telecom

Nokia plans to cut most mainland China jobs by end-2026
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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.
Aiko Gao Ishida · · 1 min read
Rakuten posts first quarterly net income in 6 years
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Rakuten posts first quarterly net income in 6 years

Rakuten raised about 200 billion yen by selling held securities in May.
Diya Lal · · 1 min read
SoftBank Corp Q1 revenue hits record, beats estimates
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SoftBank Corp Q1 revenue hits record, beats estimates

SoftBank’s financial services segment saw operating income surge 107% in the prior fiscal year.
Naomi Li Gan · · 1 min read
Indosat H1 revenue rises 13.1% as AI cloud grows
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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.
Naomi Li Gan · · 1 min read
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ZTE unveils AI supernode amid Nvidia curbs

ZTE’s OEX supernode features a ‘three-zero cable’ design and supports multi-chip GPU combinations.
Minh Le · · 1 min read
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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.
Diya Lal · · 1 min read
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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.
Naomi Li Gan · · 1 min read
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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.
Diya Lal · · 1 min read
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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).
Grace Priscilla Teo · · 1 min read
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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.
Aiko Gao Ishida · · 1 min read