Vodafone teams up with KKR and GIP in 16 billion euros towers deal
Vodafone has agreed to sell a major stake in its wireless infrastructure company Vantage Towers to GIP and KKR, creating a joint venture that will release proceeds of at least 3.2 billion euros ($3.2 billion) for the telecoms operator to pay down its debt.
S.Korean Naver’s robotics ambitions challenged by 5G on-the-ground realities
On weekdays, South Korean tech company Naver Corp’s (035420.KS) new headquarters near Seoul resembles a scene straight out of a science-fiction movie, with some 40 robots ambling across floors and delivering parcels and Starbucks coffee to humans.
EXCLUSIVE U.S. approves licenses for Huawei to buy auto chips – sources
U.S. officials have approved license applications worth hundreds of millions of dollars for China’s blacklisted telecom company Huawei to buy chips for its growing auto component business, two people familiar with the matter said.
Orange to launch experimental 5G network amid telecom rush to the cloud
Orange (ORAN.PA) said on Wednesday it will launch an experimental 5G network using a cloud-based open platform and artificial intelligence in July, as the telecom industry rushes to shift services onto the cloud in a bid to cut costs and modernise.
Musk set to tout Starlink progress as cost, demand hurdles linger
Don Joyce, a Nokia director working from home at a remote lake cottage in Canada, recently abandoned his painfully slow phone-line internet in favor of satellite broadband service Starlink, offered by Elon Musk’s SpaceX.
Australia’s top exporting state calls for reset in China ties
Australia’s biggest exporting state on Tuesday urged Canberra to stop antagonising China, the country’s top trade partner, in remarks that came amid escalating criticism of Beijing led by the United States, Australia’s main ally.
Samsung bets on Europe 5G orders to grow network equipment business
Samsung Electronics (005930.KS) is banking on Europe to maintain growth momentum in its network equipment business, a senior executive said, as 5G rollout widens and industry leader Huawei Technologies of China focuses on its domestic market.
Iliad signals weaker cash flow as it steps up 5G spending
Iliad flagged a cut in its free cash flow target for this year as the French telecoms group steps up its spending on 5G networks, sending its shares sharply lower on Tuesday. The company, controlled by billionaire Xavier Niel, said it would announce a new target in September, but did not say how much it […]
Romania approves bill to bar China, Huawei from 5G networks
Romania’s centrist government on Thursday approved a United States-backed bill that effectively bars China and Huawei (HWT.UL) from taking part in development of its 5G network, a member of the IT&C and National Security Committee told Reuters. Europe has emerged as a battleground in the technology ‘Cold War’ playing out between China and Washington and […]
