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 […]
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Cambridge Wireless (CW) kicked off on Wednesday its yearly conference “CW TECH 2021,” with a means to explore the up-and-coming trends of 5G private network from the engineering front. The British nonprofit aspired, through its two days virtual conference, to move past the marketing messages and learn more about the tactics in the rising technology […]
Connecting people, data, machines, and supply chains is crucial for the success of the digital transformation that is accelerating the pace of business innovation. Smart factories are fast becoming a reality, with increasing amounts of data being processed by machines on the factory floor. But connecting these with global teams and dispersed supply chains is […]
Chinese leader Xi Jinping on Tuesday attacked calls from some in the U.S. and its allies to limit their dependency on Chinese suppliers and block the sharing of technologies. In a speech to representatives of leftist political parties in more than 100 countries, Xi said China’s ruling Communist Party has succeeded in raising the country […]
Popular streaming service Netflix is looking to bolster its position in Sub Saharan Africa (SSA), with the release of a new, cheaper, and mobile-only subscription since smartphones are heavily used on the continent. The new subscription will cost $3.99, which is almost 50 percent to 60 percent cheaper than their basic plan. According to the […]
Chinese regulators have clamped down on the country’s largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi to stop new registrations and ordered its app removed from China’s app stores pending a cybersecurity review. The government said it was acting to prevent security risks and protect […]
Norwegian telecoms provider Telenor is currently assessing a possibility to exit the Myanmar market, citing the worsening economic and business environment outlook and a deteriorating security and human rights situation, with limited prospects of improvement, the company said in a statement late last week. This statement was echoed by news reported by Reuters, who quoted […]
If you’re a gamer, then it’s a great time to be alive with all the new releases happening on almost every gaming platform; and this has been outlined by Newzoo’s new global games market report for 2021. Powered by just under 3.0 billion gamers, the global games market will generate $175.8 billion via consumer spending in 2021, representing a […]
Despite digital transformation efforts, carriers are still operating as if infrastructure and customer experience aren’t part of the same journey. Traditional carrier operational models have silos that make it difficult to automate, accelerate, and simplify how customers buy their services. They have to step back and look at the customer experience they are delivering first, […]
Mexico’s richest man has pledged to rebuild and pay for a segment of a Mexico City subway line that collapsed on May, killing 26 people, President Andrés Manuel López Obrador said Wednesday. López Obrador said telecom and construction magnate Carlos Slim has promised to pay for the rebuilding out of his own pocket and have […]