A vote by Mexico’s telecoms regulator concluded on Wednesday without granting authorization to telecoms giant America Movil to enter the country’s pay-TV market, according to a source with knowledge of the process. The vote means that for now, America Movil, controlled by the family of Mexican billionaire Carlos Slim, will remain without a license to […]
Reuters
The head of the Federal Aviation Administration (FAA) is set to testify before a Feb. 3 U.S. House of Representatives hearing on new C-Band 5G deployment and its impact on aviation safety, sources told Reuters on Wednesday. The House Transportation and Infrastructure Committee is expected to hear from FAA Administrator Steve Dickson along with aviation […]
The European Commission’s draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are the views of some investors spoken to by Reuters. Ian Simm, founder and CEO at Impax Asset Management “The inclusion of gas and nuclear (with conditions/caveats) in the EU taxonomy reflects a […]
Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wall Street targets, driven in part by its Intelligent Cloud unit. The outlook soothed concerns about growth sparked by results for the December quarter, which initially dragged on Microsoft’s shares in after-hours trade. But the shares reversed course following the outlook, trading […]
The U.S. Federal Aviation Administration (FAA) on Tuesday issued approvals for additional altimeters that allow about 90% of the U.S. commercial aviation fleet to perform low-visibility landings at airports where 5G wireless is deployed. The FAA said it had cleared seven additional altimeters, bringing the total approved to 20. As of last week, it had […]
The Biden administration is readying a U.S. export rule used against Chinese telecoms equipment maker Huawei that could curb Russia’s access to global electronics supplies if President Vladimir Putin decides to invade Ukraine. While it is unclear how the rule could impact Russia, the restrictions hobbled Huawei’s smartphone business. Last month, the company said it […]
Sweden’s Ericsson on Tuesday reported fourth-quarter core earnings above market estimates, helped by higher sales of telecom gear as more countries roll out 5G networks offsetting a loss of market share in mainland China. The company’s quarterly adjusted operating earnings rose to 11.9 billion Swedish crowns ($1.28 billion) from 11 billion a year ago, beating […]
Internet services were largely restored in Yemen on Tuesday, residents said, after a four-day outage https://www.reuters.com/world/middle-east/yemenis-struggle-without-internet-third-day-after-air-strikes-2022-01-23 following air strikes by a Saudi-led coalition on the Red Sea city of Hodeidah, which damaged telecoms infrastructure. The Iran-aligned Houthi group’s deputy foreign minister, Hussein al-Ezzi, in a Twitter post praised efforts to repair the damage and restore […]
Toshiba Corp said on Monday that it had suspended operations at a plant in Oita, southern Japan that makes semiconductors used in cars and industrial machinery, after a strong earthquake hit the area at the weekend. Some equipment had been damaged and the company was still analysing the impact on production, Toshiba said in a […]
European shares slipped in early deals on Monday, with technology stocks falling the most after worries about tighter monetary policies triggered a bruising sell-off in global equities last week. The pan-European STOXX 600 index slipped 0.4% by 0814 GMT, with Asian stocks also under pressure as investors braced for a hawkish update from the Federal […]