News: ICT-related News

China is significantly outpacing the US in terms of spending on the infrastructure necessary to ensure 5G readiness, according to a new study by Deloitte.

The study found that since 2015, China has outspent the US on investments critical to 5G by around $24 billion.

China built around 350,000 new cell sites over this period, compared to fewer than 30,000 for the US.

…

India's Reliance Communications (RCom) has received court approval to proceed with the sale of its wireless assets to Reliance Jio Infocomm, after agreeing to pay creditor Ericsson 5.5 billion rupees ($80.1 million) to settle the insolvency petitions filed by the Swedish vendor.

In a statement to the Bombay Stock Exchange, RCom said India's Supreme Court has passed an order allowing…

Blockchain deployments will enable banks to realize savings on cross-border settlement transactions of more than $27 billion by the end of 2030, Juniper Research predicts.

In a new paper entitled The Future of Blockchain: Key Vertical Opportunities & Deployment Strategies 2018-2030, the research firm said blockchain can reduce costs by more than 11% per on-chain transaction.

Technology Business Research’s (TBR) latest NFV/SDN Telecom Market Forecast predicts that mainstream adoption of NFV/SDN is now set for the early 2020s due to operators encountering challenges with migration.

Between 2017-2022 5G will also serve as the underlying catalyst for increased NFV/SDN spending. 5G will push operators to adopt a new network architecture, and virtualization will…

A modern, efficient, and low-cost three-wheeler vehicle is an ideal fit for Asian cities.