Amidst Beijing’s latest regulatory wave to impose dominion on its tech sector, China’s Big Tech shares drastically dropped on Monday as the country’s watchdogs intend to break down Ant Group Co.’s Alipay, at a speed the U.S. and the European Union cannot fathom or dare to indulge in. Following a Financial Times report stating that Beijing is […]
Search results for "HUAWEI"
The slow process of releasing Ethiopia’s telecom market has finally reached an end with the licensing of East Africa’s Safaricom-led Global Partnership for Ethiopia’s consortium, granting the company a seat at the table to empower the government’s telecom services. Ethiopia is one of the last two countries in Africa to augment its national telco services […]
Philippines operator Parasat Cable TV has selected Harmonic’s CableOS Cloud-Native Core Platform to modernize its broadband operations. Harmonic is expected to enable Parasat Cable TV to expand broadband capacity and bring internet access to subscribers. The Cable TV is replacing a legacy and proprietary Huawei Remote MAC-PHY with Harmonic’s standards-based DAA that includes the CableOS […]
Ericsson CEO, Borje Ekholm, expressed deep concerns over the U.S.-China tech war, arguing that the west might get deprived of accessing China’s R&D if global mobile standards are torn between both China’s and the West’s 6G efforts, reaching 5G network’s final stages. Swedish telecoms vendor Ericsson continuously demonstrated its unbiased stance regarding the geopolitical aspect of […]
A1 Telekom Austria Group granted on Monday to Scandinavian network equipment suppliers Nokia and Ericsson 5G contacts in Bulgaria, Croatia, Serbia, and Slovenia. This step follows the group’s purchase of a new 5G spectrum worth $16.59 million for its Croatian subsidiary A1 Croatia earlier last week. As for the geographical distribution between the two chosen […]
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 […]
Ericson reported on Tuesday a grow in its organic sales of eight percent of its market value as Geopolitical tensions grow between the Swedish company and the world’s second largest economy, following the company’s warning of its deteriorating market share in China. The telecoms vendor – one of Huawei’s biggest competitors – announced that both […]
An assemblage of China’s biggest tech companies has cooperatively signed on Tuesday an antitrust ‘self-discipline’ agreement with Beijing’s expanding regulatory pressure on Chinese tech firms. E-commerce platform Alibaba Group, Tencent, and TikTok’s parent company ByteDance are amongst 33 Chinese tech companies that have voluntarily signed an agreement of self-discipline amidst Beijing’s regulation rise on Big Tech companies. Some of China’s biggest and most dominant tech […]
The FCC voted unanimously on Tuesday on a $1.9 billion program to pull and substitute telecommunications equipment from Chinese telecom companies Huawei and ZTE for national security purposes. Chinese telecom titan Huawei announced later on Wednesday its acute disappointment over the FCC’s decision to remove and alternate its telecommunications equipment in the U.S. Huawei continued […]
Chinese budget smartphone maker Xiaomi is set to raise around $1.2 billion from debt issuance, with $800 million worth of bonds due for payment in 2031 with a coupon of 2.87 percent per year, a regulatory filing said. The move comes at a tricky time as other Chinese tech companies have seen themselves pitted in a government crack down led […]