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PR Newswire

TECNO Mobile launches the groundbreaking five camera-equipped Spark 5

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HONG KONG, May 13, 2020 /PRNewswire/ — TECNO Mobile, a global premier mobile phone brand, has announced the launch of the groundbreaking Spark 5 smartphone. Equipped with five cameras and a powerful 5,000 mAh battery, the Spark 5 will bring photos and videos to life on its 6.6 inch dot-in-display. The Spark 5 will feature TECNO’s HI OS 6.0 straight out of the box, which is built on Android Q, and will be available at leading retailers in the global market.

The SPARK 5 brings unmatched quality in image and video creation powered by its 13 megapixel AI Quad camera on the back and an 8 megapixel front camera. Each of the four rear AI cameras are equipped with specific capabilities – depth, primary camera, macro lens, and AI lens – delivering an extraordinary visual experience to users and showcasing TECNO Mobile’s innovative use of artificial intelligence technologies.

Stephen Ha, General Manager of Tecno Mobile, commented on the launch: “We continue to see demand for our innovative smartphones in the Middle East and we are excited to be launching the Spark 5 in the region. As a brand founded on the principle of innovation and the value of AI technologies, the new Spark 5’s five cameras will appeal to users looking for a power-packed smartphone at an accessible price. Users can enjoy a better-connected life by sparking their creativity with the state-of-the-art camera technology at your fingertips, and share content easily with their friends and families through social media channels.” 

Photography enthusiasts can take professional-grade photographs in all modes and with various effects, including the bokeh effect, AI HDR, macro mode and AI portrait mode, making full use of the Spark 5’s powerful cameras. The cutting-edge “immersive screen” will provide users with a one-of-a-kind true full screen viewing experience.

With its upgraded AI Camera 3.0 algorithm and AI Scene Detection, users will transform their photography experience: elevating the quality of photos they take, and making full use of the phone’s six flashes — including four which are situated around the rear camera with dual front camera flash. With the macro mode, users will be able to take extreme close-ups up to four cm away from the subject, allowing them to focus on the details that matter. 

The SPARK 5 also features AI HDR technology which increases dynamic range beyond what is captured by the camera’s sensors, allowing users to take photos with less noise and sharper details. SPARK 5’s elegant design comes in four colour options of Ice Jadeite, Spark Orange, Vacation Blue and Misty Grey.

A feature-packed powerful smartphone for everyone

  • Camera: 8-megapixel front camera and 13-megapixel rear AI quad camera with 4 back flash and dual front flash.
  • Software, Connectivity and Network: WIFI/BT 5.0 with a 4G LTE enabled network and a 2 Nano Sim slots.
  • Android Q with MT6761 processor and a 32 GB + 2GB memory. The device operates on HiOS which is a customized version of Android mobile operating system. It allows for a wide range of user customization without requiring rooting the mobile device. The operating system is also equipped with utility applications that allow users to free up memory, freeze applications, limit data accessibility to applications, and other useful features.
  • Display: SPARK 5’s 6.6 inch dot in display screen is a massive beauty. It gives you a screen with a 90.2% perfect screen ratio allowing for a much broader and a more wonderful viewing experience with a screen resolution of 720*1600 HD that provides extremely sharp display.
  • Battery: 5,000 mAh that will last you all day on a single charge. Even with power consuming applications running on your tabs, the phone will get you through the entire day.

For more information, please visit TECNO Mobile at www.tecno-mobile.com

About TECNO Mobile

TECNO Mobile is a premium smartphone brand from TRANSSION Holdings. Upholding the brand essence of “Expect More”, TECNO is committed to giving the masses access to latest technology at accessible prices, allowing the consumers to reach beyond their current limitations and uncover a world of possibilities. TECNO understands the needs of consumers from different markets and provides them with localized innovations across a product portfolio featuring smartphones, tablets, and feature phones. TECNO is a major global player with presence in around 60 emerging markets across the world. It is also the global Official Tablet and Handset Partner of Manchester City Football Club. For more information, please visit: www.tecno-mobile.com

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PR Newswire

Reaching wider audience with SHAREit

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CAIRO and JAKARTA, Indonesia, May 12, 2020 /PRNewswire/ — Marketing plays a major role in helping brands in identifying, anticipating and satisfying customer needs while also building a deeper connection with them. Marketing has been an ever evolving field and as the costs for innovation increase, the costs associated with not keeping up are higher yet.

This discussion is probably relevant now more than ever. With the ongoing pandemic shaping the structure of a new way of life, how do brands evolve to stay connected to the consumers. The past few months have witnessed numerous changes in the behavior of consumers and their general way of life. Social Distancing is here to stay, and it is clear that the effects of COVID-19 would last way beyond these few months. Content consumption has increased significantly, and this has induced brands to reconsider their marketing plans to align with this change.

SHAREit
SHAREit

One of the major examples of the changes and impacts caused by the outbreak of COVID-19 is during the month of Ramadan in Islamic countries. It’s the month in which Muslims across the world socialize with others, fast, pray, and reflect their acts to the community and themselves which is why it’s also known as “The holy month of Ramadan’. Usually, promotion and sales have been at its peak during the month of Ramadan, but due to the pandemic, sales have plunged due to the decrease in social income and economic welfare.

The scenario narrated above provides a grim, yet hopeful picture and it is safe to say that the growth of digital marketing is inevitable. Brands are looking for newer avenues to engage with consumers and content sharing platforms such as SHAREit as one of the perfect alternatives.

The rise of SHAREit as a digital marketing platform can be attributed to its diverse user base with over 1.8 billion users speaking 45 languages in about 200 countries. It ranks among the top 10 in all time application downloads. Furthermore, SHAREit’s uniqueness also lies in the fact that content on SHAREit works seamlessly online and offline while providing marketers with a significant incremental audience with one third of SHAREit’s users not being on Facebook.

Especially during the pandemic, there have been big increases in digital activity, leading to brands spending significant parts of their budgets on online advertising in order to reach out to users who are under strict lockdowns. An increase in the amount of time spent playing games and watching videos has also been observed. SHAREit which has millions of short videos and online games on its platform apart from its sharing utility, offers performance and branding advertising solutions which are very effective and efficient in driving sales for brands reaching out to their users in markets like Middle East (Saudi Arabia, UAE, Egypt) and SEA (Indonesia, Philippines, Malaysia) regions. SHAREit is also one of the leading online platforms in these regions.

A vital consideration for brands is to design appropriate messaging for their target audiences. This depends in a major way, on the content consumption patterns of the target audience. If the consumers are interested in consuming light-hearted short format content, the brand communication would be more efficient if it is designed in the same manner. Consumption insights hence play a major role in communicating the right message.

The capabilities of SHAREit hence are unmatched. SHAREit is the first ecosystem to partner with Google Play to verify, authenticate and attribute each peer 2 peer app. Owing to SHAREit being a one of a kind combination of file sharing and content consumption platform, it can provide vital insights for content consumption as well as application interest profile that could assist brands in making an informed decision.

About SHAREit:

SHAREit is a global technology company that provides content discovery, consumption and sharing functionality to its users. According to AppAnnie, SHAREit app was the 6th most downloaded app in 2019 across the Apple iOS App Store and Google Play Store. There are more than 1.8 billion users worldwide, and with more than 600 million users in India and Indonesia, SHAREit’s Monthly Active Users (MAU) has exceeded 500 million users and operating in 45 different languages.

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PR Newswire

Airtel Selects IBM and Red Hat to build Open Hybrid Cloud Network

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Platform to ready Airtel’s network for emerging technologies such as 5G and Edge Computing, enable its partners to deploy advanced B2B & B2C applications  

Designed to enhance network efficiency and performance, improve customer experience 

ARMONK, New York and NEW DELHI, India, May 11, 2020 /PRNewswire/ — Bharti Airtel (“Airtel”), one of India’s largest integrated telcos, has selected IBM (NYSE: IBM) and Red Hat to build its new telco network cloud, designed to make it more efficient, flexible and future-ready to support core operations and enable new digital services. Under the agreement, Airtel will build its next generation core network, analytical tools and new consumer and enterprise services on top of this cloud platform based on open standards.

With the new network cloud, Airtel intends to deliver a better customer experience through enhanced network performance, improved availability, operations automation and scaling the network to the edge. This is designed to reduce latency and improve bandwidth availability and automation, thereby strengthening the overall quality of the network.

India’s data consumption is expected to grow at a compounded annual growth rate (CAGR) of over 70% by 20221. Adopting a modern hybrid cloud architecture enables communication service providers (CSPs) to deliver more responsive networks that tap into automation and AI to address growing customer needs and deploy new services at the right location and network tier.

Using IBM and Red Hat’s portfolio of hybrid cloud and cognitive enterprise capabilities, Airtel plans to adopt an open cloud architecture that uses Red Hat OpenStack Platform for all network workloads and Red Hat OpenShift for newer containerized workloads. It will also tap into Red Hat’s ecosystem of network OEMs. In the future, Airtel’s open hybrid cloud platform is expected to help enable new revenue streams with the on-boarding of third-party services including gaming, remote media production and enterprise services. By embracing IBM and Red Hat’s hybrid cloud technology all the way to the network edge, Airtel aims to achieve improvement in time-to-market of services, reduction in operating expenses and reduced capital expenses.

The network cloud will also position ecosystem partners, including B2B and B2C application developers, to create value-added services, including new edge offerings. The multicloud platform and end-to-end intent-based lifecycle management will help onboard these services faster on the network cloud and seamlessly integrate these services with current fulfilment, assurance and billing processes. Additionally, the network cloud is embedded with AI, designed to facilitate automation in onboarding and improvs monitoring and predictive capabilities for different services from network equipment providers.

“As part of our endeavor to build a 5G ready network for India’s requirements, we are pleased to collaborate with IBM and Red Hat in our cloud journey,” said Randeep Sekhon, CTO, Bharti Airtel. Our goal with this powerful, seamless horizontal approach is to make our network future ready and enable Airtel to efficiently serve the massive surge in data consumption. The hybrid cloud architecture will resonate with our customer-obsession by providing improved flexibility, network stability and performance and bringing agility and automation in our network operations.” 

“Through its collaboration with IBM and Red Hat, Airtel will be building a modern, innovative and more responsive network infused with automation and AI, that will provide the consistency and agility needed for today’s rapidly changing marketplace,” said Steve Canepa, Global Managing Director, Communications Sector and Worldwide Head of Telecommunications, Media & Entertainment Industry, IBM. “IBM is a valued collaborator to many of the world’s largest and most innovative communications service providers like Airtel as they transform their networks into open and secure hybrid multicloud platforms and prepare for the 5G and edge computing era.”

“Red Hat is providing innovative open source solutions to help Airtel improve flexibility and reduce development time, so they can stay competitive in the rapidly evolving telecommunications market,” said Darrell Jordan-Smith, global vice president, vertical industries and accounts, Red Hat. “By adopting a more agile approach to network operations based on Red Hat’s open hybrid cloud technologies, Airtel is building a future-ready platform to meet the evolving needs of its customers.”

About Airtel
Bharti Airtel Limited (“Airtel”) is a leading global telecommunications company with operations in 18 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 3 mobile service providers globally in terms of subscribers. In India, the company’s product offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high speed home broadband, DTH, enterprise services including national & international long distance services to carriers. In the rest of the geographies, it offers 2G, 3G, 4G wireless services and mobile commerce. Bharti Airtel had over 418 million customers across its operations at the end of December 2019. To know more please visit, www.airtel.com

Red Hat® and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. The OpenStack® Word Mark is either a registered trademark/service mark or trademark/service mark of the OpenStack Foundation, in the United States and other countries, and is used with the OpenStack Foundation’s permission. Red Hat is not affiliated with, endorsed or sponsored by the OpenStack Foundation, or the OpenStack community.

About IBM

For more information please visit https://www.ibm.com/cloud

Sources:
[1] https://www.assocham.org/newsdetail.php?id=7075

Contact:
Marisa Conway
IBM Media Relations
conwaym@us.ibm.com

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PR Newswire

Vodafone Idea Limited Achieves Major Production Milestone with IBM and Red Hat for its Open Universal Hybrid Cloud for Network and IT workloads

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ARMONK, New York and NEW DELHI, May 11, 2020 /PRNewswire/ — IBM (NYSE: IBM) announced that Vodafone Idea Limited (VIL) has delivered the first major production milestone for core network functions on its Open Universal Hybrid Cloud, powered by IBM and Red Hat. The platform now enables IT and network applications to run on a common cloud architecture – designed to deliver breakthrough ROI improvements through optimization of CapEx, OpEx, skills and automation investments across both the Network and IT application domains.

The Open Universal Hybrid Cloud is a hybrid cloud platform that is based on open technology and open standards from IBM and Red Hat. It enables Vodafone Idea to better serve nearly 300 million subscribers by simplifying and transforming its IT and telecom network operations. The new platform is deployed across many distributed Vodafone Idea cloud microsites across India, as well as its central IT operations which are also run by IBM.

This platform enables radical automation through standardization. A wide range of capabilities from IBM and Red Hat, including Watson AI and Red Hat Ansible Automation Platform, will strengthen VIL’s capability in network and IT planning. New network cloud microsites and IT capacity will now be able to be provisioned in an agile way, enabling faster deployments and cost efficiency.

This platform, which has the potential to deliver a step change in the cost and quality of core network delivery, enables new distributed edge compute capabilities that can seamlessly blend network and IT functions. IBM and Vodafone Idea’s breakthrough secured hybrid cloud is also built for business and the provisioning of highly differentiated B2B services to the India market. Vodafone Idea and IBM plan to work together as Vodafone Idea brings additional B2B services to market, like blockchain based solutions, in key industry verticals such as retail and financial services.

IBM has been a key IT partner to Vodafone Idea for more than a decade. Today’s news extends and builds upon previous hybrid cloud collaborations between Vodafone Idea, IBM and Red Hat. This includes the agreement in May 2019 to deliver an enhanced customer experience to millions of connected consumers and businesses in India through further enhancements of Vodafone Idea’s IT hybrid cloud, resulting in the delivery of the IT facet of the company’s Open Universal Hybrid Cloud.

It also builds on the October 2019 announcement of Vodafone Idea’s adoption of Red Hat technologies to build, operate, automate and orchestrate the Network Cloud. This paved the way for integrating network function into the Open Universal Hybrid Cloud.

Today’s announcement brings it all together, with a single Open Universal Hybrid Cloud supporting both IT and network function within Vodafone Idea, and enabling those capabilities to be taken to market with extreme agility.

“Through our collaboration with IBM and Red Hat, we are adopting open standards and leading with highly automated, machine learning based hybrid cloud solutions to create India’s first Open Universal Hybrid Cloud that supports our most mission-critical operations across Network and IT systems, and B2B Enterprise customer offerings. This is part of our transformation journey to set up a robust, future ready network,” said Vishant Vora, CTO of Vodafone Idea Limited. 

“As major communication service providers like Vodafone Idea continue to modernize, they are turning to IBM as their strategic partner to build, deploy and manage their networks as an open cloud platform with telco-grade security,” said Steve Canepa, Global Managing Director and Worldwide Head of Telecommunications, Media & Entertainment Industry, IBM. “By selecting IBM and Red Hat, VIL will benefit from our commitment to open architecture, our scale investments in   automation and AI capabilities, and our proven industry expertise.”

“We are pleased that Vodafone Idea continues to build on Red Hat as one of the core technologies to deliver its Open Universal Hybrid Cloud,” said Ashesh Badani, Senior Vice President, Cloud Platforms, Red Hat. “By accelerating automation of the network and serving as a key enabler of converging its network and IT domains with a common architecture, Red Hat is helping Vodafone Idea to bring the platform to a broad range of customers, including small to medium-sized enterprises and start-ups.”

About IBM
For more information please visit https://www.ibm.com/cloud

Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.

Contact:
Marisa Conway
IBM Media Relations
conwaym@us.ibm.com

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PR Newswire

TCL: Smarter Connectivity Helps Improve Stay-at-Home Work and Life

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HONG KONG, May 11, 2020 /PRNewswire/ — Increased global demand for home working and education has led to a surge in consumer expectations towards the quality of their home networks, and in areas where fixed networks are not available, mobile networks are alleviating user’s needs for fast and convenient coverage. Many mainstream global operators have lifted certain data restrictions on 4G traffic for users, and are providing employees and users with more reliable choices for smart connected products. Whether it’s online workspaces, meeting facilities, classrooms, entertainment, or communications with friends and family, uninterrupted network coverage without dead zones has become a basic need for millions, if not billions of people around the world.

According to data from TSR Research, global shipments of smart connected products will continue to grow in the next four years. Operator orders almost dominate the shipments of this category. As a world-leading mobile terminal manufacturer, TCL Communication has long-standing partnerships with 140 global operators and channel partners, including the likes of EE, BT, T-mobile, Orange, Optus, TIM and others. These partnerships have helped drive significant growth in its smart connectivity business, including MiFi devices. Taking Alcatel Linkzone as an example, the pocket-sized, high-speed mobile wireless hotspot device converts mobile service into high-speed broadband, enabling households without fixed broadband services to maintain high-speed connections at home. Overall, TCL expects shipments of smart connected devices in the second quarter of this year to be double that of previous forecasts.

TCL Communication has provided mobile connectivity around the world through the operation of its two main global brands – Alcatel and TCL. Its smart connection business first began in 2008, and in September 2018, it officially promoted its Smart Connectivity Division to a higher strategic level, adopting AI x IoT as a central strategy to deliver on its ambition to provide safe and healthy products for its global users, which it achieves through a focus on home and mobile usage occasions. At present, TCL’s smart connection products cover a wide range of categories, including Wi-Fi routers, mesh routers, MiFi devices, car module devices, children’s smart watches, headphones, luggage/personal belongings trackers and pet trackers. When working in tandem, together with TCL’s mobile phones, tablets, TVs and home appliances, these devices can combine to create an ecosystem of smart connectivity.

“As a global manufacturer offering a fully integrated ecosystem of smart products that cover virtually every aspect of our life, TCL has long been focusing on the health and safety of our end-users when developing our Smart Connectivity Devices,” said Sharon Xiao, General Manager of Smart Connectivity Division at TCL Communication. “With the sudden and rapid onset of the current pandemic, these two needs have never been more important as people continue to spend most of their work and leisure time at home. In such difficult circumstances, smart connectivity technology has been helping to make our lives that bit easier and more efficient.”

TCL has added many health and safety features to its products, especially products designed for children and families. All TCL Wi-Fi routers for example allow parents to control the time during which their children can access the internet and the websites they have access to. TCL’s smart watch for kids, the MOVETIME Family Watch MT43K, enables parents to monitor their children’s location, receive instant notifications when their children exit a preset safe zone or when they push the SOS button, and establish immediate contact through the watch’s hands-free, 4G two-way calling and voice messaging functions. In addition to a daily activity tracker that counts steps, calories burned and distance walked, TCL is planning to add a thermometer to its next model of smart watches for kids. The thermometer will constantly monitor the child’s temperature and send an alert to parents if the temperature strays outside a normal range. Children will also benefit from TCL’s soon-to-be-released headphones, which protect hearing by limiting the output volume to a maximum of 85dB – the highest permissible sound level recommended by the WHO for sustained sound exposure of up to 8 hours per day.

Sharon Xiao said, “TCL Communication’s existing footprint in Smart Connectivity Devices has allowed us to step up to the plate and do our part to help millions of families cope during these difficult times. We have a clear vision on how smart connection devices create better living spaces, and we will continue to further explore how our design-led strategy can help to improve the health and safety of our consumers, both now and in the future.”

ABOUT TCL 

TCL is one of the world’s fastest-growing consumer electronics companies, and a global leading television and mobile device brand. Incorporated in Hong Kong, China. TCL operates its own manufacturing and R&D centers worldwide with products sold in more than 160 countries throughout North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. TCL specializes in the research, development and manufacturing of consumer electronics ranging from TVs (TCL Electronics: 1070.HK), mobile phones, audio devices and smart home products. 

TCL is a registered trademark of TCL Technology Group Corporation (000100.SZ). All other trademarks are the property of their respective owners.

For more information, please visit http://www.tcl.com/global/en.html. 

PRESS CONTACT

Yijing Zhao
+86-131-3382-6572
yijing.zhao@yyoungpr.com 

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Source: TCL Communication Technology Holdings Ltd.

PR Newswire

Sushant Rai Joins TVU Networks as New Vice President of Sales for South Asia, Middle East and Africa

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MOUNTAIN VIEW, CALIFORNIA, May 11, 2020 /PRNewswire/ — Sushant Rai is the new Vice President, Sales – South Asia, Middle East and Africa for TVU Networks, a technology and market leader in cloud and IP-based live video solutions. Sushant will lead strategic sales efforts across all three major regions with sales and solutions teams consolidating under his leadership.

Mr.Sushant - TVU Vice President of Sales
Mr.Sushant – TVU Vice President of Sales

Prior to joining TVU, Sushant held multiple senior executive roles in well-respected technology and solutions providers in the broadcast industry. Most recently at Harmonic, he was Managing Director, Sales for South Asia for three years. Prior to that, Sushant was Head, Broadcast and Operator Sales for Dolby Labs in India. Before joining Dolby, he was Director, Media Asset Management, South Asia for Vizrt.

“Sushant brings proven sales leadership success and technology acumen to strategically critical regions of the world for us, and we are delighted to welcome him to the TVU family,” said Paul Shen, CEO, TVU Networks. “During a time of transition globally in the broadcast industry, his deep knowledge of broadcast systems and accomplishments in delivering workflow design and implementation will serve our current and future customers well. As a passionate evangelist for media technology, we are looking forward to having his insights help guide growth across Asia, Middle East and Africa and on global initiatives as a part of the executive team.”

“During this unprecedented time, our customers are faced with business continuity challenges that require them to rethink the way broadcast workflows can be operated and managed. In order to deliver the same media content their viewers have come to expect, broadcasters must look to more cloud and IP based technologies and solutions to overcome the current restrictions which have impacted traditional in-studio workflows,” says Sushant. “TVU is well positioned to help all broadcasters to transition to cloud and IP solutions that will help minimize disruption and to take advantage of efficiency in workflows. I am excited to be able to lead our teams and demonstrate our capabilities to our customers.”

About TVU Networks

Technology and Engineering Emmy® Award winning TVU Networks has over 3,000 customers globally. The TVU Networks family of IP and cloud-based transmission and live production solutions gives broadcasters and organizations a powerful and reliable workflow to distribute live video content to broadcast, online and mobile platforms. TVU has become a critical part of the operations of many major media companies. The TVU Networks suite of solutions has been used to acquire, transmit, produce, manage and distribute professional-quality live IP and cloud HD footage as an integral part of news, sports and major global events. For more information about TVU Networks solutions, please visit www.tvunetworks.com.

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PR Newswire

Nokia fails to secure 5G contracts in China due to technical issues

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BEIJING, May 10, 2020 /PRNewswire/ — A news report by China.org.cn on Nokia fails to secure 5G contracts in China due to technical issues.

A visitor experiences an interactive football shooting game supported by 5G technology at Nokia's exhibition stand during the First China International Import Expo on Nov. 8, 2018.
A visitor experiences an interactive football shooting game supported by 5G technology at Nokia’s exhibition stand during the First China International Import Expo on Nov. 8, 2018.

Finland-based telecommunications equipment company Nokia has come away almost empty-handed in terms of huge 5G contracts awarded by China’s big three telecom carriers.

Deals reportedly worth nearly $10 billion have been awarded by China Mobile, China Telecom and China Unicom over the last few weeks, with Nokia being noticeably absent from the list of vendors selected for the next phase of China’s 5G radio business.

Nokia was unable or unwilling to meet Chinese technical requirements, according to new analysis published on Light Reading, a website for professionals in the communications industry.

Kristian Pullola, the chief financial officer of Nokia, said during a conversation with the website, “We have steered our 5G R&D work in a way where we have optimized for global features, and features for more profitable markets, and maybe because of that we did not do some local customization needed for China.”

The new analysis noted, “Those remarks may feed into concern that Nokia is struggling to compete against rivals even as it works on a turnaround at its 5G business.”

While Nokia did not make a mark in the country, its fellow Nordic competitor Ericsson gained a market share in China during the recent 5G contract awards.

After landing a contract with China Mobile worth around $593 million, the Swedish company reportedly also picked up a double-digit share of a massive 5G tender issued by China Telecom and China Unicom.

The differing outcome for the two vendors also highlights Nokia’s challenges in making its 5G products more competitive, as the company has been struggling to tackle costs and delivery delays.

Last year, Nokia alerted its investors to difficulties with 5G products that disrupted its margins and upset cost-saving targets, which were partly blamed on the acquisition of Alcatel-Lucent in 2016.

However, Nokia also made the mistake of choosing expensive programmable 5G components that have made its products less profitable than its rivals’, according to the report on Light Reading.

During the earnings call for the third quarter of 2019, Nokia acknowledged that its 5G profit margins were dampened by the high cost of its “ReefShark” chipset.

In addition, there have been reports that Nokia’s equipment was to blame for some 5G rollout delays, especially in the United States, where the company is particularly setting its sights for growth. For example, Nokia was mentioned in connection with Sprint’s delay of 5G in four cities during August 2019.

Another major reason for Nokia’s failure to procure a piece of the 5G tender is because the Finnish company has chosen to prioritize European and American markets over the Chinese one. This was revealed by its financial report for the first quarter of 2020.

According to the report released on April 30, Nokia’s sales revenue in Greater China stood at 308 million euros between January and March, accounting for only around 6 percent of its global total, and a drop of 29 percent compared with the previous year.

In the report, Nokia said that the networks had been hit by “an increase in competitive intensity, combined with our prudent approach toward deal-making” in China.

In contrast, the company generated more than 29 billion euros in Europe and North America, which was approximately 60 percent of its overall sales.

In an interview with Reuters, Nokia’s Chief Executive Rajeev Suri stated that in terms of 5G radio equipment markets, China was a large part of the global market but not so much from a revenue standpoint.

“So, people only speak about the volume share being 50, 60 percent. But when it comes to the revenue share, the value share of that market, it’s about half that,” he added. “And then the profit share in the medium term is actually negligible as part of the global market.”

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PR Newswire

maaiiconnect’s brand refresh represents a new era in customer engagement and internal team collaboration

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HONG KONG, May 8, 2020 /PRNewswire/ — Pioneering digital convergence solutions provider M800 has today announced a new brand identity for its flagship product, maaiiconnect, to represent the next generation in global communications. The all-in-one solution for customer engagement and internal team collaboration guarantees exceptionally stable, carrier-grade connections across both telecom and digital channels, helping businesses tackle their toughest communications challenges.

Inspired by the cohesive, agile, and efficient structure of an ant colony, maaiiconnect brings together the best of telecom, web, and social media channels on a scalable platform. Similar to the dynamic network of ant tunnels connecting multiple nests, maaiiconnect’s distributed infrastructure and intelligent features empower businesses to continuously evolve their communications and deliver ambitious business goals. The platform puts the customer at the centre of every business it serves by mobilising best-in-class voice and video calls, and smart messaging solutions. maaiiconnect is the first service that truly bridges the gap between telecom and datacom services. 

The new logo is brought to life in Cobalt Blue and Aqua-marine. The former colour denotes maaiiconnect’s traditional roots — a proven, reliable infrastructure at the heart of its cutting-edge technology. Infusing the design with vivid energy, the Aqua-marine colour represents maaiiconnect’s promise to deliver scalable solutions that epitomise the future of communications. The synergy between the dots mirrors the relationship between maaiiconnect’s enterprise clients and their customers — a single interface connecting multiple touchpoints, including web communications, telecommunications, and social media channels.

“The current pandemic has fast-tracked digital transformation for companies globally,” says Peter Chan, Founder and CEO of M800 Limited. “We are committed to ensuring maaiiconnect continues to help businesses with a freemium solution that maintains operations and drives business success during difficult times.”

The platform gives companies the capabilities required to boost productivity and engage with customers anytime, anywhere, on any device, including:

  • External engagement tools. Voice and video call, QR code/weblink call and chat, virtual numbers, smart messaging, and third-party system integration.
  • The maaiiconnect dashboard. The software creates a 360 degree view of each customer in a single interface to enable personalised marketing solutions.
  • Internal collaboration tools. Group chat, video call, screen sharing, file sharing, and video conference. The latter launches in Q2.

The cornerstones of maaiiconnect‘s first-of-its-kind offering and guaranteed quality are M800’s proprietary infrastructure and hybrid cloud splatform. This is built on a globally distributed network consisting of 28+ global PoPs, direct interconnections with over 160 tier-1 telecom carriers and mobile operators, and a contractual commitment to a 99.95% annual service uptime..

Experience maaiiconnect for free

maaiiconnect‘s Essentials Plan supports both your customers and employees with a suite of web-based communications solutions that keep your customers engaged and staff connected and motivated when working remotely.

Visit our brand new website at www.maaiiconnect.com for more information or go straight to https://signup.maaiiconnect.com to get a head start on your company’s digital transformation.

About maaiiconnect

maaiiconnect provides businesses with an all-in-one solution for customer engagement and internal collaboration. Leveraging an innovative multi-dimensional convergence model, maaiiconnect seamlessly unifies telecom and digital communication channels, such as PSTN, VoIP, websites, apps, and social networks. It is device agnostic, empowering employees to be more productive, as well as providing companies a platform to deliver a suite of multimedia experience to their customers anytime, anywhere, on any device. Learn more at www.maaiiconnect.com.

ABOUT M800

With over 35 years of experience, M800 is a pioneer in the global telecommunications, mobile, and IT convergence industries. The company was created by a group of telecommunications experts to revolutionise global communications. Supported by a proprietary infrastructure and network, M800 is committed to helping companies around the world tackle their toughest communication challenges. Learn more at www.M800.com.

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PR Newswire

Phoenix New Media to Announce First Quarter 2020 Financial Results on Monday, May 11, 2020

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BEIJING, May 8, 2020 /PRNewswire/ — Phoenix New Media Limited (“Phoenix New Media”, “ifeng” or the “Company”) (NYSE: FENG), a leading new media company in China, today announced that it will report its 2020 first quarter financial results on Monday, May 11, 2020 after the market closes. The earnings release will be available on ifeng’s investor relations website at http://ir.ifeng.com.

Following the earnings release, ifeng’s management team will hold a conference call on Monday, May 11, 2020 at 9:00 p.m. Eastern Time (or Tuesday, May 12, 2020 at 9:00 a.m. Beijing/Hong Kong time) to discuss the financial results and operating performance.

Due to the outbreak of COVID-19, operator assisted conference calls are not available at the moment. All participants must preregister online prior to the call to receive the dial-in numbers. Preregistration may require a few minutes to complete.

Conference Call Preregistration

Participants can register for the conference call by navigating to http://apac.directeventreg.com/registration/event/9874898. Once preregistration has been complete, participants will receive dial-in numbers, Direct Event Passcode, and registrant ID by email.

Please dial in 10 minutes prior to the call, using the participant dial-in numbers, Direct Event Passcode and unique registrant ID which would be provided upon registering. You will be automatically linked to the live call after completion of this process.

A replay of the call will be available through May 19, 2020 by dialing the following numbers:

International:   

+61 2 8199 0299

Mainland China:

4006322162

Hong Kong:

+852 30512780

United States: 

+1 646 254 3697

Conference ID:  

9874898

A live and archived webcast of the conference call will also be available on the Company’s investor relations website at http://ir.ifeng.com.

About Phoenix New Media Limited

Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated Internet platform, including PC and mobile, in China. Having originated from a leading global Chinese language TV network based in Hong Kong, Phoenix TV, the Company enables consumers to access professional news and other quality information and share user-generated content on the Internet through their PCs and mobile devices. Phoenix New Media’s platform includes its PC channel, consisting of ifeng.com website, which comprises interest-based verticals and interactive services; its mobile channel, consisting of mobile news applications, mobile video application, digital reading applications and mobile Internet website; and its operations with the telecom operators that provides mobile value-added services.

For investor and media inquiries please contact

Phoenix New Media Limited
Qing Liu
Email: investorrelations@ifeng.com

ICR, Inc.
Jack Wang
Tel: +1 (646) 405-4883
Email: investorrelations@ifeng.com

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PR Newswire

Vakrangee Ranked World’s No.1 Company in the Software and Services Industry Based on Sustainalytics ESG Assessment

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  • Globally Ranked 14th out of the 12,076 companies (Global Universe)
  • Globally Ranked 1st out of 668 Companies in Software & Services (Industry Group)

MUMBAI, India, May 8, 2020 /PRNewswire/ — In recognition of its superior Environmental, Social and Governance models, Vakrangee Limited (VL) announces that it has globally ranked No.1 in the Sustainalytics ESG Risk rating rankings out of the 668 companies assessed in the Software and Services industry across worldwide. Sustainalytics mentions that the company’s overall management of material ESG issues is strong.

ESG rating details
ESG rating details

Rating Overview – The company is at negligible risk of experiencing material financial impacts from ESG factors, due to its low exposure and strong management of material ESG issues.

Sustainalytics is a global leader in Environment, Social and governance (ESG) ratings. ESG ratings coverage launched with 9,000 companies and has now expanded to cover 12,000 companies.

Regarding the Data Privacy & Security, Vakrangee has received 100/100 score, depicting strong and robust Data Privacy and Data Security Policies in place. In the Environment field, Vakrangee has received an Industry Leader score, proven by the company’s strong policies on Green Procurement, GHG Reduction program, leveraging technology to implement Go Green Initiatives such as Paperless Banking, Biometric enabled evaluation and Paperless ATM.

Commenting on this, Mr Dinesh Nandwana, Managing Director & Group CEO, Vakrangee Ltd. said, “We are honoured and excited to receive this rating from Sustainalytics. At Vakrangee, we have always attempted to be a Responsible and Socially Conscious company. This rating is a validation of our belief and commitment to our Business model of Nextgen Vakrangee Kendras. Our Business strategy has been mapped with the sustainability initiatives along with the United Nation’s Sustainable Development Goals.”

Please Click :
https://vakrangee.in/pdf/Analyst_Coverage/Vakrangee%20Ltd%20-%20Sustainalytics%20ESG%20Risk%20Rating%20Summary%20Report.pdf

About Vakrangee Limited  (BSE Code: 511431; NSE Code: VAKRANGEE) 

Vakrangee is the unique technology driven company focused on building India’s largest network of last-mile retail outlets to deliver real-time BFSI, ATM, e-commerce and logistics services to the unserved rural and urban markets. Vakrangee currently has 23,000+ (10,000+ Operational & 13,000+ under on-boarding process) which are spread across 30 States & UTs and 6,150+ postal codes. More than 70% of these outlets are in Tier 5 and 6 towns. Planned target is to reach 25,000 Kendras by 2020.

For information, please contact: investor@vakrangee.in  

Ammeet Sabarwal
Chief Corporate Communications & Strategy Officer
ammeets@vakrangee.in 
Vakrangee Limited – www.vakrangee.in
+91-022-67765100

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