Japanese conglomerate SoftBank is set to shake up the Indian e-commerce industry as speculation increases that it wants to become a consolidator and engage in a more active role at a trio of leading start-ups. SoftBank has already flexed its financial muscles in the Indian e-commerce market, with the firm already investing around $2 billion in a number of e-commerce businesses over the last number of years.
Telecom Review Asia Pacific - Telecom Industry News
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, is pleased to announce the appointments of two company experts to key study groups on the development of Internet of Things (IoT) technologies under the ITU Telecommunications Standardization Sector (ITU-T).
Sony Mobile Communications has shown strong global financial performance by reporting a profit of 10.2 Billion Yen (US$ 91 Million) this year, as per financial results from the company.
ZTE Corporation, a major international provider of telecommunications and consumer technology solutions for the Mobile Internet, today announced a plan to issue stock options to more than 2,000 employees as incentives, in a program tied to the company’s financial performance.
PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider, and Caton Technology Corp. (Caton), a technology provider of advanced video transmission and managed file transfer solutions, will work together to deliver to international viewers the exciting 29th Summer Universiade, a global student sporting and cultural event to be hosted by Taipei, Taiwan in August.
ORDS– has announced its plans to proceed with a listing of Ooredoo Maldives shares on the Maldives Stock Exchange on 30 April 2017, and it will offer 40% of the company shares for subscription.
Axiata Group Berhad (“Axiata”) through its wholly owned subsidiary, Axiata Business Services Sdn Bhd (“Axiata Business Services’) announced it has signed a four-year, multi-transponder contract for leased capacity and teleport services with IPSTAR International Pte Limited (“IPSTAR”), a subsidiary of Thaicom Public Company Limited (“Thaicom”).
South Korea’s SK Telecom announced that it signed a Memorandum of Understanding (MOU) with Bluebell Korea to cooperate for the development of new business opportunities by bringing cutting-edge ICT to the luxury retail industry.
IDC recently published a MarketScape report titled IDC Telecom MarketScape for Next-Generation Service Providers 2016-17, which evaluates the leading regional and global telecommunications service providers (SPs) in Asia-Pacific. According to the report, AT&T, BT, Orange, and Singtel were identified as “Leaders” of the next-generation telecom service providers in the region along with plenty of challengers in the market.
In a significant regulatory milestone, the Army Corps of Engineers (ACE) has announced its approval of the last remaining major permit needed to begin deployment of Docomo Pacific, Inc’s ATISA submarine fiber-optic cable system.