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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South Korea's LG Display said it will invest more than 10 trillion won ($8.71 billion) to build a large plant to make panels using organic light-emitting diode (OLED) panels, raising its big bet on the ultra-clear display technology. The company said it will spend an initial 1.84 trillion won to…

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Dell Ventures, the $300-million venture fund arm of personal computing giant Dell, is planning to bet big on the Indian startup ecosystem and partner or invest in new-age disruptive startups in the country, as part of its broader push into Asia, a top company executive said in an interview. The…

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The service will offer high-speed mobile data and will ensure a vastly improved user mobile app experience w, faster browsing and video streaming and higher download and upload, thanks to the operator’s successful network upgrade and renovation project, competed earlier in 2015. Maximum speed of Telenor 4G network will be…

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The UK government will invest up to £550 million (€780 million) over the course of the current parliament to make the 700MHz spectrum band available for mobile broadband use, it has said. The figure, announced in the HM Treasury’s Spending Review and Autumn Statement yesterday, marks a cut on the…

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CTI Towers, a wireless tower operating company majority owned by Comcast Ventures, has struck a deal to acquire 120 towers from Vyve Broadband, the independent cable MSO formerly known as BCI Broadband and founded by two former Bresnan Communications execs. CTI Towers said the deal, its largest tower acquisition agreement…

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Greece's biggest telecoms operator OTE said on Wednesday it will raise 350 million euros ($370 million) with a new four-year bond, the first Greek company to tap international debt markets in a year. OTE, 40 percent owned and managed by Deutsche Telekom , said after completing the bookbuilding process that…

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Nokia's planned takeover of rival network gear maker Alcatel-Lucent will give it far greater scope to invest in new technologies like 5G mobile equipment while cutting costs, its chief executive said on Wednesday. Rajeev Suri also told Reuters in an interview that the Finnish company was making rapid progress toward…

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Mondo TV SpA executes license agreement with Seychelles Broadcasting Corporation, national public broadcaster form Seychelles The agreement grants the free TV rights for two years of four animated TV movies produced by Mondo TV.   reuters.com

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In line with the Government of India’s ‘Make in India’ initiative, Optiemus Infracom Limited, a leading Indian telecom enterprise and Wistron Corporation (A GlobalFortune 500 company), Taiwan’s leading Original Design Manufacturer (ODM), today announced ajoint venture (JV) agreement, in presence of Mr. Amitabh Kant, IAS Secretary - DIPP, Government ofIndia,…

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Facebook has expanded its controversial 'Free Basics' initiative across the country to offer basic Internet access with its telecom partner Reliance Communications (RCom). Earlier called 'Internet.Org', Facebook had launched the initiative in India with RCom to offer free access to about 32 apps and websites in Gujarat, Maharashtra, Andhra Pradesh,…