Thailand-based mobile operator Jasmine Telecom Systems (JTS) announced last week its Bitcoin mining plans to become the largest miner in Southeast Asia by 2024. The Thai telco, which is a subsidiary of telecom operator Jasmine International (JAS), aims to install 500 bitcoin mining machines at its Jastel Data Center during the third quarter of this year. This step is considered rare, especially that several telcos are primarily interested in blockchain, yet few are concerned about cryptocurrency. “Now is […]
Telecom
London-based telecom provider BT partnered on Thursday with Microsoft to enhance enterprise voice calling, security, and industry-focused services in various sectors. The new agreement will allow BT to switch its global managed voice services to the cloud and deliver them directly through Microsoft Teams. Microsoft’s Operator Connect plan, that supports telecom operators adding their calling plans to Microsoft Teams, will help the British partner to create new business models and revenue streams. According to Microsoft’s blog post this deal “paves the way for the development […]
Chinese mobile service revenues are expected to grow at a compounded annual growth rate CAGR of 3.1 percent from $131.3 billion in 2021 to $152.7 billion in 2026, according to a study published on Thursday. London-based data analytics company, GlobalData published a study showing that the mobile data revenues will witness a rise in its CAGR reaching 6.8 percent due to the growing adoption of 5G services, followed by the rise […]
Indian telco Reliance Jio added 3.55 million wireless subscribers during the month of May, acquiring the highest rank in the telecom industry for four consecutive months. Despite the overall wireless subscriber base drop throughout that month by 6.27 million, Jio outperformed its fellow Indian telcos Bharti Airtel and Vodafone Idea. Both providers lost 4.61 million and 4.28 million subscribers, respectively. As per data shared by the Telecom Regulatory Authority of India Trai, Jio’s wireless subscriber base increased by […]
Libya’s government-owned telecom Hatif Libya signed on Monday an agreement to improve its fiber optic network with an U.S.-based supplier of open optical networking solutions called Infinera. This project will provide access to internet and mobile services in Libyan areas that were not covered previously by the network and improve the quality and reliability of services for all customers. Infinera will install Automatically Switched Optical Network (ASON) technology, that will enable the Libyan company to dynamically […]
Morocco’s largest telecoms operator, Maroc telecoms reported a 5.8 percent decline in its revenues of $317 million for the initial half of 2021. Due to lower mobile usage, the Moroccan telecom provider experienced a 3 percent plunge in its revenues during the first two quarters of the current year. However, it wasn’t all doom and […]
Moscow’s public Wi-Fi provider, Maxima Telecom, won earlier this month a $13.6 million contract for the installation of 2000 biometric cameras on the roads of the capital, according to Russian media reports. The contract was completed with the Center for Traffic Management of Moscow. It aims to deploy a neural network in the capital that will receive data from cameras, record accidents, fires and other incidents, and report them […]
Emirates Integrated Telecommunications Company (EITC) boasted on Monday significant progress, revealing a net profit of $65.4 million in the second quarter of this year in contrast to its $58.5 million recorded at the same time last year. EITC has officially witnessed an 11 percent year-on-year (YoY) increase in net profits for the second quarter of 2021. The UAE telecom industry is primed for growth, as Emirates Integrated Telecommunications […]
Australian telecom giant Telstra announced on Monday that it is currently in talks to acquire Jamaican telco Digicel’s operations in the South Pacific for a rumored bid of $1.5 billion, various media reports highlighted. The Australian offer has been backed up from the government which will support the acquisition not only financially but also in […]
Edge computing is exactly what it says on the tin. Computing that takes place at the endpoint of an edge network, with the ‘edge’ being the end devices accessing the rest of the network, like phones and laptops. In other words, the very edge of a network. Affiliated devices were connected to the nearest central […]