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.

Idea Cellular plans to sell 100 pct in tower arm for $1 bln: Report

Idea Cellular is reportedly planning to sell 100 percent stake in its tower arm, dropping its earlier plans to sell a minority stake in the business. Sources told CNBC-TV18 that the Aditya Birla Group company is looking to sell 11,000 telecom towers for close to $1 billion. The report said…

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Pensonic holdings - unit entered into distributor agreement with MYTV Broadcasting SDN BHD for sale and distribution of mytv set-top box Pensonic holdings -MYTV has agreed to appoint psssb as distributor and reseller to exclusively sell mytv stb directly to end users of MYTV STB Pensonic holdings - signing of…

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German state broadcasters ARD and ZDF said they will not show the Olympic Games for the first time, having failed to clinch a deal to buy broadcast rights from Discovery Communications. Discovery last year won the European broadcast rights for the Olympics from 2018 to 2024 for 1.3 billion euros…

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Alibaba Cloud officially opened its new data center in Sydney today, building on its plans to build a global hub in locations around the world.Last week the company hailed the 'major milestone' of its global expansion, and now the Australian data center is now in operation. The company's expansion into…

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Huawei has released the mobile communications industry’s first systematic metrics for the connection experience of Internet of Things (IoT) devices. Launched at the 2016 Global MBB Forum in Tokyo, the Things Coverage methodology includes an approach to evaluating the quality of an IoT network, and the first system for planning…

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India’s top carrier Bharti Airtel’s Netherlands arm Saturday acquired 4.2% Econet Wireless shareholding in the Airtel Nigeria. Earlier this month, Sunil Mittal-driven telco’s has reached settlement with Econet Wireless, and with this move, the telco’s holding in Airtel Nigeria has surged to 83.25%. “Bharti Airtel International (Netherlands) BV through its…

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Global messaging service provider Retarus has expanded its Singapore data center, staff and developments as the company addresses local customer requirements. The data center expansion will help to provide a direct connection for the company's Cloud Fax Services to local carriers and internet service providers. The data center is situated…

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Huawei has announced a new research platform called X Labs, which aims to bring together technology providers, operators, and vertical industry partners to explore the future for ‘mobile applications, drive innovation in business and technology, and promote an open industry ecosystem.’ The announcement was made by Deputy Chairman and Rotating…

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Reliance Capital to reduce debt by Rs. 1,900 crore (US$ 283 million) through value unlocking in radio and TV business * Says Reliance Broadcast Network Limited to divest 49 pct stake in 92.7 BIGFM to zee media corporation as part of value unlocking * Says Zee Entertainment Enterprise to acquire…

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Managed hosting company Rackspace is to open a German data center in the middle of next year. The company said the new Frankfurt data center -- its first in continental Europe -- will provide customers with a new option for managed IT infrastructure in the face of strict personal data…