Chinese state-owned telecom company China Unicom, formally known as China United Network Communications Group, is to receive about $12 billion investment from Chinese tech firms Baidu and JD.com in a move to boost the telco lagging behind its rivals China Mobile and China Telecom, a source told Business Insider.
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The Indian government has formally announced its strategy for the implementation of 5G technology, and has claimed that it could lead global subscriptions of the revolutionary technology along with North America by 2022.
Asia Pacific OTT (over-the-top) revenues from TV episodes and movies on platforms such as Netflix will reach $24.41 billion by 2022, according to Digital TV Research, which is triple the $8.27 billion recorded in 2016. The total will increase by nearly $3 billion in 2017 alone, the report says.
France’s regulatory body has expressed its confidence that operators will be in a position to launch 5G services next year, as it formally announced its plans to auction off spectrum for the next-generation technology that is set to revolutionize the world as we know it.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, together with China Mobile and Qualcomm, announced that they have demonstrated a Pre5G gigabit rate solution in time division-long term evolution (TD-LTE) commercial network in Quanzhou, Fujian.
Investment by a series of Chinese vendors has resulted in strong growth in the Indonesian smartphone market. Chinese smartphone manufacturers have expanded sharply in the region in the last twelve months, but that strategy resulted in dramatic decline in market share for local manufacturers.
Japan’s SoftBank announced that it has entered into a definitive agreement of investment in Energy IoT Platformer, ENCORED INC. (“Encored”). On August 1, the corporate name will change from ENCORED INC. to Encored Japan Inc. (“Encored Japan”). SoftBank will also invest in Encored USA.
The CEO of Western Digital Corp is set to meet a number of prominent officials from the Japanese government in the latest attempt to resolve the long-running feud with Toshiba Corp over the sale of its lucrative chip business. CEO of Western Digital, Steve Milligan confirmed that he will meet Japanese representatives that have been recently appointed to senior positions in the Ministry of Economy, Trade and Industry (METI).
Hong Kong’s director general of communications, Eliza Lee Man-Ching has responded to scathing criticism over the government’s policy approach to 5G spectrum allocation from its largest operator HKT.
Russian messaging service Telegram has declared it will block terrorist-related channels after Indonesia’s government threatened to completely block the service expressing concerns that the app had become a breeding ground for terrorist content sharing.