The UK Treasury may owe the mobile industry up to £300 million after a court upheld an operator challenge to a government-mandated licence fee rise, Financial Times (FT) reported.

An extra $10 per share could be what it takes to convince Qualcomm to change its tune about an unsolicited takeover bid by Broadcom,Bloomberg reported.

Philippine president Rodrigo Duterte invited China to invest in the country’s telecoms sector to end the current duopoly held by PLDT and Globe Telecom, The Philippine Star reported.

Malaysia will be the first country outside of China to have the complete range of WeChat services available to domestic customers after parent company Tencent was granted a full e-payment licence,Reuters reported.

Ken Hu, deputy chairman and rotating CEO at Huawei (pictured), kicked off the event by noting while the evolution of the industry means “opportunities are everywhere”, networks need to be ready to support this.