Vodafone Group and Indian telecom company Idea Cellular have announced the proposed leadership team of the combined business, which will come into effect after the merger has been completed. This is in line with the original merger announcement of 20 March 2017, which said that the management team of the combined business would be confirmed prior to closing.

Read more: Vodafone India and Idea Cellular announce post-merger leadership team

ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, reported a full-year revenue of RMB 108.82 billion in 2017, 7.5% higher than a year earlier, benefiting from continuous investments in telecommunications networks by global operators and the company's growth in consumer businesses and government-enterprise markets.

Read more: ZTE reports increase by 7.5% in 2017 full-year revenue

The Southeast Asia-Japan 2 consortium (SJC2) has signed an agreement with Japanese IT firm NEC Corporation to build a high performance submarine cable connecting Singapore, Thailand, Cambodia, Vietnam, Hong Kong, Taiwan, mainland China, Korea and Japan. Construction of the 10,500-kilometer long cable is expected to be completed by the fourth quarter of 2020.

Read more: NEC to build submarine cable linking nine Asian destinations

The Indian government has taken proactive measures in an effort to relieve the financial pressures currently being endured by mobile operators in the country. Telecommunications operators in India have encountered a series of financial problems over the past twelve months, and that forced the cabinet to take action.

Read more: Indian government implements measures to ease financial pressure on operators

Ant Financial, the parent company of Chinese mobile payment platform Alipay, has reached an agreement to invest US$184.5 million for a 45 percent stake in Norwegian telecom group Telenor subsidiary Telenor Microfinance Bank (TMB) in Pakistan, to further develop TMB’s mobile payment and digital financial services in the country.

Read more: Alipay parent invests $184m to develop mobile payment in Pakistan

More Articles ...