ORDS– has announced its plans to proceed with a listing of Ooredoo Maldives shares on the Maldives Stock Exchange on 30 April 2017, and it will offer 40% of the company shares for subscription.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, posted a 27.8% rise in first-quarter profit as the company increased sales of carrier network solutions and smartphones.
South Korea’s SK Telecom announced that it signed a Memorandum of Understanding (MOU) with Bluebell Korea to cooperate for the development of new business opportunities by bringing cutting-edge ICT to the luxury retail industry.
In line with the Qatari government’s National Vision Strategy 2030, Global ICT leader Huawei shared its vision for future cities during the Arab Future Cities Summit Qatar that was held in Doha on April 11 – 12, 2017.
In a significant regulatory milestone, the Army Corps of Engineers (ACE) has announced its approval of the last remaining major permit needed to begin deployment of Docomo Pacific, Inc’s ATISA submarine fiber-optic cable system.
Japanese multinational conglomerate Toshiba has warned that its very survival is at risk – as the organization moves from one crisis to another. The company finally released its delayed financial results after they were initially delayed twice – and the report makes for grim reading with Toshiba recording a loss of ($4.8bn) for April to December. However, it has been further disclosed that the results have not been approved by the firm’s auditors.
Californian tech giant Apple is set to launch an App Accelerator in Bangalore, India, to provide more support to Indian developers and assist them in transforming the design performance of their apps on Apple’s mobile operating system iOS.
For the first time in its history, Zain Saudi Arabia recorded profit in the first quarter of the year of 45 million riyals compared to a loss of 250 million riyals during the same period last year. The company’s profits came contrary to expectations that indicated a loss of about 97 million riyals.
Huawei and China Telecom will be leading a new industry working group aiming to explore the use of artificial intelligence (AI) in the deployment and optimization of telecommunications networks.
Nokia and the University of Technology Sydney (UTS) have signed a Memorandum of Understanding (MoU) under which Nokia will join the university's UTS: Rapido, a new technology development unit, and collaborate on developing IoT-based business applications using high-speed, ultra-low latency technologies such as 5G.