Gowex Employees Describe Helpless Situation After CEO Admits Accounting Fraud

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Spanish Wi‑Fi provider Gowex has filed for bankruptcy after revelations that the company falsified its accounts for at least four years. The disclosure has left employees in a “state of complete shock,” according to their written statement. Gowex CEO Jenaro García Martín resigned after informing the board of directors. In a statement published to Euronext, … Read more

UK Reveals ‘Reckless’ Russian Cyberattack Campaign Targeting Critical Systems

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The UK government has revealed what it calls a “reckless” campaign of Russian cyber attacks aimed at political institutions, businesses, media outlets and sporting organisations. Investigations by the National Cyber Security Centre (NCSC) have linked multiple international intrusions to the Russian military intelligence service, the GRU. According to the NCSC, these operations have affected citizens … Read more

Global Cellular IoT Module Shipments Jump 35% Year‑Over‑Year, Counterpoint

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Counterpoint Technology Market Research’s latest IoT report finds that global cellular IoT module shipments rose 35% year-on-year and are expected to maintain strong momentum. Continued deployment of 4G, LTE-M (Cat-M1) and NB-IoT technologies is driving increased adoption and higher shipment volumes across a range of applications. The cellular IoT market remains concentrated: five vendors—SIMCom Wireless, … Read more

Denmark Launches Nationwide LoRaWAN IoT Network Through Dual Deal

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Teracom, a Denmark-based telecommunications operator, has partnered with Loriot, an IoT infrastructure provider, to complete a nationwide LoRaWAN network across Denmark. The two companies have expanded their collaboration to deliver robust coverage and high-quality service for IoT applications nationwide. Their joint effort aims to support the growing demand for reliable Internet of Things connectivity throughout … Read more

Why Telecom Companies Must Innovate Beyond Traditional Models for Growth

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The payments landscape is undergoing a dramatic shift. Mobile commerce is rapidly overtaking desktop and in-store transactions as consumers increasingly spend time and money on their smartphones and connected devices. Industry research projects that mobile payment spending in Europe will reach €231 billion by 2022. The same research anticipates that all point-of-sale terminals will enable … Read more

Starlink Satellite Navigation: More Robust Positioning Than GPS

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Researchers at the Radionavigation Laboratory, University of Texas, propose using SpaceX’s Starlink constellation to deliver navigation signals that are both more accurate and far less susceptible to interference than conventional GPS. In a preprint paper published on arXiv, Todd Humphreys and Peter Iannucci outline a practical approach to upgrade low-Earth-orbit (LEO) communications satellites so they … Read more

SK Telecom Offers Free SIM Replacements After Security Breach

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SK Telecom (SKT) is offering free SIM card replacements to 23 million customers to address security concerns after a cyber incident exposed customer USIM data. The announcement was made by SK Telecom CEO Yoo Young-sang during a press briefing on customer information protection at the company’s Seoul headquarters. Acknowledging the seriousness of the situation, Yoo … Read more

How Device Makers Are Disrupting Emerging Markets with Bold Moves

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Movements among major tech companies are always noteworthy, and device makers continue to impress with striking new smartphones. Yet alongside these breakthroughs, some strategic choices leave observers puzzled. Recent reports indicate Microsoft and Nokia are stepping back from efforts to develop innovative solutions specifically for emerging markets. This decision followed the launch of the X2, … Read more

EU Launches €500M Fund to Expand Broadband Infrastructure

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(Image Credit: iStockPhoto/kosmozoo) The European Commission has launched a new €500 million fund to help keep Europe’s broadband infrastructure competitive globally. Initial capital comes from the European Investment Bank (EIB) and three National Promotional Banks and Institutions (NPBIs). Günther H. Oettinger, European Commissioner for Digital Economy and Society, commented: “I am grateful to our financial … Read more

Australian MP Urges Ban on Chinese 5G Equipment

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Australian Labor MP Michael Danby has become the latest politician to call for a ban on purchasing 5G network equipment from Chinese firms, arguing they are effectively controlled by their government. Speaking in parliament, Danby urged Prime Minister Malcolm Turnbull to adopt the same stance Turnbull took as communications minister when he blocked Huawei from … Read more