UAE-based mobile operator Etisalat has been recognized to be the fastest mobile network operator in the world for 2020, according to Ookla, a global leader in fixed broadband and mobile network testing applications, data, and analysis. The telco has achieved download speeds of 115.89 Mbps and an overall ranking in the ‘Speed Score’ at 98.78 […]
Telecoms
South Korean telecom giant, SK Telecom, has announced the rollout of its first e-wallet aimed at digitally storing and managing government-issued documents, gaining approval from the country’s Ministry of Public Administration. According to SKT, the wallet will be powered by blockchain technology, and will be compatible with Government24’s digital initiative program, which promotes and encourages […]
Egypt’s top telecom operator, Telecom Egypt (TE) has announced the construction of the country’s largest international data center facility in the heart of its Cairo Smart Village. The data center – the first of its kind to receive the Uptime Institute Tier III certificates in the categories of design, facility building, and operational sustainability – […]
Chinese tech giant Huawei, one of the biggest makers of smartphones and switching equipment, said Friday its revenue rose 9.9% in the first nine months of this year, but growth decelerated in the face of U.S. sanctions and the coronavirus pandemic. Huawei Technologies Ltd. gave no sales figure for the most recent quarter ending in […]
Spanish telecom giant Telefonica is aiming to strike a partnership with the private equity branch of German insurance company Allianz that would see them enter a joint fiber optic venture worth around €5bn (£4.5bn, $5.8bn). According to a report by Spanish publication Expansion, the joint venture, half-owned by each, will look to invest in fiber […]
Intel has agreed to a $9 billion deal to sell most of its memory business to South Korea’s SK Hynix as it moves toward more diverse technologies while shedding a major Chinese factory at a time of deepening trade friction between Washington and Beijing. Intel said it will keep its “Optane” business of more advanced […]
South Korea’s largest mobile carrier, SK Telecom, has partnered up with U.S. ride-hailing app, Uber, to spin off its mobility services, while the latter aims to crack the tough SK market. According to the mobile carrier’s regulatory filing, the mobility business, called T Map Mobility Co., will be entirely owned by SK Telecom to become […]
China Broadcasting Network Co. (CBN) has been formally inaugurated as the country’s fourth mobile operator after receiving the green light from the state regulator earlier this year. The two-day old company has signed a joint venture – that includes network sharing and construction deals – with the country’s largest mobile operator China Mobile to accelerate […]
Norway’s government has accused Russia of being responsible for the cyberattack targeting its parliament that occurred in late August, according to a statement by the Scandinavian country’s government. “This is a serious incident affecting the country’s most important democratic institution; thus based on the information available to the government it is our assessment that Russia […]
This year has been tough for telcos and mobile operators due to the rapid spread of the Covid-19 pandemic. The global market decline in revenues from roaming, advertising, and equipment sales contributed to a 5.4 percent YoY reduction, bringing overall market revenue to $427B in 2Q20, according to a report by Research and Markets. Telco […]