telecom
Nokia plans to cut most mainland China jobs by end-2026
Nokia had about 7,200 employees across mainland China, Hong Kong, and Taiwan at the end of 2025.
Rakuten posts first quarterly net income in 6 years
Rakuten raised about 200 billion yen by selling held securities in May.
SoftBank Corp Q1 revenue hits record, beats estimates
SoftBank’s financial services segment saw operating income surge 107% in the prior fiscal year.
Indosat H1 revenue rises 13.1% as AI cloud grows
Indosat said its AI Cloud business generated US$33 million in the first half, surpassing the business’s full-year 2025 revenue of US$28 million.
ZTE unveils AI supernode amid Nvidia curbs
ZTE’s OEX supernode features a ‘three-zero cable’ design and supports multi-chip GPU combinations.
French billionaire to buy $6b Vodafone stake
Vega said the purchase is a long-term minority investment and that it does not intend to bid for all of Vodafone.
KT to invest $11.8b to expand AI business
CEO Park Yoon-young said KT will spend 12 trillion won (US$7.8 billion) on cybersecurity, IT, and networks over the next three years.
US FCC raises $3.5b to remove China tech
The FCC had estimated the work would cost $4.98 billion, compared with the $1.9 billion Congress appropriated.
Singtel sells $773m stake in Thai firm Gulf to fund AI
The divestment comes as Singtel plans to raise capital expenditure to about S$3 billion (US$2.32 billion).
Reliance Jio could file draft IPO papers within days: report
Jio is India’s largest mobile operator by market share, with a 39.21% share of mobile connections in March 2026.



