telecoms
The Spanish government has followed the European Union in granting permission for two companies to combine to form the country's largest telecoms company, Digital Transformation Minister José Luis Escrivá announced in Madrid on Tuesday. The merger of Orange España and MásMóvil will create a combined company with an estimated value of €18.6 billion ($20.3 billion), with the two holding equal stakes. The EU approved the merger last month. France's Orange will place its entire Spanish unit, Orange España, in the new company, which has yet to be named. The location of its new head office has also ...
DPA Breaking News
Del Mar (United States) (AFP) - The problem with mobile phones is that people look at them too much. At least, that's according to the man who invented them 50 years ago. Martin Cooper, an American engineer dubbed the "Father of the cell phone," says the neat little device we all have in our pockets has almost boundless potential and could one day even help conquer disease. But right now, we can be a little obsessed. "I am devastated when I see somebody crossing the street and looking at their cell phone. They are out of their minds," the 94-year-old told AFP from his office in Del Mar, Califo...
AFP
HONG KONG, Jan 31, 2022 - (ACN Newswire) - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited ("CITIC Telecom", "the Group", SEHK: 1883), is pleased to announce that Mr. Brook Wong (Ching Wa, WONG), Vice President of CITIC Telecom has been appointed to the additional role of Chief Executive Officer of CITIC Telecom CPC effective 1st February, 2022, succeeds Mr. Esmond Li who has decided to retire and step down from CEO of CITIC Telecom CPC after over 20 years of service in the Group. "Mr. Wong has long been a v...
ACN Newswire
Receives CCF Big Data & Computing Intelligence Contest Award, International Innovation Awards and CAHK STAR Awards HONG KONG, Dec 9, 2021 - (ACN Newswire) - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is honored to announce its winning of 3 substantial accolades in December 2021. These awards affirm longstanding industry recognition of CITIC Telecom CPC's commitment to spearhead innovative development in the ICT industry's technological and AI algorithm capabilities, actualized by the compa...
ACN Newswire
Sydney (AFP) - Google violated Australian law by misleading users of Android mobile devices about the use of their location data, a court ruled Friday in a landmark decision against the global digital giant. The US company faces potential fines of "many millions" of dollars over the case, which was brought by the Australian Competition and Consumer Commission (ACCC), the regulators' chief Rod Sims said. The federal court found that in 2017 and 2018 Google misled some users of phones and tablets featuring its Android operating system by collecting their personally identifiable location informat...
AFP
Hong Kong (AFP) - Shares in China's two biggest companies Alibaba and Tencent tumbled in Hong Kong on Thursday in response to media reports that the Trump administration plans to press ahead with a ban on Americans investing in them. Ecommerce titan Alibaba sank almost four percent and internet powerhouse Tencent shed 4.7 in morning trade after the Wall Street Journal said officials in multiple government departments were assessing the impact of an investment ban. Such a move would be another blow to Alibaba, which has come under pressure from Chinese officials as regulators launch an anti-mon...
AFP
New York (AFP) - The New York stock exchange has begun the process of delisting three Chinese telecoms companies as it seeks to comply with an order by the Trump administration barring investment in firms with ties to the Chinese military. It comes as relations between the world's two biggest economies spiral downwards over sore points ranging from trade and the coronavirus to Hong Kong and Xinjiang. Trading in China Mobile Communications, China Telecommunications Corp and China Unicom (Hong Kong) Limited will end within the next week, subject to transactions being settled, the exchange said i...
AFP
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