Facing extreme pressure from Myanmar’s Junta, Norwegian operator Telenor has sold it’s operations within the country to Lebanese investment firm M1 Group for $105 million, the company said in a statement on Thursday. “Telenor Group has entered into an agreement to sell 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of $105 million, of which $55 […]
Telecom
Ericsson, the Swedish multinational networking and telecommunications company and Entel telcos partnered to launch 5G and IoT services in Chile. Through this agreement the largest Chilean telecommunications company, Entel, will install a 5G network using products and solutions from the Ericsson Radio System and Ericsson Spectrum Sharing portfolio, including Massive MIMO radios for high-band (26GHz), […]
Norwegian telecoms provider Telenor is currently assessing a possibility to exit the Myanmar market, citing the worsening economic and business environment outlook and a deteriorating security and human rights situation, with limited prospects of improvement, the company said in a statement late last week. This statement was echoed by news reported by Reuters, who quoted […]
Google Cloud and Ericsson announced earlier this week a joint project that will provide new 5G cloud solutions to help communications service providers (CSPs) digitally transform and to unlock new enterprise and consumer use cases. The pair aims to merge Google Cloud’s services with 5G wireless equipment built by Ericsson to develop new solutions at […]
UAE-based telecoms provider Etisalat announced on Thursday that it has started developing and looking 6G via conducting research, developing international standards, and R&D, the company said during the Mobile World Congress in Barcelona. Haitham Abdulazzak, Chief Technology Officer, Etisalat shared these insights during his address at the session titled “Setting the roadmap to 6G” at […]
Australian operator Telstra has announced that a consortium comprising the Future Fund, Commonwealth Superannuation Corporation and Sunsuper will become a strategic partner in Telstra InfraCo. Towers after agreeing to acquire a 49 percent interest. The telco was approached by the consortium earlier this year and the deal is expected to be completed early next year. […]
Heads of the EU’s most prolific telecoms operators have taken to the Mobile World Congress on Monday to call for a complete regulatory overhaul of the continent’s network, as their statements labelled the current framework as “century-old.” Industry analysts have previously noted that the current framework in place will not be suited to handle the […]
The Blockchain technology Market in the Telecom Industry was valued at $157.9 million in 2020 and is expected to reach $2759.8 million by 2026, registering a CAGR of approximately 61.45 percent over the forecast period (2021 – 2026). The onset of the pandemic has highlighted the criticality of telecom infrastructure. The global health emergency is […]
Malaysia-based telecoms operator Axiata Group announced on Monday a merger with Norwegian telco Telenor for amount of $15.8 billion, in a bid to bring together their mobile operations under one roof within the country. “The signing today signifies a confirmation of the intent to establish a commercially stronger and more resilient digital converged service provider, […]
While Telekom is keeping up the pace in 5G rollout, the network can now be received on the 3.6 gigahertz (GHz) frequency in around 50 cities. With more than 1,800 antennas, Telekom was transmitting on this frequency as of June 14th 2021. It enables peak speeds of over one gigabit per second. The newly added […]