Vodafone New Zealand is set to purchase 70 percent of the rural broadband and satellite section ‘Farmside’ of operator TeamTalk for NZ$10 million ($7 million). The acquisition is subject to approval by shareholders. Vodafone NZ has the option to purchase the remaining 30 percent for NZ$3 million within the next three years.

Read more: Vodafone NZ to purchase stake in operator TeamTalk for $7 million

PCCW Global and Keppel Data Centres Holding Pte Ltd (Keppel Data Centres) have launched the PCCW Global-Keppel International Carrier Exchange (ICX) in the international telecommunications hub of Hong Kong to provide faster interconnects for businesses.

Read more: PCCW Global and Keppel Data Centres’ brand new International Carrier Exchange (ICX) forges faster...

PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider, has signed an agreement with SAP Mobile Services now SAP Digital Interconnect to merge their respective Internetwork Packet Exchange (IPX) domains into a single IPX domain. The agreement signifies the creation of a global, independent full-service IPX offering, with customers now being able to benefit from both SAP’s extensive LTE roaming footprint and PCCW Global’s state-of-the-art IPX Voice and VoLTE capabilities, all offered via a single dedicated network connection.

Read more: PCCW Global and SAP Digital Interconnect combine forces to set new standards in geographic reach,...

Singapore’s Singtel announced a partnership with Australia’s Optus and the Philippine’s Globe Telecom to collaborate on its social innovation program, Singtel Future Makers. The joint initiative seeks to help enterprising individuals and organizations in Singapore, Australia and the Philippines, which are addressing community needs through the bold, innovative use of technology, to grow and scale their businesses.

Read more: Singtel, Optus and Globe partner for initiative to boost business through technology

Indian telecommunications colossus Bharti Airtel has sold off its stake in tower unit Infratel in an effort to reduce the company’s debt. It has been reported that a consortium of investors acquired the stake for a fee of around INR61.9bn ($952m) which represented Bharti Airtel’s 10.3% stake in the tower unit. The consortium of investors was spearheaded by private equity company KKR and the Canada Pension Plan Investment Board.

Read more: Indian telecommunication firm sells stake in tower unit Infratel for $952m

Leading smartphone maker Xiaomi has revealed that it is producing one device every second in India. The Chinese tech colossus has revealed that a staggering 95% of the Xiaomi smartphone being sold in India were being made in the country. That disclosure was made by vice president and managing director of Xiaomi India, Manu Jain, at the announcement of a new manufacturing plant in the scenic coastal city of Vizag in the southern Indian state of Andhra Pradesh. Xiaomi also disclosed details of its latest phone the Redmi 4A.

Read more: Chinese smartphone maker produces 1 phone every second in India

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