Blockchain technology progresses across key industries notably telecommunication
Thursday, 21 February 2019
We have seen significant progress towards developing the blockchain technology in recent weeks. Financial institutions and governments which were initially the main opponents have now turned out to be the leading proponents of the blockchain technology. The research on blockchain applications has now started spreading across almost all industries and supported by leading multinationals and
- Published in Telecom
Opportunity Assessment of Blockchain Technology in the Telecom Industry
Wednesday, 06 February 2019
The telecom industry has been providing almost all the necessary infrastructure for the blockchain technology to operate. The technology itself is in a very nascent and untested stage, and there is no real-life example of its applications on a scale, except crypto business. Besides the finance industry, where cryptocurrencies storm the world, there is comparatively
- Published in Telecom
Lingo finalised the acquisition of Impact Telecom
Wednesday, 09 January 2019
Lingo Communications closed its acquisition of Impact Telecom in an all-cash transaction. The expected revenue of the combined company is to be approximately $168 million, and the adjusted EBITA will be approximately $26 million. The acquisition created an opportunity to combine both companies network infrastructure into one giant IP-based UC network and an FG-D network
- Published in Telecom
China’s Huawei faces new bans and challenges in the European telecom market
Thursday, 03 January 2019
China’s Huawei continued to be in hot water as some of the European countries are also avoiding the use of Huawei’s equipment due to security concerns and over spying doubts. Like the US, Australia and New Zealand, European countries are also taking the issue seriously given that in the future 5G technology will play a
- Published in Telecom
New Zealand bans Huawei from 5G roll-out
Thursday, 13 December 2018
New Zealand’s national security agency Government Communications Security Bureau (GCSB) bans Spark NZ (New Zealand Telecommunication Company) from using China’s Huawei equipment and services in its new 5G roll-out. The agency considered Huawei equipment and services as a security risk to its country. Huawei and Spark have been in partnership for approximately four years under
- Published in Telecom
Huawei and CTR to complete Chilean undersea cable project by Q3 2019
Wednesday, 21 November 2018
Huawei and CTR (Computing-Tabulating-Recording Company) become partners for deploying submarine cable in the Fiber Optic Austral (FOA) project. This will connect the three southern regions in Chile known as Las Lagos, Aysén and Magallanes. In March 2018, the Chilean government announced the investment by connecting these regions for which Huawei and CTR agreed. Huawei is
- Published in Telecom
Italian 5G tender closes at € 6.55 billion
Friday, 05 October 2018
After 14 days of the competitive bidding process, Italy’s Ministry of Economic Development announced the completion of its national 5G spectrum tender. The bidding reached €6.55 billion which was € 4 billion more than its minimum reserved price of €2.5 billion. The range of bands in which the spectrums have been offered included 694-790MHz, 26.5-27.5GHz
- Published in Telecom
Opportunity Assessment of Blockchain Technology in the Automotive Industry
Wednesday, 03 October 2018
Based on distributed ledger system, blockchain is a new and emerging technology which is ready to play its role in the automotive industry through its various applications. The technology is shifting control from the central operating system to end users. It is considered a secure mechanism for performing transactions with intermediaries gets eliminated. Decentralisation is
- Published in Automotive
Applications of Blockchain Technology in the Energy Market
Thursday, 20 September 2018
Blockchain technology is an emerging IT-driven development supported by cryptography. The technology is considered one of the biggest transforming mechanisms expected to change the face of various industries in the coming years. Decentralisation is the main attribute behind the blockchain technology which is not only providing power to all market participants but also increasing the
- Published in Energy
Airtel and Telecom Egypt joins hands for global submarine cable systems
Thursday, 16 August 2018
India’s Bharti Airtel and Egypt’s Telecom Egypt made a strategic partnership under which Airtel will get the right to use submarine cable networks of MENA and TE North. The network stretches from Cyprus to France via Egypt. The cable system connects different countries like Italy, Greece, Egypt, Saudi Arabia, Oman, India and Hong Kong, and
- Published in Telecom
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