Telecommunications operator Vodafone New Zealand has announced that it has conducted pre-standard 5G trials in partnership with Nokia in an effort to demonstrate how it can evolve its networks from 4G to 5G.
Industry News
Vodafone India and Idea Cellular announce post-merger leadership team
Vodafone Group and Indian telecom company Idea Cellular have announced the proposed leadership team of the combined business, which will come into effect after the merger has been completed. This is in line with the original merger announcement of 20 March 2017, which said that the management team of the combined business would be confirmed prior to closing.
Ericsson targets $1.2bn cost reduction by mid-2018
Swedish telecom equipment vendor Ericsson plans to reduce costs by at least SEK 10 billion (around $1.2 billion) by mid-2018 to compensate sluggish profits. Ericsson revealed at its annual general meeting (AGM) that for the full year 2017 net sales decreased by 10 percent to SEK 201 billion, and operating income was down 38.1 percent.
Japanese conglomerate awaiting regulator to approve sale of its chip unit
Japanese technology conglomerate Toshiba has announced that it is still waiting for regulators to approve the sale of its prized chip unit to US firm Bain Capital. The deal between the two entities was agreed in September, but the deal has still not been rubberstamped by regulators.
Australian operator tests 5G-enabled Wi-Fi in Gold Coast
Australian telecommunications incumbent Telstra has announced that it is testing 5G-enabled Wi-Fi hotspots on two streets in Gold Coast in an effort to give users a taste of 5G as it evaluates its next move in relation to next-generation mobile technology.
China Mobile reports six-year high telecom revenue
China’s largest telecom provider, China Mobile, reported operating revenue of 740.5 billion yuan for the 2017 financial year, up by 4.5 percent compared to the previous year. Revenue growth in telecommunications services achieved a six-year high of 7.2 percent, outpacing the industry average.
Huawei launches P20 and P20 Pro smartphones
At an exclusive launch event held on March 27 in Paris, Huawei Consumer Business Group unveiled the HUAWEI P20 and HUAWEI P20 Pro. The HUAWEI P20 Pro features the world’s first Leica triple camera, and both devices include unprecedented AI advances, the company said in a statement. Huawei also unveiled the Porsche Design HUAWEI Mate RS (Race Sport).
NTT DOCOMO pulls out of New York Stock Exchange
Japanese telecommunications company NTT DOCOMO announced that, further to its announcement on April 28, 2016 regarding its intention of delisting from the New York Stock Exchange (NYSE), the company notified the NYSE on March 19, 2018 that it will apply for the voluntary delisting of its American Depository Shares (ADSs) from the NYSE.
IDC predicts that smart city spending in APAC region to exceed $28bn in 2018
A comprehensive report conducted by the IDC has projected that smart city expenditure is set to reach $28.3bn in 2018. The report analyzed the estimated spending on technologies that is set to be integrated in order to facilitate smart city programs in the Asia Pacific.
Wedge Networks forms new partnership to protect governments from cybersecurity attacks
Wedge Networks, the leader in real-time threat prevention has been working with its partner, Bangkok Systems, to bring its Wedge Absolute Real-time Protection (WedgeARP) solution to the Thai market and has recently deployed it in the Royal Thai Army Hospital.