Beijing pushes major Chinese telcos to raise dividends

Beijing pushes China Telecom, China Mobile to raise dividends

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 within state-owned enterprises.

China Telecom followed this logic but took it a step further, as interim...

22 August 2024 | 5G

Telcos urged to embrace horizontal strengths in B2B sales

Telcos are encouraged to leverage their core strengths in connectivity and data services to drive B2B sales, rather than chase vertical specialisation.

Research firm GlobalData argues that while there is a temptation for telcos to deepen sector-specific partnerships, this often leads to unrealistic expectations and costly strategic readjustments. 

“Over three decades of working with telcos, GlobalData has seen many ambitious statements about building up expertise...

21 August 2024 | Operators

Huawei eyes Asia-Pacific growth with AI cloud services

Huawei eyes Asia-Pacific growth with AI cloud services

Huawei is eyeing the Asia-Pacific as a prime market for its AI offerings, buoyed by the 20-fold expansion of its public cloud service in the region over the past four years despite US-led sanctions.

Jacqueline Shi, President of Global Marketing and Services at Huawei Cloud, announced at a Bangkok media briefing on August 15th: "For our next step in the region, we will continue to provide comprehensive AI solutions." These include the Ascend Cloud Service, the ModelArts AI...

20 August 2024 | Networks

SK Telecom and Nokia introduce fibre environment sensing

SK Telecom and Nokia are joining forces to implement fibre sensing technology, an innovative approach to detecting environmental changes that could affect optical cables in fixed networks.

This collaboration aims to enhance network safety and prevent potential damage by monitoring earthquakes, climate changes, and construction-related issues near fixed networks.

This partnership will utilise machine learning tools to process and analyse data generated by commercial...

19 August 2024 | Broadband

UK Government pledges £800M towards rural broadband upgrade

Hundreds of thousands of homes and businesses across rural Britain, long plagued by sluggish internet speeds, are set for a major connectivity upgrade as the UK Government pledges up to £800 million to modernise broadband infrastructure.

For the first time, Wales – currently lagging behind with the lowest percentage of gigabit coverage – will benefit from the scheme. Remote areas such as the South Wales Valleys, Exmoor National Park, and the Forest of Bowland will finally...

13 August 2024 | Broadband

Bharti Enterprises to acquire majority stake in BT

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 Bharti Enterprises, commented on the historical significance of this move: "Bharti and BT have an...

12 August 2024 | 5G

China launches first batch of ‘Starlink rival’ satellites

China is a step closer to establishing its own version of Starlink with the successful launch of 18 “Qianfan” satellites aboard a Long March-6 carrier rocket. The launch took place on Tuesday from the Taiyuan Satellite Launch Center in Shanxi Province.

These satellites represent the first instalment of the ambitious Qianfan megaconstellation project, also known as G60. Unveiled in 2023, the project aims to provide comprehensive and high-quality communication services to users...

8 August 2024 | Hot Topics

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

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 in 2019 when the Trump administration, citing national security concerns,...

7 August 2024 | China Mobile

NATO funds satellite backup for subsea internet cables

A NATO-backed initiative is looking to bolster the internet's resilience against disruption by quite literally taking things to the next level: space.

The ambitious £2 million project – dubbed HEIST (Hybrid Space/Submarine Architecture Ensuring Infosec of Telecommunications) – received the greenlight on 31 July 2024, with partial funding coming from NATO’s Science for Peace and Security (SPS) programme.

The goal of the project is to create a space-based safety net...

7 August 2024 | Broadband

Ericsson scoops Red Dot Award for RAN automation UI

Ericsson has been recognised for its RAN automation UI, winning the prestigious Red Dot Award for Design Concept 2024 in the ‘Interaction, UI, and User Experience’ category. The award celebrates Ericsson’s work on the user experience for its rApps portfolio, a suite of RAN automation applications built on O-RAN Alliance standards.

Ericsson’s winning design centres around the UI of its AI-powered rApps, developed by the company’s Cognitive Network Solutions division....

5 August 2024 | 5G