Deutsche Telekom and Tele2 have agreed to sell T-Mobile Netherlands for an enterprise value of $6 billion to the private equity funds Apax and Warburg Pincus. T-Mobile said it plans to continue its strategy as a challenger on the Dutch market under the new owners. T-Mobile, which operates four brands: T-Mobile, Tele2, Ben, and Simpel, […]
Karim Husami
Journalist for 8 years in print media, with a bachelor degree in Political Science and International Affairs. Masters in Media communications.
A coalition of 34 advocacy groups, labour unions and trade associations have written a letter, calling on the FTC to stop the $8.45 billion acquisition of MGM by Amazon, called it a “clear example of Amazon’s larger pattern of monopolistic practices.” The letter says that the acquisition “is not simply a one-off deal for streaming […]
Medtech enterprise TestCard has launched a ‘Test and Treat’ service using its at-home UTI test kit in partnership with European digital healthcare provider, Zava. Zava’s telemedicine platform provides access to consultations, testing and prescribed treatments from UK-based, GMC registered GPs. Since 2011, Zava’s doctors have carried out almost 5 million consultations. TestCard turns a smartphone […]
Singapore operator Singtel has announced that its joint venture company Telkomsel has agreed to sell 4,000 telecommunication towers to Mitratel for $434 million. As part of the transaction, Telkomsel has also entered into a 10 year lease arrangement with Mitratel for rental of tower space, which will take effect from the transfer of the respective […]
Samsung Galaxy A52s 5G was launched in India this week, as the South Korean tech giant confirmed via a tweet. The color options for the upcoming smartphone have also been confirmed: Awesome Black, Awesome Violet, and Awesome White. The new 5G device may retain the same specifications as the variant sold in the UK. It […]
Synaptics has agreed to buy US-based chipmaker DSP Group, as part of efforts to expand its portfolio of components for low-power smart devices. The company will pay $22 per DSP share in cash, a significant premium on DSP’s previous closing share price of just over $14. The offer values DSP at around $532 million for […]
Vodafone Hungary has started offering eSims, and announced the further expansion of its 5G network in the area around Lake Balaton. The operator’s customers can enjoy the benefits of the new generation mobile network in another large city, Balatonfüred, according to a press release sent to the Budapest Business Journal. The operator made superfast mobile […]
Comcast Technology Solutions, a division of Comcast Cable that provides media and entertainment technology to operators, content providers, and advertisers, announced the launch of a new Managed Terrestrial Distribution service to support the technological evolution of pay-TV operators across the US. “Operators across the U.S. are seeking ways to be more cost-efficient, maximize their Internet […]
Xiaomi reported second-quarter revenues up 64 percent year-on-year to a record CNY 87.8 billion, as its smartphones continue to gain market share around the world. Adjusted net profit jumped 87 percent to CNY 6.3 billion in the period. In the second quarter of 2021, Xiaomi’s total revenue amounted to 87.8 billion yuan ($13.6 billion), higher […]
Microsoft announced plans to extend its subscription cloud gaming service to the Xbox Series X|S and Xbox One consoles later this year. This means Xbox Game Pass Ultimate subscribers will be able to stream over 100 games from the cloud directly to their box, with no downloads or installation required. Cloud gaming comes to Xbox […]