Search results for "sc"

Nokia wins 5G deal with Thailand’s dtac

Thailand’s dtac has selected Finnish telecoms company Nokia as its 5G RAN partner, ensuring that the company’s network performance is 5G-ready, with deployment expected to start later in the year with completion forecasted by 2022. Nokia has been in Thailand for over 30 years with the deployment of 2G, 3G and 4G networks and will […]

Chinese regulators order Ant Group to rectify its businesses

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 […]

Holiday sales tick up as shoppers invest in their homes

Retail sales increased a modest 3% during a longer holiday season this year, as homebound shoppers spent more on furnishing and food but less on clothing and jewelry, according to figures released Saturday by a firm that tracks all forms of payments. The increase fell short of predictions from the National Retail Federation, the nation’s […]

The Latest: Spain receives 1st batch of coronavirus vaccine

MADRID — Spanish authorities say the first batch of the coronavirus vaccine to reach the country has arrived. The government said Saturday morning that a truck transporting the vaccine produced by Pfizer arrived at a company warehouse in the central city of Guadalajara after making the trip from Belgium. It is the first part of […]

New Coronavirus strain impacts financial markets

Just when we thought we were in the clear, coronavirus pulls us back in. A new modified strain of the virus has been identified in the UK, forcing the nation into a T4 lockdown. Following news of the new coronavirus strain outbreak, Asian stocks fluctuated and in parallel, a long-awaited second stimulus bill was announced […]

Retailers brace for flood of returns from online shopping

A huge surge in online shopping during the pandemic has been a savior for retailers, but it comes at a price. Shoppers are expected to return twice as many items as they did during last year’s holiday period, costing companies roughly $1.1 billion, according to Narvar Inc., a software and technology company that manages online […]

How telcos can improve their customer service

It’s no mystery that telecoms is a highly competitive industry, with telcos offering everything from better minutes, data, packages, and the like at lower costs to lure in customers to their networks over the other. While these strategies have been implemented far and wide to increase subscriber counts, they aren’t as viable in today’s competitive […]

Sweden excludes Huawei from its 5G efforts

Sweden will rely on itself to set up its fifth generation of mobile networks infrastructure, excluding Chinese telecom titan Huawei from the construction efforts. The decision was made following a nationwide poll that addressed advancing human rights and democratic reforms, with China as its highest policy priority. The Swedish Post and Telecom Authority (PTS) said […]

Closer look by Beijing at group buying and big tech

China is ramping up its scrutiny of the practice of community group buying, summoning some of the nation’s largest tech companies for discussions as part of an anti-monopoly push. Community group buying allows groups of people living in the same town or region to buy groceries and other items in bulk at a discounted rate, […]

Telcos race against time as Nigeria extends mobile users’ deadline

Nigeria’s Communications Commission (NCC) has extended the deadline for telcos to register mobile phone users who link their mobile SIM cards with their national ID numbers, according to a statement by the country’s ministry of communications and digital economy. The NCC had previously announced a week prior that telecoms operators would be given until December […]