TelSoc news items

Huawei founder says US bans will cost company US$25B

AGL Energy pulls out of bid for Vocus Communications
Australia's fourth largest telecommunications operator Vocus Communications has lost another suitor, with AGL Energy announcing on Monday that it had withdrawn its non-binding, indicative proposal to acquire the firm.

Broadcom says Huawei ban will mean US$2b less in revenue

TIO launches new website with ‘easier access’ for complaints

Energy firm AGL seeks to buy Vocus for $3b
Vocus Communications has received another takeover offer, this time from AGL Energy, which has made a bid to buy all the shares in the company for $4.85 a share, meaning that the total bid would come to a shade over $3 billion.

Russian carrier MTS signs 5G deal with Huawei
Russian telecommunications operator MTS has signed a 5G deal with Chinese telecommunications equipment vendor Huawei Technologies, with the network to be developed over the next year.

Trade war: Cook does not fear that China will target Apple
Apple chief executive Tim Cook says he does not anticipate that China will target Apple as a means of retaliating for US actions in the ongoing trade war.

Swedish firm EQT Infrastructure ends takeover talks with Vocus
Swedish private equity firm EQT Infrastructure has ended talks with Vocus Communications over a possible takeover which valued the company at A$3.3 billion, the Australian firm says.

Telstra makes big cuts in payphone call rates
Telstra has announced that it would be sharply reducing the rates for calls placed from its 15,500 public payphones across the country.

US-China trade war set to hit global smartphone market
The global smartphone market faces another challenging year in 2019, with the US-China trade war the factor that will have the biggest say on whether the market returns to growth or not, the research firm IDC says.

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