Tag: Wireless Telecommunications Services (TRBC)

India investment body backs incentives for $706 million Samsung display plant: letter

NEW DELHI/LUCKNOW (Reuters) – Samsung Electronics should get tax and other incentives from India’s northern state of Uttar Pradesh as the South Korean company looks...

SoftBank’s Arm at loggerheads with Chinese venture over CEO

SHANGHAI/SAN FRANCISCO (Reuters) – SoftBank Group Corp-owned Arm Ltd and its Chinese joint venture on Wednesday publicly disagreed over whether the unit’s chief executive officer...

U.S. failed to properly oversee Chinese telecom carriers: Senate panel

WASHINGTON (Reuters) – A U.S. Senate report released Tuesday says the U.S. government failed to properly oversee Chinese-owned telecommunications companies for nearly two decades. FILE...

Chinese telecom firms urge FCC not to revoke ability to operate in U.S.

WASHINGTON (Reuters) – The U.S. units of China Telecom Corp’s (0728.HK) and China Unicom (0762.HK) urged the Federal Communications Commission (FCC) not to revoke the...

Amid pandemic, investors bet on India’s Jio and its giant-killer playbook

MUMBAI (Reuters) – From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani’s Jio telecom carrier is emerging as a winner from changes in...

Softbank-backed Coupang under scrutiny after S.Korea warehouse virus outbreak

SEOUL (Reuters) – Deluged with online orders as the coronavirus epidemic swept South Korea, e-commerce giant Coupang opened a new groceries warehouse and logistics centre...

U.S. agencies ask FCC to rescind Ligado spectrum decision

FILE PHOTO: The Federal Communications Commission (FCC) logo is seen in Washington February 26, 2015. REUTERS/Yuri Gripas/File Photo WASHINGTON (Reuters) – A group of U.S....

SoftBank Vision Fund records $18 billion operating loss, portfolio slides underwater

TOKYO (Reuters) – Japan’s SoftBank Group Corp on Monday reported an annual 1.9 trillion yen ($18 billion) operating loss at its gargantuan Vision Fund, as...

Alibaba’s Jack Ma resigns from SoftBank board

TOKYO (Reuters) – SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board, in the latest departure by a...

32 U.S. senators urge FCC to reconsider Ligado spectrum order

WASHINGTON (Reuters) – A bipartisan group of 32 U.S. senators on Friday urged the Federal Communications Commission to reconsider a decision to allow Ligado Networks...

WeWork directors seek to preserve right to sue owner SoftBank

(Reuters) – A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues...

T-Mobile beats phone subscriber estimates as lockdown creates demand surge

(Reuters) – T-Mobile US Inc (TMUS.O) added more monthly bill paying phone subscribers than expected in the first quarter, thanks to a surge in demand...

For SoftBank’s Son, coronavirus turns vision to illusion

BANGALORE/TOKYO (Reuters) – SoftBank Group Corp (9984.T) founder Masayoshi Son’s dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses at...

Majority of FCC backs Ligado plan for broadband network: sources

WASHINGTON (Reuters) – A majority of the five-member Federal Communications Commission (FCC) has voted to approve an order to allow Ligado Networks’ to deploy a...

FCC chairman wants to greenlight Ligado’s U.S.-wide 5G network

WASHINGTON (Reuters) – The chairman of the Federal Communications Commission (FCC) circulated on Thursday a draft order asking FCC members to approve Ligado Networks’ low-power...

Coronavirus threatens to knock South Korea off 5G leadership perch

SEOUL (Reuters) – South Korea is struggling to retain its lead in global next-generation 5G telecom services, as the coronavirus pandemic further cools sentiment of...