Softbank is on the verge of entering the ride-sharing and autonomous vehicles space with a $6 billion investment into Didi Chuxing.
According to Bloomberg sources, Didi is currently considering the investment, though it is not clear whether the cash injection would come directly from Softbank or the $100 billion Venture Fund, which it is one of the major players.
Details are relatively thin, though the decision is riddled with complications. To tackle the likes of Uber and Google in the self-dri
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Softbank interested in backing Uber-slayer Didi – sources
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Lycamobile steps up to 4G arena
Lycamobile has announced the expansion of its existing partnership with Telefónica to launch 4G data services across its Spanish network.
The launch of 4G data services in Spain is actually the eleventh worldwide in a country which represents a hefty proportion of the total Lycamobile customers. While Lycamobile claims to have 15 million customers worldwide, 1.934 million of them are based in Spain.
“The introduction of 4G services in Spain demonstrates our commitment to Lycamobile -
Virgin Media suspends staff over £3bn upgrade row
via ft.comCable group launches probe after cutting number of homes reached by project -
Broadband Forum’s annual awards and elections announced, along with new project for home network performance
Top accolades given to individuals helping to accelerate the Forum’s Broadband 20/20 vision Chicago, USA, 28 March 2017: Two Distinguished Fellow Awards, which recognize individuals who have significantly contributed to the direction and success of broadband development and to the delivery of Broadband 20/20, were among the accolades presented during the Broadband Forum quarterly meeting in Chicago. The first went to Barbara Stark, of AT&T – the first woman to receive the award & -
European Managed Services & Hosting Summit 2017 – details announced
[London, 28 March 2017] The successful Managed Services & Hosting Summit series of events is expanding to Amsterdam in April, assessing the impact of market trends and compliance on the MSP sector in Europe. Expert speakers from Gartner and a leading legal firm involved in assessing the impact of the new EU General Data Protection Regulation (GDPR) will be providing keynote presentations, speaking as evidence emerges that many MSPs need to “up their game”, particularly...Source: -
Fast growing social app, BRO, partners with Tutela to boost incomes and improve user experience
App monetises crowd-sourced mobile signal data to get share of £1.25m revenue fundLondon, UK. 28 March, 2017: Tutela, the crowd-sourced wireless analytics monetisation (WAM) company, has today announced its partnership with social app, BRO (www.bro.social). The partnership will see the app, which is a social platform just for men, benefit from additional revenues generated as a result of Tutela’s technology.Tutela’s software package (SDK), is currently deployed across millions -
Hotel WiFi specialist secures £1.7m to fund growth overseas
March 28th – Airangel, the Warrington-based company which is the leading provider of guest WiFi solutions to the hospitality sector - has secured a £1.7m funding package from Santander Corporate & Commercial to support its further growth.Dow Schofield Watts Transaction Services advised Santander on the deal.Airangel, which has recently opened a new office in Dubai, is expanding rapidly across Europe, Middle East, Africa and Asia. Its software platform MyAirangel is now the number -
Cellular IoT connections to hit 2.4bn by 2025 – Strategy Analytics
New research from Strategy Analytics estimates the number of cellular IoT connections will increase to 2.4 billion in 2025.
The growth itself will primarily be fuelled by the automotive, utilities and security segments, accounting for over 46% of the total global IoT cellular connections by 2025. The Automotive segment will not only retain its position at the top of the pile, but will increase its market share throughout the period also.
The surge in connections demonstrates the importance of ce -
Ericsson finally has a plan – flog media and cloud hardware units, double-down on services and IoT
Having spent the first quarter of the year reviewing the state of his company, Ericsson CEO Börje Ekholm has now unveiled his grand plan to turn the company around.
The Vestberg era was defined by a drive to diversify away from the core network hardware business, which has been in slow decline for Ericsson. The areas of diversification were generally illustrated in one of Vestberg’s favourite slides below.Ekholm has decided Ericsson got carried away with its efforts to diversify and s -
Watch out, Google’s about
With operators in the UK continuing to scrap and scrimp to recoup the lost fortunes of yesteryear, search giant Google has sauntered across the pond and is looking to make a play for the smart home gateway.
Google Home is almost available for UK consumers, effectively replicated the much advertising Amazon Alexa/Echo proposition. The hands-free smart speaker powered by the Google Assistant will essentially act as the new interface to bolster the internet giants fortunes, tapping into Search, Map -
Samsung embraces Note7 ‘USP’ and chases adrenaline junkies
Samsung has seemingly embraced the explosive nature of Galaxy Note7 devices, apparently chasing a new demographic; adrenaline junkies.
The last few months has seen YouTube awash with videos of youngsters performing what most normal people would consider acts of stupidity. Some are doing handstands on top of the world’s largest buildings, whereas others are surfing on top of trains travelling at great speeds. It would appear Samsung are using this as an opportunity to get rid of potentially -
HUBER+SUHNER to demonstrate latest connectivity solutions for trains at Smart Rail Europe 2017
The company’s presence at the show comes after the major announcement of a partnership with ENGIE INEO to bring the world’s first broadband passenger Wi-Fi network aboard SNCF’s TGV high-speed fleetHUBER+SUHNER has announced it will showcase its latest connectivity solutions for trains at Smart Rail Europe 2017, taking place April 5-6 in Amsterdam. The HUBER+SUHNER display will highlight solutions for high-data-rate communications thus enabling internet connectivity on trains. -
Google Home, WiFi heading to UK next month
Google on Tuesday announced that its Home smart speaker is headed for the U.K. next month, along with a new WiFi routeOfficially unveiled last May, Google Home is a cylindrical, connected speaker that resembles a giant air freshener and comes equipped with the Internet giant's voice…read more on TotalTele.com » -
Ericsson announces major restructuring, impairments
Ericsson on Tuesday kicked off a major restructuring that includes overhauling its senior management and a strategic review of its media and IT cloud hardware divisions, as it seeks to revitalise its business.The shake-up will result in a 3 billion kronor-4 billion kronor (€314.68 million-€419.63 million) hit on operating profit, plus restructuring charges of SEK2 billion, in the first quarter alone.It is the second restructuring announced by Ericsson in the last 12 months."For some t -
Bharti Airtel sells 10.3% of Infratel for €877m
Bharti Airtel on Tuesday sold a 10.3% stake in Bharti Infratel to a consortium of funds advised by KKR and the Canada Pension Plan Investment Board (CPPIB) for 61…read more on TotalTele.com »
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