New Zealand’s second-largest telecommunications operator Spark has suffered a double-digit decline in its profit following the publication of its financial results for the fiscal year ending June 30th.
Industry News
Australia's TPG Telecom and Vodafone in talks of potential merger
ExpiredIn 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.
Google CEO defends plan to re-enter Chinese market
ExpiredUS search engine colossus Google has announced plans to develop a new mobile app in an effort to re-enter the Chinese market.
Indian operator partners with Nokia in effort to accelerate its digitalization
ExpiredNokia'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.
Australian ban for Huawei is politically motivated
ExpiredChinese telecommunications vendor Huawei has issued a lengthy statement in which it has ‘blasted’ the decision by the Australia government to ban them from participating in any 5G projects in the country.
Apple subject of investigation over anticompetitive behaviour in Japan
ExpiredUS smartphone behemoth Apple is the subject of an investigation in Japan amidst allegations that it engaged in anticompetitive behaviour.
Australian operator announces 440 job losses
ExpiredAustralian telecommunications operator Singtel Optus has announced that it will cut 440 jobs over the next few months. The operator has described the decision has an extremely difficult one to take, but said it was necessary in order to ‘future-proof’ the company.
Telstra launches its first 5G services on the Gold Coast
ExpiredAustralian telecommunications incumbent Telstra has announced the launch of its 5G services on the Gold Coast.
Australian government bans Huawei and ZTE on rollout of 5G networks
ExpiredChinese telecommunication vendors Huawei and ZTE have been dealt a hammer blow following the confirmation by the Australian government that both will be prohibited from participating in the rollout of 5G networks in the country.
UK and Canadian lobbyists urge Australia not to ban Huawei
ExpiredLobbyists representing both the UK and Canada are reportedly applying pressure on the Australian government to ensure that Chinese telecommunications vendor Huawei has a role to play in constructing 5G networks in the country.