NEWS

For our visitors who seek the latest industry news and updates to keep up with the goings-on of the business on a global scale, this portal grants a dynamic and diverse feed of news items contemporaneous with the current affairs of the Automotive Industry.

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Guinea Bissau has agreed a memorandum of understanding with the World Bank, Orange and MTN for a $47 million project to link the country to a submarine telecoms cable connecting Africa with Europe, the government said on Wednesday. Under the agreement, French telecoms company Orange and South Africa's MTN Group…

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ARRIS International plc today announced that Mediacom Communications Corporation, the fifth-largest cable operator in the U.S., selected the hosted version of its Carrier-Class Service Provider Wi-Fi Solution to deliver Wi-Fi and advanced services beyond the home in multiple cities. The hosted solution leverages Mediacom's existing wireless infrastructure to deliver new…

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Samsung Electronics Co. and America Movil, the telecoms company controlled by Mexican billionaire Carlos Slim, said in a joint statement on Tuesday they had signed an agreement to provide the latest technology to Latin American consumers. The aim of the partnership is to deliver the 4.5G network in Mexico and…

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Nigeria's telecoms regulator has approved Etisalat Nigeria's name change after its Middle East parent pulled out following regulatory intervention to save the local company from collapse due to debt, the company said. The Nigerian Communications Commission (NCC) has been notified of the new name, 9mobile, the company said, adding that…

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Apple is close to signing a deal with Shiv Nadar’s HCL Infosystems to forge a distribution partnership to expand its presence in brick and-mortar retail space, particularly in smaller towns, three senior industry executives said. The deal is likely to be signed this week and the business may take off…

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Best known for its camera-centric smartphones, Chinese manufacturer nubia, which entered India last year, has earmarked $100 million investment in the country over the next few years, a top executive has said. Since last October, the company has introduced seven smartphones in India that received rave reviews and a decent…

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Extreme Networks, Inc. announced today that it has completed its acquisition of Avaya, Inc.'s ("Avaya") networking business. The acquisition supports the company's growth strategy to lead the enterprise networking market with end-to-end software-driven solutions for enterprise customers from the data center to the wireless edge. "This is an exciting day…

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The Competition Commission of India has given its nod to the merger of telecom tower firms Chennai Network Infrastructure Limited (CNIL) and GTL Infrastructure Limited (GTL Infra). According to the filing in the Bombay Stock Exchange, the merged entity will continue to operate as GTL Infra. The proposed merger will…

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Telecoms company Altice is buying control of Portugal's Media Capital, paying Spain's Prisa 440 million euros ($502 million) for its 94.7 percent stake in the Lisbon company. The takeover is the latest addition to Altice's portfolio after its efforts to expand its telecommunications and cable presence in the United States…

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Phoenix Tower International ("PTI") announces that it has closed on three separate transactions across Peru and Colombia increasing its wireless infrastructure sites by over 150 towers and increasing its marketable real estate properties by over 2,000 sites across the Americas. "PTI has spent significant time looking to grow our business…