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Beijing pushes major Chinese telcos to raise dividends

Muhammad Zulhusni — Thu, 22 Aug 2024 11:54:27 +0000

Three major Chinese telcos are dramatically changing their financial strategies and shifting from reducing capital costs to offering higher dividend yields. As reported by Nikkei Asia, this shift is linked to the increasing interest from the Chinese government in the performance of the stock market and its directive to accord more importance to shareholder returns... Read more »

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Bharti Enterprises to acquire majority stake in BT

Ryan Daws — Mon, 12 Aug 2024 08:39:14 +0000

Bharti Enterprises has announced plans to acquire a majority stake in BT, the UK’s largest broadband and mobile provider. Bharti will purchase approximately 24.5% of BT Group from its current top shareholder, Altice. The acquisition will be executed through Bharti Global, the international investment arm of Bharti Enterprises. Sunil Bharti Mittal, Founder and Chairman of... Read more »

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Huawei’s upcoming chip may break China’s 7nm barrier

Dashveenjit Kaur — Wed, 07 Aug 2024 12:15:07 +0000

Chinese tech giant Huawei continues to defy expectations, steadily reclaiming its position in the global smartphone market despite weathering over five years of stringent US sanctions. Showcasing remarkable resilience and innovation, the company’s recent chip development and smartphone sales advances paint a picture that transcends mere corporate resilience. Huawei’s journey through the sanctions storm began... Read more »

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Ofcom tightens rules to combat foreign scam calls

Ryan Daws — Tue, 30 Jul 2024 10:37:25 +0000

Ofcom, the UK’s communications regulator, has introduced new measures to protect consumers from scam calls originating overseas. The strengthened industry guidance, announced today, requires phone companies to block calls from abroad that falsely display UK landline numbers. This move aims to tackle a common tactic used by fraudsters who ‘spoof’ trusted phone numbers to deceive... Read more »

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Vivo leads, Apple falls: The changing face of China’s smartphone industry

Dashveenjit Kaur — Tue, 30 Jul 2024 10:34:11 +0000

China’s smartphone market has dramatically transformed, with domestic brands now reigning supreme in the world’s largest mobile market. For the first time in recent times, Apple has been edged out of mainland China’s top five vendors list. According to the latest market research firm Canalys report, local Chinese manufacturers have achieved an unprecedented feat, securing all five... Read more »

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Samsung ditches its stock Messages app to boost RCS adoption

Ryan Daws — Wed, 24 Jul 2024 15:14:26 +0000

To accelerate the adoption of Rich Communication Services (RCS), Samsung has decided to drop its stock messaging app in favour of Google Messages on some of its latest devices. This change was first noticed on phones running One UI 6.1.1 out of the box, which didn’t come with Samsung Messages pre-installed in certain countries. Responding... Read more »

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Ofcom cracks down on unpredictable telecom price hikes

Ryan Daws — Fri, 19 Jul 2024 17:08:01 +0000

Ofcom, the UK’s communications regulator, will require telecoms providers to clearly state any price increases in pounds and pence upfront, giving customers more certainty about their monthly outgoings. The new regulations are set to take effect from 17 January 2025 and come in response to the growing trend of major UK phone, broadband, and pay... Read more »

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AT&T data breach affects 109 million US customers

Muhammad Zulhusni — Tue, 16 Jul 2024 14:30:32 +0000

AT&T has disclosed a significant cybersecurity incident that has sent ripples through the security and tech communities. The breach, which occurred in April, resulted in the unauthorised access and download of data from approximately 109 million customer accounts, primarily consisting of call and text records from 2022. Scope and nature of the breach According to... Read more »

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Apple issues spyware warnings to iPhone users across 98 countries

Muhammad Zulhusni — Mon, 15 Jul 2024 11:05:38 +0000

So far, Apple has issued a new round of threat notifications to iPhone users in 98 countries, informing them that mercenary Pegasus spyware may be used on their phones. This is the second such notification campaign from the tech giant this year, following a similar effort in April that reached users in 92 countries. As... Read more »

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Bridging the digital divide: How a coalition is tackling smartphone affordability

Dashveenjit Kaur — Fri, 12 Jul 2024 11:46:21 +0000

The digital divide, a chasm that has long separated billions from the opportunities of the internet age, may soon begin to narrow. This week, the GSM Association (GSMA) announced the formation of the “Handset Affordability Coalition,” a pioneering alliance of mobile operators, device manufacturers, international organisations, and financial institutions. This global initiative aims to revolutionise... Read more »

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