Nintendo confirms Switch 2 price increase to offset rise in memory prices
Nintendo has forecast a fall in sales and profits in its new fiscal year to March 2027, as the rise in memory costs leads to a reduction in demand and profitability for its game consoles. While its revenues nearly doubled in the past year following the launch of the Switch 2, the company forecasts an 11 percent fall in turnover this year to around JPY 2.05 trillion. The company confirmed that Switch 2 prices will go up from 25 May in Japan (+JPY 10,000) and September in the rest of the world (+USD 50/EUR 30
Nintendo confirms Switch 2 price increase to offset rise in memory prices
Nintendo has forecast a fall in sales and profits in its new fiscal year to March 2027, as the rise in memory costs leads to a reduction in demand and profitability for its game consoles. While its revenues nearly doubled in the past year following the launch of the Switch 2, the company forecasts an 11 percent fall in turnover this year to around JPY 2.05 trillion. The company confirmed that Switch 2 prices will go up from 25 May in Japan (+JPY 10,000) and September in the rest of the world (+USD 50/EUR 30
Sony forecasts results under pressure in new fiscal year from rise in memory costs
Sony reported slightly lower net profit for its fiscal year to March, as growth in digital music and imaging sensors was offset by writedowns on video game production company Bungie and its exit from the electric car market. For the new year the Japanese company gave a cautious outlook as the spike in memory prices leads to a slowdown in game console and smartphone sales.
Sony forecasts results under pressure in new fiscal year from rise in memory costs
Sony reported slightly lower net profit for its fiscal year to March, as growth in digital music and imaging sensors was offset by writedowns on video game production company Bungie and its exit from the electric car market. For the new year the Japanese company gave a cautious outlook as the spike in memory prices leads to a slowdown in game console and smartphone sales.
Airtel Africa FY revenue rises by 30%, plans mobile money IPO in H2
Airtel Africa has posted a 29.5 percent year-on-year increase in revenue in reported currency to USD 6.42 billion in the fiscal year ended March from USD 4.96 billion the previous year. In constant, currency revenue rose by 24 percent. The growth reflects attractive industry fundamentals and focused operational execution, supported by tariff adjustments in Nigeria and macroeconomic tailwinds, the mobile operator said. Airtel said constant currency growth in Francophone Africa and Nigeria was particularly en
Airtel Africa FY revenue rises by 30%, plans mobile money IPO in H2
Google updates Fit app to Google Health, adds coach subscription and Fitbit Air
Google is making a new push in the consumer health market, citing health as one of the top subjects on its search engine. The company launched the new Google Health app with a premium subscription and an entry-level wearable called the Fitbit Air.
Google updates Fit app to Google Health, adds coach subscription and Fitbit Air
NTT resets mid-term strategy around AI infrastructure and data centres
NTT has revised its mid-term strategy, pushing out its target to achieve JPY 4 trillion in EBITDA to the 2030 financial year, citing changes in its operating environment and pressure in its core connectivity business. The operator said that while growth areas had expanded profit steadily, conditions in existing telecommunications businesses had become more challenging, including intensifying competition and rising traffic demands.
NTT resets mid-term strategy around AI infrastructure and data centres
NTT reports higher full-year revenue and profit, driven by global solutions and data centres
NTT reported increased revenue and profit for the financial year ended 31 March 2026, supported by growth in its global solutions and data centre businesses. Consolidated operating revenues rose 5.1 percent year-on-year to JPY 14,409.1 billion, while operating profit increased 3.4 percent to JPY 1,706.2 billion. Profit attributable to NTT totalled JPY 1,037 billion, up 3.7 percent compared to the previous year.
NTT reports higher full-year revenue and profit, driven by global solutions and data centres
Algerian govt and telecoms regulator discuss ways to improve coverage on main road networks
Algerian authorities have ordered telecom operators to strengthen mobile coverage along strategic highways or face potential penalties, Ecofin reported. A meeting on 06 May chaired by ICT minister Sid Ali Zerrouki with the head of the Regulatory Authority for Posts and Electronic Communications (ARPCE) reviewed the state of telecommunication networks and service quality across the country. It focused particularly on coverage and service quality along the East-West Highway, after the expiry of deadlines prev
Algerian govt and telecoms regulator discuss ways to improve coverage on main road networks
Qualcomm becomes premier member in Linux Foundation-hosted open DU/CU project
Qualcomm has been named as the latest premier member of the Ocudu Ecosystem Foundation, a Linux Foundation-hosted collaboration focused on making key Open RAN components more interoperable and secure. Qualcomm's senior director for technical standards, Doug Knisley, joins the foundation's governing board. The elevated membership is expected to strengthen Ocudu's leadership, and supports the wider ecosystem in its bid to develop carrier-grade software backed by reference and validation architectures to spur
Qualcomm becomes premier member in Linux Foundation-hosted open DU/CU project
Hugo Baeta takes helm at Nokia Brasil
Nokia has announced Hugo Baeta as its new General Manager for Brazil. He takes over from Rafael Mezzasalma, who is departing after 14 years with the company. Baeta brings over 30 years of experience in the Latin American technology sector, having previously led Nokia's Mobile Networks business and sales for South America since 2021. His background includes management roles at Nortel Networks and over 15 years as chief sales officer at Cisco.
Hugo Baeta takes helm at Nokia Brasil
NTIA launches Spectrum.gov portal
The US National Telecommunications and Information Administration (NTIA) has launched a dedicated web portal for wireless spectrum policy resources and updates, with the aim of spurring US leadership ahead of 6G standardisation at the 2027 World Radiocommunications Conference. The new Spectrum.gov portal is now live after being unveiled at the 2026 CTIA Summit by the US Department of Commerce's assistant secretary for telecoms Arielle Roth. The platform is tailored to the needs of industry stakeholders and
NTIA launches Spectrum.gov portal
Huawei to modernise Cemig power grid with private LTE
Cemig, the electric utility for the Brazilian state of Minas Gerais, is undertaking a digital transformation to modernise its vast and critical power infrastructure, which includes over 700,000 kilometres of distribution networks serving 90 million consumers. To address this, Cemig has selected Huawei's eLTE Private Network Solution for electric power for a high-capacity telecommunications network spanning the entire state, managed centrally from their control centres.
