Singaporean telecom provider Singtel said it plans to invest INR 26.5 billion ($413 million) to increase its share in Indian telecom group Bharti Telecom, the holding company of Bharti Airtel, by 0.9 percentage points to 39.5%. The move will be subject to approval by Bharti Telecom’s shareholders, with completion expected by March 2018.

Read more: Singtel plans to increase shares in Indian telecom group

Chinese telecommunications vendor ZTE has recorded a phenomenal financial result for 2017 which has seen its net profit increase by almost 300%. ZTE issued its earning guidance for the last twelve months which indicated a staggering 293% increase from 2016 which was based on a preliminary financial statement.

Read more: ZTE’s investment in its operator network pays off as net profits increase by 300%

ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, was early in identifying the opportunities opened by 5G and on developing a 5G strategy, as commercial deployments of 5th generation mobile networks, more widely known as 5G, approaches.  

Read more: Chinese vendor establishes industry leadership in preparation for 5G commercialization

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