Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Vodafone Group and Sumitomo Corpstrikes technology infrastructure deal

Vodafone Group and Sumitomo Corpstrikes technology infrastructure deal

UK's Vodafone Group and Japanese trading house Sumitomo Corp will collaborate on international technology infrastructure and digital services projects, the companies said on Thursday. Vodafone, Europe's largest mobile and fixed network operator, said the partnership would create growth opportunities by developing next-generation communication infrastructure and secure digital services. The digital services will get a fine touch of innovation.

Sumitomo Mitsui Banking Corporation (SMBC) has announced that this deal will mainly focus on improving 5G networks. This is besides a capital infusion of $600 million has been made, and the infusion doubles SMBC's capital commitment to its operations (to $1.2 billion). Vodafone and Sumitomo will also focus on developing many fiber net connections in Asia by the end of 2024.

Sumitomo has also stated that this collaboration will bring a new wave in the telecom sector, as Vodafone performs well in the Asia-pacific region. This will improve the networking and broadband services in Asian countries like India and Japan. Vodafone, also in a recent announcement, has stated that this deal will improve the mutual relationship between two different continents without providing further details on the alliance.


Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...