Telecom news

• Danske Bank shuts MobilePay in Norway, holds talks with Vipps

  11-10-2017 12:41 via feedproxy.google.com
  (Telecompaper) Danske Bank said it is shutting down MobilePay in Norway and is negotiating a distribution agreement with rival Vipps, which was spun off by DNB (formerly Den norske Bank) earlier this year. Rival bank Nordea Norway announced separately that it has joined forces with Vipps.
  
  Read more

• Certus Solutions Wins Prestigious Oracle Excellence Award for Specialized Partner of the Year - HCM Cloud EMEA

  11-10-2017 12:03
  Oracle has recognised Certus Solutions with its 2017 Oracle Excellence Award for Specialized Partner of the Year - HCM Cloud EMEA. Certus is a platinum level member of Oracle PartnerNetwork (OPN).The Oracle Excellence Awards for Specialized Partner of the Year - EMEA encourages innovation by Oracle PartnerNetwork (OPN) members, who use Oracle’s products and technology to create value for customers and generate new business potential. This award reflects Certus’ innovation and commitm
  
  Read more

• HUBER+SUHNER to highlight latest developments in RF energy technology at SmarterWorld RF Energy Summit

  11-10-2017 11:49
  Erding, Germany. 11 October 2017 – HUBER+SUHNER, leading international manufacturer of components and systems for optical and electrical connectivity, is set to highlight the latest developments in RF energy technology at the SmarterWorld RF Energy Summit, taking place October 17 in Erding, Germany.At the Summit, attendees will learn about the latest developments of solid state RF energy technology, which promises to change the landscape of many commercial applications such as microwave ov
  
  Read more

• Airtel Ghana MD resigns ahead of merger with Tigo

  11-10-2017 11:23 via feedproxy.google.com
  (Telecompaper) Airtel Ghana CEO Lucy Quist has announced her departure from the telecommunications company ahead of Airtel's merger with Tigo, Myjoyonline reported. In her Facebook post, Quist announced that the time was right for her to move on to the next chapter. Quist joined Airtel Ghana in 2014 as the first Ghanaian female CEO of a major multinational telecom company. 
  
  Read more

• Advertisement

• LG Electronics posts Q3 sales up 15%, higher operating profit

  11-10-2017 10:07 via feedproxy.google.com
  (Telecompaper) LG Electronics reported higher third-quarter results in its preliminary report. Revenues are expected to grow 15.2 percent year-on-year and 4.6 percent quarter-on-quarter at nearly KRW 15.22 trillion, and the operating profit is expected to jump 82.2 percent year-on-year to KRW 516.1 billion. However, quarter-on-quarter, operating income is expected to plunge 22.3 percent from 664 billion in the second quarter of 2017.
  
  Read more

• Thingstream and Bright Wolf deliver world’s first globally connected IoT button solution

  11-10-2017 10:01
  IoT connectivity provider Thingstream and IoT integration expert Bright Wolf have launched the world’s first end-to-end IoT button solution.Connecting exclusively to Thingstream’s Global Connectivity Network via GSM technology, the buttons, which are a little bigger than a USB stick, pass small payloads of information securely to Bright Wolf’s ZipLine, a unique, instant-on visual IoT data management application.Bright Wolf’s ZipLine provides a visual interface for adding
  
  Read more

• Alibaba to double R&D spending to USD 15 bln, with eye towards 'moonshot' projects

  11-10-2017 09:16 via feedproxy.google.com
  (Telecompaper) Alibaba said it will be doubling its R&D spend over the coming three years to USD 15 billion in order to develop next-generation technology and explore moonshot projects aimed at upending industries, Bloomberg reported. Alibaba plans to set up seven research labs and hire 100 scientists around the world to push further into artificial intelligence, the Internet of Things and quantum computing, the company said in an emailed statement. Specific fields include machine learn
  
  Read more

• Dell unveils new USD 1 bln IoT division

  11-10-2017 08:35 via feedproxy.google.com
  (Telecompaper) Dell Technologies has announced a new Internet of Things (IoT) division designed to integrate existing products and tools across the company and develop new Internet-connected devices and software. To that end, the company revealed plans to spend USD 1 billion on IoT-focused research and development over the next three years. The new division will be led by VMware CTO Ray O'Farrell, and is tasked with orchestrating the development of IoT products and services across the Dell Techn
  
  Read more

• Advertisement

• Zain sells Kuwait towers for $165 million

  11-10-2017 02:00
  Zain has agreed to sell its telecoms towers portfolio in Kuwait to infrastructure specialists IHS Holding and Towershare Management for US$165 million (€140 million).The deal will create a new towers business in Kuwait…read more on TotalTele.com »
  
  Read more

• European telcos 'ready' for 5G, but financial questions remain

  11-10-2017 02:00
  European telecoms operators are pushing ahead with preparations for fifth-generation mobile services, with some even claiming ot be ready to go, but there are some thorny issues regarding the monetisation of 5G, and the generatons that went before it, to be tackled first."We are ready for 5G," Alexandre Fonseca, chief technology officer at Portugal Telecom, declared at the opening session of Total Telecom's Connected Europe event in Lisbon on Wednesday…read more on TotalTele.com »
  
  Read more

• Bharti, investment firms working on $11bn towers deal

  11-10-2017 02:00
  Bharti Airtel and a consortium of global investment funds are working on a takeover deal for the former's towers assets that will value the business at US$11 billion (€9.3 billion), according to Indian press reports on Wednesday.On completion of the multi-stage deal, a group led by U…read more on TotalTele.com »
  
  Read more

Follow @Telecom_NewsUS on Twitter!