Telecoms

No Service: The Big Problem with Rural Broadband

Not being able to make a phone call or access the internet is an unfair, yet all-too regular, occurrence for people living in rural communities. Disparities in connection between rural and urban areas cause consequences that run much deeper than just frustration. In this article, Hamish White, CEO of telecom services provider Mobilise, discusses the inequalities of […]

Ericsson CEO Faces Investor Ire Over Handling of Iraq Probe

Investors publicly rebuked Ericsson Chief Executive Borje Ekholm and the telecom equipment maker’s board on Tuesday over a scandal involving potential payments to Islamic State. Ekholm’s handling of an internal probe into Ericsson’s operations in Iraq has come under scrutiny after the U.S. Department of Justice (DoJ) said the company was in breach of a […]

Saudi Telecommunication Company (STC): When an Oligopoly Replaces a Fading Monopoly

The Saudi Telecommunication Company, known as STC, is the leading telecom operator in the Kingdom of Saudi Arabia (KSA), competing with United Arab Emirates (UAE)-based Etisalat for the number one spot in the region. Established in 1998, the company has been witnessing successive periods of evolution and portfolio diversification that often mirror the telecom landscape […]

U.S. FCC Adds Russia's Kaspersky, China Telecom Firms to National Security Threat List

The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp and China Mobile International USA to its list of communications equipment and service providers deemed threats to U.S. national security. The regulator last year designated five Chinese companies including Huawei Technologies Co and ZTE Corp as the first firms […]

Telecom Italia Faces 2.6 billion Euro Claim in Broadband Case

Telecom Italia (TIM) faces a 2.6 billion euro ($2.9 billion) request for damages in a case relating to alleged abuse of its dominant position in the broadband market after a complaint by rival Open Fiber, the phone group’s 2021 financial statement shows. As previously disclosed, Open Fiber filed a complaint with a Milan court in […]

Yum China, BYD Say China's COVID Curbs Have Impacted Operations

Chinese businesses from automaker BYD to KFC operator Yum China say their operations have already been hit by the country’s latest COVID-19 curbs, with more disruption expected as case numbers rise. The impact on companies comes as China battles its worst outbreak since the start of the coronavirus pandemic in early 2020. It posted a […]

China's Tencent Faces Possible Record Fine for Anti-Money-Laundering Violations - WSJ

Tencent Holdings Ltd is facing a potential fine, which could be at least hundreds of millions of yuan, for violating some central bank regulations on its WeChat Pay mobile network, the Wall Street Journal reported on Monday, citing people familiar with the matter. Financial regulators recently found that WeChat Pay had broken China’s anti-money-laundering rules […]