Reliance Jio to acquire infrastructure of Reliance Comm

Reliance Jio Infocomm, the fastest growing mobile operator in the world and which is a subsidiary of Reliance Industries Limited, agreed to acquire specified assets of Reliance Communications Limited and its affiliates. The sale includes assets under four categories – Towers, Optic Fiber Cable Network, Spectrum and Media Convergence Nodes, specifically: 122.4 MHz of 4G Spectrum in the 800/900/1800/2100 MHz bands  Over 43,000 towers, amongst...

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Huawei remains strong and steady as 2017 growth rate slows to 15%

Huawei expects its revenue for 2017 to show a 15% year-over-year increase, its slowest rate of growth since 2013, according to a New Year's message to staff posted by Huawei rotating CEO Ken Hu. Hu cited fluctuations in telco investment cycles but said the overall business remains strong. Huawei's final revenue figure for 2017 should be in the range of 600 billion yuan (US$91 billion). In the enterprise sector, Huawei is focused on opportunities...

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CenturyLink appoints EVP Marketing and EVP Product Management

CenturyLink announced the appointments of Gaurav Chand as executive vice president – marketing and of Shaun Andrews as executive vice president - product management. Both report to Chief Operating Officer Jeff Storey. Previously, Chand served as the global senior vice president, marketing – infrastructure solutions group for Dell EMC. Andrews was previously the senior vice president, IP and real-time communications for Level 3, and has nearly...

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