Undervalued Telecom / IoT / Software stocks Report & Resources

Facebook loses Irish Supreme Court appeal in data privacy case

(Telecompaper) Ireland’s Supreme Court has dismissed Facebook’s appeal over last year’s High Court ruling to refer aspects concerning the validity of European Commission decisions approving EU-US data transfer channels to the European Court of Justice (ECJ). In a unanimous decision, the Supreme Court said it would not overturn any aspect of the High Court’s ruling, meaning the ECJ will now hear the case in July. Source: Industry News (syndicated from

Sprint switches on 5G in Atlanta, Dallas-Fort Worth, Houston and Kansas City

(Telecompaper) Sprint has officially launched its 5G network in Atlanta, Dallas-Fort Worth, Houston and Kansas City and made available its first 5G-compatible handsets. It also announced plans to turn on 5G in Chicago, Los Angeles, New York City, Phoenix and Washington, DC in the coming weeks, covering around 2,180 square miles and 11.5 million people across all 9 market areas. “Sprint 5G is here and we’re proud to give customers true mobility and the largest

Amazon interested in Sprint's Boost Mobile – report

(Telecompaper) Amazon is looking into acquiring Sprint’s Boost Mobile, Reuters reported, citing sources close to the matter. Sprint has been told to sell the unit if it wants to get its merger with T-Mobile US approved. The sources said Amazon is mainly interested in the fact that any deal will allow the buyer of Boost Mobile to use the new T-Mobile new mobile network for at least six years. Amazon is also interested in linking

Deported MTN Uganda CEO returns after presidential pardon

(Telecompaper) Ugandan president Yoweri Museveni has pardoned deported MTN Uganda CEO Wim Vanhelleputte and ordered the Immigration Department to remove him from the Stop List. Vanhelleputte was deported in February over allegations of undermining state security. He was due back in Uganda on 30 May.  Source: Industry News (syndicated from

Motorola launches new flagship Moto Z4 smartphone

(Telecompaper) Motorola has unveiled its latest flagship smartphone, the Moto Z4. The same as its predecessor the Z3, the phone can be turned into a 5G device with a clip-on 5G modem mod. The device also comes with an improved camera and battery life, in-display fingerprint reader and bigger screen. It will launch first in the US, for USD 500. Source: Industry News (syndicated from

American Tower to acquire Africa's Eaton Towers for USD 1.85 billion

(Telecompaper) American Tower said it has entered into a definitive agreement to acquire Eaton Towers, which owns and operates about 5,500 communications sites across five African markets. The company also expects to accelerate new build activity across the region due to expanded relationships with multiple key tenants. The total consideration for the transaction, including the company’s assumption of existing Eaton Towers debt, is about USD 1.85 billion. Source: Industry News (syndicated from

EE switches on 5G network, marking event with Stormzy concert on Thames

(Telecompaper) EE has switched on its 5G network, marking the event with a concert by Stormzy on the Thames river in London. The network was turned on in London, as well as in Cardiff, Edinburgh, Belfast, Birmingham and Manchester. The operator has now launched 5G devices at its stores and introduced its new 5G plans. EE said customers can expect speeds of around 100-150 Mbps with the new network. Speeds on 5G smartphones will be

Apple creates 'App Store Principles and Practices' page to counter monopoly accusations

(Telecompaper) It said around 60 percent of the 100,000 or so apps and app updates reviewed each week are approved and that anyone who believes they were unfairly rejected can appeal to the App Store Review Board. It also points to the existence of App Store Review Guidelines, which explain the steps taken to ensure questionable apps are rejected. “We strongly support all points of view being represented on the App Store. But we also

Palo Alto Networks to acquire Twistlock, PureSec to boost cloud security offer

(Telecompaper) Under the terms of the agreement, Palo Alto Networks will pay USD 410 million in cash, subject to adjustments, to acquire Twistlock. Twistlock combines vulnerability management, compliance, and runtime defense for cloud-native applications and workloads. The company serves more than 290 customers, with more than a quarter on the Fortune 100 list. Twistlock co-founders, Ben Bernstein and Dima Stopel, will join Palo Alto Networks. Source: Industry News (syndicated from

DoJ wants T-Mobile, Sprint to create new competitor for merger approval – report

(Telecompaper) US Justice Department officials want T-Mobile US and Sprint to lay the groundwork for a new mobile operator, with its own network, as a condition to clearing their merger, a person familiar with matter told Bloomberg. This would provide a new competitor in the market after the third- and fourth-largest players merge.  Source: Industry News (syndicated from