Worldwide spending on telecommunication and pay TV services will reach $1.55 trillion in 2020, a decrease of 1.4 per cent year over year, according to the International Data Corporation (IDC) Worldwide Semi-annual Telecom Services Tracker. IDC expects the market to start its recovery next year, but pre-crisis spending levels will not be reached before 2022. […]

Local reports suggest that Amazon is in early-stage discussions to take a stake in Indian telco giant Bharti Airtel. Bharti is India’s third-largest telco with over 300 million subscribers. The reports say that Amazon is looking to pick up a 5 per cent stake in Bharti. Bharti’s rival Reliance Jio has recently seen a slew […]