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.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, in partnership with China Mobile, has upgraded Xinfengming Group's 5G intelligent manufacturing, following the completion of the test and verification of the "i - wireless 5G intelligent and one-stop local network" project.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today published its 2020 Annual Report and Preliminary Results Announcement of the First Quarter 2021.
Dell Technologies announced an investment of US$50 million (approx. S$66 million) over three years since 2019 in the establishment of a Global Innovation Hub (GIH) in Singapore. Of that planned investment, US$23 million (approx. S$30 million) will be invested this year. Supported by Digital Industry Singapore (DISG), these investments will go towards accelerating developments in digital experiences and research & development (R&D) capabilities.
Rupert Murdoch’s News Corp and Facebook Inc in Australia have agreed on a content-supply deal, easing the tension between media companies and the social media giant involving a new world-first law that seeks payment from social media companies for content displayed on their platforms.
MWC Shanghai 2021, a prestigious annual event in the global mobile communications industry, opened on February 23. The 5G mmWave Zone at MWC Shanghai, jointly hosted by China Unicom and GSMA and supported by Qualcomm Technologies, Inc. showcases extreme performance and rich applications enabled by 5G millimeter wave (mmWave). Mai Yanzhou, Vice President of China Unicom, Wang Jianzhou, Senior Advisor, GSMA, and Frank Meng, Chairman, Qualcomm China, Qualcomm International, Inc. attended the opening ceremony of the 5G mmWave Zone in the morning. The 5G mmWave Zone is another milestone that will help the mobile industry speed up commercialization of 5G mmWave in China to help unleash the full potential and speeds of 5G.
Ooredoo Group has now climbed to number 40 in the top 50 global telecommunications brands, up one place from 41 in 2020, as confirmed by the Brand Finance Telecoms 150 2021 report.
At Huawei's online media and analyst pre-briefing for MWC Shanghai 2021, Mr. Ritchie Peng, President of Huawei's 5G Product Line, delivered a keynote speech titled Building Optimal 5G Networks by Sustained Innovation.
Nokia has today announced that it will conduct a 5G Business-to-Business (B2B) digital platform trial for LG Uplus. Once deployed, the platform will allow LG Uplus to reduce time-to-market for launching 5G-powered services to its enterprise and business vertical customers. The platform will also enable LG Uplus to address new business segments, including Industry 4.0, and smart factory. After deployment, the solution will promote the use of 5G by enterprises and verticals to grow their business, aligning with the Korean Government’s Digital New Deal initiative.
Nokia launched the 8th edition of its Mobile Broadband India Traffic Index (MBiT) 2021 on mobile broadband performance in India in the year 2020. The report highlights that the data traffic in India grew approximately 60 times over the last five years which is amongst the highest globally. In 2020, the data traffic grew by 36% YoY primarily due to rise in 4G data consumption as 4G subscribers surpassed 700 million with 100 million new additions during the year. 4G alone constituted nearly 99% of the total data traffic consumed across the country. Categories A, B and C saw higher growth rates than metros due to operator focus on 4G.