50 state attorney general to collaborate with telecom firms to combat unwanted calls

Robocalls have emerged as the single largest source of complaints to authorities. In a significant development, the attorneys general from 50 U.S. states as well as from the District of Columbia stated, they are joining forces with major U.S. telecommunications providers, including Comcast Corp, AT&T Inc, T-Mobile Us Inc, Verizon Communications Inc, and Sprint Corp…

InterDigital Wireless & Qualcomm Inc aim to license their 5G tech to China’s Huawei despite U.S. ban

The U.S. ban on selling American technology to Chinese firms, which now has a grace period of 90 days, does not cover patents. Moreover Huawei owns both firms sizeable dues … cutting off business relations could potential mean massive writedowns if not write-offs. In a significant development, patent attorneys of InterDigital Wireless Inc stated, it…

New Zealand will independently asses risk of using Huawei’s 5G equipment

Dismissing reports that New Zealand will adopt Britain’s approach, Prime Minister Jacinda Ardern stated, Wellington would independently assess the risk of using China’s Huawei Technologies in its 5G networks. On Monday, New Zealand’s Prime Minister Jacinda Ardern stated, Wellington would independently assess the risk of using China’s Huawei Technologies in its 5G networks. The development…

China’s ZTE Corp loses $3 billion market capitalization after it agrees to pay U.S. fine

ZTE’s strategic move will, at least in the short run, allow it to resume operations and start sourcing components from the U.S. It is to be seen how the Trump Administration navigates ZTE’s stigma of posing as a national security threat to the U.S. in the Congress. On Wednesday, Chinese telecommunications giant ZTE Corp saw…

Softbank secures$23.3 billion refinancing loan for ARM and Sprint Corp

The loan is to refinance loans taken by Sprint and ARM for acquisitions.   On Thursday, Japan’s SoftBank Group Corp said it has secured a $23.3 billion (2.65 trillion yen) loan agreement to re-finance the acquisition loans for British chip designer ARM and U.S. telecommunications Sprint Corp. The loans have a maturity date of Sept…

Cisco close to acquiring telecommunications software provider BroadSoft: sources

If the deal goes through it will not only be Cisco’s second biggest acquisition this year but will also strengthen its foothold in the telecommunications market as well as diversify its offerings and services. As per a source familiar with the matter at hand, Cisco Systems Inc, the world’s biggest manufacturer of networking gear is…