South Korean telecommunications colossus SK Telecom (SKT) has partnered with Australian-based investment bank Macquarie Group to acquire security company ADT caps for a fee reported to be worth $1.17 billion.
Industry News
Korean operator highlights issues with pre-standard 5G at Winter Olympics
ExpiredSouth Korean telecommunications colossus Korea Telecom (KT) has highlighted some of the issues it experienced from its deployment of pre-standard 5G during the Winter Olympics which were in held in the country in February.
PCCW Global and Colt collaborate on blockchain trial
ExpiredPCCW Global, the international operating division of HKT, Hong Kong's premier telecommunications service provider, and Colt Technology Services have further progressed their blockchain Proof of Concept (PoC). Additional members of the ITW Global Leaders' Forum (GLF) are also getting involved in the initiative.
Chinese vendor partners with AICTO in bid to accelerate digital transformation
ExpiredThe Arab ICT Organization is pleased to announce the membership of Huawei among its associate members. The official signature of the adhesion was celebrated on the occasion of the 14th edition of AICTO General Assembly held in Tunis, on the 12th of April 2018.
Chinese vendor's hyper-converged infrastructure ranked No.1 in China
ExpiredHuawei's FusionCube ranked No. 1 in the China Hyperconverged Infrastructure Market Overview 4Q17 released by IDC thanks to its leading technology power and strong market performance, which is underpinned by an over 200% year-on-year growth rate of market share.
Huawei denies reports it is developing its own mobile platform
ExpiredChinese telecommunications vendor Huawei has rejected claims that it is planning to develop its own mobile platform in an effort to curtail its reliance on Google’s Android operating system (OS) – declaring that it has no such attention to develop its own operating system in the foreseeable future.
Banned! Pentagon bans military from using Huawei and ZTE smartphones
ExpiredThe escalating tensions between China and the US show no signs of abating following the decision by Pentagon officials to ban the use of Huawei and ZTE smartphones by US army personnel at military bases. The US has launched an incessant offensive against both Chinese vendors in the last number of months.
Qualcomm and NXP withdraw and refile application for Chinese regulatory approval
ExpiredQualcomm Incorporated announced that Qualcomm and NXP Semiconductors (NXPI) at the request of the Ministry of Commerce in China (MOFCOM) have withdrawn and refiled the notice of acquisition regarding the companies’ planned combination.
China pleads with US to reconsider ZTE ban
ExpiredChina has reportedly urged the US to reconsider its ban on telecommunications vendor ZTE during crunch trade talks between the global superpowers in Beijing. The US has imposed a seven year ban on American companies from selling services and equipment to the Chinese vendor after it claimed ZTE had failed to comply with its trade rules.
Indian merger creates second largest mobile mast company in the world
ExpiredA merger agreement between a subsidiary owned by India telecommunications colossus Bharti Airtel and Indus Towers has created the world’s second largest mobile mast firm.