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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T-Mobile US (TMUS.O) named Nokia to supply it with $3.5 billion in next-generation 5G network gear, the firms said on Monday, marking the world’s largest 5G deal so far and concrete evidence of a new wireless upgrade cycle taking root. No.3 U.S. mobile carrier T-Mobile - which in April agreed…

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Eutelsat Communications has signed a multi-year, multi-transponder contract with Media Group Ukraine for broadcasting services on its EUTELSAT 9B satellite. Leveraging the EUTELSAT 9B satellite’s dedicated coverage over Ukraine, Media Group Ukraine will broadcast “Xtra TV”, one of the country’s leading pay-TV platforms, with an enhanced offer of over 60…

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The New York State Public Service Commission said on Friday it revoked its approval of the 2016 merger agreement between Charter Communications Inc (CHTR.O) and Time Warner Cable, saying Charter failed to build out its network for enough homes and that the company must end its operations in the state.…

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China’s Huawei Technologies [HWT.UL] said on Thursday it will increase its annual spending on research and development (R&D) to between $15 billion and $20 billion, as it races to be a global leader in 5G technology. Huawei, which previously pledged to invest $10 billion to $20 billion annually on R&D,…

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Newspaper publisher Fairfax Media Ltd  said on Thursday it had agreed to a A$2.16 billion ($1.6 billion) buyout from television network Nine Entertainment Co Holdings Ltd , in one of the biggest shake-ups in Australian media for decades. The deal marks the end of an era for the 177-year-old publisher…

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Brazilian telecommunications regulator Anatel will officially authorize on Monday the use of the 700 MHz radio frequency band for 4G wireless data services in Sao Paulo, South America’s largest city, the watchdog said on its website. The authorization of the spectrum was long expected, but will nonetheless be welcomed by…

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Cox Enterprises, Inc. announced today that it is exploring strategic options for its ownership or other interest in 14 broadcast television stations, including partnering or merging these stations into a larger TV company. "We didn't take this decision lightly. It is clear that scale is critical for TV affiliates to…

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Chinese telecom gear maker ZTE Corp has resumed its business and operations in India from last week, and is hopeful of recovering the losses that the Indian unit incurred due to the ban by the US government. The recent US ban had led to the Chinese network gear maker suspending…

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Sweden’s Telia Company announced a $1 billion deal to buy Bonnier Broadcasting on Friday, its second major acquisition in a week as the top Nordic telecoms operator looks to expand its media business. Bonnier Broadcasting, owned by a prominent Swedish family, includes brands such as Swedish TV4 and streaming service…

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Telia Company said on Friday it had signed a deal to buy Bonnier’s Broadcasting business, in line with its strategy to focus on Nordic core markets while exiting its Eurasian businesses. The Nordic and Baltic telecoms operator - which earlier this week announced the acquisition of TDC’s Norwegian business in…