In a recent announcement by Australia's TPG Telecom Ltd, the company mentioned that it was examining a merger deal with rival Vodafone. This move could allow TGP to enter the mobile network market faster and less expensively while lightening the competition in this ruthless industry.The news caused a huge increase of 20% to a near-two-year high in TPG's shares, their best daily gain since 2009.

Read more: Australia's TPG Telecom and Vodafone in talks of potential merger

Nokia's cloud-native core technology is being deployed by Idea Cellular in Delhi, the capital of India, as part of the operator's transformative steps toward digitalization to meet increasing data demand and mobile broadband growth.

Read more: Indian operator partners with Nokia in effort to accelerate its digitalization

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