Indian telecoms giant Tata Communications has acquired a majority equity stake of 58.1 percent in Oasis Smart SIM Europe SAS (Oasis), a France-headquartered embedded-SIM (eSIM) technology provider, according to a joint statement by both companies. Oasis develops and provides advanced technologies and personalized services to enable the deployment of eSIM and SIM technologies. With this […]
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Telecoms giant Vodafone has officially become Oman’s third operator following a royal decree granting it a first-class license to establish and operate public telecommunications services in the Sultanate. Vodafone, which owns and operates networks in 22 countries and has partner networks in 48 further countries, will stand toe-to-toe with the local Oman Telecommunication Company (Omantel) […]
The New York Stock Exchange has withdrawn plans to remove shares of three Chinese state-owned phone carriers under an order by President Donald Trump that Beijing warned might lead to retaliation. The exchange cited “further consultation” with regulators but its announcement late Monday gave no other details. The NYSE said Thursday it would remove China […]
Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country’s internet sector. The People’s Bank of China, the country’s central bank, summoned Ant executives on Saturday and ordered them to formulate a rectification plan and […]
The U.S. government is close to a deal to acquire tens of millions of additional doses of Pfizer’s vaccine in exchange for helping the pharmaceutical giant gain better access to manufacturing supplies. A person with knowledge of the negotiations told The Associated Press on Tuesday that the deal is under discussion and could be finalized […]
This year has been unlike any other in living memory, barely any aspects of our lives have been spared by the impact of the worst public health crisis in decades. The worldwide COVID-19 pandemic shifted the way we lead our day-to-day, laying bare to our collective fragility, while greatly heightening our sense of uncertainty. The […]
The head of the Food and Drug Administration says his agency has told Pfizer that it “will rapidly work” to grant emergency use of its COVID-19 vaccine following a positive recommendation by government advisers. The FDA decision will kickstart an unprecedented vaccination campaign needed to eventually defeat the virus. The FDA’s greenlight of the vaccine, […]
5G has promised to bring many changes to how we lead our lives. Faster speeds, more security, an ecosystem supporting technological innovations, autonomous vehicles, robots, telemedicine, and so much more. However, while fueling the Fourth Industrial revolution, the fifth generation of mobile networks will need to be adopted with a green hand to usher in […]
Lee Hull named CEO of business services giant Verastar Group, the leading provider of essential services to small businesses, has appointed former TalkTalk, Virgin Media and UKFast executive Lee Hull as Chief Executive Officer. Verastar provides utilities, telecoms, insurance and digital payments services to more than 160,000 small businesses across the UK, trading under a […]
China continues to take giant leaps forward, as its largest telecoms operator, China Mobile, added a whopping 15.2 million 5G subscribers in October alone, according to a statement published by the telco. The statement highlighted that it ended the month with a total of 128.8 million 5G subscribers, compared to 6.7 million at the beginning […]