More Telcos to Run IMS in a NFV Platform in 2018: IHS
More global operators will run IP multimedia subsystem (IMS) in a network function virtualization (NFV) environment, a report from research firm IHS said.
According to the report, 17% of operator respondents are currently running IMS network elements in a NFV environment.
However, respondent use of IMS in NFV environments will grow significantly to 78% by 2018, driven by the ability to scale services up and down quickly and also operational efficiencies, IHS said.
African Economies Reap Big from Cooperation with China: AU Officials
KIGALI, July, 18 (Xinhua) -- China's economic engagement in Africa has created significant benefits for African economies which is a catalyst for the continent to realize agenda 2063, say top officials at the African Union (AU) in Kigali, capital of Rwanda. Rwanda hosts the summit from July 10th to 18th under the theme: "2016: African Year of Human Rights, with particular focus on the Rights of Women."
In an interview with Xinhua on Monday, David Bahati, Uganda state minister of finance and planning said that China is playing a crucial role in enabling the continent address the challenges of infrastructure development especially in the areas of roads, railways, ICT and energy.
"In the recent years, we have seen China's foreign aid to Africa increase which has boosted social and economic transformation of the African economies. For instance China is supporting Uganda to have renewable energy sources through the construction of hydro-electricity dams which will enable our country achieve sustainable development goals," he added.
China Telecom Founds Esurfing IoT Industry Alliance with 12 Corporations
Recently China Telecom set up Esurfing IoT Industry Alliance jointly with other twelve companies including Qualcomm, Huawei, ZTE, Intel, Bosch, SAP, IBM, Ericsson, Shenzhen Capital Group, Shanghai Institute of Microsystem and Information Technology of Chinese Academy of Sciences, BUPT and Southeast University.
According to Gao Tongqing, chairman of the Alliance and deputy general manager of China Telecom Group, the thirteen corporations will fully support the development of Esurfing IoT Industry Alliance and the industry chain. The Alliance will attract more than 1,000 members and CNY ten million of investment funds at least while making over 100 million connections between things come true.
2016 Fortune 500: Huawei Marches in Leaps and Bounds
On 20th in July, 2016, Fortune magazine released the 2016 Fortune 500.This year's Fortune 500 marks the 62nd running of the list. In total, Fortune 500 companies represent two-thirds of the U.S. GDP with $12 trillion in revenues, $840 billion in profits, $17 trillion in market value, and employ 27.9 million people worldwide.
Ericsson and Inspur to Work on Cloud, Media and IoT Solutions
Ericsson (NASDAQ: ERIC) and Inspur Group Co. Ltd (Inspur), the leading supplier of data center equipment in China, announced on July 1 they have signed a Memorandum of Understanding (MoU).
ZTE Vertical Broadband Solution Unveiled at the C2C Summit
19 July 2016, Shenzhen, China – ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced the unveiling of its vertical broadband solution (v2.0) at the fourth Connect To Connect Summit (C2C), 19th – 21st July, Pretoria, South Africa.
Enterprises
YOFC (Shanghai): Shenzhen New Branch Officially Put into Operation
On July 20th, the Shenzhen Branch of YOFC (Shanghai) was officially put into operation, which marks a significant step ahead for YOFC (Shanghai).
Yangtze Optical Fibre and Cable Joint Stock Limited Company is a Sino-foreign joint venture registered and established in Wuhan, Hubei Province in May 1988, formally known as "Yangtze Optical Fibre and Cable Co., Ltd.";
ZTT Was Listed 2nd among the Top 100 Chinese Electronic Component Companies The 29th Chinese Electrics Components Industry Summit was held in Qingdao in 14 July. With strong general strength and brand influence, ZTT is listed 2nd in the Top 100 Chinese Electronic Components Companies and Mr. Xue Chi-director of ZTT was invited to participate in this conference.
Heavy Rain Wrecks Havoc in Wuhan Optics Valley July 8, 2016, Wuhan, 8 Accelink employees died in an accident caused by heavy rain. The whole optics valley has to stop working this Monday. Even today, it is not easy to go to office for many optics valley employees.
International Event
ITU Telecom World is an annual ICT event organized by ITU Telecom, part of the International Telecommunication Union (ITU), the UN agency responsible for ICT-related issues. It is a global platform for accelerating ICT innovations...