In The Spotlight
Australia’s largest telecom provider Telstra announced a major step forward in the development of the Internet of Things (IoT) in Australia with the successful deployment of Narrowband technology in its IoT Network.
Ericsson released a statement on January 16 noting that it will book SEK 14.2 billion (US$ 1.77 billion) in write-downs in its Q4 2017 financial results. The write-downs, Ericsson said, are related to the company’s Digital Services and Other divisions, in addition to an SEK 1 billion charge related to tax changes in the United States.
Ericsson has launched its ‘Towards a 5G consumer future’ industry insight report that discusses the six calls to action from consumers that operators need to act upon to provide a foundation for adoption of 5G technology. The report, the largest 5G consumer expectation study to date, represents the views of 800 million smartphone users worldwide.
Chinese electronics and software company Xiaomi has reportedly signed on bankers to support an expected initial public offering (IPO) which could value the company at $100 billion, Bloomberg said. Goldman Sachs and Morgan Stanely have been selected by Xiaomi, with Credit Suisse and Deutsche Bank playing a role, the report speculates.
Philippine telecom and digital services provider PLDT and its mobile unit Smart Communications announced a US$28.5 million partnership with global information and communications technology leader Huawei to transform the group's wireless service delivery platforms.
The evolution to digital business strategies and an increased awareness of emerging cyber threats will boost global security spending by 8 percent in 2018 to reach $96.3 billion, research firm Gartner predicts. Yahoo’s recent shocking revelation that up to 3 billion user accounts were hacked in 2013 is a reminder to all organizations that security spending is a worthy investment.
NexNet Solutions, a leading telecommunications solutions and consulting firm in conjunction with its regional partner M800 Limited, has announced that its strategic alliance with Hong Kong based company aims to help and support operators to build their own OTT services and enable them to extended these services to B2B customers effectively.
Global demand for bandwidth continues to grow at a remarkable rate driven by the rise of capacity-dependent applications like live video, augmented and virtual reality, and 4K/8K video. International submarine cable systems are more important than ever, considering that the total carrying capacity of subsea cables is in the terabits per second, while satellites typically offer only 1000 megabits per second.