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The broad application of the VAT split payment in the European Union is likely to be an unattractive policy tool, given significant rise in costs for business and authorities, concludes a study carried out by Deloitte for the European Commission: "Analysis of the impact of the split payment mechanism as an alternative VAT collection method”. "The... -
Starting this year Telekom Romania is official partner of the Romanian National Rugby Team, following a two-year partnership with the Romanian Rugby Federation. Also, Telekom Sport channels continue to exclusively broadcast the matches of the National Rugby Team. "It is an honor for us to be official partner of the National Rugby Team and to support,... -
Deutsche Telekom and Inmarsat have, together with technology partner Nokia, completed the final technological milestone in the development of the European Aviation Network (EAN), the world’s first integrated S-band satellite and complementary LTE-based terrestrial network built for Europe. With the set-up of around 300 base stations across all 28 member... -
See the key trends shaping the industry in 2018 predicitons for the industry, according analysysmason.com. Analysys Mason’s annual telecoms, media and technology (TMT) predictions reveal which trends will make an impact in the next 12 months. Network operators and their suppliers must pay close attention to these trends for their decision-making in 2018... -
Testing of 5G is to commence in an industrial environment in the Port of Hamburg, with the Hamburg Port Authority, Deutsche Telekom and Nokia commissioning an 8000-hectare area with which to carry out key tests of various aspects of 5G functionality, including network slicing. 5G will be tested with use cases like traffic lights management, data processing... -
Apple announced record sales for its fiscal first quarter to December, up 13 percent to USD 88.3 billion, beating the company's forecast of USD 84-87 billion. Quarterly earnings rose 16 percent to USD 3.89 per share, according Telecompaper. The company said its best quarter ever was supported by the highest sales ever from a new iPhone line-up. CEO Tim... -
Citrix Systems announced the appointment of Andy MacDonald as area vice president, emerging markets. Reporting to Sherif Seddik, senior VP and MD Citrix EMEA, he will be responsible for the growth and development of Citrix sales and services operations in the newly-created area by driving revenue, executing an aggressive growth strategy and cultivating the... -
Nokia reported higher fourth-quarter and full-year results for 2017, but said earnings will fall in 2018 due to extra costs for testing the first 5G services. For 2019-2020, the company expects a strong improvement in the network equipment market and said it's committed to growing its dividend, also in 2018, according Telecompaper. For Q4, net sales were... -
A new acceleration programme that is addressed to Romanian technology startups was launched in the capital Bucharest and the city of Cluj-Napoca. Techcelerator will give funds for the development of companies in the pre-acceleration phase through an exclusive partnership with GapMinder, a venture capital fund recently launched in Romania, according... -
A record-breaking share of CEOs are optimistic about the economic environment worldwide, at least in the short term. That’s one of the key findings of PwC’s 21st survey of almost 1,300 CEOs around the world, launched today at the World Economic Forum Annual Meeting in Davos. “CEOs’ optimism in the global economy is driven by the economic indicators being...
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