneapolis. Investors are hungry for a return to Target’s former dominance in affordable chic for which it earned it the nickname “Tarzhay” in years past.
Fiddelke takes over with Target’s hometown of Minneapolis a front line of sorts in President Donald Trump’s campaign to curb illegal immigration. Some of the company’s stores have become a flashpoint in a pushback against U.S. Immigration and Customs Enforcement. The company has faced pressure to take a public stand against the immigration crackdown.
Even before the immigration clashes, Target had been facing protests and boycotts over the company’s decision to roll back its diversity, equity and inclusion initiatives. Critics believe it's a betrayal of Target’s retail giant’s philanthropic commitment to fighting racial disparities and promoting progressive values in liberal Minneapolis and beyond.
That is outside of a volatile economic and political environment that has been intensified by an aggressive trade campaign under Trump. The White House is now seeking a global tariff of 15%, after the U.S. Supreme Court struck down many of the far-reaching taxes on imports that he had imposed over the last year.
While the pace of inflation has cooled, consumer prices have soared about 25% over the past five years. U.S. companies are facing a hazy outlook with American households hurting, and the Trump administration is trying to work around the Supreme Court ruling to keep his duties in place.
And Target customers have soured on what they see as untended and messy stores with lackluster merchandise.
As the company’s nearly 2,000 store locations have become shipping hubs for online operations, customers say the shopping experience within stores has suffered with staff fulfilling digital orders rather than tending to store aisles.
Target is also facing stiffer competition from Walmart, which has stepped up its focus on fashion and other goods. As many Americans trade down because of inflation, Walmart has gained market share, particularly among households with annual income above $100,000.
Joe Feldman, a senior managing director and the assistant director of research at Telsey Advisory Group, believes that shopper boycotts over its pullback from DEI and its lack of a forceful stand against ICE cut into sales. But he said overall, Fiddelke seems to be willing to make changes to improve its operations.
Fiddelke has already reshuffled the leadership team at Target, boosted spending on in-store store staffing and made cuts at distribution facilities and regional offices, according to a memo sent to employees in February.
The company is also reworking its store label brands such as its home goods brand called Threshold and announced a merchandise collaboration with Roller Rabbit, a brand known for its 1960s-inspired silhouettes and colorful playful prints. The collection of clothing, pajamas and accessories is expected to make its debut at Target this month for a limited time.
Tuesday’s report offered some hopeful signs for the business. Target said that sales and customer traffic accelerated in the final two months of the quarter. And it saw sales growth in food and beverage, beauty and toys for the latest quarter.
Target said that it expects net sales for the year to increase by 2%, which would mean it expects sales to reach $106.88 billion. That’s a bit above analysts’ expectations of $106.7 billion. Target also anticipates earnings per share to be in the range of $7.50 to $8.50. Analysts are expecting $7.30 per share for the year, according to analysts polled by FactSet.
Products sit on display at a Target store, Monday, March 2, 2026, in Edina, Minn. (AP Photo/Anne D'Innocenzio)
Products sit on display at a Target store, Monday, March 2, 2026, in Edina, Minn. (AP Photo/Anne D'Innocenzio)
FILE - The Target logo displayed on a sign outside a store, Nov. 18, 2025, in Salem, N.H. (AP Photo/Charles Krupa, File)
Products sit on display at a Target store, Monday, March 2, 2026, in Edina, Minn. (AP Photo/Anne D'Innocenzio)
