In early January 2017, Apple announced plans to invest $1 billion in Japanese telecoms giant SoftBank's $100 billion technology venture capital fund. Apple will reportedly join a list of other expected investors which include Foxconn Technology Group and Oracle Chairman Larry Ellison. Other companies like Qualcomm have already committed to the fund.

Read more: Japan's SoftBank to receive $1bn tech fund investment from Apple

Ooredoo Maldives and Huawei Marine announced the inauguration of Ooredoo's Nationwide Submarine Cable on December 16, 2016, an important investment by Ooredoo Maldives to strengthen its networks, as part of its commitment to power a Digital Maldives. Azleen Ahmed, Home Minister of Maldives, Wang Fukang, Chinese Ambassador to Maldives and more than 200 guests attended the event.

Read more: Ooredoo and Huawei Marine inaugurate National Submarine Cable in Maldives

Indonesia has seen a flood of fake news spread across social media lately. The Southeast Asian nation officially announced on January 5 its intention to set up an agency that will combat the spread of fake news. One of the fake news stories recently spread through Indonesia, was a claim that China was waging biological warfare against the nation using contaminated chili seeds. Indonesia's new cyber agency will seek to protect state institutions from hackers as well, according to presidential spokesman, Johan Budi.

Read more: Indonesia sets up new cyber agency to combat the spread of fake news

Sprint announced a commitment to create or bring back to America 5,000 jobs. The company anticipates these jobs will support a variety of functions across the organization including its Customer Care and Sales teams. Sprint will begin discussions immediately with its business partners, states and cities to determine the right locations in the U.S. to create these jobs. The company expects to fulfill this commitment by the end of its fiscal year 2017 and will provide additional details when they are available.

Read more: Sprint says it will create or bring back 5,000 jobs to the United States

India's Reliance Communications, the internet access and telecommunications company headquartered in Mumbai, India, is selling its mobile phone tower business to Brookfield, a Canadian asset management giant, for $1.6 billion, it was reported on December 21, 2016. The deal represents the largest investment by a foreign company in Indian infrastructure, according to Reliance.  Brookfield reportedly seeks to capitalize on liquidity constraints at major Indian firms.

Read more: India's Reliance is selling its mobile tower business to Canadian company for $1.6bn

Huawei and Telefónica announced on December 23, 2016, that they have signed a strategic Memorandum of Understanding (MoU) to work together on jointly developing the NB-IoT markets in Europe and Latin America. The two companies have already started their first trials of a NB-IoT solution and are aiming to start to launch commercially in Europe and Latin America during 2017.

Read more: Telefónica and Huawei sign MoU to develop NB-IoT markets in Europe and South America

Cisco, Ericsson, Huawei and Nokia announced on December 20, 2016, that they have signed a MoU to create the NFV Interoperability Testing Initiative (NFV-ITI) that will help communication service providers to address the challenges related to NFV deployment and Cloud transformation within multi-vendor network environments.

Read more: Cisco, Ericsson, Huawei, Nokia sign MoU to create NFV Interoperability Testing Initiative

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