Mobile Sector Adds $5.2 Trillion to Global Economy
Mobile technologies and services generated 5% of global GDP, a contribution that amounted to $5.2 trillion of economic value added. The greatest benefits came from productivity effects, which reached $3.5 trillion, followed by mobile operators, which generated $650 billion.
Scotland’s digital technologies body focuses on eLearning
Commissioned from, and written by, Wendy Edie, Managing Director of Scotland’s leading digital learning and assessment developer, eCom Scotland, the White Paper advocates deploying technology-delivered learning to bring sustainability and help drive government and corporate agendas regarding upskilling, re-skilling and performance support. It argues that, while not every organisation may be ready and eager to apply such technologies as automation and artificial intelligence to its learning and development activities, every organisation needs to consider how digital learning technology can support its teams to deliver continually improving performance.
Huawei to invest $632 mln to build new digital energy HQ in Shenzhen
Huawei Technologies (HWT.UL) will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as the Chinese telecoms giant diversifies amid U.S. pressure.
Orange sees return to core profit growth in 2022
Orange (ORAN.PA), France’s biggest telecoms operator, expects a return to core profit growth in 2022 after lower returns from co-financing deals and high competition in the Spanish market hit earnings last year.
EXCLUSIVE Vodafone teams up with Intel on OpenRAN in challenge to network suppliers
Vodafone (VOD.L) has teamed up with Intel Corp and other silicon vendors to design its own chip architecture for nascent OpenRAN network technology, aiming to weaken the grip of traditional telecoms equipment suppliers.
EXCLUSIVE Vodafone and Iliad in talks to combine Italian units – sources
Telecom firms Vodafone (VOD.L) and Iliad are in talks to strike a deal in Italy that would combine their respective businesses in a bid to end cut-throat competition in the euro zone’s third-biggest economy, sources familiar with the matter told Reuters.
Indonesia approves merger of units of Qatar’s Ooredoo, CK Hutchison
JAKARTA, Jan 4 (Reuters) – Indonesia on Tuesday approved a $6 billion merger of telco units of Qatar’s Ooredoo and Hong Kong’s CK Hutchison (0001.HK) and set a deadline of 2025 for the merged entity to ramp up its services, its communication minister said. CK Hutchison Holdings and Ooredoo announced in September the deal, which will […]
Stocks touch new highs as volatility eases, dollar gains
A global equity benchmark and two key European stock indexes touched new highs on Tuesday, while the dollar rose in anticipation of faster inflation as volatility eased to lows last seen before the coronavirus pandemic.
AT&T set to end media voyage with $43 bln Discovery deal
AT&T (T.N), owner of HBO and Warner Bros studios, and Discovery (DISCA.O), home to lifestyle TV networks such as HGTV and TLC, said they will combine their content to form a standalone global entertainment and media business.
KPN shares slide after it rejects takeover offers
KPN (KPN.AS) shares lost almost 4% in early trading on Monday after the Dutch telecoms company said it had rejected two unsolicited takeover offers in recent weeks. The company on Sunday said that said it had rejected approaches from U.S. investment firm KKR (KKR.N) and another from a private equity consortium comprising EQT AB (EQTAB.ST) and Stonepeak Infrastructure Partners, saying they […]
