Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group’s 51% share of Digital Money Myanmar Limited (“Wave Money”) for USD 53 million to Yoma MFS Holdings Pte. Ltd, a subsidiary of Yoma Strategic.
According to data issued by the Telecom Regulatory Authority of India (TRAI), total wireless subscribers reached 1,166.30 million at the end of October 2021, with the urban areas accounting for 637.44 million and rural areas totalling 528.86 million.
South Korea’s Ministry of Science & ICT said that it will be launching an auction to award mobile carriers additional 5G spectrum next month. The winning carrier is required to install more than 150,000 5G base stations by 2025, as part of the government’s plan to deploy 5G nationwide.
Trace Media International, mother company for Telecom Review Group, a leading global media platform for the ICT industry, achieved a major milestone by joining the International Telecommunication Union, (ITU) as a prestigious ITU-T associate.
The 3GPP RAN Plenary has rolled out the standardization work of U6G (upper 6G, 6425–7125 MHz) as a new IMT licensed frequency band, and planned to complete in 2022. This marks a milestone in the industrialization of 6GHz.
Australia, Japan and the US have announced a partnership to work with the Federated States of Micronesia (FSM), Kiribati, and Nauru to improve internet connectivity to the three Pacific nations through a new undersea cable.
ZTE Corporation announced it has shipped more than 400 million customer premises equipment (CPE) devices by November 2021.
Global leading ICT provider Huawei today hosted the closing ceremony for Seeds for the Future, its flagship global CSR program which aims to engage and inspire local ICT talents through a study trip to China, and bridge communication between countries and cultures, as well as address the digital talent gap in Singapore.
China’s telecom sector recorded a strong 8.1% year-on-year growth in the first 11 months of this year.
Malaysia will finalize plans to pursue a single wholesale 5G network by January.