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Nokia predicts 5G could add USD 8 trillion to world GDP by 2030
2020-10-12 12:04:00| Telecompaper Headlines
(Telecompaper) Nokia said that 5G-enabled industries have the potential to add USD 8 trillion to global GDP by 2030, as Covid-19 accelerates medium and long-term digital investment and value creation. The '5G Business Readiness Report' by Nokia and Nokia Bell Labs finds that 5G-mature companies are growing faster and are the only ones with a net increase in productivity following the pandemic. It said 71 percent of companies will invest in 5G over the next five years, with Saudi Arabia and the US leading adoption.
NTT launches JPY 4.25 trillion buyout offer for mobile unit Docomo - report
2020-09-29 09:28:00| Telecompaper Headlines
(Telecompaper) Japanese operator Nippon Telegraph and Telephone (NTT) plans to take its mobile business NTT Docomo private, according to multiple media reports. The deal is worth around JPY 4.25 trillion (approximately USD 40 billion). NTT will launch a tender offer for the 34 percent stake in NTT Docomo that it does not already own, at JPY 3,900 per share.
Tags: report
offer
mobile
unit
Study: Global Net-zero Emissions Goal Would Require $1-2 Trillion Yearly Investment
2020-09-17 11:25:00| OGI
As a result of the energy transition needed, oil demand could be slashed from 100 million bbl/d in 2019 to around 10 million bbl/d by mid-century, the study said.
Tags: study
global
require
goal
The Real Danger With $26.5 Trillion of U.S. Debt: James Clark
2020-08-24 13:40:00| National Real Estate Investor
More important than the size of our debt or our creditworthiness is the manner in which our political system operates.
Biden Unveils $2 Trillion Climate Plan Targeting Clean-energy Investments
2020-07-14 20:35:00| OGI
API suggested Biden's plan could harm the U.S. oil and gas industry, forcing the country to look to foreign sources of energy with lower environmental standards.
Tags: plan
investments
climate
targeting