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Investments and Expansions

IoT Firm Actility Secures $25 million Funding by Ginko Ventures, KPN, Orange, Swisscom and Foxconn

Actility, a leading provider of network solutions and managed information systems for the Internet-of-Things (IoT) market, has secured a $25…

KPN Sets Up Dedicated Venture Fund to Onboard More Startups & Accelerate Innovations

KPN, last week announced that it is stepping up efforts to promote outside-in innovation by establishing a dedicated venture fund,…

M1, Singtel & StartHub will Cease 2G Networks in 2017

All the three mobile Operators in Singapore, M1, Singtel and StarHub in a joint statement announced that they will cease…

Vodafone Czech Invested CZK$5 billion in 4G LTE Network over the Last 2 Years

In its preliminary results announcement, Vodafone Czech reported a mobile services subscribers’ growth of 41,000 from October 2014 to March…

Spark New Zealand Plans to Buyback Shares Worth NZ$100 million

Spark New Zealand, formely New Zealand Telecoms, last week announced that it plans to undertake an on-market share buyback of…

SoftBank to Invest $1 Billion in Korea’s E-Commerce Giant Coupang

SoftBank Japan has announced that it will invest $1 billion in Coupang, the largest and fastest growing standalone e-commerce player…

Big Data Analytics Firm Saama Secures $35 Million

Saama Technologies, a leading Big Data solutions and services company has secured $35 million in funding from California-based Carrick Capital…

ZTEsoft Plans to Invest Rs 500 crore in Indian Smart City

ZTEsoft, a subsidiary of ZTE Corp, has offered to invest Rs 500 crore (around $US78 million) in the Indian government's…

Germany Kicks Off Europe's 700MHz Spectrum Auction

German regulator, the Bundesnetzagentur, this week launched a multi-band spectrum auction that will offer among others, two blocks of spectrum…