SoftBank Corp. to Invest $513 Million in Software Provider for Connected Vehicles

[ad_1] SoftBank Corp.is set to invest 473 million euros, equivalent to $513 million, in Cubic Telecom, a provider of software that helps vehicles link to computer networks and analyzes data…

CEO of Singtel’s Optus Resigns Following Australian Network Outage

[ad_1] Updated Nov. 19, 2023 7:33 pm ET SYDNEY—The chief executive of Optus, the Australian subsidiary of Singapore Telecommunications, resigned following a network outage in which millions of customers including…

Singtel’s Optus Sees No Precedent for Large-Scale Outage Compensation

[ad_1] Nov. 17, 2023 12:03 am ET SYDNEY—Singapore Telecommunications-owned Optus has paid 36,000 Australian dollars (US$23,299) in customer compensation following an hourslong Australia-wide network outage but said there is no…

TPG Halts Talks With Vocus Over $4.01 Billion Asset Sale Amid Rival Interest

[ad_1] SYDNEY—TPG Telecom ended talks with Vocus over the potential 6.3 billion Australian dollars (US$4.01 billion) sale of non-mobile fiber assets, adding that it had received interest from other investors.…

Telecom Italia Board to Evaluate KKR Bids for Network Assets Next Month

[ad_1] Telecom Italia’s board of directors will meet next month to examine a binding offer for its fixed-network business and a nonbinding bid for its stake in Sparkle submarine-cable unit…

KKR to Buy 20% Stake in Singtel’s Data Centre Business

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Telecom Italia Says Bids for Fixed-Network Assets Aren’t Yet Adequate

[ad_1] Telecom Italia said nonbinding offers it has received for its fixed-network assets from KKR and from a Macquarie-led consortium aren’t adequate enough and it has given the parties until…

FCC Set to Gain More Power Over Prison Phone Call Rates

[ad_1] The federal regulator will have more power to tackle what it has called excessive charges for inmates making in-state phone and video calls.  [ad_2] Source link