All three of South Korea's telecommunication operators are expected to move away from its traditional flat-rate pricing system in favor of usage-based tariffs - in an effort to generate the revenue it needs to prepare for the 5G.
Indian telecommunications incumbent Bharti Airtel has completed the acquisition takeover of its rival Telenor India following a lengthy regulatory approval process.
The US and China are reportedly close to agreeing to a deal which will see the draconian sanctions imposed by US officials on Chinese telecommunications vendor ZTE dropped.
The Chinese government has now restarted its protracted review of the proposed acquisition of NXP by US chipmaker Qualcomm. Antitrust regulators were asked to speed up its evaluations of newly proposed remedies to protect Chinese companies according to reports by Bloomberg.
The US Commerce Secretary has officially confirmed that it is seeking alternative solutions to the draconian sanctions it has imposed on Chinese telecommunications vendor ZTE. The sanctions have forced the Chinese telecoms colossus to suspend all of its major operations which now puts the company on the brink of collapse.
China Telecom Global (CTG), a subsidiary of China Telecom Corporation Limited - one of the world's largest providers of integrated telecommunication services, and Liquid Telecom, a leading pan-African telecoms group, announced the signing of a historic strategic partnership whereby the two companies will collaborate to provide Africa and Asia with industry-leading network solutions and services.
Australian telecommunications incumbent Telstra has been subjected to fierce criticism from its customers following more issues with its 4G network services. The operator has suffered two network outages in the last month which has been met with much frustration from its customer base.
Japanese telecommunications giant SoftBank has announced an increase in its annual operating profit. Fiscal industry analysts have attributed the surge in its annual revenue to the increasing value of its Vision Fund and its robust performances from its telecoms units.
US President Donald Trump has angrily rejected claims that it has given in to Chinese demands over the ban imposed on telecommunications vendor ZTE. The US Commerce Department imposed a seven-year ban on ZTE exporting US technology after it claimed that the company had failed to take the appropriate action against employees that where responsible for trade violations in both Iran and North Korea.
Chinese telecommunications vendor ZTE has announced that it has been forced to suspend its major operating activities following the ban imposed by the US government. However, in a statement released by the company, ZTE did state that it was working tirelessly to find a resolution to the issue.
