Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
New Zealand’s incumbent operator Spark NZ has expanded its partnership with Huawei aimed at bringing new mobile technologies to the market.
The companies signed an MoU covering further collaboration between Spark and Huawei’s gobal R&D network.
The Joint Innovation Programme covers initiatives including deployment of carrier aggregation technology on its 4G sites, an upgrade for Spark’s 3G network nationwide and the use of LTE technology to take advantage of Spark’s newly-acquired 700-MHz spectrum.
Spark aims to use the 700-MHz band to improve rural coverage due to its increased range, and to augment its urban coverage with better building penetration.
“These sorts of partnerships play a strong role in Huawei’s product development. They allow us to meet regularly with customers, discuss how consumers are using their networks and the ways in which we can help to improve their experience,” Huawei NZ CEO Jason Wu said. Original post at Telecomasia