Telecom breaking news as at today
Here are some breaking news updates in the telecom industry as of today:
1. Verizon to Acquire TracFone for $6.25 Billion
Verizon Communications has agreed to acquire TracFone Wireless, a prepaid wireless carrier, for $6.25 billion. The deal is expected to close in the second half of 2023 and will expand Verizon's presence in the prepaid market. (Source: Reuters)
2. T-Mobile to Launch 5G Home Internet Service
T-Mobile has announced plans to launch a 5G home internet service, which will offer speeds of up to 1 Gbps. The service will be available in select areas starting in the second half of 2023. (Source: T-Mobile)
3. AT&T to Sell WarnerMedia to Discovery for $43 Billion
AT&T has agreed to sell its WarnerMedia division, which includes HBO, CNN, and TBS, to Discovery, Inc. for $43 billion. The deal is expected to close in the second half of 2023. (Source: The New York Times)
4. Google to Launch Low-Cost Pixel Phone
Google is reportedly planning to launch a low-cost Pixel phone, which will be priced around $300. The phone is expected to feature a mid-range processor and a lower-resolution camera compared to the flagship Pixel phones. (Source: 9to5Google)
5. China Unicom to Launch 5G Network in Hong Kong
China Unicom has announced plans to launch a 5G network in Hong Kong, which will offer speeds of up to 2 Gbps. The service will be available starting in the second half of 2023. (Source: South China Morning Post)
6. Nokia to Supply 5G Equipment to Turkcell
Nokia has announced a deal to supply 5G equipment to Turkcell, a Turkish telecommunications operator. The deal is worth around $100 million and will enable Turkcell to launch 5G services in Turkey. (Source: Nokia)
7. Ericsson to Supply 5G Equipment to MTN
Ericsson has announced a deal to supply 5G equipment to MTN, a South African telecommunications operator. The deal is worth around $100 million and will enable MTN to launch 5G services in South Africa. (Source: Ericsson)
These are just a few of the latest breaking news updates in the telecom industry. Stay tuned for more updates!