Telecom news

• EchoStar drops Inmarsat takeover after £3.2bn bid rejected

  06-07-2018 19:03
  US group’s effort to buy UK satellite rival fails after unheeded call for deadline extension
  
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• Sterlite Tech to acquire European Specialised Optical Cable Manufacturer to expand global presence

  06-07-2018 15:25
  Pune, India – July 06, 2018: Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-to-end global technology leader in smarter digital networks, today announced the signing of definitive agreements for acquisition of a European specialised optical cable manufacturer based in Italy.Sterlite Tech, through its wholly owned Italian subsidiary Sterlite Technologies S.p.A, will acquire 100% stake in Metallurgica Bresciana S.p.A (Metallurgica). Metallurgica designs and manufactures special precision o
  
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• Liberty Global poaches Tivo CEO Enrique Rodriguez to be CTO

  06-07-2018 14:57
  Enrique Rodriguez, who only joined DVR company Tivo as CEO last November, has been poached by Liberty Global to be its CTO.
  “Enrique is a seasoned executive who will hit the ground running on day one,” said Mike Fries, CEO of Liberty Global. “In today’s technology environment the best CTOs have worked across sectors, platforms and geographies. Enrique has C-level experience as an engineer, software developer and operator.
  “He has managed multi-billion dollar busines
  
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• ZTE celebrates temporary reprieve by replacing President and senior management team

  06-07-2018 14:17
  The cleaning of the ZTE Augean stables continues apace with the replacement of its President, CFO and EVPs.
  Having been appointed at the start of this week, ZTE’s eight-person board wasted little time in getting rid of President Zhao Xianming, CFO Shao Weilin and Executive VPs Xu Huijun, Zhang Zhenhui, Pang Shengqing, and Xiong Hui. They were immediately replaced by Xu Ziyang, Li Ying, Wang Xiyu, and Gu Junying.
  Here’s the statement offered up by the independent non-exec directors: &
  
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• Ericsson confirms Wind Tre RAN deal

  06-07-2018 12:59
  A few days after the news was leaked Ericsson has formally announced a major deal win with Wind Tre in Italy.
  Earlier this week it was reported that Ericsson had scored a €600 million deal to supply base stations to Italian operator Wind Tre. The added twist to that leak was that the deal apparently came at the expense of ZTE, with Wind Tre quite reasonably concluding the embattled kit vendor might not be most reliable destination for its hard-earned millions.
  Perhaps as a result of that le
  
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• Nokia’s tour of China continues with China Mobile 5G AI partnership

  06-07-2018 12:41
  Nokia has expanded its relationship with the world’s largest mobile operator China Mobile to jointly develop artificial intelligence (AI) and machine learning capability on 5G.
  It has been busy days at Nokia. One day after its collaboration with Tencent was announced, Nokia’s new R&D related MOU in China is focused on AI and machine learning in 5G environment, and this time the joint lab will be located in Hangzhou, east China. China Mobile will define use cases as well as standa
  
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• Mobile industry works together to deliver complete 5G system standard on time

  06-07-2018 11:24 via feedproxy.google.com
  La Jolla, USA, 20:18 PDT, June 13th, 2018 - 3GPP TSG #80 Plenary Meeting has approved the completion of the standalone (SA) Release 15 5G specifications. After the release of the 5G NR specifications for non-standalone (NSA) operation in Dec. 2017, another essential step of standardization of 5G has been successfully completed. Now, the whole industry is taking the final sprint towards 5G commercialization. The completion of SA specifications which complements the NSA specifications, not only gi
  
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• Deregulation in Finland: Uber Black may be back, but UberPOP is popped, again

  06-07-2018 10:20
  Finland’s new Act on Transport Services has opened its taxi market to competition. 90 per cent of taxi rides in the future are expected to be booked on mobile apps, estimated the authorities.
  To call Finland an expensive country to live in is a fair comment. To say hiring taxi in Finland is expensive is an understatement. The country had rigid restrictions on cab fare and high entry barriers which have fended off competition. Uber was banned from operating in 2017. Uber drivers’ earn
  
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• Inmarsat rejects second £3.2bn bid from US rival EchoStar

  06-07-2018 09:26
  US suitor comes up against put-up-or-shut-up deadline but hopes to continue pursuit
  
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• Inmarsat rejects improved £3.2bn bid from EchoStar

  06-07-2018 09:26
  US rival seeks to extend deadline to make formal offer for UK’s leading satellite group
  
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• Samsung quarterly profit slips on poor Galaxy S9 sales

  06-07-2018 04:13
  Solid results from chip unit fail to offset underwhelming sales of flagship phone
  
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• Xiaomi IPO shows strong demand at lower price

  06-07-2018 02:00
  Xiaomi has revealed that its arguably over-hyped initial public offering was almost 10 times oversubscribed in Hong Kong, the Chinese equipment maker having priced its shares at the low end of its previously announced range…read more on TotalTele.com »
  
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• Telia makes management changes in Baltics

  06-07-2018 02:00
  Telia Company this week shuffled executives at its Baltic operations to fill the vacancy created by Kestutis Sliuzas' decision to depart.The Sweden-based operator named Dan Strömberg as the new CEO of Telia Lithuania…read more on TotalTele.com »
  
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• Switzerland sets moderate reserve price for Jan 5G auction

  06-07-2018 02:00
  Switzerland plans to auction off spectrum for 5G mobile services in January 2019, setting a moderate overall base price of around €189 million.Frequencies are available in the 700 MHz, 1400 MHz, 2600 MHz and 3.5 GHz bands (see chart) and companies that wish to bid for them have until 5 October to submit applications to the Federal Office of Communications (OFCOM)…read more on TotalTele.com »
  
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• Poland kicks off 5G process

  06-07-2018 02:00
  Poland's telecom regulator has begun the 5G licensing process by opening a consultation into the possible use of the various available spectrum bands…read more on TotalTele.com »
  
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• MTS says 5G 'nearly ready' after St Petersburg demo

  06-07-2018 02:00
  MTS carried out a series of demonstrations of its 5G capabilities this week, working with vendor partner Samsung.The Russian telco showed off HD voice calling, video gaming and 4K video streaming over 5G at an event at the Popov Central Museum of Radio Communications…read more on TotalTele.com »
  
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• It's all kicking off in St Petersburg

  06-07-2018 02:00
  Go on, admit it, you thought this piece was going to be about football, didn't you? With England fans getting a taste of what it's like to be Brazilian (well, it's hot and we're still in the World Cup…although how long either of those things will last is anyone's guess) and your substitute editor typing furiously before the first quarter-final match kicks off, this had a footy column written all over it…read more on TotalTele.com »
  
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• Globe separates towers business ahead of sale

  06-07-2018 02:00
  Globe Telecom on Friday announced that it has begin the process of separating out its towers business ahead of a full or partial sale.The Philippines operator said that the move will enable it to go ahead with the spin…read more on TotalTele.com »
  
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