‘Petya’ is the second global ransomware attack to occur in just two months following the infamous WannaCry attack in May 2017. Companies around the world have been crippled by the latest Petya attack, which first appeared on June 28. The Ukraine government was severely hit, as were banks and electricity grids, and other companies in France, Denmark and the State of Pennsylvania.

Read more: Second global ransomware attack in two months sparks mayhem

Chinese smartphone maker OPPO announced that it has partnered with renowned research center NYU WIRELESS at the NYU Tandon School of Engineering to sponsor research aimed at creating the next generation of wireless technologies.

Read more: Chinese smartphone firm Oppo to collaborate with NYU on 5G development

Australia is introducing a 10 percent goods and services tax (GST) for the streaming service Netflix which will come into effect from July 1. It’s the first time such a tax will be applied to digital products and services purchased in Australia from overseas companies.

Read more: Australia to implement 10 percent ‘Netflix Tax’

ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that it has become the first vendor to conduct the 26 GHz high-frequency field test in the second phase of China's 5G test in Huairou, Beijing.

Read more: ZTE conducts 26 GHz high-frequency field test in second phase of China’s 5G program

China Unicom has identified IoT as its key focus area in order to drive future revenue growth. However, despite China Unicom enjoying growth in mobile traffic, the organization expects to see mobile traffic growth decline significantly in the next number of years and will focus on IoT applications.

Read more: MWC Shanghai 2017 - China Unicom identifies IoT to drive future growth

Australia’s largest operator Telstra has stunned its workforce after publicly announcing it plans to reduce its workforce by cutting 1,400 jobs over the next six months. Trade Unions in Australia have described the decision by the telecommunications operator as an ‘ambush’ on workers. Telstra CEO, Andy Penn has said that the organization needs to streamline its operations after becoming under increased competition which has affected its earnings significantly.

Read more: Australia’s largest mobile operator cuts 1,400 jobs due to increased competition

India’s telecommunication sector has requested government intervention in relation to the GST (Goods and Services Tax) which is set to be introduced on July 1st. India, which is home to one of the most competitive and volatile telecoms markets in the world – has called for the government to lower GST tax attributed to telcos in order to restore the financial health of the sector.

Read more: Indian telcos request government intervention on GST, claiming sector needs urgent rescue

The world’s mobile industry has signed up its 5 billionth unique mobile subscriber, according to real-time data from GSMA Intelligence, the research arm of the GSMA. The 5 billion milestone means that more than two-thirds of the global population is now connected to a mobile service. It has taken four years to add the latest 1 billion subscribers.

Read more: Worldwide mobile subscribers hits 5 billion, says GSMA

Singapore-based telecom operator Singtel and SingPost announced the launch of a nationwide recycling program in conjunction with World Environment Day. ReCYCLE, Singapore’s largest electronic waste (e-waste) recycling program by reach, encourages people to dispose their redundant mobile or internet-related devices at ReCYCLE bins or by mailing them through any post box.

Read more: Singtel and SingPost launch nationwide e-waste recycling program

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