In The Spotlight
Norwegian telecom group Telenor's operator subsidiary in Thailand, Total Access Communication PLC (dtac), announced that its CEO Lars-Åke Norling has decided to leave the company to pursue new opportunities. The news came after dtac faced a major setback when it was announced that a much anticipated spectrum auction was delayed again.
Ant Financial, the parent company of Chinese mobile payment platform Alipay, has reached an agreement to invest US$184.5 million for a 45 percent stake in Norwegian telecom group Telenor subsidiary Telenor Microfinance Bank (TMB) in Pakistan, to further develop TMB’s mobile payment and digital financial services in the country.
United States President Donald Trump issued a Presidential Order on 12 March blocking semiconductor company Broadcom from acquiring chipset maker Qualcomm for $117 billion. Under the terms of the order released by the White House, all of Broadcom’s director nominees are disqualified from standing for election as directors of Qualcomm.
Chinese ICT solutions provider Huawei announced the initiation of its "Slice Mall" innovation project, based on the concept of "slicing as a service and as a commodity." This global project aims at accelerating the commercialization of 5G slicing and helping carriers achieve business success in a range of vertical industries.
The Australian government plans to auction off 125MHz of spectrum in the 3.5GHz band in October this year for use in 5G implementation across urban and regional areas of the country. Australia’s telecom regulator, the ACMA, will determine the terms of the auction based on its recommendations and those of the public.
Vodafone Group CEO Vittorio Colao has praised the Indian TRA for its progressive approach towards spectrum caps in the country - and has predicted rapid network expansion when the government applies the new spectrum measures which are still to be finalized.
China’s telecommunications trio of China Mobile, China Telecom and China Unicom has formally announced that they have surpassed the 1bn 4G subscriber mark. The historic milestone was reached in December 2017, following an increase of almost 25 million LTE subs in that month alone.
Singapore’s Infocomm Media Development Authority (IMDA) launched a public consultation to seek views on its proposed framework for the Telecommunication and Subscription TV Mediation-Adjudication Scheme which aims to introduce an alternative dispute resolution scheme for telecommunication and media services.