FRANKFURT (Reuters) - Deutsche Telekom is to set up a 500 million euro ($620.4 million) fund for technology ventures, giving the company more scope to invest in venture capital and innovation.
The fund, called Deutsche Telekom Capital Partners (DTCP), will be launched early next year and will focus on Germany’s growing tech start-up scene, the telecoms operator said on Tuesday.
The new fund will also expand its activities to include private equity investments in existing companies.
As automobiles become prolific gatherers of data, and as more private data is stored in the car and in the carmaker's cloud, we must escalate the importance of protecting the customers' data from black had operatives. Additionally, as ADAS and autonomous vehicles connect live actuators and car control to the data, the risks of malicious attacks on cars escalates to life-or-death level. As a result, automakers are far more aggressive about securing their products than would be your average smartphone app maker. There simply is much, much more hanging in the balance.
SAN FRANCISCO (Reuters) - Qualcomm Inc warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe.
China's expanding high-speed 4G network is driving demand for smartphones with leading-edge technology, but Qualcomm's opportunities have been clouded by an 11-month-old antitrust investigation there.
DUBAI (Reuters) - Nigerian phone tower group IHS has raised $2 billion in equity and $600 million in debt in what it says is the biggest equity fund raising by an African company this decade.
IHS, the continent’s largest tower company, will use the money to finance infrastructure spending and recently agreed acquisitions, according to a company statement on Monday.
It said the equity funding was from new and existing shareholders, but did not provide further details.
STOCKHOLM (Reuters) - Mobile telecoms gear maker Ericsson said on Friday a slowdown in North America created uncertainty over fourth quarter sales as operators cut spending after big investments in high-speed networks.
A build-out of the newest 4G/LTE networks by operators in North America, where Ericsson makes about a quarter of its sales and Chinese rival Huawei is effectively barred from doing business, has supported the Swedish firm at a time of stagnation in much of Europe.
BRUSSELS (Reuters) - The European Union has ended a long-running telecoms row with China, the EU's trade chief said on Monday, dropping a threat to levy punitive tariffs on Chinese telecoms exports and easing tensions between two of the world's top trading powers.
As Reuters reported exclusively on Oct. 8, the deal struck between Brussels and Beijing sets out a framework for China to address EU concerns about subsidies to Huawei [HWT.UL], China's No. 2 telecoms equipment maker, and its smaller rival ZTE.
The 6th TMT Finance & Investment Asia event will take place in Singapore on January 28 with a new expanded programme featuring 20 sessions on Telecom, Media and Digital Technology Investment Strategy for Asia.
Join us for this meeting, we'll look at the topic of privacy from the perspective of one potential solution: Personal Identity Management. How can businesses, individuals, and families manage their identities, their personal data, their privacy preferences, and do so globally across the Internet. Can we reach this goal, or will we forever be the victims of unscrupulous companies, governments, and hackers?
Join 100+ telecom executives on this 2 part meeting to discuss the technologies in entertainment. The first day of our two-day Entertainment sessions will focus on the content side: games, video, media, audio, apps, and more. The second day of our two-day Entertainment session will focus on the network side of the entertainment business. You have the option to register for 1 session or for both.
BERLIN (Reuters) - China and the European Union aim to end a long-running telecoms row this week, the EU's trade chief said on Friday, potentially easing tensions between two of the world's top trading powers.
Reuters reported exclusively last week that Europe was close to a deal with Beijing on defusing the issue of what Brussels says are illegal subsidies to Chinese makers of equipment for mobile telecom networks.