Vodafone Idea’s (VI) fate is now controlled by the Indian government as the impending demise could immensely affect telecommunication service rivals, stakeholders, and the government, resulting in catastrophic outcomes on the country’s telecom sector. India’s telecommunication sector is wielding its final strategies to push itself from the underlying financial concerns, with Aditya Birla Group’s subsidiary, […]
Telecom
Arabian Internet and Communications Services Co. revealed plans of auctioning 24 million of its shares, trusting this move will raise $960 million in its initial public offering (IPO). The company, which is a subsidiary of Saudi Telekom Company (STC), will look to auction off the shares with prices ranging between $36.26 and $40.26 per share. […]
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 Court of Justice in the European Union (CJEU) ruled on Thursday against German mobile operators Telekom Deutschland and Vodafone for violating domestic authorities’ bloc net neutrality and roaming regulations for their “Zero-rating” scheme, following national investigations. The EU ruling was based on the compatibility of services provided by the telcos, following limitations on bandwidth […]
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 […]
Saudi Arabia’s Communications and Information Technology Commission (CITC) launched on Sunday “The Local Roaming” initiative with the Kingdom’s leading telco firms to maximize services within all regions, specifically in remote villages and desert areas. Zain’s statement revealed that the primal phase of The National Mobile Inter-Network Roaming initiative will be launched in the Asir area […]
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 […]
T-Mobile says it has notified nearly all of the millions of customers whose personal data was stolen and that it is “truly sorry” for the breach. CEO Mike Sievert said in a written statement Friday that the company spends lots of effort to try to stay ahead of criminal hackers “but we didn’t live up […]
Indian telecoms provider Bharti Airtel revealed on Sunday that its board of directors has approved raising up to $2.86 billion by adopting a rights issue for shareholders, allowing for the sale of its shares at a discount price. “The Board of Directors of the company, at its meeting held today, comprehensively reviewed the industry scenario, […]
South Korean telco SKT announced on Tuesday its plans to create a new subscription service named “T universe” in partnership with e-commerce giant Amazon and popular search engine Google. “T Universe aims to create a new universe of subscription services that benefits both customers and business partners,” said Park Jung-ho, CEO of SKT in a […]