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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 […]

Google reportedly postponed plans to require employees to return to offices amid concerns about Covid-19 (coronavirus). CNBC reported Google’s VP of global security Chris Rackow emailed full-time staff yesterday (2 December) explaining the company would take a decision in 2022 on implementing a hybrid work model which will require staff to be in the office

MTN Group and Airtel Africa’s local units were approved by Nigerian authorities to take part in a forthcoming 5G spectrum auction, with wholesale player Mafab (MFB) Communications the only other qualified bidder. In a statement, the Nigerian Communications Commission (NCC) explained the three had met its criteria for participation and paid the required deposit. The

Orange announced CEO Stephane Richard (pictured) is to leave the company by the end of January 2022, bringing down the curtain on 11 years at the helm after he was handed a one-year suspended prison sentence related to his time as part of the French government. In a statement, Orange disclosed that, following the verdict

Members of the US tower construction industry warned of dire consequences if the nation’s President implements tougher Covid-19 (coronavirus) requirements, adding to a shortage of staff currently estimated to stand at 15,000. In press meetings, the Communications Infrastructure Contractors Association (NATE) expressed concerns over a plan to require companies with more than 100 staff to

Vodafone Group announced a move to transfer its 55 per cent holding in Vodafone Egypt to its sub-Saharan Africa subsidiary Vodacom in a deal valued at €2.4 billion, as it looks to simplify management of its businesses in the continent. In a statement, Vodafone said around 80 per cent of the deal would be settled

Google changed its in-app payment policies in South Korea to allow developers to provide third party options within the country, complying with a law passed earlier this year. In a statement Google senior director of public policy Wilson White announced the move alongside reiterating the benefit of having payments processed using its own system. Under

Facebook is changing its company name as it shifts its focus to the “metaverse” and confronts wide-ranging scrutiny of the real-world harms from its various platforms after a whistleblower leaked hundreds of internal documents. Founder Mark Zuckerberg said Thursday that Facebook will change its corporate name to Meta, effectively demoting Facebook’s namesake service to being

Facebook CEO Mark Zuckerberg used its Q3 earnings call to address challenges confronting the company and noted it is growing despite these major obstacles. The executive referenced recent changes made by Apple to protect user privacy, which make it much harder for Facebook and other services to deliver targeted advertising. “As expected, we did experience

LIVE FROM MWC21 LOS ANGELES: Industry group GSMA put a spotlight on the resilience demonstrated by the mobile sector during the ongoing Covid-19 (coronavirus) pandemic, highlighting progress made towards digital transformation through accelerated 5G uptake in North America. In the 2021 North America Edition of the GSMA’s Mobile Economy report series, released today (26 October),