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Samsung Electronics issued bullish earnings guidance for the final quarter of 2021, with operating profit expected to be 52.5 per cent higher year-on-year driven by strong demand for memory chips and a rebound in smartphone sales. The Korea-based consumer electronics giant estimated operating profit at KRW13.8 trillion ($11.5 billion), on revenue of about KRW76 trillion, […]

AT&T and prepaid subsidiary Cricket Wireless opened enrolment for a government subsidy programme covering internet and mobile service costs, bringing the operator broadly in line with rivals Verizon and T-Mobile US. Customers approved for the Affordable Connectivity Programme (ACP) will gain access to a free prepaid mobile plan offering 5GB of data per month, with

Ooredoo Group and CK Hutchison combined their respective units in Indonesia after receiving regulatory clearance for the transaction, a move the two claimed created a world-class digital telecoms player. The $6 billion tie-up brings together operators Indosat Ooredoo and Hutchison 3 Indonesia (H3I). The resulting business trades as PT Indosat Ooredoo Hutchison and becomes the

Huawei rotating chairman Guo Ping (pictured) highlighted the positives in an annual internal New Year’s message, noting its carrier business remained stable and enterprise segment booked solid growth in 2021, but total revenue was expected to drop 28.9 per cent year-on-year to CNY634 billion (US$99.9 billion). Turnover in the final quarter continued to be hammered

Qualcomm VP of engineering Juan Montojo told Mobile World Live (MWL) the inaugural standard release of 3GPP 5G Advanced specifications would boost network efficiency and effectiveness, as part of broader industry consideration of emerging and evolving technologies. Plans the 3GPP is considering for Rel-18 include sleep modes for base stations when not transmitting and power

Verizon detailed plans to add Google Cloud to network edge locations to enable enterprise applications requiring low latencies. The companies explained the collaboration will enable a range of industries to combine 5G and mobile edge compute. Google Cloud CEO Thomas Kurian highlighted AI-powered retail operations and live inventory management as examples of the services the

Satellite service provider Intelsat secured approval from a US court to push ahead with a financial restructuring plan which will see the company more than half its debt load and emerge from bankruptcy protection in early 2022. Intelsat entered bankruptcy protection in May 2020 and first submitted its proposal in February this year as it

The Federal Communications Commission (FCC) proposed revisions to rules governing non-geostationary (GEO) satellites, potentially making it easier for newcomers to operate Low Earth Orbit (LEO) birds. A Notice of Proposed Rulemaking (NPRM) adopted today (14 December) proposes ending interference protections granted to existing operators of non-GEO satellite services. The agency is seeking public feedback on

T-Mobile US CEO Mike Sievert (pictured) announced a company-wide minimum wage policy, stating all domestic employees will earn at least $20 per hour. In a blog post, Sievert explained the new policy will apply to full- and part-time staff, and most employees already earn more than $20 per hour. The operator reported 75,000 employees in

Saudi Arabia’s Public Investment Fund (PIF) detailed plans to sell a 5 per cent stake in operator STC, progressing a strategy announced earlier this year to cut its share while maintaining a controlling interest in the company. The fund will offer more than 100 million shares to institutional and retail investors in Saudi Arabia and