India overtook the US to become the world’s second largest smartphone market after China, as shipments grew 23 per cent year-on-year in Q3 2017 to just over 40 million units, Canalys stated.

MTN Group president and CEO Rob Shuter (pictured) hailed “key growth drivers of data and digital services” in Q3, despite a decrease in overall subscribers due to declines in Nigeria and Uganda.

A Philippines court upheld the legality of the PHP69.1 billion ($1.4 billion) joint acquisition of San Miguel Corp’s (SMC) telecoms assets by PLDT and Globe Telecom.

Cisco confirmed weekend media reports it will acquire US telecommunications software company BroadSoft, announcing a deal for $1.9 billion ahead of BroadSoft’s annual customer conference event in Phoenix which kicks off today.

Ericsson CFO Carl Mellander did not shy away from what he described as a “tough Q3” after the vendor’s woes continued with a net loss of SEK4.3 billion ($526.6 million) in the quarter.