In a labyrinthine deal of swapping, selling, and buying shares, Japanese conglomerate Softbank Group Corp. dropped the curtain on what could be a crowned deal, as it plans to own segments of Deutsche Telecom by selling units of its T-Mobile U.S. Inc. shares to the German telco. Deutsche Telekom (DT) has finally revealed plans to […]
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Saudi Arabia’s sovereign wealth fund proposed a non-binding offer to acquire a 60 percent stake in Kuwaiti-backed Zain’s KSA towers with various investors offering to buy another 20 percent, leaving the telco’s assets with an $807 million valuation, according to Zain KSA. The Public Investment Fund (PIF) offered a whopping $484 million for 60 percent […]
El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said the digital wallet used for transactions was not functioning. For part of the morning, El Salvador’s president became tech support for a nation stepping into the world of cryptocurrency. […]
Australia’s highest court on Wednesday made a landmark ruling that media outlets are “publishers” of allegedly defamatory comments posted by third parties on their official Facebook pages. The High Court dismissed an argument by some of Australia’s largest media organizations — Fairfax Media Publications, Nationwide News and Australian News Channel — that for people to […]
Over two decades, the United States and its allies spent hundreds of millions of dollars building databases for the Afghan people. The nobly stated goal: Promote law and order and government accountability and modernize a war-ravaged land. But in the Taliban’s lightning seizure of power, most of that digital apparatus — including biometrics for verifying […]
Under U.S. pretense that the Chinese telecom vendor Huawei could expose the Gulf to national security threats, United Arab Emirates (UAE) telco firms are urged by U.S. Lockheed Martin’s F-35 jets and drones’ sales deal to push Huawei from its 5G infrastructure contracts. The UAE has always held a fierce stance concerning its strong mobile […]
The Ericsson Mobility Report states that 5G mobile subscriptions will exceed half a billion by the end of 2021 — making 5G the fastest adopted mobile generation in history. The 4G rollout taught mobile virtual network operators (MVNOs) that they must take a more proactive approach if they are to successfully compete with larger mobile […]
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 […]
The U.S. government’s highway safety agency wants detailed information on how Tesla’s Autopilot system detects and responds to emergency vehicles parked on highways. The National Highway Traffic Safety Administration made the detailed request in an 11-page letter sent to the electric car maker that was dated Tuesday. The letter is part of a wide-ranging investigation […]
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 […]