Tag

#Wireless Telecommunications Services (TRBC)

Home » Wireless Telecommunications Services (TRBC)

380 posts
Bookmark?Remove?

Private equity-led consortium to buy Inmarsat for $3.4 billion cash

(Reuters) – A private equity-led consortium on Monday agreed to buy British satellite operator Inmarsat for about $3.4 billion in cash, six months after Inmarsat rebuffed a slightly lower cash and stock bid from U.S. satellite group EchoStar. The consortium in... More »

Bookmark?Remove?

Indian state open for talks with Uber rival Ola over ban

BENGALURU (Reuters) – The southern Indian state of Karnataka kept the door open on Saturday to talks with local ride-hailing service Ola to avoid a ban that could help rival Uber build market share. Karnataka earlier this week issued a notice to suspend Ola’s ... More »

Bookmark?Remove?

Singtel signs deal to expand mobile wallet alliance to Japan

SINGAPORE (Reuters) – Singapore Telecommunications Ltd said on Monday it has signed a partnership to enable the use of its cross-border mobile wallet platform in Japan, as the telecom operator moves ahead with its digital payments expansion. The partnership wi... More »

Bookmark?Remove?

Airbus, OneWeb aim for new satellite era with first launch

SEATTLE/PARIS (Reuters) – A rocket carrying six satellites built by Airbus SE and partner OneWeb blasted off from French Guiana on Wednesday, the first step in a plan to give millions of people in remote and rural areas high-speed internet beamed down from spa... More »

Bookmark?Remove?

Australia’s TPG to take $163 million in writedowns after halts…

(Reuters) – Australia’s TPG Telecom Ltd said on Tuesday it will take A$228 million ($163 million) in writedowns in its first-half results after halting its mobile network rollout due to a ban on the use of equipment from Huawei Technologies Co Ltd. TPG said la... More »

Bookmark?Remove?

Sony stock jumps after first-ever share buyback announcement

TOKYO (Reuters) – Sony Corp announced its first-ever major share buyback on Friday, worth 100 billion yen ($910 million), helping its stock recover from a hammering days earlier when investors freaked over lackluster earnings. The announcement marked Japan’s s... More »

Bookmark?Remove?

Swisscom, Sunrise, Salt pay $380 million for Swiss 5G frequencies

ZURICH (Reuters) – Swisscom, Sunrise and Salt have paid a relatively modest 380 million Swiss francs ($379 million) for fifth-generation wireless frequencies that will tighten their grip on the Swiss mobile market. The three were able to secure an attractively... More »

Bookmark?Remove?

Robots serve up food and fun in Budapest cafe

BUDAPEST (Reuters) – The robots at the Enjoy Budapest Cafe can do it all – they can serve up food and drink, tell jokes, dance with the kids or just hang out for a chat with customers. The cafe, opened by IT company E-Szoftverfejlesztő in the Hungarian capital... More »

Bookmark?Remove?

ACWA considers supporting solar panel manufacturing in Saudi

ABU DHABI (Reuters) – ACWA Power is considering supporting the manufacturing of solar panels in Saudi Arabia, its chief executive said, as the power and water plants developer seeks to facilitate Saudi Arabia’s plans to develop its renewable power industry. Sa... More »

Bookmark?Remove?

Samsung to launch India-first smartphones to counter Chinese rivals

MUMBAI (Reuters) – Samsung (005930.KS) plans to launch a budget smartphone series in India ahead of a global release, aiming to regain ground ceded to Chinese rivals such as Xiaomi (1810.HK) in the world’s second-biggest mobile phone market. The South Korean c... More »

Bookmark?Remove?

Exclusive: Foxconn to begin assembling top-end Apple iPhones in…

MUMBAI/DELHI (Reuters) – Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a source famili... More »

Bookmark?Remove?

SoftBank’s record IPO reaches $23.5 billion after extra share sale

TOKYO (Reuters) – SoftBank Group Corp (9984.T) is set to raise 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO – a share sale widely regarded as finalizing the group’s transition from domestic telco to a monolithic global tech investor. Telco uni... More »

Bookmark?Remove?

Politics, race, music dominate diverse Golden Globe film nominations

LOS ANGELES (Reuters) – Movies about race, politics and music dominated nominations for the Golden Globe awards on Thursday, setting the stage for a lively Hollywood awards season leading up to the Oscars in February. Dark comedy “Vice,” a scathing look at the... More »

Bookmark?Remove?

Verizon, Samsung to release 5G smartphones in U.S. in 2019

(Reuters) – Verizon Communications Inc and Samsung Electronics Co Ltd on Monday confirmed long-held industry expectations they would seek to steal a march on Apple Inc by launching U.S. 5G smartphones in the first half of 2019. The two companies said in a stat... More »

Bookmark?Remove?

Grab invests $100 million in Indian hotel startup OYO: source

(Reuters) – Singapore-based ride-hailing firm Grab has invested $100 million in Indian hotel-reservations startup OYO, a source with knowledge of the matter told Reuters on Monday. Both companies are backed by Japan’s SoftBank Group Corp (9984.T). The investme... More »

Bookmark?Remove?

Trump administration working on consumer data privacy policy

WASHINGTON (Reuters) – The Trump administration is working to develop consumer data privacy policies, and the Commerce Department is meeting with big companies like Facebook Inc, Comcast Corp and Alphabet Inc as it looks to eventually seeing the policies enshr... More »

Bookmark?Remove?

Britain sets out plans to deliver full-fiber connectivity

LONDON (Reuters) – Britain set out plans to promote the roll out of full-fiber broadband on Monday, including targeting public money at rural areas and insisting that the fastest connections are included as standard in new build properties. Britain is lagging ... More »

Bookmark?Remove?

Mystery surrounds Chris Pine return to ‘Wonder Woman’ film series

SAN DIEGO (Reuters) – Actor Chris Pine surprised superhero fans with an appearance alongside “Wonder Woman” star Gal Gadot on Saturday but offered no explanation for how he will return to the film franchise following his character’s fiery death in the last mov... More »

Bookmark?Remove?

Finland’s Nokia signs 1 billion euro deal with China Mobile

(Reuters) – Nokia has signed a one billion euro ($1.17 billion) deal to support China Mobile, the Finnish network gear maker said on Tuesday. Under the terms of the one-year deal, which was signed at Sino-German Economic Forum, Nokia will provide the Chinese o... More »

Bookmark?Remove?

WhatsApp launches Indian media blitz to dispel fake news woes

MUMBAI (Reuters) – Facebook Inc’s WhatsApp messaging platform on Tuesday published advertisements in key Indian newspapers to tackle the spread of misinformation, its first such effort to combat a flurry of fake messages that prompted mob lynchings. Beatings a... More »

Bookmark?Remove?

Grab launches grocery delivery service in race for growth

SINGAPORE (Reuters) – Grab unveiled a grocery delivery service on Tuesday, betting the firm’s extensive network of 7.1 million drivers, agents and merchants will help steer the company as it expands beyond its core ride-hailing business across Southeast Asia. ... More »

Bookmark?Remove?

Content-hungry bidders circle ‘Big Brother’ maker Endemol

FRANKFURT/LONDON (Reuters) – Several bidders, including Liberty Global, are preparing offers for TV production company Endemol Shine, maker of classic reality show ‘Big Brother’ and the dystopian ‘Black Mirror’ dramas, before an initial deadline next week. ITV... More »

Bookmark?Remove?

Coming soon from Netflix: Three dozen billboards in Hollywood

NEW YORK and LOS ANGELES (Reuters) – Netflix Inc, the streaming video pioneer that revolutionized television, is investing in one of the oldest forms of media to gain an edge in the raging battle for online viewers and top-notch talent. Known for acclaimed sho... More »

Bookmark?Remove?

European shares crawl up from trade war sell-off

LONDON (Reuters) – European shares made a modest bounce on Tuesday, recovering slightly after trade tensions sent stock markets into a spiral as investors shed risky assets. The pan-European STOXX 600 was up 0.3 percent by 0837 GMT, but was far from making up ... More »

Bookmark?Remove?

White House says Trump nominates Geoffrey Starks to FCC

WASHINGTON (Reuters) – President Donald Trump named Geoffrey Starks as his pick to become a member of the Federal Communications Commission for the remainder of a five-year term ending June 30, 2022, the White House said on Friday. Starks, who currently serves... More »

Bookmark?Remove?

Palo Alto names former SoftBank exec Nikesh Arora CEO

(Reuters) – Cybersecurity firm Palo Alto Networks Inc said on Friday it named former SoftBank Group Corp president Nikesh Arora as chief executive officer and chairman. Arora, 50, succeeds Mark McLaughlin, who has led the company for nearly seven years and has... More »

Bookmark?Remove?

Kenya moves to regulate fintech-fuelled lending craze

(This May 25 story corrects first name of Capital Markets Authority CEO to Paul, not Peter, paragraph 29) By Maggie Fick and Omar Mohammed NAIROBI (Reuters) – Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile m... More »

Bookmark?Remove?

Germany calls on chip and hardware makers to tackle processor flaws

BERLIN (Reuters) – Germany’s federal cyber agency called on chip and hardware-makers to address new vulnerabilities discovered in computer central processing units, but said no complete fix was possible at the moment. The BSI agency said its analysis showed th... More »

Bookmark?Remove?

FCC investigating website flaw that exposed mobile phone locations

WASHINGTON (Reuters) – The U.S. Federal Communications Commission said on Friday it was referring reports that a website flaw could have allowed the location of mobile phone customers to be tracked to its enforcement bureau to investigate. A security researche... More »

Bookmark?Remove?

‘Next generation’ flaws found on computer processors: magazine

FRANKFURT (Reuters) – Researchers have found eight new flaws in computer central processing units that resemble the Meltdown and Spectre bugs revealed in January, a German computing magazine reported on Thursday. The magazine, called c’t, said it was aware of ... More »

Bookmark?Remove?

AT&T court fight with U.S. Justice Department heads into closing…

WASHINGTON (Reuters) – Lawyers for the U.S. Justice Department and AT&T (T.N) will give closing arguments on Monday in a trial to determine if the wireless giant, owner of pay TV provider DirecTV, will be allowed to buy movie and TV show maker Time Warner (TWX... More »

Bookmark?Remove?

T-Mobile, Sprint say $26 billion deal would give U.S. tech lead…

(Reuters) – T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create thousands of jobs and help the United States beat Ch... More »

Bookmark?Remove?

Deutsche Telekom sees T-Mobile-Sprint deal clearing anti-trust…

FRANKFURT (Reuters) – Deutsche Telekom (DTEGn.DE) CEO Tim Hoettges expressed confidence on Monday that the $26 billion takeover of Sprint Corp (S.N) by its U.S. unit T-Mobile US (TMUS.O) would clear anti-trust hurdles. Hoettges, speaking after the all-stock de... More »

Bookmark?Remove?

SoftBank’s CEO clinches his biggest deal by letting go

(Reuters) – SoftBank Group Corp (9984.T) CEO Masayoshi Son has made a name for himself as the ultimate dealmaker, raising almost $100 billion for investments with his Vision Fund. Yet after four years of haggling, he has scored his biggest deal by simply letti... More »

Bookmark?Remove?

Deutsche Telekom leverage to increase on T-Mobile-Sprint deal

FRANKFURT (Reuters) – Deutsche Telekom (DTEGn.DE) said its leverage would increase beyond its target corridor as a result of the takeover by its unit T-Mobile US (TMUS.O) of Sprint Corp (S.N), but will return to the comfort zone in 2021. Deutsche Telekom’s adj... More »

Bookmark?Remove?

German regulator may require cable operators to open networks to…

FRANKFURT (Reuters) – Germany’s regulator is considering requiring cable TV operators to provide network access to third parties, in a shift that could affect talks on a European merger between Vodafone and Liberty Global. The proposed deal’s main prize would ... More »

Bookmark?Remove?

Australian regulator flags scrutiny of Uber Eats

SYDNEY (Reuters) – The head of Australia’s competition regulator said on Monday it will scrutinize contracts between Uber Technologies Inc [UBER.UL] and restaurants that use its food delivery app Uber Eats. The Australian Broadcasting Corporation reported on S... More »

Bookmark?Remove?

Russia starts blocking Telegram messenger

MOSCOW (Reuters) – Russia’s state telecommunications regulator said on Monday it had begun blocking access to Telegram messenger after the company refused to comply with an order to give Russian state security access to its users’ secret messages. The watchdog... More »

Bookmark?Remove?

India’s electronics ministry moots duties on key smartphone…

MUMBAI/NEW DELHI (Reuters) – India is exploring new duties on the import of a key smartphone component, according to two government sources, the latest in a series of moves aimed at boosting domestic manufacturing in the world’s second-biggest smartphone marke... More »

Bookmark?Remove?

AT&T trial hears of consequences if Turner networks go dark

(Reuters) – Twelve percent of subscribers would quit their cable or satellite companies if Time Warner Inc’s (TWX.N) Turner networks were no longer available, a Massachusetts Institute of Technology marketing professor said on Thursday. John Hauser, who teache... More »

Bookmark?Remove?

Rocket science: will Inmarsat’s wi-fi in the sky pay off?

LONDON (Reuters) – A satellite company wants to bring reliable internet to airline passengers worldwide. But some investors don’t seem to be buying it. Inmarsat’s mission to bring wi-fi to passenger jets did instill great faith in some fund managers. But compe... More »

Bookmark?Remove?

AT&T judge warns parties to hurry to make June 21 deadline

(Reuters) – U.S. judge Richard Leon on Wednesday warned attorneys for the Department of Justice and AT&T Inc to speed up the trial over the proposed merger of the large telecommunications company and Time Warner Inc, or risk missing the June 21 deadline to com... More »

Bookmark?Remove?

Amazon video service looking to expand Indian regional content

FILE PHOTO: Employees of Amazon India are seen behind a glass bearing the company’s logo inside its office in Bengaluru, India, August 14, 2015. REUTERS/Abhishek N. Chinnappa/File photo (This March 11 story has been refiled to reflect changed name of Zee Enter... More »

Bookmark?Remove?

Internet tycoon challenges Deutsche Telekom to team up on German…

FILE PHOTO: A logo of Germany’s telecommunications giant Deutsche Telekom AG is seen before the company’s annual news conference in Bonn, Germany, March 2, 2017. REUTERS/Wolfgang Rattay/File Photo FRANKFURT (Reuters) – The billionaire founder of United Interne... More »

Bookmark?Remove?

Fast 5G beckons, but still far off for most mobile users

A 5G sign is seen during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman BARCELONA (Reuters) – The telecoms world is gearing up for 5G, the next generation wireless technology that promises to go beyond phones and link up e... More »

Bookmark?Remove?

NAFTA teams set to close telecom chapter as U.S. softens stance:…

NAFTA banner is pictured inside a hotel where the seventh round of NAFTA talks involving the United States, Mexico and Canada takes place, in Mexico City, Mexico, March 1, 2018. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – NAFTA negotiators paved the way for... More »

Bookmark?Remove?

Moon to get first mobile phone network

A visitor walks past a mobile mast with an Audi lunar exploration vehicle, a simulation of a Vodafone project to install a 4G mobile phone network on the moon in 2019, during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman ... More »

Bookmark?Remove?

Vodafone’s mobile data to be deployed to fight epidemics in Ghana

BARCELONA (Reuters) – Mobile data will be used in Ghana to track and control epidemics, helping prevent a repeat of the 2014 West Africa Ebola outbreak, in a pioneering program announced by Vodafone Foundation on Monday. The initiative will use aggregated anon... More »

Bookmark?Remove?

Ericsson signs China Mobile for industrial internet trials

Ericsson Chief Executive Officer Borje Ekholm holds a news conference during the Mobile World Congress in Barcelona, Spain February 26, 2018. REUTERS/Yves Herman BARCELONA (Reuters) – Sweden’s Ericsson, the world’s No.2 maker of mobile network equipment, said ... More »

Bookmark?Remove?

Uber plans to sell Southeast Asia business to Grab: CNBC

FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S. on February 2, 2017. REUTERS/Brendan McDermid/File Photo (Reuters) – Uber Technologies [UBER.UL] is preparing to sell its Southeast Asia ride-hailing business to Singapore-based Grab in re... More »

Bookmark?Remove?

Time Warner beats estimates on HBO growth

FILE PHOTO – Ticker and trading information for media conglomerate Time Warner Inc. is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 21, 2016. REUTERS/Brendan McDermid/File Photo (Re... More »

Bookmark?Remove?

HBO has more than 5 million online streaming subscribers: source

(Reuters) – Time Warner Inc’s HBO premium channel has more than 5 million online streaming subscribers, up from 2 million a year ago, a source familiar with the situation told Reuters Thursday. Those online subscribers come from all online streaming offerings ... More »

Bookmark?Remove?

Auto1 says no need for IPO after Softbank invests

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo BERLIN (Reuters) – German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial ... More »

Bookmark?Remove?

With new Chinese link, Nepal ends India’s internet monopoly

KATHMANDU (Reuters) – Nepal has joined hands with China to offer internet services to its citizens, officials said on Friday, ending India’s decades-long monopoly of the Himalayan nation’s cyber connectivity network. For years, Nepal depended on Indian telecom... More »

Bookmark?Remove?

Explainer: How chip flaws Spectre, Meltdown work and what’s next

A hooded man holds a laptop computer as blue screen with an exclamation mark is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration LAS VEGAS (Reuters) – Smartphones, PCs and servers across the world have rec... More »

Bookmark?Remove?

Microsoft says security patches slowing down PCs, servers

FILE PHOTO: The Microsoft logo is shown on an electric car at the Auto Show in Los Angeles, California, U.S., November 28, 2017. REUTERS/Mike Blake (Reuters) – Microsoft Corp (MSFT.O) said on Tuesday that software patches released to guard against microchip se... More »

Bookmark?Remove?

Democrats vow to force vote on net neutrality

Chairman Ajit Pai drinks coffee ahead of the vote on the repeal of so called net neutrality rules at the Federal Communications Commission in Washington. REUTERS/Aaron P. Bernstein WASHINGTON (Reuters) – U.S. Senate Democrats said on Tuesday they will force a ... More »

Bookmark?Remove?

Huawei’s AT&T U.S. smartphone deal collapses

FILE PHOTO: Visitors try Huawei’s devices during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Eric Gaillard/File Photo HONG KONG (Reuters) – Huawei Technologies Co Ltd’s [HWT.UL] planned deal with U.S. carrier AT&T Inc (T.N) to sell it... More »

Bookmark?Remove?

Uber ties up with BBM messenger on ride booking

Uber’s logo is pictured at its office in Tokyo, Japan, November 27, 2017. REUTERS/Kim Kyung-Hoon JAKARTA (Reuters) – Uber Technologies [UBER.UL] said on Monday it has joined forces with BBM Messenger to allow users around the world, including in the applicatio... More »

Bookmark?Remove?

India raises import tax on cellphones, move to hurt Apple

FILE PHOTO: A woman talks on her mobile phone on a pavement in Kolkata, India July 5, 2017. REUTERS/Rupak De Chowdhuri/File Photo NEW DELHI (Reuters) – India has increased the import tax on dozens of electronic products such as mobile phones and television set... More »

Bookmark?Remove?

AT&T/Time Warner antitrust trial set for March

FILE PHOTO: An AT&T logo and communication equipment is shown on a building in downtown Los Angeles, California October 29, 2014. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – The trial to determine if the U.S. Department of Justice can stop AT&T Inc’s ... More »

Bookmark?Remove?

Uber execs travel world to reassure regulators after controversies

Uber’s Asia Pacific Chief Business Officer Brooks Entwistle gives an interview to Reuters in Tokyo, Japan, November 27, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Uber executives are travelling the globe to reassure regulators that the company is changing ... More »

Bookmark?Remove?

Uber to disclose price on SoftBank deal early next week: sources

FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid/File Photo SAN FRANCISCO/NEW YORK (Reuters) – Uber Technologies Inc [UBER.UL] plans to move ahead with a deal to bring in Japanese technology co... More »

Bookmark?Remove?

Uber told SoftBank about data breach before telling public

A photo illustration shows the Uber app on a mobile telephone, as it is held up for a posed photograph, in London, Britain November 10, 2017. REUTERS/Simon Dawson (Reuters) – Uber Technologies Inc said on Thursday that it discussed a massive data breach with p... More »

Bookmark?Remove?

Brazil speaker wants city rules for Uber, other car-hailing apps

An Uber driver cleans his car as his cell phone shows the queue to pick up passengers departing Guarulhos International Airport in Sao Paulo, Brazil, February 13, 2017. REUTERS/Nacho Doce BRASILIA (Reuters) – The head of Brazil’s lower house of Congress said o... More »

Bookmark?Remove?

Roku hits record high on Philips licensing deal

Roku Inc's shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year. More »

Bookmark?Remove?

U.S. junk bond sector ends rough week on calmer note

Cracks in the red-hot U.S. high-yield bond market are starting to widen, with two junk-rated companies pulling their deals on Friday and U.S.-based high-yield funds suffering their second consecutive week of cash withdrawals. More »

Bookmark?Remove?

Altice USA, Sprint agree to wireless partnership

U.S. cable operator Altice USA will sell mobile service on wireless carrier Sprint Corp's network under a new multi-year agreement announced on Sunday, becoming the latest firm to enter the wireless market in a bid to retain customers. More »

Bookmark?Remove?

Sprint, T-Mobile call off merger after months of talks

Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) said on Saturday they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. More »

Bookmark?Remove?

Exclusive: T-Mobile, Sprint plan merger without selling assets

T-Mobile U.S. Inc (TMUS.O) and Sprint Corp (S.N) plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according ... More »