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...

Latest News

AT&T to spend $10 billion to expand its business solutions for customers worldwide
AT&T on Monday announced its intention to spend about $10 billion in order to provide its "integrated solutions" for enterprises globally. The company is also testing its 5G broadband services at ente
Nokia Said 5G Network May Be Available Before 2020
5G has become the highly anticipated high speed data transfer to support Internet of Things. On Sunday, Nokia CEO said that some part of the fifth generation network could be available sooner.
AT&T, Intel Team Up to Test Drone Technology for 4G Drone Connectivity
AT&T team up with Intel to test drone technology and adds 4G LTE on drones connectivity. The companies will showcase their work in Barcelona, Spain at the Mobile World Congress trade show.
Singapore-based Wavecell Scored $1.6 Million in Series A Funding
Wavecell is a startup company that focused on providing cloud communcation service. The company has just received its Series A Funding led by Qualgro Asean Fund.
Columbia Capital Closed $500 Million Venture Fund Targeting Internet Infrastructure
Columbia Capital closed its sixth fund on Tuesday. The firm will target internet infrastructure, mobile technology and cloud service.
Orange SA Needs More Weeks For Bouygues Deal
Along with reporting its fourth quarter performance, France telecommunication company Orange SA also report the acquisition plan. The company needs more weeks to have approval from antitrust authoriti
SoftBank to Buy back Already Sold Shares
The Japanese telecom giant, SoftBank, has announced buyback of shares amounting to $4.4 billion, its biggest repurchase ever. This move is a desperate attempt by the company to regain its footing afte
Vodafone to forge ties with Liberty Global for Dutch market
UK-based Vodafone and US cable group firm Liberty Global are combining their operations in Netherlands market to float a joint venture. The combined JV is expected to be operational by end of 2016. Vo
The Reason Behind Google's $1 Billion Investment in SpaceX Last Year
Google made a big investment last year to SpaceX, as a mean to help the company build space-based internet communication system. Meanwhile, SpaceX is scheduled to launched by February 24.
Singapore to Auction Radio Frequency, Singtel CEO Worried Competitor Focus on Price
The possible entry of a fourth mobile operator in Singapore due to the country's decision to auction radio frequency has caused much disquiet among the existing telecom operators. Among them, Singtel
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