Telecom Industry News
A collection of Telecom latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Tech, Media & Telecom Roundup: Market Talk
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0818 GMT – Shares of European semiconductor companies are mixed after a tumultuous week in which…
Telecoms group urges cuts to spectrum cost in Africa
GSMA, the global telecoms industry body, has urged African governments to cut the cost of radio frequency spectrum, arguing the expense is holding back investment in faster mobile networks. Reforms could add more than $120 billion to the African…
Africa could gain $120bn from telecom reforms: report
Mobile operators in Rwanda pay less than 1 percent of their revenue in direct spectrum fees, but the cost rises to about 14 percent when the expenses of meeting licence conditions are included, according to GSMA Intelligence. The finding is…
Comviva, Aduna Pitch Telecom Network Checks for Bank Fraud Screening
Comviva and Aduna plan to demonstrate telecom-network checks for banks and fintech firms at Money20/20 USA, pitching mobile data as another input for identity verification and fraud screening. In an Oct. 19 announcement, the companies identified…
KKR in EU crosshairs over €22bn Telecom Italia deal
The European Commission has confirmed its preliminary view that KKR supplied incorrect or misleading information during a merger investigation. Global investment firm KKR is under fire in the EU over suspicions that it misled the European…
Exploited Fortinet Bug Linked to Stealthy FortiGate Implant in Telecom Hack
A suspected state-sponsored threat actor exploited multiple Fortinet vulnerabilities in an attack against a telecommunications organization, Palo Alto Networks reports. The intrusion, attributed to UNC5820 (tracked by Palo Alto Networks as…
Trump Administration Could Nullify California Internet Protections
Read the top story of the day in your inbox. Sign up for the Daily Prospect newsletter here. On August 31, the Trump administration sent formal notice of a $1.42 billion grant to California to supply broadband access to 270,000 households and…
Could Virgin Mobile and O2 Broadband be back from the dead? Reports claim VMO2 plan resurrection of defunct brands
Reports claim VMO2 could plan return for older brands Virgin Mobile and O2 Broadband could be set for a return VMO2 has struggled in recent months, so a refresh could rejuvenate its business Virgin Media O2 (VMO2) is reportedly considering bringing…
How to unlock your Verizon, T-Mobile, or AT&T phone - and why DIY unlocking is dead
Carriers say locks stop theft and fraud; they also lock you in. The big three carriers require phones to be paid off for unlocking. DIY unlocks are dead; skip third-party unlockers and go straight to your carrier. The process is called carrier…
Basic Materials Roundup: Market Talk
The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0541 GMT – Lotte Chemical could post a wider-than-expected 3Q operating loss, Hana Securities' Yoon Jae-sung…
India's Jio draws about $25 billion in IPO anchor investor bids, sources say
By Aditya Kalra and Vibhuti Sharma MUMBAI, Oct 19 (Reuters) – Mukesh Ambani's $3.2 billion Jio Platforms IPO has drawn bids of about $25 billion from institutions including GIC, BlackRock and Fidelity, totaling almost 30 times the…
India's Jio lures marquee investors to IPO anchor book, bids top $25 billion
MUMBAI, Oct 19: Indian billionaire Mukesh Ambani's Reliance said on Monday that Abu Dhabi Investment Authority, BlackRock and Fidelity were among investors who bid in the anchor book of its record $3.2 billion Jio Platforms IPO, which two sources…
Starlink's India Rollout Awaits Security Reviews Before Spectrum Requests
The Ministry of Communications said Oct. 8 that Starlink must complete security reviews before seeking spectrum in India, a prerequisite on its path to service, but set no timetable. The ministry said assessments were underway for three licensed…
Terma, Euroclear Said to Join Nordic Defense, Financial Alliance
Danish defense technology provider Terma A/S and financial market infrastructure operator Euroclear Holding NV are poised to join the Nordic Compass industrial alliance looking to increase cooperation among the five northern nations. Euroclear is…
Openserve turns to AI to predict undersea cable, network faults
The undersea cable systems associated with Openserve's South African infrastructure and international connectivity include the Equiano. Openserve is introducing artificial intelligence (AI) and machine learning into its Network Operations Centre…
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