Singaporean telecom provider Singtel said it plans to invest INR 26.5 billion ($413 million) to increase its share in Indian telecom group Bharti Telecom, the holding company of Bharti Airtel, by 0.9 percentage points to 39.5%. The move will be subject to approval by Bharti Telecom’s shareholders, with completion expected by March 2018.
Chinese telecommunications vendor ZTE has recorded a phenomenal financial result for 2017 which has seen its net profit increase by almost 300%. ZTE issued its earning guidance for the last twelve months which indicated a staggering 293% increase from 2016 which was based on a preliminary financial statement.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, was early in identifying the opportunities opened by 5G and on developing a 5G strategy, as commercial deployments of 5th generation mobile networks, more widely known as 5G, approaches.
China’s mobile market will soon open up to commercial licenses for MVNOs (mobile virtual network operators) after the Ministry of Industry and Information and Technology (MIIT) launched a public consultation seeking industry input and feedback on the government’s proposal to allow commercial MVNO licenses, including foreign-invested firms.
Qualcomm Incorporated has today confirmed that it has received a revised, non-binding, unsolicited proposal from Broadcom Limited to acquire all outstanding shares of Qualcomm for $60.00 per share in cash and $22.00 per share in Broadcom stock.
Thailand’s third largest mobile operator has announced that it is set to axe 1,000 jobs despite posting a sharp increase in its net profit in Q4 2017. Dtac is embarking on an aggressive and robust cost-cutting program in an effort to put the telecommunications firm back on a solid financial footing.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet released the world's first 5G E2E network slicing solution.
Qualcomm and Samsung have strengthened their relationship, which could help the mobile chipmaker fend off its antitrust case in South Korea. As part of an expanded cross-license agreement, Samsung “will be withdrawing its interventions” into Qualcomm’s appeal against an $868 million fine announced in 2016 over what the Korean Fair Trade Commission (KFTC) deemed “excessive” licensing fees.
South Korea’s telecommunications incumbent SK Telecom has enjoyed a significant increase in its profits, which it has largely attributed to its investments in its broadband and e-commerce businesses.
Malaysia’s three major mobile operators have all agreed to renew their spectrum licenses in the 2.1GHz band. It was disclosed that each operator paid MYR118.4 ($30.5 million) to renew their licensing agreements with the regulatory commission in the country.
