Jio shares start trading after IPO priced at top of range
India's largest mobile operator Jio has started trading on the Bombay stock exchange, after raising a gross INR 302 billion (USD 3.2 billion) in its initial public offering of shares. The IPO was priced at the top of the indicated range, at INR 1,119 per share, and attracted over 20x the demand for shares as the number available for sale.
Jio shares start trading after IPO priced at top of range
India's largest mobile operator Jio has started trading on the Bombay stock exchange, after raising a gross INR 302 billion (USD 3.2 billion) in its initial public offering of shares. The IPO was priced at the top of the indicated range, at INR 1,119 per share, and attracted over 20x the demand for shares as the number available for sale.
KPN maintains outlook as Q3 service revenue grows 2.7%
KPN reported revenues for the third quarter up 2.9 percent year-on-year to EUR 1.498 billion, better than market expectations. Excluding a one-off the year earlier, revenues rose 4.2 percent on an organic basis. Service revenues increased 2.7 percent to EUR 1.383 billion, and higher handset sales helped non-service revenue rise 6.4 percent. Growth was strongest in the Consumer business (+4.3%), followed by Business (+4.2%) and Wholesale (+3.6%). On a quarterly basis, the Dutch operator gained a net 66,000 n
KPN maintains outlook as Q3 service revenue grows 2.7%
KPN reported revenues for the third quarter up 2.9 percent year-on-year to EUR 1.498 billion, better than market expectations. Excluding a one-off the year earlier, revenues rose 4.2 percent on an organic basis. Service revenues increased 2.7 percent to EUR 1.383 billion, and higher handset sales helped non-service revenue rise 6.4 percent. Growth was strongest in the Consumer business (+4.3%), followed by Business (+4.2%) and Wholesale (+3.6%). On a quarterly basis, the Dutch operator gained a net 66,000 n
SK Hynix posts record operating profit on AI demand
South Korean semiconductor manufacturer SK Hynix reported record quarterly revenue of KRW 104.6 trillion and operating profit of KRW 83.3 trillion in the third quarter of 2026, as demand for AI memory drove higher prices and sales of high-value products. Revenue rose 328 percent year on year, while operating profit increased 632 percent year on year. Net profit was KRW 39.8 trillion, down 58 percent from the second quarter but up 216 percent year on year. The figures are preliminary, based on consolidated K
SK Hynix posts record operating profit on AI demand
SonicWall opens Pune office, to add 400 engineering roles in India
Cybersecurity company SonicWall has opened a new office in Pune, India, to expand its engineering and product development operations. The facility will complement the company's existing research and development centre in Bengaluru and support its global product roadmap.
SonicWall opens Pune office, to add 400 engineering roles in India
Neterra completes first phase of EUR 12 million DWDM network upgrade to 800G
Bulgarian connectivity provider Neterra reports it has completed the first phase of an EUR 12 million upgrade to its national DWDM optical network, enabling customers to order 400 Gbps and 800 Gbps channels. The first phase covers the western part of the country, where the operator has deployed Infinera GX Series equipment, now part of Nokia.
Neterra completes first phase of EUR 12 million DWDM network upgrade to 800G
Grameenphone returns to revenue growth in Q3 as subscriber numbers and data usage rise
Bangladeshi operator Grameenphone reports it has returned to year-on-year revenue growth in the third quarter of 2026, after several quarters of decline, with data usage and subscriber growth supporting the recovery. The operator saw its revenue slightly increase by 0.2 percent year-on-year to BDT 42 billion in the third quarter of 2026. Revenue climbed 0.9 percent quarter-on-quarter.
Grameenphone returns to revenue growth in Q3 as subscriber numbers and data usage rise
NTT demonstrates 4K surveillance technology that triples detection range
NTT has demonstrated a video surveillance technology that more than triples the detection range for small, distant objects by analysing 4K footage in real time without reducing its resolution. The technology uses NTT's proprietary high-resolution video AI inference chip to detect objects at 30 frames per second. It is designed to extend the monitoring coverage of a single camera, potentially reducing the number of cameras and other equipment needed for infrastructure surveillance at locations such as roads
NTT demonstrates 4K surveillance technology that triples detection range
Samsung fined KRW 20.1 bln over Galaxy gaming performance adverts
South Korea's Fair Trade Commission (KFTC) has decided to impose a provisional fine of KRW 20.1 billion (USD 15.2 million) on Samsung Electronics for misleading advertising about the gaming performance of its Galaxy S21 and S22 smartphones and Galaxy Tab S8 tablets. The regulator said Samsung promoted the devices' gaming capabilities between January 2021 and March 2022 without disclosing that its Game Optimizing Service (GOS) automatically restricted maximum CPU and GPU performance when certain demanding ga
Samsung fined KRW 20.1 bln over Galaxy gaming performance adverts
Naver seals USD 9 bln Brookfield deal for AI factory expansion
South Korean internet giant Naver has signed an agreement with global investment firm Brookfield to secure USD 9 billion in AI computing infrastructure, clearing a key condition for Nvidia's planned USD 1 billion equity investment in the company. Under the agreement, an asset company established by Brookfield's AI Infrastructure Fund will develop and manage the infrastructure, including data centres and graphics processing units (GPUs). Naver Cloud will use the computing resources to provide AI data centre
Naver seals USD 9 bln Brookfield deal for AI factory expansion
Hanwha affiliates seek KRW 627 bln for 45 MW Changwon AI data centre
Hanwha Group affiliates are pursuing KRW 627 billion (USD 438 million) in project financing for a 45 MW AI data centre on a Hanwha Aerospace site in Changwon, South Korea, according to local financial publication Seoul PI. The project involves Hanwha Aerospace, Hanwha's construction division and Hanwha Investment. Hanwha Aerospace is expected to lease the facility, with the group's affiliates working with securities firms to arrange the financing, Seoul PI reported on 28 October.
Hanwha affiliates seek KRW 627 bln for 45 MW Changwon AI data centre
SK Broadband and LS Marine Solution to strengthen submarine cable resilience
South Korea's SK Broadband (SKB) has signed an agreement with submarine cable specialist LS Marine Solution to improve the reliability and repair response of the SJC2 submarine cable, which connects landing points across East and Southeast Asia, including South Korea, Japan, Singapore, Thailand, Vietnam, Taiwan, mainland China and Hong Kong. Under the agreement, the companies will establish dedicated emergency response vessels, specialist equipment and standardised technical data and repair procedures to re
