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Latest ICT news from the web

  • India's telecoms regulator Trai has ordered operators to slash the interconnection usage charge (IUC) – the mobile termination rate - starting from October 1, in a move that threatens to further disrupt the market.

    Starting next month, the IUC will be cut from 14 paise ($0.002) per minute to 6 paise per minute, Trai announced.

    The regulator also reportedly plans to scrap the…

    Telecom Asia News on Thursday, 21 September 2017
  • TNG FinTech Group has extended its global money transfer partnership with Tranglo Europe to cover the UK.

    TNG will invest $20 million to launch a local electronic wallet in the UK, becoming the first Asian FinTech company to access the European market with a next-generation financial services offering.

    With the service launch, TNG users will be able to make secure and instant…

    Telecom Asia News on Thursday, 21 September 2017
  • BT and the New South Wales government in Australia have announced the opening of a new global cyber security research and development hub in Sydney.

    The hub is an expansion of BT’s existing security operations center (SOC) in the city and will create up to 172 new highly skilled jobs over five years.

    The hub is BT’s first cyber security R&D facility outside of the United…

    Telecom Asia News on Thursday, 21 September 2017
  • An increase in mobile broadband penetration directly causes significant growth in a country's GDP, according to research from Ericsson and the Imperial College of London.

    A report into the importance of mobile broadband networks for global economic development found that a 10% increase in mobile broadband penetration triggers a 0.6% to 2.8% rise in GDP.

    Report co-author Harald…

    Telecom Asia News on Thursday, 21 September 2017
  • The global mobile phone insurance market is on track to grow to over $27 billion in revenue by the end of 2020, research from SNS Telecom indicates.

    The telecoms market research company estimates that the global market will account for $20.5 billion by the end of this year, and is in line to grow at a CAGR of around 10% over the next three.

    An SNS Research report notes that…

    Telecom Asia News on Thursday, 21 September 2017