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Tag Archives: telecommunication

AT&T agrees to buy Time Warner in over $80 bn deal

New York, United States | AFP |  Telecom giant AT&T has struck a deal to buy entertainment company Time Warner for more than $80 billion, to add in-house content to its distribution services, a banking source familiar with the negotiations said Saturday. An official announcement is expected before Monday’s trading …

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MTN denies illegal transfer of $14 bn from Nigeria

Abuja, Nigeria | AFP | South Africa’s MTN has denied it illegally transferred $13.9 billion from Nigeria in the latest scandal to hit the telecom firm in its largest market in the continent. The Johannesburg-based firm is facing a parliamentary probe over accusations it connived with senior Nigerian officials to …

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Pixel phones and smart machines: Google announcements

San Francisco, United States | AFP |  US internet giant Google on Tuesday challenged heavyweight rivals including Apple and Amazon with an array of new gadgets aimed at digital lifestyles. Coming products to watch for: Smartphone ‘Made by Google’  Pixel is the first smartphone designed by Google, with the Silicon …

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Ericsson to end manufacturing in Sweden, cut 3,000 jobs

Stockholm, Sweden | AFP |  Telecoms equipment maker Ericsson plans to end manufacturing in Sweden with the loss of around 3,000 jobs, Swedish newspaper Svenska Dagbladet reported late Wednesday. The daily said it had obtained “confidential documents” outlining a three billion kronor (313-million-euro, $350-million) cost-cutting programme. According to Svenska Dagbladet, …

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Facebook aims for video-loving teenagers with new app

San Francisco, United States | AFP |  Facebook on Friday took direct aim at video-loving adolescents, and Snapchat, with the release of a new iPhone app that allows teens to watch clips about the lives of their classmates. The app, called Lifestage, was released with no fanfare, and is available …

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