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Nagra, a Swiss provider of content protection and multiscreen television technologies and research and strategy consultancy MTM have released the results of a survey of the Asia Pacific pay TV market, saying it is highly fragmented with a large 'innovation gap' between advanced and emerging markets.

Read more: Asia Pacific pay TV market: mind the gap!

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has warned of a widening digital divide between high-income and low-income countries in Asia, saying that fixed broadband penetration is only about two percent in 20 Asian countries.

Read more: UN says Asian fixed broadband disparity 'alarming'

A consortium of global investment firms has pumped $550m into 18 month old Indonesian mobile platform GO-JEK. The consortium includes KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets, existing shareholders and other international investors. Previous investors include Sequoia India, Northstar Group, DST Global, NSI Ventures, Rakuten Ventures and Formation Group.

Read more: Indonesian mobile platform GO-JEK gets $550m boost

Hans Vestberg President and CEO and member of the Board of Directors of Ericsson

Ericsson's Board of Directors today announced that Hans Vestberg steps down as President and CEO and member of the Board of Directors of Ericsson with immediate effect. Jan Frykhammar, executive vice president and CFO, will assume the CEO position until a new CEO is in office.

Read more: Ericsson's Vestberg steps down

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