Swedish telecoms vendor Ericsson has been awarded a 3 percent in China Telecom and China Unicom’s joint 5G ran operations, beating out Finnish rival Nokia’s contribution, Reuters reported citing inside sources. Nokia had initially been tapped as the favorite to leverage Ericsson’s market share in mainland China due to complications between the Swedish vendor and Chinese telecom companies; but […]
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Fijian operator Digicel said it launched its next-generation satellite broadband service – Digisat. The service will provide universal data connectivity at an affordable rate in rural and remote communities. Digicel’s remote community Wi-Fi will provide broadband services to rural households and businesses that are currently without access to the internet. CEO Farid Mohammed says their […]
Emirates Telecommunications Group Company Etisalat marked on Thursday a 3.9 percent year-over-year increase in its first-quarter net profit following federal royalties to $1.28 billion, leading to a net profit margin of 18 percent, the company reported on Monday. In the UAE, the subscriber-based telecom company reached 12.1 million fixed and mobile subscribers in its domestic […]
Mauritius Telecom announced last week the introduction of 5G services to its offering on the island, a step which follows the provider’s receival of 5G license for mobile telephony earlier last month. The telco was among two other companies, Cellplus Ltd and Emtel Ltd, that had applied in February to a public consultation regarding the opening of frequency bands for 5G. By April, the three operators were invited to submit their applications for the spectrum. In […]
During Facebook’s recent earnings call, Mark Zuckerberg confirmed the company’s next hardware release will debut the tech giant’s collaboration with Ray-Ban eyewear on a pair of augmented reality glasses. The long-awaited Ray-Ban “smart glasses” were supposed to launch in 2021. However, as a steep plunge in COVID-19 cases forced most of the world into a lockdown, a lot of tech firm’s plans changed. “Looking ahead here, the […]
Chinese mobile service revenues are expected to grow at a compounded annual growth rate CAGR of 3.1 percent from $131.3 billion in 2021 to $152.7 billion in 2026, according to a study published on Thursday. London-based data analytics company, GlobalData published a study showing that the mobile data revenues will witness a rise in its CAGR reaching 6.8 percent due to the growing adoption of 5G services, followed by the rise […]
Indian telco Reliance Jio added 3.55 million wireless subscribers during the month of May, acquiring the highest rank in the telecom industry for four consecutive months. Despite the overall wireless subscriber base drop throughout that month by 6.27 million, Jio outperformed its fellow Indian telcos Bharti Airtel and Vodafone Idea. Both providers lost 4.61 million and 4.28 million subscribers, respectively. As per data shared by the Telecom Regulatory Authority of India Trai, Jio’s wireless subscriber base increased by […]
The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on anti-pollution rules to curb climate change. The Senate legislation provides $7.5 billion in federal grants to build a national network […]
Libya’s government-owned telecom Hatif Libya signed on Monday an agreement to improve its fiber optic network with an U.S.-based supplier of open optical networking solutions called Infinera. This project will provide access to internet and mobile services in Libyan areas that were not covered previously by the network and improve the quality and reliability of services for all customers. Infinera will install Automatically Switched Optical Network (ASON) technology, that will enable the Libyan company to dynamically […]
Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track. Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and data security enforcement against the industry. Tokyo’s Nikkei 225 gained 0.4% to 27,687.28, while the Kospi in South […]