ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, announced an agreement with Digicel Group to expand 4G LTE networks across its 26 markets in the Caribbean and Central America.
Industry News
Vodafone and Idea Cellular announce merger to become India’s largest telecoms operator
British telecommunications giant Vodafone has given the green light to its Indian unit to merge with Idea Cellular in order to create India’s largest telecoms operator. The merger has been made out of necessity following the emergence of 4G newcomer Reliance Jio.
PCCW Global and SAP Digital Interconnect combine forces to set new standards in geographic reach, quality and flexibility of mobile roaming and interconnect services
PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider, has signed an agreement with SAP Mobile Services now SAP Digital Interconnect to merge their respective Internetwork Packet Exchange (IPX) domains into a single IPX domain. The agreement signifies the creation of a global, independent full-service IPX offering, with customers now being able to benefit from both SAP’s extensive LTE roaming footprint and PCCW Global’s state-of-the-art IPX Voice and VoLTE capabilities, all offered via a single dedicated network connection.
Analysts predict more buyouts and mergers as India’s telecommunications price war intensifies
India, one of the world’s most competitive telecommunication industries has continued to be shaken following the incessant and aggressive strategy of the country’s richest man Mukesh Ambani. Since he introduced 4G newcomer Reliance Jio to the market in September 2016 – the telecommunications market has been drastically transformed. So much so in fact, that Norwegian multinational firm Telenor quit the Indian sector and sold its operations to Bharti Airtel.
Bharti Airtel sells stake in its tower unit Infratel for $952 million
Indian telco Bharti Airtel has sold 10 percent of its tower unit Infratel $952 million to a consortium of investors in a bid to reduce its debt pile. The investors are led by private equity firm KKR and the Canada Pension Plan Investment Board.
Samsung heir Lee Jae-Yong denies corruption charges
Samsung, the world's largest smartphone manufacturer, is embroiled in a corruption scandal which has seen South Korea's President, Park Geun-Hye, impeached. The heir to Samsung, Lee Jae-Yong, has denied all charges made against him involving corruption, bribery, perjury and other offences linked to the former President.
Chinese smartphone maker produces 1 phone every second in India
Leading smartphone maker Xiaomi has revealed that it is producing one device every second in India. The Chinese tech colossus has revealed that a staggering 95% of the Xiaomi smartphone being sold in India were being made in the country. That disclosure was made by vice president and managing director of Xiaomi India, Manu Jain, at the announcement of a new manufacturing plant in the scenic coastal city of Vizag in the southern Indian state of Andhra Pradesh. Xiaomi also disclosed details of its latest phone the Redmi 4A.
Australia’s Telstra establishes partnership with SD-WAN provider VeloCloud
Australia’s largest telecom company Telstra announced a strategic partnership with US-based VeloCloud Networks, the Cloud-Delivered SD-WAN (software defined wide area networks) company, which simplifies and automates enterprise branch networking. The partnership includes an investment by Telstra Ventures in VeloCloud as part of their latest funding round.
Apple under fire for not paying tax to New Zealand Government
Apple has come under fire for not paying any tax in New Zealand. The Californian company reportedly sold NZ$4.2 billion worth of products in the country, but didn’t pay any tax at all.
New Zealand’s Chorus renews managed services contract with Nokia
Nokia has renewed its managed services agreement with Chorus, New Zealand's largest telecommunications infrastructure company, for a further three years. Under the new contract, Nokia will continue to provide fully managed end-to-end operations services to further enhance the customer experience, operational efficiency and quality of the operator's national fixed line network.