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US passes 400 mln mobile connections, data traffic grows 14% in 2017
2018-07-10 16:40:00| Telecompaper Headlines
(Telecompaper) The US passed 400 million mobile connections at the end of 2017, up 1.1 percent from 395.5 million at the end of 2016, according to the latest annual report from industry group CTIA. The number of smartphones rose 4.3 percent to 273.2 million, equal to 82 percent of Americans, while data-only devices jumped by 19.5 percent to 126.4 million at the end of 2017.
Tags: data
mobile
traffic
connections
Telenor Norway expects to appeal against largest ever competition fine of NOK 788 mln
2018-06-21 13:30:00| Telecompaper Headlines
(Telecompaper) Telenor Norway said it disagrees with the Competition Authority's decision to impose a fine on it of NOK 788 million for abusing its dominant position on the Norwegian mobile market, and expects to lodge an appeal. Competition Authority director general Lars Sorgard said it has concluded that Telenor created barriers for the development of a third mobile network in Norway. This is a serious infringement of competition law, Sorgard added.
Tags: fine
largest
competition
norway
UAE investment firm Mubadala plans launch to USD 400 mln European technology fund with Softbank
2018-06-14 10:37:00| Telecompaper Headlines
(Telecompaper) UAE-based Mubadala Investment Company (Mubadala) plans to create a USD 400 million fund to invest mainly in leading European technology companies, reports The National. It will be managed by the Abu Dhabi fund's venture capital arm, Mubadala Ventures, with SoftBank participating via its investment subsidiary, SIMI US Holdings. The fund will target founder-led, high growth technology companies with global scale and impact.
Tags: technology
plans
firm
investment
Dixons Carphone confirms data breach affecting 5.9 mln customers
2018-06-13 11:28:00| Telecompaper Headlines
(Telecompaper) Retailer Dixons Carphone has revealed a major breach of data affecting 5.9 million customers. The group said that it notified the relevant authorities after discovering the breach, including the police and ICO, and that it had no evidence to date of any fraudulent use of data as a result of the incidents. CEO Alex Baldock apologised for the breach and said that added security measures have been added to systems.
Tags: data
customers
affecting
breach
Apple wins USD 539 mln in latest patent ruling against Samsung
2018-05-25 08:46:00| Telecompaper Headlines
(Telecompaper) Samsung must pay Apple USD 539 million for infringing patents related to the iPhone's design, a US federal jury found. The decision in the US District Court in San Jose, California increases the amount that Samsung previously was ordered to pay Apple for the patents under dispute, from USD 399 million to USD 539 million, the Wall Street Journal reports.
Tags: latest
usd
samsung
apple
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