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BT
Telecom

CK Hutchison and Ooredoo Group to merge Indonesian telecom units for $6 Billion

The Qatari multinational telecommunications company Ooredoo Group and multinational conglomerate CK Hutchison to merge their Indonesian Businesses to Create a New World-Class Digital Telco for Indonesia. Both the companies has announced the signing of definitive transaction agreements for the proposed merger of their respective telecommunications businesses in Indonesia, The merged company will be named PT […]

Shyam Dev1 min read
BT
Telecom

Rakuten Group to Acquire wireless software Innovator Altiostar

The Japanese innovation company Rakuten Group to acquire wireless software Innovator Altiostar for more than $1 billion. Both the companies will partner to accelerate deployment of software-centric, virtualised services for the mobile industry across the globe. Altiostar’s 4G and 5G open virtual Radio Access Network (Open vRAN) solutions are speeding up the telecommunications industry’s ideal […]

Shyam Dev2 min read
BT
Telecom

Elon Musk set to invest $30 billion to keep Starlink in orbit

The Billionaire Elon Musk all set to invest $30 billion to keep Starlink in orbit. It is currently operating in about a dozen countries and has just over 69,000 active users. The Tesla Inc CEO and founder of SpaceX, a rocket ship venture that seeks to colonise Mars, said investment costs before Starlink achieves fully […]

Shyam Dev2 min read
BT
Telecom

Telenor Axiata and Digi sign merger agreements of Celcom and Digi

The Teleco companies Telenor , Axiata and Digi sign merger agreements of Celcom and Digi brand which will serve 19 million customers. Axiata and Telenor will be equal partners with 33.1 percent ownership stake each in MergeCo, and MergeCo will continue to be listed on Bursa Malaysia Securities Berhad (“Bursa”). Targeted to be among the […]

Shyam Dev2 min read
BT
Telecom

Vodafone clubs with Samsung Dell and others for open RAN development

The telecom giant Vodafone clubs with Samsung, Dell, NEC, Wind River, Capgemini Engineering and Keysight Technologies for open RAN (Open Radio Access Network) development in Europe. Vodafone believes that the move will spark other large-scale Open RAN launches and spearhead the next wave of digital transformation across Europe. With a huge support from European Commission […]

Shyam Dev2 min read
BT
Telecom

Altice group buys 12.1% stake worth £2.2 billion in BT Group

The telecom giant Altice group buys 12.1% stake worth £2.2 billion in BT Group to develop into the corporate’s largest stakeholder. Altice UK, In a filing with the London Stock Exchange, said that it had made the investment because it believes BT has a compelling opportunity to deliver one of the U.K. Government’s most important […]

Shyam Dev2 min read
BT
Telecom

Vodafone boosts packages to help small business in Europe

The telecom giant Vodafone has announced to launch packages that will boost small business in Europe. The packages are designed to support small and medium enterprises (SMEs) in Europe, initially the packages will be available in the UK, Spain and Italy with additional markets coming to Europe in the following months. Around 3.65 million European […]

Shyam Dev2 min read
Kakao M
Telecom

Kakao entertainment acquires Radish app for $440 million

The south Korean Kakao entertainment acquires US based Radish app for $440 million. The board of directors and majority of shareholders approved the acquisition. The current move will allow Kakao’s fast-growing global webtoons and web novel business to strengthen and expand its reach in North America and other countries. The American fiction app Radish has […]

Shyam Dev1 min read
BT
Telecom

SpaceX launches 60 Starlink internet satellites into orbit

The American aerospace manufacturer and space transportation services company SpaceX has launched 60 of its Starlink internet satellites into orbit. The satellites were launched from Complex 39A (LC-39A) at Kennedy Space Center in Florida. This was the ninth launch and landing of this Falcon 9 first stage booster, which previously launched Telstar 18 VANTAGE, Iridium-8, […]

Shyam Dev2 min read
Google Cloud
Telecom

Google Cloud and Vodafone to develop global data platform

The British multinational telecommunications company Vodafone and the internet giant Google Cloud to develop industry-first global data platform. Both the companies have signed a six-year strategic partnership to build secure and reliable data analytics, insights, and learnings to support new digital products and services for Vodafone customers. In this massive expansion Vodafone and google cloud […]

Shyam Dev2 min read
verizon
Telecom

Verizon to sell Yahoo and AOL to Apollo

The American multinational telecommunications conglomerate Verizon communications Inc, to sell its digital media assets Yahoo and AOL to a private equity firm Apollo Global Management. This is a part of Telecom’s giant, Verizon to exit from its investments from digital media, this deal is could be worth $4billion and $5 billion. In the year 2015 […]

Shyam Dev2 min read