PH Telco Giant PLDT Aims to Sell Almost 50% of Its Stake; $1 Billion Deal Now Being Finalized

A Philippine telco giant is planning to sell almost 50% of its business. It's now finalizing a $1 billion deal with a foreign entity.

AT&T, Verizon Customers Experience Outage Across US

Customers of AT&T and Verizon have experienced outages in several major US cities...

T-Mobile To Spend Over $4 Billion To Buy Majority of US Cellular's Wireless Operations—Here's Why

T-Mobile is willing to spend over $4 billion to buy most of the wireless operations of the US Cellular...

Australian Telco Giant Telstra to Cut 2,800 Jobs by End of 2024 to Keep on Competitive Landscape

Telstra announced that it will cut 2,800 jobs by the end of 2024, especially products and services in its enterprise business...

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Three Promised to Surpass Coverage Requirement After Acquisition of O2
CK Hutchison promise to extend coverage in the UK. European Commission are currently investigating whether to approve the acquisition or not.
US Government Granted ZTE Temporary Relieve on Export Restriction
United States gave a three-month reprieve for ZTE on export curbs imposed earlier this month. U.S. Commerce Department announced the decision on Tuesday.
U.S. Competes with China for Business and Influence in Cuba
China and U.S. has been competing for a place in the economy and politics of Cuba. China has been doing business with Cuba for several years and the U.S. is just making a start. The edge that Washingt
Optus Finally Spilled the Beans How Aussie Fans Can Watch EPL and World Cup
Optus at last revealed on how Aussie football fans will be able to watch their favorite game via live stream. It will team up with SBS to broadcast live streaming of their favorite team and players fr
Apple to Enhance Encryption Security for iCloud, Making Key for Data Inaccessible Even for Itself
Sources believe that Apple is trying to enhance its security for iCloud amid the legal dispute with the FBI. However, the tech giant will have its challenges to ensure security while retaining users c
Telstra Adds to Executive Lineups Former CEO's of Nokia, Optus
Telstra commits to be a complete technology company and hires the services of former Nokia CEO Stephen Elop and former Optus executive Kevin Russell. With the combined expertise of the two people, Tel
Altice FY15 adjusted EBITDA rises 17.6% helped by Portugal, France and US units
Altice reported a rise in 2015 adjusted profit as sales improved in its France business division. The company expects to report another profitable year in 2016 by focusing more on its core businesses.
US Imposed Sanctions on ZTE Corp for Export Violation to Iran
U.S. Commerce Department puts export restriction on ZTE for violating export restriction to Iran. Starting Tuesday, ZTE will not be able to acquire U.S. products without export license
Egyptian Billionaire Naguib Sawiris Will Finalize Acquisition of CI Capital Holding by the End of March
The acquisition will create a second largest investment bank in Egypt. Sawiris acquired CI Capital Holding with its investment arm, Orascom Telecom Media and Technology.
Bharti Airtel and Idea Cellular is Predicted to Face Challenge in 2016
Two of India's largest telecom operators Bharti Airtel and Idea Cellular have an increase revenue market share in 2015. However, Morgan Stanley predicted the companies will face substantial challenge
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