NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Hunan TV & Broadcast Intermediary Co Ltd says plans to invest up to 300 million yuan ($46.68 million) in project fund aimed at taking Qihoo 360 technology private.   reuters.com

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Vodacom said on Tuesday it would not buy Neotel's highly sought-after frequency network and would offer roaming deals to rivals to get a $500 million takeover of the fixed-line operator approved by South Africa's competition watchdog. The unit of Britain's Vodafone made the changes to the deal after the Competition…

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A northern Indiana company that provides equipment and services to the telecommunications industry plans to expand its Warsaw operations and eventually add 140 new workers. KGP Logistics announced Monday that it would open a second Warsaw location in January, adding 75 assembly jobs across two shifts. The Journal Gazette reports…

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Vodafone India on Tuesday entered the 4G services arena, starting with Kochi, as it looks to take on market leader Bharti Airtel and the upcoming launch by Reliance Jio Infocomm. The country’s second largest mobile operator will shortly launch the services in Trivandrum and Calicut. While, it plans to launch…

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Mobile phone service providers using GSM technology have urged the telecom regulator not to go ahead with its proposal to count all frequencies under 1 GHz as one frequency for calculating the 50% cap on spectrum holding in a band, saying it could lead to 'monopolisation' by a single operator.…

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CCL to continue with its growth plans, now supported by Spark New Zealand resources and capability. Spark New Zealand has today announced it has signed a conditional agreement to acquire privately-owned South Island based IT infrastructure and professional services company Computer Concepts Limited (CCL) for $50 million. The acquisition will…

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France's largest telecom operator, Orange SA, is in talks to buy telecommunication and media assets from Bouygues SA, Bloomberg reported on Monday, citing sources. Bloomberg said a tie-up with its domestic rival was among several possibilities the French carrier was considering. ( bloom.bg/1PRneV1 ) Orange and Bouygues both declined to…

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Sinclair Broadcast Group, Inc., the owner of the most local TV stations in the country, has purchased and next spring will relaunch the defunct mobile news site Circa, the company announced Monday. Sinclair has hired John Solomon, formerly the vice president for content and business development for The Washington Times,…

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Telecom Italia has stepped up spending on modernising its networks to exploit growing demand for broadband services, it said on Friday, as it prepares for a changing mobile market with the merger of rival network operators Wind and 3 Italia. In the first set of results since Vincent Bollore's French…

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Tegna said it reached a retransmission consent deal with AT&T that means subscribers of DirecTV and U-verse sufferered no interruption of service. The companies' previous agreement expired Thursday night, and the two sides agreed to an extension and continued negotiations. Tegna, formerly Gannett, has 46 TV stations including major network…