T-Mobile US Inc’s merger with Sprint Corp wins final approval from California’s Public Utilities Commission

Following California’s Public Utilities Commission (CPUC) vote on Thursday, the $23 billion merger of U.S. wireless carriers T-Mobile US Inc with that of Sprint Corp saw the final approval of the deal which closed on April 1. The deal had closed without a final decision from the CPUC, which came through with an unanimous vote.…

France’s 5G spectrum auction to have a base price of $2.4 billion: Junior Economy Minister Agnès Pannier-Runacher

Frances’s 5G spectrum is slated to be sold with a base price of $2.4 billion (2.17 billion euros) – an amount that is significantly more than the figure that was previously recommended by the country’s telecoms regulator Arcep. Earlier last week, wary of heavy investments that will be required for deploying 5G technology, Arcep’s president…

Risks related to central bank issued cryptocurrencies too unknown: BIS Report

The risks rewards spectrum associated with cryptocurrencies have yet to be mapped out and the resilience of the technology underpinning them have yet to be proven, for consumers as well as for institutions. As per the Bank for International Settlements, it is too soon to determine whether it is prudent for central banks to issue…