Tuesday , 19 June 2018
Breaking News


Twitter seeks takeover deal by end-Oct – report

Twitter has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on 27 October, people familiar with the matter told Reuters.   The timeline is ambitious, given that Twitter began mulling a sale only last month. Binding takeover bids are due in the next two weeks, and Twitter has already ... Read More »

Fujitsu in talks to combine PC business with Lenovo

Fujitsu is considering merging its PC business with Lenovo, the world’s biggest PC manufacturer, a source familiar with the matter told news agency Kyodo. Lenovo is likely to invest in the PC business the Japanese electronics maker spun off earlier this year, the source said. If the investment is realized, Lenovo will probably take a majority stake, the source added.  ... Read More »

Orange unveils fibre bundles featuring Canal+ TV channels

Orange announced the launch of a new range of fibre packages, which in addition to the existing services include access to 46 Canal Plus TV channels, bundled under the name of ‘Famille by Canal’. Available from 6 October, the entry-level Zen package will be marketed with a promotional price of EUR 29.99 per month for the first year (plus EUR ... Read More »

TalkTalk fined for failure to prevent cyber attack

TalkTalk has received a fine of GBP 400,000 for failing to prevent the cyber attack on its systems last October. The UK Information Commissioner’s in-depth investigation found that the attack on the company could have been prevented if TalkTalk had taken basic steps to protect customers’ information.  The attack took advantage of technical weaknesses in TalkTalk’s systems, allowing access to ... Read More »

T-Mobile US sets smartphone sales record with iPhone 7

T-Mobile US announced a new sales record for the iPhone 7 and 7 Plus, saying the first day of pre-orders represented the biggest single-day sales of any smartphone ever offered by the mobile operator. Pre-orders started 09 September and in the first four days were nearly four times more than the next most popular iPhone. Even before the first pre-order ... Read More »

HKBN launches mobile services, focuses on quad-play

Hong Kong fibre network operator HKBN has launched mobile services. HKBN’s mobile tariff plans will be available for a starting price of HKD 88 per month. Discounts will be available for customers who bundle the operator’s mobile services with its fixed-line offers, HKBN said. HKBN will offer quad-play bundle plans, enabling customers to access mobile services, fibre broadband, OTT entertainment ... Read More »

Vodafone acquires MVNO Lebara's Australian business

Vodafone Australia is purchasing MVNO Lebara’s Australian mobile business assets, including its customer base and the right to use the Lebara brand in Australia. No financial details of the takeover were disclosed. Lebara launched in Australia in 2009 and uses the Vodafone network, including 4G access since June. This should help make the transition “seamless” for customers, said Vodafone chief strategy ... Read More »

DT, Huawei hit 1.2 Gbps in test of 4x4MIMO, 5-CA

Deutsche Telekom and Huawei have passed the 1 gigabit speed barrier for mobile data transfers in the LTE network, reaching over 1.22 Gbps via mobile radio during a live demonstration in Berlin. To achieve the speeds, the companies deployed a technology mix of four sending and receiving channels (4x4MIMO) and five carrier frequencies for the first time. The companies used ... Read More »

Samsung chairman's son joins board

Samsung Electronics announced the appointment of Jay Y. Lee to its board of directors. Lee is the son of Samsung Chairman Kun-Hee Lee, who was hospitalised two years ago following a heart attack. He is considered the likely successor as head of the Korean group and already serves as vice chairman. Samsung Electronics said that “the time is now right ... Read More »

Telenor starts selling Vimpelcom shares

Telenor said that it has commenced a public offering in the US of 142.5 million of its Vimpelcom American Depository Shares (ADS). Telenor currently owns approximately 580 million ADS, or 33 percent of Vimpelcom’s total outstanding common shares. This transaction represents 24.5 percent of Telenor’s holding, or 8.1 percent of Vimpelcom’s outstanding shares. At Vimpelcom’s last closing share price of ... Read More »