Telefonica marked a sharp revenue decline year over year in the third quarter of 2020, but improved results compared wiuth the previous quarter.

As a direct result of crises, Hrvatski Telekom total consolidated net revenue decreased by HRK 221 million or 3.9% in 9M 2020 compared to 9M 2019. The revenue decrease was caused by lower realization in mobile revenue (HRK 175 million or 6.7%), fixed revenue (HRK 138 million or 5.5%), and miscellaneous revenue (HRK 11 million or 93.5%) but was partially offset by higher System Solutions (HRK 103 million or 18.3%).

Hrvatski Telekom is the first to launch a commercial 5G network, which is the foundation of the future technological development of the economy and society. At the moment, the 5G network is available in areas of Zagreb, Rijeka, Split, Osijek, Samobor and Sveta Nedelja. With 5G, Hrvatski Telekom is building a network of the future that will enable the connection and automation of numerous sensors, industrial devices, autonomous vehicles, drones, as well as the advances in telemedicine. In selected tariffs Hrvatski Telekom, without additional charges until June 10, 2021, offers all of its customers the possibility to use the 5G network, in by 5G covered areas and with use of a compatible 5G device.

US consumers will spend $190.47 billion this year on holiday eCommerce purchases, up 35.8% and representing an incremental $50.19 billion in sales vs. 2019, according to eMarketer.

In the first fiscal Quarter of 2021, ended September 30, Microsoft posted revenue of $37.2 billion, an increase of 12% compared with the same period last year.

The value of instant payments, where transactions are completed within ten seconds, will reach $18 trillion in 2025, up from $3 trillion in 2020; a growth of over 500%, according to Juniper Research.

UK regulator Ofcom pressed ahead with previously unveiled plans to forbid the sale of locked devices by operators.

Strategy Analytics forecasts that sales of eSIMs for IoT applications will grow to 326 million by 2025.

Marijana Bačić and Jerko Dumanić are promoted to the new, vice-presidential positions in Hrvatski Telekom.

New Nokia president and CEO Pekka Lundmark will take over the position from Rajeev Suri a month earlier than planned on 1 August.

Nokia has appointed Marco Wirén as CFO of the company and member of the Group Leadership Team, replacing current CFO Kristian Pullola.

Telefonica marked a sharp revenue decline year over year in the third quarter of 2020, but improved results compared wiuth the previous quarter.

In the first fiscal Quarter of 2021, ended September 30, Microsoft posted revenue of $37.2 billion, an increase of 12% compared with the same period last year.

UK regulator Ofcom pressed ahead with previously unveiled plans to forbid the sale of locked devices by operators.

As a direct result of crises, Hrvatski Telekom total consolidated net revenue decreased by HRK 221 million or 3.9% in 9M 2020 compared to 9M 2019. The revenue decrease was caused by lower realization in mobile revenue (HRK 175 million or 6.7%), fixed revenue (HRK 138 million or 5.5%), and miscellaneous revenue (HRK 11 million or 93.5%) but was partially offset by higher System Solutions (HRK 103 million or 18.3%).

Hrvatski Telekom is the first to launch a commercial 5G network, which is the foundation of the future technological development of the economy and society. At the moment, the 5G network is available in areas of Zagreb, Rijeka, Split, Osijek, Samobor and Sveta Nedelja. With 5G, Hrvatski Telekom is building a network of the future that will enable the connection and automation of numerous sensors, industrial devices, autonomous vehicles, drones, as well as the advances in telemedicine. In selected tariffs Hrvatski Telekom, without additional charges until June 10, 2021, offers all of its customers the possibility to use the 5G network, in by 5G covered areas and with use of a compatible 5G device.

Jose Maria Alvarez-Pallete, Telefonica CEO, said it is critical that Europe introduced competition rules to strengthen the beleaguered telecoms sector.

Global mobile messaging provider mGage launched the first-of-its-kind solution to bring Mobile Payments within the Rich Communication Services channel.

Ford, Bedrock and Bosch launched a demonstration project with connected Ford Escape test vehicles inside Bedrock’s Assembly Garage in Detroit using Bosch smart infrastructure.

IBM and the city of Seoul, South Korea, have launched an AI-based virtual assistant for Seoul citizens using IBM Watson Assistant.

Nvidia said the European High-Performance Computing Joint Undertaking is using its accelerated computing platforms and architecture to build four new supercomputers.

Samsung unveiled the PRO Plus and EVO Plus, its two new lines of SD cards featuring exceptional speeds and improved durability.

Bosch, Mercedes-Benz, and the parking garage operator Apcoa want to introduce driverless and fully automated parking at Stuttgart airport in the future.