CommsWire - 15 May 2019
An iTWire publication complimentary to TelSoc financial members.
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Optus annual profits plunge, but rebound for the quarter
Australia’s second largest telco Optus has suffered a drop in net profits for the year ended 31 March, with profits plunging by 15.8% on the previous year.
Hawaiki, Trustpower ink deal for using cable system
New Zealand cable operator Hawaiki Submarine Cable has signed a deal with leading ISP and power utility Trustpower to provide the latter with significant capacity on the Hawaiki submarine cable system.
Bloomberg roasted for terming WhatsApp end-to-end encryption ‘a gimmick’
A number of well-respected security professionals have slammed the news agency Bloomberg for an op-ed it ran on Tuesday, claiming that WhatsApp's end-to-end encryption was a gimmick, after reports emerged that the app could be exploited by mobile spyware by merely calling the phone of a would-be victim.
Australians embrace IoT@Home to drive market past $1 billion
The Australian Internet of Things at home (IoT@Home) market grew 57% during the past 12 months to $1.1 billion in 2018 and is forecast to reach $5.3 billion by 2023, according to new research.
IDC says India smartphone shipments up 7.1% in 1Q2019
India's smartphone shipments for the first quarter of 2019 grew by 7.1% year-on-year, the global market intelligence provider IDC says, adding that 32.1 million units were shipped despite a 6% drop in global shipments for the quarter.