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ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, together with China Unicom and Shandong Energy Beidou Tiandi, today has completed the first 5G local traffic offloading pilot in the mining industry in Shandong Province, China.

According to the findings of Synergy Research Group, enterprises are continuing to spend heavily on cloud infrastructure. In fact, this spending grew by 35% in 2020 to reach almost $130 billion.

Japanese e-commerce and tech company Rakuten has sold a 13% share amounting to $2.2 billion to Japan Post, Tencent and Walmart. Japan Post will invest $1.4 billion into Rakuten, thereby owning 8.3% of the company’s total share to become its fourth largest investor. Tencent will invest $0.6 billion to own 3.6% of the company’s total share, while Walmart will invest $0.15 billion to own a 0.9% share.

Nokia announced the first 5G standalone (“SA”) Radio Access Network (“RAN”) Sharing network in South East Asia. The company has been selected by Antina Pte. Ltd. (“Antina”), a joint venture formed by mobile network operators M1 and StarHub, following a competitive tender process, to deploy 5G SA networks across Singapore. The commercial deployment of a 5G SA network will introduce compelling new use cases and cater for the growing data demand in the country, putting Singapore at the forefront of 5G standalone technology in the region.