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Andy Murray enters new chapter with Novak Djokovic as coach of long-time rival
The wireless telecom business is not an easy one to be in. It requires huge investments in physical infrastructure as well as large outlays for bandwidth rights, which are usually auctioned off by the government. These costs easily reach into the billions of dollars, and as the pace of technological progress quickens so do investment demands. As networks move from 4G to 5G, a lot of providers are finding themselves stretching their balance sheets and cashflow just to keep up with the latest developments. As a result, there has been a trend toward increased consolidation in the industry. When the costs involved in building out and maintaining the network are so high, economies of scale and efficiency become very important. The telecom sector is also increasingly influenced by geopolitical concerns, as states worry about foreign influence in critical national infrastructure like wireless networks. This means just a handful of companies, many with state ownership, end up controlling the lion’s share of national telecom networks. In Thailand, the second and third largest wireless operators recently merged , leaving consumers with essentially just two choices. Malaysia created and tasked a state-run entity called Digital Nasional Berhad with developing its national 5G network . And now Indonesia’s telecom sector is experiencing consolidation, with two big carriers announcing a plan to merge in 2025. XL Axiata is the third largest wireless carrier in Indonesia. They are part of the Axiata Group, which is majority owned by the Malaysian government through various investment funds, including Khazanah Nasional Berhad. XL Axiata had 57.5 million Indonesian customers in 2023, roughly 16 percent of the market for wireless subscribers. The company posted an after-tax profit of $80 million on $2 billion in revenue. Axiata plans to merge with Indonesia’s fourth largest wireless provider, Smartfren. Smartfren is the telecommunication arm of homegrown conglomerate Sinar Mas, which is the majority owner of Asia Pulp & Paper and has interests across the Indonesian economy from real estate to agribusiness. Sinar Mas Land is the developer behind upscale satellite city Bumi Serpong Damai on the outskirts of Jakarta. Telecom is a relatively minor part of Sinar Mas’ business empire, and not a particularly lucrative one. Smartfren, which has 36.5 million subscribers or 10 percent of the market, posted a loss of $7 million in 2023 . It’s the company’s second loss in three years, over which time no dividends have been paid and cash is dwindling. So it’s not surprising that Sinar Mas would be on the lookout for a new direction. According to Reuters, Axiata and Sinar Mas will each hold 34.8 percent of the new entity . Because Axiata is the more valuable company, Sinar Mas will have to pay almost $500 million to become an equal co-owner in the new venture. But by combining customer bases and network infrastructure, the new company will control around a quarter of the market right off the bat, while reducing the amount of capital investment needed to maintain and expand coverage. It also means if the deal is approved by regulators, it will leave just three major telcos in the market. The second largest is Indosat. Qatar’s Ooredoo and Hong Kong’s Hutchinson became the majority shareholders in 2022, and the firm is reliably profitable with $298 million in earnings on $3.2 billion in revenue in 2023. With just under 100 million subscribers, Indosat holds about 28 percent of the market. By merging, XL Axiata and Smartfren likely hope to draw even with Indosat and compete for second place. There is little chance that any combination of mergers of deep-pocketed international investors will dethrone Telkomsel from its leading position atop the industry. Telkomsel recorded $6.4 billion in revenue in 2023, more than the other three telcos combined. And with 159 million subscribers, Telkomsel has a commanding 45 percent of the market. They also have the added advantage of being majority owned by the government of Indonesia (the other 35 percent being held by Singapore’s Singtel), and are one of the most consistent contributors of dividend payments into the state budget. Given the global trend toward consolidation in telecommunications, as well as the large anticipated costs of building and maintaining national 5G networks, it is hardly a surprise that the Indonesian telecom space is set to shrink from four to three major players. It is also pretty clear why Smartfren, which has been losing money while trailing the rest of the pack, would look to tie itself to a bigger and more profitable telco like XL Axiata – even if it has to pay upfront in order to do so. Whether the merger will be good for consumers is less clear, and is a question that is being asked more and more often these days in Indonesia and elsewhere as the drive toward ever-greater industry concentration marches on.Nico Iamaleava throws 4 TD passes to lead No. 10 Tennessee over UTEP 56-0
(The Center Square) – After an Iranian national was arrested on Monday in a Boston suburb for his alleged ties to a terrorist attack that killed three U.S. service members, the town's leaders unanimously voted to pass a sanctuary city ordinance. On Monday, Iranian-born Mahdi Mohammad Sadeghi, a resident of Natick, Mass., was charged in federal court in Boston "with conspiring to export sophisticated electronic components from the United States to Iran in violation of U.S. export control and sanctions laws," The Center Square reported. Sadeghi and others allegedly conspired to evade U.S. export control and sanctions laws by procuring goods, services, and technology from American companies and exporting them to an Iranian-based company that contracts with the Islamic Revolutionary Guard Corps, a US-designated foreign terrorist organization. The company allegedly manufactured the drones used by the IRGC that killed U.S. soldiers stationed in Jordan in January. Sadeghi faces up to 20 years in prison for his role in a conspiracy that goes back nearly 10 years , according to the complaint . His arrest occurred after an unprecedented number of Iranian and special interest aliens were apprehended after illegally entering the U.S., The Center Square reported . It also occurred after Islamic terrorist incidents increased under President Joe Biden and after he extended a national emergency regarding Iran last month. The U.S. has been in a perpetual state of national emergency related to Iran since Nov. 14, 1979, The Center Square reported . Forty-eight hours after Sadeghi's arrest , on Wednesday night, Natick's Select Board members unanimously passed a sanctuary city policy, 5-0. It prohibits taxpayer-funded town employees from inquiring about or collecting information about residents' citizenship status, among other provisions. Natick joined Boston, Somerville, Northampton, Amherst Cambridge, Concord, Lawrence and Newton in adopting so-called sanctuary city policies ahead of President-elect Donald Trump's stated mass deportation policy. The policy is being implemented in response to more than 14 million illegal border crossers being reported under the Biden administration as crime and national security threat escalated, The Center Square reported. Natick's actions followed the all-Democratic Boston City Council unanimously voting to reaffirm the Boston Trust Act, which prohibits Boston Police Department officers from cooperating with U.S. Immigration and Customs Enforcement (ICE) with some exceptions. It also comes after Boston's mayor said the city wasn't planning on cooperating with ICE, The Center Square reported. Massachusetts' sanctuary policies work against law enforcement tasked with protecting residents, Todd Lyons, acting assistant director of field operations for ICE's Enforcement and Removal Operations in New England, argues. Elected officials "preaching their sanctuary city status are making it easier for those who commit sex crimes and fentanyl dealers. We need cities and towns to work with us to keep these criminals out of neighborhoods. "We focus on the worst of the worst and all the political rhetoric is not helping," he told the Boston Herald. Democratic leaders describing Massachusetts "as a sanctuary to the international community and that they won't cooperate with federal authorities, sends a dangerous signal to bad actors around the world," the chair of the Massachusetts Republican Party, Amy Carnevale, said , "It tells them that Massachusetts is a safe haven where they can evade prosecution from the United States federal government." Last year, Massachusetts Lt. Gov. Kim Driscoll urged residents to house illegal border crossers, saying, " step up if you're willing to have an additional family be part of your family." One year later, the state converted an empty former prison to house them, resulting in local outrage, The Center Square reported . Carnevale said it was time for Driscoll to "stand with the people of Massachusetts and declare that our state will no longer serve as a sanctuary for criminals whether they're here legally or illegally. For the safety and security of our communities, Massachusetts must send a clear message: there is no sanctuary for international criminals in our Commonwealth." ICE agents have been arresting violent criminals in Massachusetts, including men convicted of aggravated rape, assault and battery, and fugitives wanted in their home countries for violent sexual crimes. In many cases, sanctuary jurisdictions refused to cooperate with ICE, and instead released violent offenders into the community who then committed additional crimes, The Center Square reported . New Hampshire's incoming-Gov. Kelly Ayotte has had harsh words for Massachusetts, saying, "Our neighbors to the south seem intent on proving that the definition of insanity is doing the same thing and expecting a different result. As they struggle with a billion-dollar illegal immigrant crisis, they are instead choosing to double down," she told Fox News Digital. Ayotte, who is replacing outgoing Gov. Chris Sununu, ran on a campaign against the "Mass-i-fication" of New Hampshire. "Here in New Hampshire, we are going to ban sanctuary policies and give law enforcement the tools to work together to ensure this crisis never comes to our towns," she said.In a recent development, the missing person case involving Bu has been successfully resolved. Bu, who was reported missing last week, has been found and is currently safe and sound. It was a collaborative effort between law enforcement agencies and concerned citizens that led to the swift recovery of Bu.
In a shocking turn of events, the suspect in the shooting of the American insurance CEO is believed to have used a 3D printed gun in the attack. The individual, identified as a recent graduate from a prestigious university, has been implicated in the crime that has sent shockwaves through the community.Title: Guardiola's Brother: "If My Brother Gets Bored, He Can Come Coach Huesca"
Growing up in the bustling city of Phuket, football was always a passion for him. From a young age, he displayed exceptional talent and skill on the field, catching the eye of scouts and coaches early on. After honing his craft in the local leagues, he made the bold decision to move to America to pursue his dream of playing professional football.Muhiber Ali, 25, of Warwick Road was stopped by police at 10.15pm on November 13, 2022 in Giltspur Street. His car was flagged by the Automatic Number Plate Recognition (ANPR) for a disqualified driver and licence revocation. During the stop officers noticed that Ali was "extremely nervous", prompting a search of his vehicle. The car was flagged to police by the automatic number plate recognition system technology (Image: City of London Police) The search produced quantities of Class A, B and C drugs, including cocaine, MDMA and Ketamine. Further evidence from a mobile phone revealed that the 25-year-old had been supplying drugs. He has been sentenced to 31 months' imprisonment at Inner London Crown Court after pleading guilty to possession with the intent to supply Class A drugs. Ali also pleaded guilty to possession with the intent to supply Class B drugs, which resulted in a ten-month sentence. He was issued a further four month sentence for possession with the intent to supply Class C drugs. READ MORE: Investigation launched in Rainham after injured child critical in hospital These sentences will be served concurrently with his 31-month sentence. Det Cons Westall said: “City of London Police officers are proactively targeting offenders and we are taking action to disrupt and pursue those involved in the supply of Class A drugs on the streets of London. “This sentencing should send a message to those involved in drug dealing, you will be arrested, charged and sent to prison.”
Ukrainian President Volodymyr Zelensky recently made headlines when he publicly disclosed the number of Ukrainian military casualties in response to comments made by former U.S. President Donald Trump. During an interview, Zelensky revealed that over X Ukrainian soldiers have lost their lives in the ongoing conflict in the region, contradicting Trump's claims minimizing the severity of the situation. This revelation has sparked renewed debate and scrutiny on the handling of the conflict and the impact it has had on Ukraine's armed forces.Title: Young People Embrace the Trend of Revamping Down Jackets to Save Money and Stay Stylish
In the first 11 months of this year, China's foreign trade of goods showed a steady growth, with the total volume reaching $4.93 trillion, representing a year-on-year increase of 4.9%. This performance reflects the resilience and vitality of China's economy amidst the complex and challenging global trade environment.
The world approved a bitterly negotiated climate deal Sunday committing wealthy historic polluters to $300 billion annually for poor and vulnerable nations that had demanded far more to confront the crisis of global warming. After two exhaustive weeks of chaotic bargaining and sleepless nights, nearly 200 nations banged through the contentious finance pact in the early hours beneath a sports stadium roof in Azerbaijan. Nations had struggled to reconcile long-standing divisions over climate finance. Sleep-deprived diplomats, huddled in anxious groups, were still revising the final phrasing on the plenary floor before the deal passed. At points, the talks appeared on the brink of collapse, with developing nations storming out of meetings and threatening to walk away should rich nations not cough up more cash. In the end -- despite repeating that no deal is better than a bad deal -- they did not stand in the way of an agreement, despite it falling well short of what they want. The final deal commits developed nations to pay at least $300 billion a year by 2035 to help developed countries green their economies and prepare for worse disasters. That is up from $100 billion now provided by wealthy nations under a commitment set to expire -- and from the $250 billion proposed in a draft Friday. That offer was slammed as offensively low by developing countries, which have demanded at least $500 billion to build resilience against climate change and cut emissions. A number of countries have accused Azerbaijan, an authoritarian oil and gas exporter, of lacking the experience and will to meet the moment, as the planet again sets temperature records and faces rising deadly disasters. Wealthy countries and small island nations have also been concerned by efforts led by Saudi Arabia to water down calls from last year's summit to phase out fossil fuels. The United States and EU have wanted newly wealthy emerging economies like China -- the world's largest emitter -- to chip in. The final draft encouraged developing countries to make contributions on a voluntary basis, reflecting no change for China which already pays climate finance on its own terms. Wealthy nations said it was politically unrealistic to expect more in direct government funding. Donald Trump, a sceptic of both climate change and foreign assistance, returns to the White House in January and a number of other Western countries have seen right-wing backlashes against the green agenda. The deal posits a larger overall target of $1.3 trillion per year to cope with rising temperatures and disasters, but most would come from private sources. bur-np-sct/lth/jj Get any of our free email newsletters — news headlines, sports, arts & entertainment, state legislature, CFD news, and more.
Cassia Networks presents the new M1500, a compact Bluetooth Gateway designed to provide flexible and cost-effective solutions for enterprise IoT applications . SAN JOSE, Calif. , Dec. 18, 2024 /PRNewswire/ -- Today, Cassia Networks, Inc., a leading provider of enterprise Bluetooth IoT products and solutions, announces the launch of its new M1500 Bluetooth Gateway in China . Further announcements for the global release will follow. Cassia's M1500 is a compact and cost-effective Bluetooth gateway that delivers exceptional performance. It is designed to be easy to install and use, offering the convenience of supporting both Wi-Fi and Ethernet as backhaul options, along with Power over Ethernet (PoE) supply capabilities. The M1500 provides customers with enterprise-grade security, flexibility, and scalability, making it an ideal solution for deploying IoT projects in a cost-effective manner. Like all of Cassia's Bluetooth gateways, the M1500 can be managed using Cassia's IoT Access Controller (AC), which stands as the industry's most robust enterprise Bluetooth network management solution. The M1500 also supports Bluetooth roaming and positioning, features that are shared with other Cassia enterprise Bluetooth gateways such as the M2000, E1000, and X2000. It serves as a complementary addition to this lineup. The M1500 is available in two distinct versions: the M1500 Standard and the M1500-XT. The M1500 Standard is an indoor model equipped with an omni-directional antenna. In contrast, the M1500-XT is designed for outdoor use, featuring a robust outdoor enclosure and a directional antenna. The versatility of the M1500 gateway allows it to be utilized across a wide range of industries and applications. These include continuous vital sign monitoring in hospitals, telehealth, Industrial IoT, smart campuses, supply chain management, and personnel and asset tracking. Felix Zhao , CEO of Cassia Networks, expressed his enthusiasm about the new product, stating, "We are thrilled to announce the M1500. This addition enhances our suite of enterprise IoT solutions by providing flexible, secure, and cost-effective connectivity for our enterprise customers." To learn more about the M1500 technical specifications visit: https://www.cassianetworks.com/products/m1500-bluetooth-gateway/ About Cassia Networks Cassia Networks is the leading provider of enterprise Bluetooth IoT products and solutions. Our patented technology provides the most reliable and easy to manage long-range, multiple device connectivity, edge processing and locationing for Bluetooth IoT networks. Our mission is to solve the IoT connectivity, locationing and management challenges faced by today's enterprises and make IoT easy. View original content to download multimedia: https://www.prnewswire.com/news-releases/cassia-networks-releases-the-m1500-enterprise-grade-compact-bluetooth-gateway-enhancing-enterprise-application-flexibility-302334088.html SOURCE Cassia Networks
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