Telecommunications
UK regulator finds Vodafone and Three merger would lead to price rises, seeks remedies for deal
Britain’s competition watchdog on Friday said it found competition concerns with the proposed merger between Vodafone and the Three UK mobile network owned by CK Hutchison. The U.K. Competition and Markets Authority (CMA) said the deal would lead to price increases for tens of millions of customers or see some users get reduced services. The regulator […]
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Apple eyes bigger slice of India’s streaming market with Airtel deal
The Airtel logo is seen displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images Apple‘s tying up with India’s Airtel to offer the telecom firm’s premium customers its music and video streaming services for free, potentially giving the U.S. firm access to thousands of consumers in a price-sensitive market. The move comes as competition tightens in India’s $28-billion entertainment market and […]
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Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015
BARCELONA, SPAIN – FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images) Xavi Torrent | Getty Images News | Getty Images Shares of Finnish telecom firm Nokia tumbled on Thursday after the company reported a 32% […]
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AT&T says hackers stole records of nearly all mobile customers’ calls and texts
Hackers stole 6 months’ worth of simply call and textual content message records of approximately just about every AT&T mobile community purchaser, the organization claimed Friday, a breach that as the possible to expose sensitive data about tens of millions of Us residents. The firm explained in an SEC filing that it uncovered from an interior investigation […]
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Ericsson’s Q2 income slide a more compact-than-predicted 7%
Ericsson introduced it is planning to reduce jobs as element of its expense-slicing steps. Nurphoto | Nurphoto | Getty Pictures Swedish telecom gear maker Ericsson noted a scaled-down-than-expected 7% fall in 2nd-quarter sales on Friday as sluggish desire for 5G gear in most marketplaces was marginally offset by 14% development in North America. Income dropped […]
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U.S. chip curbs in Middle East just ‘business as common,’ Ooredoo CEO claims immediately after Nvidia offer
Jakub Porzyck | Nurphoto | Getty Photographs Qatari telecoms supplier Ooredoo informed CNBC Wednesday that its new tie-up with Nvidia is compliant of all U.S. polices and will however make it possible for it to have obtain to the most up-to-date technologies. Ooredoo previously this week signed a partnership with Nvidia, marking the chipmaker’s first […]
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Tech giants bet next-generation optical networks will reduce AI’s climate impact, aid 6G transition
Fast adoption of e-commerce, online streaming media, and workplace productivity tools — particularly during the Covid pandemic — has massive strain on current-day telecom networks. Nurphoto | Getty Images Some of the world’s largest tech firms are backing a new kind of telecoms network which they say will help reduce overall power consumption of data-hungry […]
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AST SpaceMobile partners with Verizon, adding to AT&T coverage deal for satellite internet to phones
The company’s Block 1 BlueBird satellites undergoing thermal vacuum testing in preparation for launch. AST SpaceMobile Satellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company’s recent deal with AT&T to provide remote coverage across the United States. AST SpaceMobile is building satellites to provide broadband service to unmodified […]
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T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal; U.S. Cellular shares surge
The T-Mobile logo is displayed on a laptop screen and a smartphone, seen in this illustration photo taken in Krakow, Poland, Feb. 22, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s […]
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Nokia joins Ericsson in forecasting more powerful 2nd 50 percent after 1st-quarter earnings overlook
Omar Marques/SOPA Visuals | LightRocket | Getty Illustrations or photos Finnish telecom equipment maker Nokia documented a smaller sized-than-anticipated increase in quarterly income on Thursday as sluggish demand from customers for 5G equipment in critical marketplaces North America and India ongoing to weigh on profits. “This will continue to be a weak year, for the […]
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