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When blockchain based currency meets telecom operator

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For Andrew Burchik, founder of the Prague based MVNO (mobile virtual network operator) Miracle Tele, the future of mobile operators will be found in Blockchain technology. Miracle Tele is already available in 213 countries. In late April, Miracle Tele allowed its customers to call any destination for €0.2 per minute and data from €0.01 per MB. Miracle Tele is using its own Token called TELE based on ERC20 (Ethereum blockchain) that they want to sell. 150,000,000 TELE are available at €0.1 per token. The sale is not limited in time as it will end when all tokens are sold out. This way the operator allows its users to have a choice: or they use its telecom services like any operator or they “tokenize” their assets and have access to mobile plans by purchasing them with TELE. According to M. Burchik, as smartphones are less a used for conventional communications, operators…

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China Telecom Global and Global Switch announced a partnership

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A worldwide partnership between CTG (China Telecom Global) and Global Switch was made official. It will allow the two companies to offer Data Centre Network solutions to customers globally. Global Switch already operates, develops and owns carrier and cloud-neutral data centres, that are located in Europe, and the Asia Pacific area. As a part of its services, it provides IEPL (international ethernet private lines), IPLC (international private leased circuits), VPN and IP transit. Deng Xiaofeng, CEO of CTG, expressed his satisfaction : “The collaboration will bring significant value-adds to our existing and future customers, fuelling their development and success with resilient and mission critical data centre network infrastructure.” John Corcoran, CEO of Global Switch, added: “This agreement with China Telecom Global is recognition of Global Switch’s continued commitment to providing customers with industry-leading facilities and solutions across our global portfolio. This initiative will further enhance access to our extensive connectivity…

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Infrastructure

India: a need for better telecom infrastructures

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Telecom Secretary in India, Aruna Sundarajan expressed concerns about the country’s lack of quality mobile network services. She pointed out the fact that more towers and fiberisation is needed to follow the growth of subscribers. She said, during the second 5G India conference, “In a country where data is growing at 500 per cent, we need much more infrastructure. You need at least double the number of towers, at least double the size of fibre. Otherwise, where will the quality come from? So, they (operators) are working on that We are driving down hard on the service quality areas. We are beginning to see visible changes as a result of it. But it is not enough.” In a situation where call drops occur more often, falling service quality is concerning users and professionals. Manoj Sinha, the Telecom Minister, replied by confirming that the government is committed to “ensure quality of…

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How 5G might be a burden for Telecom companies stocks…

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The investment required to upgrade a network to support standalone 5G technology is important. JP Morgan think this is the reason why Telecom companies stocks did not do so well last year. There is a serious concern that the investment might not be as effective as expected. The lack of return put an important shade on some valuation for some asian (China, Japan and South Korea) and Australian telecommunications stocks. Those worries could be explained as the daily applications and advantages of 5G technology are yet to be seen and to be invented. James Sullivan,head of Asia ex-Japan equity research at J.P. Morgan explained “It’s not really about faster download speeds,” he said. “It’s about internet of things, autonomous vehicles and things of that nature for which no one understands a monetization case for networks yet.” 5G will not only be customer centered but also will help companies in processing…

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US President Donald J. Trump to save jobs in Chinese telecom industry !

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In a strange turn of events, the American government has been instructed by President Trump, to help Chinese tech giant ZTE Corp. The problems started for ZTE when they were caught shipping U.S. goods to Iran. The U.S. Commerce Department then prevented U.S. companies from doing any trade with ZTE. This decision literally crippled the company, forcing Donald Trump to step in and take a decision. In a recent tweet President Trump expressed its concerns and his will to find a solution. https://twitter.com/realDonaldTrump/status/995680316458262533 The ban on doing trade with U.S. companies is supposed to last seven years. ZTE already paid a $1.2 billion in fine for that case. Recently, American delegations in visit in China were asked about this issue by Chinese officials, leading to Trump’s decision. ZTE currently employs 70,000 people, and earlier this month, it had to put on hold its main operations.

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Chinese phones manufacturer, Huawei, is making a Bitcoin-based smartphone

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Huawei, the Shenzhen based technology company, has announced the launch of a smartphone that will use the famous cryptocurrency. It will use BTC.com’s platform as a Bitcoin wallet on its smartphones. New devices coming out of Huawei factories will integrate Huawei AppGallery that will give access to the Bitcoin wallet. “Cryptocurrencies have recently expanded the human understanding of digital economy at a large scale … We expect to see massive growth in global cryptocurrency adoption habits in the near future,” said the vice president of Huawei Mobile Services, Dr. Jaime Gonzalo. Through the app, users will be able to buy products and services with Bitcoins. They will also have the possibility to follow cryptocurrency mining and get blockchain informations. It will also be an opportunity for Chinese customers to have a taste of cryptocurrency. So far, Google Play on Android and Apple’s App Store were not allowed by Chinese authorities…

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Telecom News

Strategic telecom partnership between China and Africa

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CTG (China Telecom Global) and Liquid Telecom (a pan-African telecom company) signed a deal to collaborate in the development of network solutions and services. In Johannesburg, Liquid Telecom’s headquarter held the signing ceremony between the Chinese and the African companies. Senior Representatives from China Telecom Donald Tan and Changhai Liu, and Liquid Telecoms CEO Nic Rudnick, and Chief Business Development officer Willem Marais, were present for this event. The two companies will be able to provide to their customers an extended coverage on those two parts of the world. “With more than 50 countries in the region, Africa is nonetheless the booming new market with the highest development rate just after Asia, and a very important market for CTG.” said Changhai Liu. As the Managing Director of China Telecom (Africa and Middle East) he also added, “This collaboration will enable both CTG and Liquid Telecom better serve our customers and…

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Cooperation between HGC and China Telecom in optical fiber connection

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China Telecom (China Telecommunication Corporation) and HGC (formerly Hutchinson Global Communication) will be working together in building a carrier-to-carrier fiber optic connection on the Hong Kong-Zhuhai-Macau Bridge. HGC, founded in 1992 under British ruling, is the leader in fixed-line operators. It also has an extensive number of infrastructures outside of Hong Kong. It is also one of Hong Kong’s main Wi-Fi provider with 29,000 hotspots. It is now owned by I Square Capital, under Asia Cube Global’s infrastructure. On the other hand, China Telecom is the most important state-owned telecommunication company in China. It manages the third largest broadband network in the world. Their internet offers has 160 million subscribers, and the customers’ number of their mobile service is 260 million. This Bridge connects Zhuhai, up north Macau, Macau itself and Hong Kong. It is set to open for vehicles on July 1rst 2018. It will also be used for…

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blockchain

Can Blockchain Globalize Number Portability?

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No doubt, “blockchain” is the hottest buzz word being discussed across all industries, and telecommunications is no exception. The blockchain is being proposed for use in various applications in the telecommunications industry, such as securing CDRs, billing data and access logs, ensuring data authenticity or ensuring strict operational procedures. Blockchain will certainly optimize costs by eliminating third-parties such as clearing houses, automating audits and improving fraud detection. However, there is one area where the use of blockchain technology has the potential to not only benefit the operators, but will have a revolutionary impact on the way we all understand, use and protect our identities. The Phone Number as your Digital ID Our phone number is our most valuable digital identity, and will remain the only unique international method of identification well into the future. The PSTN, which is wholly based on the use of phone numbers, is the largest social…

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Agreement between T-Mobile and Sprint to merge… if regulators agree !

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After months of battle and negotiations, the third and fourth largest wireless carriers in the U.S.A. finally agreed on a merger. The fusion between the two companies is one of massive proportions in terms of capital and clients, as it will be a $26 billions all-stock deal and will concern 127 millions customers. The main goal of this deal is to give birth to a strong opponent to AT&T and Verizon. Actually, the announcement might be due to T-Mobile’s fail to acquire a company called Straight Path a year ago, that focuses on providing technology, in the 28 GHz z to 39 GHz millimetre wave spectrum. Verizon, who won the bid gets an advantage in the 5G market. In order to be competitive in this new 5G technology the merger became necessary. T-Mobile and Sprint tried to merge 7 years ago, in a much different environment and the failed, as…

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