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Indian telecom firms fall as court dismisses plea on fee owed to govt
BENGALURU, July 23 (Reuters) - Shares of top Indian telecom companies Bharti Airtel Ltd (BRTI.NS) and Vodafone Idea Ltd (VODA.NS) dropped on Friday after the country's Supreme Court rejected their appeal to correct errors in adjusted gross revenue…
China Telecom: US blacklist was a blessing in disguise
Things looked bad for China Telecom after it was kicked out of New York markets in January. Former US president Donald Trump, who deemed China's mobile carriers to have Chinese military links, banned US investment and forced a delisting. This now…
War Of Words Erupts Over How Billionaire-Owned Telecom Giant Handled Child Pornography Alerts
In 2005, long before he was France's most-celebrated tech billionaire, Xavier Niel launched dl.free.fr to allow internet users to send large files online, a solution to the problem of email attachment file size constraints at the time. The hosting…
China Telecom cleared for $8.4bn Shanghai share sale
China Telecom, one of China's state-run telecoms groups, has been cleared to raise $8.4bn in Shanghai after being forced off the New York Stock Exchange, in what would be the country's biggest listing in a decade. The company was booted from the…
China Telecom Approved for Secondary Listing in Shanghai
Although the U.S. blacklisting was a major factor prompting China Telecom to file for the Chinese mainland listing, the company is also seeking to raise money to fund long-term initiatives. Photo: VCG China Telecom has gotten the green light to…
China Telecom receives green light for Shanghai listing
The China Securities Regulatory Commission (CSRC) approved a listing by China Telecom on the main board of the Shanghai Stock Exchange six months after the company was delisted from the New York Stock Exchange (NYSE). Bloomberg reported a plan by…
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Indian shares edge lower ahead of Reliance results; Zomato soars on debut
BENGALURU, July 23 (Reuters) - Indian shares edged lower on Friday amid mixed global cues, ahead of quarterly results from oil-to-telecom conglomerate Reliance Industries Ltd (RELI.NS) while India's first unicorn Zomato Ltd (ZOMT.NS) soared at its…
SK Telecom considering 3G network sharing options
South Korea's mobile market leader SK Telecom (SKT) is reviewing the possibility of sharing its 3G network with a rival mobile network operator (MNO), Yonhap News Agency reports, citing comments made by the company in its latest annual…
AGR case of telecom majors: A timeline
The Supreme Court on Friday dismissed the applications filed by telecom majors, including Vodafone Idea and Bharti Airtel, against alleged errors in calculation in the figure of Adjusted Gross Revenue (AGR) related dues payable by them. Pronouncing…
Telstra sweeps sites funded under Round 5A of mobile blackspot program
The Commonwealth has announced the winners of Round 5A of the mobile blackspot program, with Telstra taking away the lion's share of sites. The incumbent telco gained 48 of 67 sites chosen, Field Solutions picked up 15, and Optus walked away with…
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U.S. seeks 'reliable, predictable' way forward with North Korea
SEOUL, July 23 (Reuters) - The United States is seeking a 'reliable, predictable and constructive' way to secure progress in stalled denuclearisation talks with North Korea, U.S. Deputy Secretary of State Wendy Sherman said on Friday. Sherman made…
Russian disinformation campaigns are trying to sow distrust of COVID vaccines, study finds
Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Russian propagandists and Internet trolls are increasingly targeting companies with disinformation campaigns that are intended to damage their…
TOP DEVELOPERS: Meet the 20 power players quietly changing the technology industry from the inside
Erin Bond Erin Bond took an unorthodox path to the software engineering field. A former elementary school teacher, Bond learned to code five years ago through a one-year course at the Ada Developers Academy. Now, as an engineer at Code.org, Bond is…
Vodafone's booming M-Pesa shines a light on valuable Africa fintechs
Vodafone has reported surging growth at its African mobile money platform M-Pesa as the telecoms group and its rivals look at ways of unlocking the value of fast-growing financial fintechs on the continent. The UK company said that the number of…
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India's Reliance revenue rises 58% as oil and gas business recovers
BENGALURU, July 23 (Reuters) - Indian conglomerate Reliance Industries Ltd (RELI.NS) reported a 58% jump in quarterly revenue on Friday, led by a strong show at its dominant oil and gas business. India's most valuable company, which operates the…
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