Financials
Spitfire Capital buys $28m stake in GTT Communications
Spitfire Capital now holds a total of 1,364,832 shares of GTT, valued at $28m, which makes 11.91% of Spitfire’s portfolio.
At the same time the Teacher Retirement System of Texas also boosted its stake in GTT in the latest quarter...
Financials
Telekom Malaysia to spend $390m on mobile unit
Telekom Malaysia is planning to spend the equivalent of $390 million on its 4G mobile operation, which it launched in August under the name Webe.
The company first invested in a 55% stake in the operator, then a fixed wireless...
Internet
Extreme Networks Recognized as a Visionary in the 2016 Gartner Wired and Wireless Access LAN
Extreme Networks, Inc. announced that for the second consecutive year, it has been positioned the furthest to the right by Gartner, Inc. in the "Visionaries" quadrant in the Magic Quadrant for Wired and Wireless LAN Access Infrastructure. In addition...
Broadcasting
Ericsson delivers world’s first 5G NR radio for massive MIMO
Ericsson is commercializing the world’s first 5G NR radio for massive MIMO, with the first deployments coming in 2017. Together with the Ericsson 5G Plug-Ins announced in June and Ericsson’s already commercially available Radio System Baseband 5216, which currently...
Messaging
WhatsApp stretches definition of improved customer experience
WhatsApp has announced it will be changing its terms and conditions which will see it share user data with Facebook, allowing the parent company to hone its advertising.
Updating the terms and conditions should not come as a surprise, the...
Big Data & Analytics
Telenor supports Norwegian entrepreneurship and artificial intelligence research
In collaboration with the Norwegian University of Science and Technology (NTNU) and the leading research institute SINTEF, Telenor will establish a lab focused on artificial intelligence and big data at NTNU in Trondheim, Norway. As the second initiative, Telenor...
Equipment
Lava International plans to commission new projects by 2018
Mobile phone maker Lava International Ltd is hoping to complete its proposed new plant projects by 2018 while commissioning its design centre by the end of 2017
"We are looking at 2018 to commission our new plants. Meanwhile by...
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