6 February 2019

Latest Telecom Sector News

Investment in the UK blockchain technology market increased in 2018

(Europe): Technology investment remained high in the UK compared to other European countries in 2018, according to figures released by London & Partners and PitchBook. Record investment was registered in areas like big data, artificial intelligence (AI) and blockchain technology. The UK’s firms received £200 million VC funding (venture capital funding) for developing blockchain technologies and cryptocurrency which increased from £19.11m in 2017 and £51.96m in 2016.

Zain KSA tested MIMO on TD-LTE network

(Asia): Zain KSA, a Saudi Arabian telecommunication company, conducted a pilot test of MIMO (multiple input multiple output) using 2.6 GHz spectrum on its TD-LTE (Time Division- Long-Term Evolution) network. Nokia’s 5G-ready AirScale massive MIMO antenna was used during the test for improving the capacity of the network and to provide a high speed of about 700 Mbps per user. The antenna can potentially support conversion to 5G and the LTE and 5G coexistence on 2.6 GHz band.