Rakuten returns to net profit in Q2 as fintech business expands
Rakuten reported its first net profit in six years in the second quarter, supported by a resilient e-commerce business in Japan and improved profitability from financial services. Group revenue rose 11.6 percent year-on-year to JPY 665.5 billion, led by 27.0 percent growth from the fintech segment. EBITDA increased 11.7 percent to JPY 115.3 billion, and the net result was a profit of JPY 27.2 billion.
Rakuten returns to net profit in Q2 as fintech business expands
Rakuten reported its first net profit in six years in the second quarter, supported by a resilient e-commerce business in Japan and improved profitability from financial services. Group revenue rose 11.6 percent year-on-year to JPY 665.5 billion, led by 27.0 percent growth from the fintech segment. EBITDA increased 11.7 percent to JPY 115.3 billion, and the net result was a profit of JPY 27.2 billion.
LG Uplus tests AI self-healing network with Broadcom Wi-Fi 8 router
LG Uplus has tested "self-healing" network technology with Broadcom using AI to manage the Wi-Fi quality. LG Uplus verified the 'edge AI' technology using Broadcom's new Wi-Fi 8 chips. The AI analyzes and optimizes network status within the home router rather than a cloud server, deliving faster network optimisation and improved performance for customers.
LG Uplus tests AI self-healing network with Broadcom Wi-Fi 8 router
LG Uplus has tested "self-healing" network technology with Broadcom using AI to manage the Wi-Fi quality. LG Uplus verified the 'edge AI' technology using Broadcom's new Wi-Fi 8 chips. The AI analyzes and optimizes network status within the home router rather than a cloud server, deliving faster network optimisation and improved performance for customers.
Bolivia to install 5,000 Starlink antennas at rural schools
Bolivia will install more than 5,000 Starlink antennas in unconnected areas over the coming months to provide internet access to rural schools, President Rodrigo Paz said in an address marking the country's 201st anniversary. The rollout, part of the government's Connected Classroom programme, will initially target rural and semi-urban schools in the departments of La Paz, Cochabamba and Santa Cruz. State-owned operator Entel will oversee the installations and aims to achieve nationwide coverage by the end
Bolivia to install 5,000 Starlink antennas at rural schools
Raxio appoints general manager for Uganda
Raxio Group has appointed Dennis Kahindi as general manager for Uganda. Kahindi has over 20 years of technology and telecommunications leadership at Huawei, Microsoft, Oracle, Liquid Intelligent Technologies and Airtel Uganda. Kahindi said he was drawn to Raxio because of its dedicated goal of building a pan-African digital infrastructure platform at an unprecedented scale. As governments and businesses increasingly prioritize keeping critical data and digital services secure within their borders, advanced
Raxio appoints general manager for Uganda
Estonian operators upgrade SIMs for new mobile ID standards
Estonian operator Elisa said that Estonian mobile operators will begin a gradual upgrade of SIMs supporting the Mobile-ID service to bring the service in line with the new electronic identity requirements of the European Union. To continue using Mobile-ID, the existing SIMs with Mobile-ID support must be replaced with a new one no later than 19 May 2027.
Estonian operators upgrade SIMs for new mobile ID standards
Tech Mahindra, I-Hub QTF to jointly develop trapped-ion quantum computing capabilities in India
Tech Mahindra has signed a partnership deal with I-HUB Quantum Technology Foundation (I-HUB QTF), a technology hub hosted by the Indian Institute of Science Education and Research (IISER) Pune, to support the development of India's indigenous trapped-ion quantum computing capabilities. I-HUB QTF is developing a full stack 20 qubit quantum computer based on trapped-ion platform.
Tech Mahindra, I-Hub QTF to jointly develop trapped-ion quantum computing capabilities in India
Fusion Connect appoints CFO as Interim CEO
Fusion Connect, US provider of managed communications, cloud and connectivity solutions, announced the appointment of CFO Brian McClinntock as Interim CEO with immediate effect. He takes over from Bill Wignall, who has been CEO since 2024 and is leaving to pursue other interests. McClintock will work with Fusion Connect's management to implement the operating plan approved by the Board.
Fusion Connect appoints CFO as Interim CEO
Ukraine launches new consultation universal telecoms law
Ukrainian telecommunications regulator NKEK has published a revised draft law on universal telecommunications services and launched new public consultations. According to the regulator, the draft law brings Ukrainian legislation closer to the norms of the EU telecom code. The proposal is aimed at eliminating gaps identified during the practical application of the Law on Telecommunications; ensuring the availability of universal telecommunications services for all consumers; increasing the transparency of t
Ukraine launches new consultation universal telecoms law
Spark's Skinny Jump broadband service helps over 100,000 homes
Spark New Zealand's Skinny Jump not-for-profit broadband service has provided New Zealand homes with access to around 418 million GB of data since launch in 2016. The value of the subsidised broadband was over NZD 9.1 million in FY25 alone. Skinny Jump provides an affordable home broadband connection and free wireless modem to struggling households. More than 100,000 homes have accessed the service over the last 10 years, with the programme currently connecting around 35,000 homes.
Spark's Skinny Jump broadband service helps over 100,000 homes
Cape Verde sees drop in internet subscriptions in Q1
Data released by the Multisectoral Economy Regulatory Agency (ARME) reveals a 4 percent year-over-year decline in total internet subscriptions in Cape Verde during Q1 2026 to 511,702. Mobile internet dipped 16.4 percent, while fixed broadband grew 12.9 percent. Despite the decline in mobile subscriptions, phone-based access still accounts for 86 percent of the overall market.
Cape Verde sees drop in internet subscriptions in Q1
Somali government plans national data centre
Somalia is planning a new national data centre to upgrade the country's digital infrastructure and improve public service delivery, Dawan reported, citing state minister for communications Ahmed Osman Dirie. He said that Somalia's technology sector continues to advance but a centralised facility is needed to handle growing data storage demands, enhance service reliability and support youth-led technological innovation.
