Operator chief brands UK 5G rank abysmal
CEO of 3 UK Robert Finnegan continued to use its financial results statements to pitch the argument a merger with Vodafone’s local unit would boost 5G investment, as he slammed the availability and performance of the technology in the country compared with European peers.
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ZTE breaks 30Gb/s in Malaysian 5G-Advanced trial
ZTE, CelcomDigi and U Mobile registered mobile data rates of 30.8Gb/s during a trial of 5G-Advanced, claiming a global record.
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DigitalBridge to acquire JTower
US-based investment company DigitalBridge made an offer to take Japanese infrastructure company JTower private in a deal Bloomberg estimates is valued at JPY93 billion ($631.2 million).
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Singtel profit jumps on one-off gain
Singtel kicked off its fiscal year 2025 on an upbeat note, with profit rebounding and steady revenue growth across all business units in the three months to end-June.
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Tencent discussing revenue-share deal with Apple
Tencent revealed it is holding talks with Apple about sharing revenue from its Mini Games, as the Chinese giant announced a surge in net profit in Q2 fuelled by a recovery in domestic gaming revenue and continued gains in online advertising.
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Apple plots third-party payment move
Apple detailed plans to unlock its tap-to-pay technology to third parties in an upcoming release of iOS 18.1 after years of increased scrutiny from regulators.
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Cisco cuts 7% of staff, realigns portfolio
Cisco announced a restructuring plan which involves cutting its global staff of 90,400 by 7 per cent, a loss of more than 6,300 jobs, while CEO Chuck Robbins explained a move to bring its networking, security and collaboration teams under one umbrella.
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Intel sells stake in Arm as part of restructuring plan
Intel sold its 1.18 million share stake in UK-based chip design company Arm as part of a $10 billion cost savings and restructuring plan, Bloomberg reported, citing a regulatory filing.
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