Mobile World Congress 2014

ME Newswire / Business Wire

SHENZHEN, China - Monday, February 24th 2014

ZTE Corporation ("ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, has launched the world's first virtualised Cloud NF (network function) solution for multi-RAT (radio access technology) networks.

The evolution of mobile networks to flat, cloud-based networks will improve operator competitiveness and simplify operations, administration and management (OAM). In response to this trend, ZTE has developed the Cloud NF solution, which integrates the functions of core networks and controllers through network functions virtualisation (NFV).

The Cloud NF solution uses virtualisation technology to separate hardware from software in the architecture and integrates all network element functions of the mobile network. In addition, it applies ... Read more »

ME Newswire / Businesswire

PlayPhone’s "Plug-In Mobile Game Store” for Messenger Apps Offers One-Tap Access to the World’s Most Popular Mobile Games

BARCELONA - Monday, February 24th 2014

Mobile World Congress 2014

Mobile World Congress – PlayPhone, Inc., a global leader in mobile social gaming, and Tango, the popular U.S.-based mobile messenger app that lets users connect with friends via calls, messaging, video and shared entertainment, today announced a partnership to offer access to PlayPhone’s global gaming network from within Tango’s messaging app. The deal marks the first-ever plug-in mobile game store for an over-the-top (OTT) communications app and significantly enhances the service proposition for Tango’s 190 million members and for PlayPhone’s operator and developer partners.

"PlayPhone’s massive gaming network and relationships with leading mobile carriers and game developers enable Tango to provide new ways for customers to connect and ... Read more »

NFV and SDN enable flexible configuration and operation of core networks

SHENZHEN, China - Monday, February 24th 2014 [ME NewsWire]

Mobile World Congress 2014

(BUSINESS WIRE)-- ZTE Corporation ("ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices has launched its Cloud UniCore Solution, which enables the virtualised operation of EPC/IMS core network equipment. Responding to changes in network load capacity, the Cloud UniCore Solution uses virtual platform technology to enable the flexible configuration and operation of network equipment, meeting the demanding network operation requirements of the age of 4G, big data, converged networks.

The ZTE Cloud UniCore Solution makes use of the latest network function virtualization (NFV) and software defined network (SDN) technologies. By decoupling software and hardware, it achieves the flexible sc ... Read more »

ME NewsWire/ Business Wire

NEW YORK - Sunday, February 23rd 2014

Moody's Corporation (NYSE:MCO) today announced a conditional open offer to acquire up to 2,650,000 equity shares of ICRA Limited, a leading provider of credit ratings and research in India. The offer is conditional upon acquiring at least 2,149,101 equity shares, which would increase Moody’s ownership stake from 28.5% to just over 50.0%. Full acceptance of the offer would increase Moody’s ownership stake in ICRA to approximately 55.0%.

The offer price, payable in cash, is INR 2,000 per share, which represents a 25.9% premium to ICRA’s closing price on the National Stock Exchange of India Limited (NSE) on February 21, 2014, and a 28.7% and 42.5% premium to the one-month and six-month trailing average stock price, respectively. The offer price represents a 22.2% premium to ICRA’s all-time closing high on the NSE of INR 1,637 per share on December 31, 2013.

The tender period is expected to begin ... Read more »