Oi puts $2.8bn price tag on its mobile business
Brazilian converged telco Oi has said it will be moving forward with the sale of its mobile business unit, listening to offers which exceed 15 billion Brazilian Real ($2.8 billion).
Brazilian converged telco Oi has said it will be moving forward with the sale of its mobile business unit, listening to offers which exceed 15 billion Brazilian Real ($2.8 billion).
Whether it’s important, depressing or just entertaining, the telecoms industry is always one which attracts attention.
As if things weren’t dystopian enough these days, BT is teaming up with a couple of satellite companies to get involved in the Skynet defence system.
A rural village in East Wales’ Wye Valley has become the first to receive mobile coverage via the UK Government’s £1 billion Shared Rural Network (SRN) scheme.
With 5G euphoria reaching fever pitch at times, the on-going importance of 4G networks is often overlooked.
Japanese telecoms operator Softbank has confirmed it is exploring options to offload its stake in T-Mobile US as COVID-19 weighs very heavily on other investments.
The US Ambassador to Brazil has confirmed talks between the two nations for 5G financing under the condition that Huawei is excluded from networks.
Mukesh Ambani is proving to be one of the most popular figures in the telco world as two more investors have bought into the Reliance Jio mission to digitise India.
It is increasingly becoming an ‘us or them’ situation, with tit-for-tat policies creating a fragmented ecosystem; an eye for an eye makes the whole world blind and no-one wins.
Despite pleas from politicians, FCC Chairman Ajit Pai has refused to slowdown the 5G machine as a Declaratory Ruling slashes the red tape clogging the gears.
The digital divide is a problem which has plagued the US for years, though this latest initiative seems to be a more reasonable compromise between bureaucratic guidance and industry smarts.
The Telefonica Group is one business which has been under the pressure of debt for years, though it has chipped off another sizeable chunk by selling German towers to its subsidiary Telxius.
The majority of the telecoms industry is attempting to avoid the mudslinging between the US and China, but OpenRAN firm Parallel Wireless has charged in headfirst.
Running through various newspapers as full-page adverts, Huawei has written an open letter to validate its position in the UK, but that is unlikely to be enough to remove the ‘high risk vendor’ label.
Reliance Industries founder Mukesh Ambani has found yet another private investor for Jio Platforms, selling 1.16% for $750 million to the Abu Dhabi Investment Authority (ADIA).
Reliance Industries have found a fifth investor to purchase a handsome stake in Jio Platforms, its digital business unit, with Mubadala signing a $1.2 billion cheque for 1.85%.
The strange big tech arms race in the Indian telecoms sector looks set to escalate further if Amazon buys a major stake in Bharti Airtel.
Smartphone shipments have been slashed across the industry during the first three months of 2020, though Xiaomi managed to post some year-on-year growth.
Roaming traffic might be down substantially, but industry association i3Forum is reporting a surge in the number and duration of international calls.
KKR, Cinven and Providence have combined forces to buy Spanish telco MasMovil, but with depressed share prices and regulatory opinions shifting, it could just be the first corporate transaction.
Nokia share price jumps 13% on improved 5G prospects https://t.co/3ZvUqIiZRP #Corporate #5G
31 July 2020 @ 09:42:02 UTC
Telegram adds another antitrust complaint for Apple to ponder https://t.co/1VqReJIgxn #CloudApps #ContentApplications
30 July 2020 @ 15:49:02 UTC
Huawei saga enters Brazil as US starts posturing https://t.co/tmZk7h3VC8 #5G #Brazil
30 July 2020 @ 14:57:32 UTC
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