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.

Read more: Alipay parent invests $184m to develop mobile payment in Pakistan

Chinese multinational telecommunications vendor ZTE which is a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet has partnered with market research firm IDC to jointly issue an "Expediting AI for Operations in the Networks of Future" white paper.

Read more: ZTE partners with IDC to examine the role of AI in future 5G networks

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.  

Read more: US President blocks Broadcom’s bid to acquire Qualcomm

Chinese multinational telecommunicator vendor ZTE and velcom, the Belarusian telecommunication operator have deploed the first commericial 5G-ready virtual core network in Belarus. Due to superior technical results, the project is one of the shortlisted nominees for the Best Network Software Breakthrough award of the Mobile World Congress Barcelona 2018 (MWC).

Read more: ZTE and Belarussian operator deploy world’s first 5G-ready network

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.

Read more: Huawei launches innovation project to accelerate 5G slicing commercialization

Chinese multinational telecommunications vendor Huawei has announced that it has penned 5G MoUs with 45 operators which spans across three continents - Asia, Europe and North America. Huawei’s rotating CEO Ken Hu made the confirmation during Mobile World Congress 2018 in Barcelona. In addition to this Hu also revealed that the Chinese vendor is already conducting pre-commercial trials with 30 mobile players.

Read more: Huawei confirms it has signed 5G-MoUs with 45 operators

More Articles ...