Shares in Telecom Italia (TIM) rose more than 9% on Monday after the phone group said it would start formal talks with KKR to assess more closely the U.S. fund’s potential 10.8 billion euro ($11.8 billion) offer. At the end of a long board meeting on Sunday, TIM also said it would explore a possible […]
Telecoms
Chip company Broadcom Inc on Thursday forecast second-quarter revenue above Wall Street estimates on the back of strong demand from enterprise and cloud clients, and the ramp-up in 5G technology. “Enterprise spending is on fire … and we are seeing a big part of that,” Broadcom’s chief executive, Hock Tan, told analysts on a conference […]
Chinese social media giant Tencent Holdings Ltd will reduce transaction fees for small and medium-sized merchants using its WeChat payments system by 10%, the company said in a statement on Thursday. The reductions will apply beginning Sept. 1, 2021, and extend up to Sept. 30, 2024, the company added. In order to qualify for the […]
Sweden’s Ericsson on Wednesday said the U.S. Justice Department accused it of breaking terms of a 2019 deal with prosecutors by failing to properly disclose misconduct and compliance failures in Iraq. Ericsson, which has been at the center of a scandal over possible payments to Islamic State, said U.S. authorities determined it failed to make […]
Indian conglomerate Reliance Industries said on Thursday it would invest 16.7 billion rupees ($220.70 million) to create a joint venture (JV) with U.S.-listed Sanmina Corp for making electronic products in the Asian country. The JV aims to make hardware for 5G communications, cloud infrastructure, healthcare systems, clean technology, and defense and aerospace, Reliance said in […]
Norway’s Telenor is planning to transfer $100 million held by its troubled Myanmar operations to the unit’s new buyers – an amount roughly equivalent to how much it will be paid over five years, three people with knowledge of the deal’s terms said. The previously undisclosed detail of the controversial sale underscores the urgency of […]
From Deutsche Telekom to AT&T to Vodafone, more than a dozen telecoms providers on both sides of the Atlantic are either providing free international calls to Ukraine or are scrapping roaming charges with the country. European telecoms lobbying group ETNO said an internal survey showed at least 13 of its members have taken measures to […]
eSIM as a Service provider Mobilise has partnered with communications solution provider OV to deliver a world leading embedded SIM (eSIM) only offering to a global customer base. OV, which is a division of mobile network operator (MNO) Manx Telecom, has developed its eSIM product for the traveler segment, with the aim of disrupting current industry standards and […]
5G, bundling offers, personalization – CSPs have to keep developing constantly in order to achieve long-term success. But how can they succeed in keeping an eye on the overall goal with so much innovation and change in completely divergent areas of digital marketing and sales? Or perhaps the question should be “How can they even […]
The Barcelona Cybersecurity Congress also moves to the same dates. The IoT Solutions World Congress (IOTSWC), the world’s leading event that showcases game-changing solutions and technologies that are disrupting and transforming industries and enterprises, organized by Fira de Barcelona and the Industrial Internet Consortium (IIC), will be held from 10 to 12 May 2022 at the Gran […]