Displaying items by tag: business

Deputy head of Moscow’s IT Department, Alexander Gorbatko, said at the Moscow Ubran Forum that a 5G demo center for testing promising technologies and city services will be set up in the city. The center will be accessible for both Russian and foreign companies.

Published in Infrastructure

Apple’s South Korea unit has proposed a settlement agreement with the country’ antitrust regulator, the Fair Trade Commission (FTC).

Published in Telecom Vendors

Huawei files lawsuit in bid to overturn US ban

Written on Wednesday, 29 May 2019 14:21

Chinese telecommunications conglomerate Huawei has stepped up its legal battle in the United States by filing a lawsuit which is requesting that a US court overturn a federal ban that has been imposed on the company.

Published in Telecom Vendors

SoftBank loses $16bn following Uber IPO

Written on Wednesday, 15 May 2019 09:39

The market value of SoftBank Group, Uber’s biggest stakeholder, has decreased by $16 billion following Uber’s disappointing initial public offering.

Published in Finance

Vodafone announces 7.6bn euro annual loss

Written on Wednesday, 15 May 2019 09:17

Vodafone, the British Telecom giant, announced Tuesday its losses for the fiscal year which ended in March 2019 of 7.6 billion Euros ($ 8.5 billion).

Published in Telecom Operators

Spotify recently made an official complaint against Apple to the European Commission, accusing it of anti-competitive behavior and their complaints have now warranted an investigation.

Published in Apps

UAE cabinet unveils 10-year AI strategy

Written on Tuesday, 23 April 2019 11:40

The UAE has adopted a new national AI strategy in the hopes of establishing a brand of artificial intelligence within the nation.

Published in Government

US electronics behemoth Intel has made the decision to withdraw from the 5G smartphone modem business following the unlikely resolution agreement that was brokered between Qualcomm and Apple.

Apple and Qualcomm managed to settle the dispute between both parties over royalty payments and reached a deal ahead of fresh court case that was set to get underway in San Diego next week.

The modems that connect smartphones to telecommunications networks were at the heart of the battle between Apple and Qualcomm. Following the announcement the dispute had been resolved Intel wasted no time in exiting the 5G smartphone modem business.

Intel had clearly recognized and identified that there was an opportunity for them to capitalize on the dispute between Apple and Qualcomm, and then Apple had turned to Intel before reaching the agreement with Qualcomm.

The lawsuit was expected to be a protracted legal battle, but after the unlikely resolution it’s expected that Apple and Qualcomm will now become partners again before there fall out in 2017.

Intel issued a statement in which it indicated that it would complete an assessment of the opportunities for 4G and 5G modems in PCs, Internet of Things devices and other data-centric devices while pursuing investment opportunities in its 5G network infrastructure business.

CEO Bob Swan insisted that 5G will remain a key focus for the US electronics conglomerate and said its diverse portfolio of products will help them to become a major player in the 5G space.

Swan said, “5G continues to be a strategic priority across Intel, and our team has developed a valuable portfolio of wireless products and intellectual property. We are assessing our options to realize the value we have created, including the opportunities in a wide variety of data-centric platforms and devices in a 5G world."

The company also added that it would meet commitments to customers for its existing 4G smartphone modem product line, though it has no plans to launch 5G smartphone modem products, including those previously set to premiere in 2020 

Currently under deployment, ultra-fast 5G wireless networks require terminals that are equipped with 5G models and specific network infrastructure.

Published in Devices

War of words between Spotify and Apple escalates

Written on Sunday, 17 March 2019 12:53

Spotify has filed a complaint against Apple to the European Commission. Spotify claims that Apple gives itself an “unfair advantage at every turn” as it takes a 30 per cent cut of digital goods sold via iOS apps.

Published in Apps

Manx Telecom accepts £255m acquisition cash offer

Written on Thursday, 14 March 2019 10:57

Manx Telecom has announced that it has received a takeover offer worth £255m pounds from Basalt Infrastructure Partners LLP.

Published in Telecom Operators
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