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Tag: mln
Huawei ships over 200 mln smartphones in 2018
2018-12-24 09:50:00| Telecompaper Headlines
(Telecompaper) The company has experienced serious setbacks this year, with the US saying the company's products pose a security risk, prompting many US companies to drop its phones or equipment and the recent arrest of its CFO for violating US trade sanctions. Deutsche Teleckom has said it will also be reviewing its strategy regarding Huawei. Still, Huawei remains popular in places like China and Europe. The company said that over 500 million people in over 170 countries use its phones.
Tags: ships
smartphones
mln
huawei
Charter pays record USD 174 mln to settle slow broadband case in New York
2018-12-19 09:28:00| Telecompaper Headlines
(Telecompaper) Cable operator Charter has agreed to pay a record USD 174.2 million in order to settle a consumer fraud case in New York. Of the total, USD 62.5 million will go directly to customers as refunds. The Attorney General of New York believes the amount represents the largest-ever payout to consumers by an ISP in US history. This is the first settlement to result from the Attorney General's investigation of broadband service in New York. Charter earlier operated as Time Warner Cable and then as Charter brand Spectrum.
Cisco confirms takeover of silicon photonics specialist Luxtera for USD 660 mln
2018-12-18 16:18:00| Telecompaper Headlines
(Telecompaper) Cisco has confirmed the takeover of US-based semiconductor company Luxtera for USD 660 million. The company's silicon photonics technology is expected to strengthen Cisco's networking portfolio and support the transition to 400G.
Tags: usd
specialist
cisco
silicon
Facebook breach exposes private photos of 6.8 mln users
2018-12-16 11:21:00| Telecompaper Headlines
(Telecompaper) Facebook said a bug in its systems might have exposed the private photos of up to 6.8 million users. The company said a bug in its photo API gave developers access to photos, such as those shared on Marketplace or Facebook Stories. The bug also impacted photos that were uploaded to Facebook but not even posted on Facebook. The company said it has fixed the issue, which took place from13 to 25 September.
Tags: private
photos
users
breach
Australia raises AUD 853 mln in auction of 5G spectrum in 3.6 GHz band
2018-12-10 10:50:00| Telecompaper Headlines
(Telecompaper) Four companies have won 5G spectrum in the Australian Communication and Media Authority's latest auction of the 3.6 GHz band. According to the regulator, all 350 lots available in the auction were sold, realising total revenue of AUD 853 million. Dense Air Australia won 29 lots for AUD 18.49 million; Mobile JV, the joint venture of TPG Telecom and Vodafone Hutchison Australia, won 131 lots for AUD 263.2 million; Optus won 47 lots for AUD 185 million; and Telstra won 143 lots for AUD 386 million. Licences won at auction will commence in March 2020 and will run until 13 December 2030.
Tags: australia
band
auction
spectrum
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