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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Huawei Technologies Co Ltd's founder and CEO Ren Zhengfei said on Thursday the company is already producing 5G base stations that are free of U.S. components and plans to more than double production next year. From October, the company will be producing 5,000 of the 5G mobile communications base stations…

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Hughes Network Systems, LLC, the global leader in broadband satellite networks and services, today announced the launch in Mexico of HughesNet®, its flagship high-speed satellite Internet service. The introduction of HughesNet marks the expansion of Hughes' presence in Mexico, where the company offers commercial enterprise and government services, through its…

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Malaysia will start a nationwide demonstration of 5G projects next month, a minister said on Tuesday, indicating it was on track to become one of the first Asian countries to launch the technology. The government has said it wants to start rolling out the ultra-fast mobile internet service early next…

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Embattled Chinese telecom equipment provider Huawei has said that it is ready to invest in an export oriented 5G manufacturing facility in India, but any expansion would be contingent on the government’s nod for its participation in the latest telecom technology. Jay Chen, CEO of Huawei in India, said the…

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Replacing Chinese telecoms equipment would cost European telecom operators about $3.5 billion, a report by industry research firm Strand Consult predicted on Friday, far lower than the figure a lobby group came up with. Industry lobby group GSMA, backed by blacklisted Chinese firm Huawei, predicted a cost of $62 billion.…

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Brazilian telecommunications firm Oi SA  is in talks with Spain’s Telefonica SA  and Italy’s Telecom Italia SpA (TLIT.MI) to sell its mobile network to avoid insolvency, five people with knowledge of the matter said. Oi has been struggling to turn around its business since filing for bankruptcy protection in June…

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AT&T Inc and Dish Network Corp  are not in discussions over a deal due to regulatory issues, a source familiar with the matter said on Wednesday, after the Wall Street Journal reported on.wsj.com/2kS2Hbs the wireless carrier was considering parting ways with its satellite TV division DirecTV. AT&T has also considered…

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The Federal Communications Commission on Monday said it voted to approve Nexstar Media Group Inc’s (NXST.O) acquisition of Tribune Media Co (TRCO.N) in a $6.4 billion deal. The 3-to-2 vote follows the U.S. Justice Department’s announcement in July that it had approved the deal, saying the companies had to divest…

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African mobile networks operator Helios Towers plans to list in London, the company said on Thursday, after ditching plans for an initial public offering (IPO) last year which was expected to value the company at two billion pounds ($2.47 billion). Helios Towers plans to raise $125 million through the issuance…

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Egypt’s communications ministry will begin work on a 40 billion Egyptian pound ($2.44 billion) telecommunications network in the first phase of a new capital city being built east of Cairo, a cabinet statement said on Wednesday. The communications ministry signed a cooperation agreement with the Administrative Capital for Urban Development…