Huawei has officially announced details of a partnership with the largest telecommunications company in the Philippines. The Chinese colossus entered into an agreement with Philippine Long Distance and Telephone Co. (PDLT) in an attempt to combine efforts to roll out a 5G wireless network in the Asian archipelago by 2020.
Finnish technology giants Nokia have disclosed the details of the signing of a distributor agreement with Energia Communications (EneCom) to sell its G.fast fixed ultra-broadband access technology in Japan. EneCom, Nokia’s first customer for next-generation broadband access technology in the country, will now become the reseller for the fixed access technology, making it available nationwide across Japan.
Pakistan is reportedly considering the possibilities of using the resources of Azerbaijan’s telecommunications satellite Azerspace-1, according to Azerbaijani Ambassador to Pakistan, Ali Alizade, who told a foreign media outlet.
Japanese conglomerate Toshiba has received a number of healthy bids for a 19.9% stake in its lucrative flash memory business. It has received offers ranging from $1.8 billion to as high as $3.6 according to sources close to the organization.
Singtel delivered a resilient third quarter performance with a strong core business and higher contributions from regional mobile associates. In the core business, ICT revenues grew, bolstered by contract wins by NCS and demand for cyber security services. Higher consumer home services revenue in Singapore and growth in postpaid mobile customer numbers in Australia helped mitigate continued voice to data substitution and roaming revenue declines.
A Japanese multinational company is set to build a U.S. plant worth $7 billion in the first half of this year – which could create up to 700,000 in the Unites States following reports emerging from the country.
Spark, which is New Zealand’s largest telecommunications firm - posted a significant rise of 12.7% in interim net profit – despite modest growth in mobile and broadband revenues by the company. Spark disclosed the details of its financial statement and said that net profit for the six months to December 31st was NZ$178 million (US$128 million) up from NZ$158 million twelve months previous.
South Korean chipmaker SK Hynix has submitted a bid for a stake in Toshiba Corp’s memory chip business. Management identified an opportunity to gain an advantage on rivals in what is a booming NAND market and that is the reason behind the attempted acquisition according to sources close to the organization.
Gary Tay appointed director for Tripleplay Asia
Leading developer of Digital Signage, IPTV and Video Streaming solutions, Tripleplay has appointed former Extron consultant liaison manager, Gary Tay to head up its Asian business based from its regional headquarters in Singapore.
New Zealand telecommunications provider Spark said it’s planning to fully acquire small carrier TeamTalk in an effort to expand its provision of internet services across the nation, ZDNet reported. The small provider offers mobile radio services and metro fiber services under its brand CityLink and also rural internet services under its brand Farmside.
