The Kingdom of Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) and Huawei, a leading global ICT solutions provider, have signed a Memorandum of Understanding (MoU) to enable the national cadre in ICT and promote innovation and entrepreneurship in the sector to push the growth and development of the kingdom, and achieve the goals of Saudi Vision 2030 and the National Transformation Plan 2020.
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South Korean telecom company SK Telecom (SKT) has issued US$500 million worth of five-year private loans at a coupon rate of 3.75 percent, the company said, in a bid to secure enough capital in time for an unstable world economy and brace for future interest rate hikes.
Vodafone New Zealand has rejected the charges that have been filed against them by the country’s regulator. The Commerce Commission has alleged that the telecommunications colossus had engaged in ‘false and misleading conduct’ in relation to its FibreX broadband service.
At the 4G/5G International Conference 2018 in Hanoi on April 6, Huawei outlined the path to a 5G Era for Vietnam. Speaking at the conference on “Paving the Way for 5G in Vietnam”, Dr. Mohamed Madkour, Vice President of Huawei Global Wireless Network Marketing, highlighted the value that 5G will bring to Vietnam in terms of enhancing people’s lives, improving businesses and driving economic growth.
A comprehensive study released by CTIA, a US-based industry association of wireless carriers - has claimed that China remains ahead of South Korea in the race to develop and subsequently deploy 5G networks.
Nokia announced that China Mobile ranked it number 1 in a central bid to supply equipment for its regional optical transport network, with deployment of the new network having already started.
Chinese telecommunications giant ZTE has halted trading of its shares in both the Hong Kong and Shenzhen stock exchanges in response to the ban imposed on the purchase of its sensitive technology by the United States.
Some of India’s most prominent telecommunication operators have been forced to launch investment initiatives in a bid to offset debts and losses as a result of the price war that has engulfed the industry in the country.
UAE telecom provider Etisalat, along with Singapore-based telecom operator Singtel, Japan-based SoftBank and Spanish telecom giant Telefónica have signed an agreement to create the first Global Telco Security Alliance to offer enterprises a comprehensive portfolio of cyber security services.
Thailand’s National Broadcasting and Telecommunications Commission (NBTC) have backtracked on a decision to split the 1800-MHz spectrum that was planned to be reallocated in an auction into nine 10-MHz blocks. Instead, the regulator plans to auction the spectrum in three 30-MHz lots, according to the Bangkok Post.