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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Swedish telecom operator Telia Company  said on Tuesday it was buying operator TDC’s Norwegian business for 21 billion Norwegian crowns ($2.60 billion) in a deal that would boost its broadband and TV offering. Telia said the acquisition would make the company a “strong challenger” in mobile, TV and broadband. Norway…

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South Africa-based mobile telecommunications company MTN Group Ltd said on Monday its Dubai subsidiary sold its Cyprus business to Monaco Telecom S.A for 260 million euros($304 million). Africa’s biggest mobile telecoms group said that as part of the deal to sell MTN Cyprus it would allow the use of the…

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Britain finally cleared Rupert Murdoch to buy Sky (SKYB.L) on Thursday, removing the final obstacle to a head-to-head battle between Murdoch’s Twenty-First Century Fox (FOXA.O) and U.S. rival Comcast for the European pay-TV prize. Culture Secretary Jeremy Wright said: “It is now a matter for the Sky shareholders to decide…

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Britain finally cleared Rupert Murdoch to buy Sky on Thursday, removing the final obstacle to a head-to-head battle between Murdoch’s Twenty-First Century Fox  and U.S. rival Comcast  for the European pay-TV prize. Culture Secretary Jeremy Wright said: “It is now a matter for the Sky shareholders to decide whether to…

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Comcast Corp on Wednesday raised its all-cash offer for Britain’s Sky (SKYB.L) to $34 billion, topping a raised bid of $32.5 billion for the pay-TV group from Rupert Murdoch’s Twenty-First Century Fox  Fox, which has been trying to buy the pan-European group since December 2016, offered to pay 14 pounds…

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Rupert Murdoch’s 21st Century Fox has raised its offer for Britain’s Sky in an agreed deal valuing the pay-TV group at $32.5 billion, seeing off rival bidder Comcast for now. Fox, which has been trying to buy the pan-European group since December 2016, has offered to pay 14 pounds per…

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Twenty-First Century Fox Inc is preparing a new bid for Sky Plc that values it at about 25 billion pounds ($33.14 billion) to top the offer it has received from Comcast Corp , the Financial Times reported on Monday. Fox’s offer is expected to be at a premium to Comcast’s…

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The Portuguese unit of telecoms firm Altice, the country’s largest operator, is working with Chinese electronics giant Huawei to make Portugal a leader within Europe in the development and roll-out of next-generation 5G networks. “I believe that the Portuguese market will be one of the first globally to be able…

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Cellcom Israel Ltd  announced today that following the Company's previous reports regarding a frequencies migration the Company shall be required to execute to accord to European standards, the Ministry of Communications, or MOC, notified the Company that its 850MHZ frequencies allocation shall expire on February 1, 2022 and replaced by…

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In a bid to stimulate the 5G ecosystem in India, Swedish telecommunications company Ericsson on Tuesday formally launched the country's first "Centre of Excellence (CoE) and Innovation Lab" for 5G at the Indian Institute of Technology (IIT) Delhi. "India cannot afford to miss the 5G bus. It is of strategic…