BEIJING (Reuters) - China has resumed work on a set of banking cyber security regulations it suspended earlier this year, reviving a potential source of friction with the United States just weeks before Xi Jinping makes his first trip to Washington as China's president, people with knowledge of the matter said.
MUMBAI (Reuters) - India's leading mobile phone network operators Bharti Airtel Ltd and Vodafone India are among the 11 companies selected by the country's central bank to help set up "payments banks", aimed at granting millions of citizens access to basic banking.
Energy-to-telecoms conglomerate Reliance Industries Ltd, controlled by India's richest man Mukesh Ambani, which plans to set up a payments bank in a partnership with top lender State Bank of India (SBI), was also among the winners.
UNITED NATIONS (Reuters) - The United Nations said it expects member states to respect its right to privacy and is assessing how to respond to a report that telecommunications company AT&T Inc helped the U.S. National Security Agency spy on the world body's communications.
The company gave technical assistance to the NSA in carrying out a secret court order allowing wiretapping of all Internet communications at the headquarters of the United Nations, an AT&T customer, the New York Times reported on Saturday.
The value chain for telephony APIs takes many forms depending on the specific capabilities of an API. Generically, the network API value chain initiates from carrier which serves as the primary resource pool for assets and capabilities. Through network APIs these assets are exposed to developers.
Developers may have to work in conjunction with Web/Enterprise asset providers to integrate functionalities with other applications or web interfaces.
BEIJING (Reuters) - American business groups are lobbying U.S. President Barack Obama to press Chinese counterpart Xi Jinping on technology protectionism concerns during Xi's upcoming U.S. visit, according to a letter addressed to Obama seen by Reuters.
MEXICO CITY (Reuters) - America Movil is still sniffing out deals in Europe, which could become twice as important for the Mexican telecom company's revenue base within five years, its chief financial officer said on Wednesday.
Shares of America Movil, which is controlled by the family of billionaire Carlos Slim, are down more than 5 percent this year as it grapples with the prospect of competition from AT&T Inc, tough new regulation in its biggest market, Mexico, as well as likely recession in its second-largest market, Brazil.
FRANKFURT (Reuters) - Germany's United Internet is seeking to buy urban fiber-optic networks to expand the national grid of Versatel, which it bought last year, its chief executive told Reuters.
Ralph Dommermuth said he was also on the lookout for more acquisitions to bolster its business applications unit, which it may list separately on the stock exchange, following the acquisition of Poland's biggest web hoster home.pl.
JERUSALEM (Reuters) - Israel presented a proposal to the Palestinian Authority that could enable the opening of a long-awaited Palestinian 3G mobile network in the occupied West Bank.
Meetings held on Thursday had led to an agreement in principle and hinged on the Palestinians meeting Israeli conditions, said a spokesman for the Communications Ministry. He declined to comment on specific terms.
(Reuters) - Network equipment maker Cisco Systems Inc reported higher-than-expected quarterly revenue and profit as strong demand for its products in the United States more than offset weakness elsewhere.
Shares of Cisco, considered a bellwether for the performance of the broader network gear industry, rose nearly 4 percent in extended trading on Wednesday.
(Reuters) - AT&T Inc said on Wednesday it expects revenue, earnings and free cash flow to grow through 2018 following its DirecTV purchase and investments in Mexico, though it also sees higher capital expenditure.
As the U.S. wireless market reaches saturation, AT&T hopes to tap into DirecTV's video assets and has been expanding its wireless operations in Mexico to grow revenue.
AT&T, which closed its $48.5 billion acquisition of DirecTV in July, also plans to deliver video content through ad-supported TV streaming and mobile video products to unlock new revenue.