South African telecom-giant MTN Group announced on Tuesday that it will sell its 20 percent shareholding stake in Belgacom International Carrier Services (BICS) to Belgian state-controlled telecoms firm Proximus for $121.41 million. However, the timing of closing is dependent on customary regulatory approvals. Once all the saleconditions,legal precedent, has been fulfilled, MTN will receive proceeds […]
Inside Telecom Staff
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North Korea has modernized its nuclear weapons and ballistic missiles by flaunting United Nations sanctions, using cyberattacks to help finance its programs and continuing to seek material and technology overseas for its arsenal, U.N. experts said. The panel of experts monitoring sanctions on the Northeast Asian nation said in a report sent to Security Council […]
Japanese telecommunications and technology conglomerate Softbank Group Corp. reported Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter as its investments rose in value. SoftBank’s profits were far better than what analysts had expected, zooming up 21-fold from the 55 billion yen profit recorded the previous year. The value of its […]
As enthusiastic crowds of tens of thousands marched through the streets of Myanmar’s biggest city on Sunday to protest last week’s coup ousting Aung San Suu Kyi’s elected government, their spirits were lifted by the return of internet services that had been blocked a day earlier. Separate protests that began in various parts of Yangon […]
India ended an 18-month-long ban on high speed internet services on mobile devices in disputed Kashmir, where opposition to New Delhi has deepened after it revoked the region’s semi-autonomy. The order late Friday lifted the ban on 4G mobile data services However, the order issued by the region’s home secretary, Shaleen Kabra, asked police officials […]
China has given broader approval for the domestic-made Sinovac coronavirus vaccine, expanding those who can receive it beyond the high-risk and priority groups already allowed under an emergency clearance. Regulators gave conditional approval for Sinovac Biotech Ltd’s shot, CoronaVac, on Friday, clearing the way for general use, The National Medical Products Administration announced in a […]
Google is contemplating developing an Android version of Apple’s upcoming App Tracking Transparency update, which is a newly planned opt-in requirement the iPhone maker will force on developers to ask permission from iPhone users before tracking their data. The news – first brought to light by Bloomberg – highlights the increased spotlight placed on online […]
Ford Motor Co. lost $1.28 billion last year as it dealt with a huge restructuring, a costly recall and a decline in the value of its pension fund. But the company said Thursday it is generating strong cash flow and will go all-in on electric vehicles. Ford said it would now spend at least $22 […]
Myanmar’s new military government blocked access to Facebook as resistance to Monday’s coup surged amid calls for civil disobedience to protest the ousting of the elected government and its leader, Aung San Suu Kyi. Facebook is how most people access the internet in Myanmar and the company urged that it be restored. The military seized […]
John Matze says he has been fired as CEO of Parler, which was among social media services used to plan the Jan. 6 attack on the U.S. Capitol by supporters of then-President Donald Trump. Matze’s announcement Wednesday followed Amazon’s Jan. 11 decision to remove Parler from its web-hosting service over its unwillingness to remove posts […]