telecom

Rakuten Mobile To Acquire InnoEye To Expand Cloud Network Services

Rakuten Mobile To Acquire InnoEye To Expand Cloud Network Services
Rakuten Mobile To Acquire InnoEye To Expand Cloud Network Services
May 13, 2020  |  Partnerships / Acquisitions

Rakuten Mobile Inc., a Tokyo internet services provider, plans to acquire InnoEye, an engineering technology company based in Virginia, per a company statement. Terms of...

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Pandemic Prompts Ericsson To Up 5G Projections
Pandemic Prompts Ericsson To Up 5G Projections
May 11, 2020  |  Mobile

The pandemic has prompted Stockholm-based telecommunications technology firm Ericsson to up its forecast for worldwide 5G subscriptions to 2.8 billion by 2025, the company said...

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Private Equity Co. Eyes Investing In India’s Jio Platforms
Private Equity Co. Eyes Investing In India’s Jio Platforms
May 10, 2020  |  Investments

General Atlantic (GA) is said to be negotiating an $850 million to $950 million deal for a stake in the Indian telecom company Reliance Jio,...

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India’s Jio Gets $750M Boost From Silver Lake
India’s Jio Gets $750M Boost From Silver Lake
May 04, 2020  |  Investments

Private equity firm Silver Lake is investing $750 million in India’s telecommunications giant Jio Platforms, according to a report in the Wall Street Journal on...

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Facebook Closes $5.7B Deal For Stake In India’s Reliance Jio
Facebook Closes $5.7B Deal For Stake In India’s Reliance Jio
April 22, 2020  |  Facebook

Facebook closed a $5.7 billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant...

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Fed Asks Banks To Be Lenient With Lending
Fed Asks Banks To Be Lenient With Lending
March 13, 2020  |  Coronavirus

The U.S. Federal Reserve is reportedly talking to lenders and saying that if they go through their liquidity reserves while helping customers there won’t be...

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Telecom Axiata Seeks Partnership For Malaysian Digital Banking License
Telecom Axiata Seeks Partnership For Malaysian Digital Banking License
February 21, 2020  |  Digital Banking

Axiata Group, a Malaysian telecom firm, has been in talks with as many as 11 different partners to bid for a digital banking license in...

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EU Countries Gain Ability To Exclude ‘High-Risk’ 5G Suppliers
EU Countries Gain Ability To Exclude ‘High-Risk’ 5G Suppliers
January 23, 2020  |  Regulation

New guidelines from the European Union (EU) allow for countries to restrict or exclude “high-risk” 5G providers from important parts of their telecom networks, according...

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Indian Telecom Provider Reliance Jio To Roll Out UPI Payments
Indian Telecom Provider Reliance Jio To Roll Out UPI Payments
January 21, 2020  |  Payment Methods

Indian telecom operator Reliance Jio, the largest in the country, is entering the Unified Payments Interface (UPI) space to compete alongside rivals, reports said on...

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