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   Technology StocksSequans, the investors board


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From: frmrVZguy6/26/2018 2:47:06 PM
   of 288
 
New Sequans White Paper titled: LTE and Drones (Registration Required)
sequans.com
LTE and Drones

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From: frmrVZguy7/3/2018 3:18:12 PM
   of 288
 
July 4th Macroeconomics: "QE has arrived" (2015) meets "China tightens belt" (2018)
This is entirely a credit crunch due to over-leveraged industry and private sector.

Chinese/Foreign M&A and investments are slowing all around, and in USA in particular.

Chinese strategy has now adjusted again from earlier taking majority positions, to taking minority positions, to avoidance of USA and turning to other emerging markets where scrutiny is less imposing.
In addition to reducing the M&A spend, there is a reinforced statement to reduce old-technology industry to gain efficiency.

These follow a decade of planning failures that resulted in spectacular food and electricity shortages which lead to over dependency on food imports and old tech processing of everything based on coal energy.

The STATE responded by demanding reduced imports on high tech - the opposite of what it truly needs to operate a healthy economy: People's needs should always come first.
OOOooops.

Then, something truly amazing happened: Monsanto stole $3Billion from Ukraine for spring seed planting and started a war as Eastern Ukrainian farmers blocked the planting and the subsequent loss of right-of-planting rights under Monsanto's usurious legal contracts - via military force supported by Putin. There has never been any other event in Russian history which I applauded as this one, singular event in history bounded by narrow dates and actions and location. It was a very 'American' act to defend land rights as Putin did.

All of Official Europe recognized the truth - and it resulted in a takeover of Monsanto to eliminate the threat through market forces as a preferred solution versus military force.

Then something even more truly amazing happened: Crimea was overtaken by Russian forces under orders by a newly emboldened Putin seeing EU sympathy stacked against USA economic hegemony.
OOOooops?

These political, historic events have now lead to Belt and Road investment initiatives ramping up in a careful manner with partners who can extract revenue from Western countries: think Softbank of Japan and MTS of Russia.
This is a new, 3rd M&A approach that avoids Chinese SOE investment entirely and is a banking loan and bonds approach.
It is carefully targeting those 'friendly' companies that have established markets in the West.

Soooo, why do SQNS owners care?
Offshore investments are being diverted away from USA and USA equity shares are feeling the adjustments. Banks winning and losing are likely to show up in future quarterly reports highlighting those who DO have offshore banking, and those who don't. Western banks that can facilitate business with Belt and Road partner companies will grow strongly.

In that light, an investment firm that can navigate the difficult terrain with experience and daily adjustments is necessary.
The PR announcing "Highland Europe taps Tardy-Joubert as advisory partner March 26, 2018 " was very good news for SEQUANS owners.

It remains to be seen how well the newest EU trade initiatives with China will produce economic gains in the EU.

China is about to be reminded of an old, old lesson: Communism is very expensive.
USA is about to be reminded of an old, old lesson: Republics are difficult to keep.
EU is about to be reminded of an old, old lesson: all Wars are won at the bank - even economic wars.

The Road to Crimea is getting paved so that all of Asia and Europe has a new semi-tropical playground of golf courses and casinos and luxury condominium towers. The network of construction companies and business planners and operators in those industries will likely be very 'friendly'.
Look to Macao and LasVegas for the list of players.
I suggest considering adopting a friendly posture in those emerging markets for the foreseeable future.

POTUS winUS at businUS.

And a Finland summit with Putin is coming in July.

This could be big, very very big... beyond macroeconomics into megaeconomics.

Good luck, Mr.President.

:popcorn:
SELECT REFERENCES
pehub.com
Highland Europe taps Tardy-Joubert as advisory partner March 26, 2018 By Iris Dorbian
Highland Europe has named Jean Tardy-Joubert as advisory partner. Tardy-Joubert has been senior adviser, founder and head of the European practice of Qatalyst Partners since 2009.
PRESS RELEASE
London, 26 March 2018: Highland Europe is delighted to announce that Jean Tardy-Joubert, senior advisor, founder and head of the European practice of Qatalyst Partners since 2009, the technology focused investment bank, has joined the team as an Advisory Partner... Jean’s clients and transaction experience include IPOs and advisory assignments for: ADVA, Alcatel-Lucent, Alvarion/Floware, ARM, Ascom, Autonomy, Bosch, Cambridge Silicon Radio, CapGemini, Cúram Software, Cyvera, ECI Telecom, Ericsson, Farfetch, France Telecom, Gemplus, Ingenico, Logitech, Marconi, MatchesFashion.com, Native Networks, Nokia, NXP/Philips, Psion, Quandoo, Sequans, Siemens, Skyscanner, STMicroelectronics, SwiftKey, Tenovis, Virata/Globespan, Vivendi, Wavecom, Withings, and Xyratex...

reuters.com
JULY 1, 2018 Taking Softbank's lead, China, UK managers form $15 billion tech fund LONDON (Reuters) - A China-backed venture plans to raise $15 billion to invest in technology companies globally, borrowing several pages from the playbook of Japan’s Softbank, whose $100 billion Vision Fund transformed the race to identify and build the next tech giants...

reuters.com
JUNE 29, 2018 China's penetration of Silicon Valley creates risks for startups SAN FRANCISCO (Reuters) ...

reuters.com
JUNE 28, 2018 China further eases foreign investment curbs BEIJING (Reuters) - China unveiled on Thursday a long-anticipated easing of foreign investment curbs on sectors including banking, the automotive and heavy industries, and agriculture as Beijing moved to fulfill its promise to open its markets further...

axios.com
The bottom line: America’s chipmakers go to war vs. China ...

reuters.com
JUNE 15, 2018 China's State Power to bid for Brazil hydroelectric dam: sources SAO PAULO (Reuters)

ft.com
Crisis prompts Bank to boost money supply Chris Giles and David Oakley FEBRUARY 11, 2009
Fears of a deep and prolonged recession on Wednesday spurred the Bank of England to tear up its monetary rule book and prepare to buy huge sums of government bonds and other assets to pump money into the economy...

bloomberg.com
The Time for QE Has Arrived, With Contingencies: Pascual January 12th, 2015 Antonio Garcia Pascual, chief Euro Area analyst at Barclays Capital, talks about the need for quantitative easing measures by the European Central Bank. He speaks on “The Pulse.”
http://mobile.reuters.com/article/article/idUSL1N0WB2BU20150310
COLUMN-ECB launches QE with trailing wind: James Saft Tue, Mar 10 08:00 AM EDT (James Saft is a Reuters columnist. The opinions expressed are his own)
By James Saft March 10 (Reuters) - The European Central Bank is about to discover that for once, by launching a bond-buying campaign just as credit conditions improve, it is getting lucky. That the central bank commences quantitative easing as the Federal Reserve awakes, stretches and prepares to raise U.S. interest rates will also help by sharpening the contrast between the strong dollar and what is likely to be a weakening euro. The ECB began buying up government bonds on Monday under a plan to fight deflation and slow growth by injecting more than 1 trillion euros into the euro zone over the next year and a half. Announced in January, the plan is getting a magnifying effect, not simply because private investors are reacting to ECB purchases by taking on more economy-stimulating risk, but also because the euro zone's true engine of growth, its credit system, is playing along... jamessaft@jamessaft

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From: frmrVZguy7/5/2018 2:47:03 PM
   of 288
 
COMMENT: As Apple drops mmWave, Gig rated LTE-Advanced will be renamed 5G. Told Ya. CBRS will now become a 5G differentiator. Aggregation will become a common term and customers will become familiar with 2CA versus 3CA versus 4CA.

And... I remind you that Intel's XMM7560 and XMM7660 are both gig-rated due to aggregation protocols.

Why do SQNS owners care? PRESTIGE. We are leaders in aggregation technology despite current chips supporting only 2CA (300Mbps). GK has already tipped 3CA chips under development.

Today's over reaction is apparently based on this quote from Law360 a couple weeks ago:
law360.com
IPhone Chip Deal Loss Would Kill Intel 5G Plans, Atty Says By Chuck Stanley Law360 June 22, 2018-- Intel would likely ditch high-priority efforts to develop next-generation wireless technology if it were to lose a contract to supply mobile chips for the iPhone, even for only a year, a senior tech attorney for the company said Friday at an International Trade Commission patent case over Apple’s Intel-equipped handsets. Intel's supply agreement for baseband chips used in the iPhone serve as a foothold in the 4G LTE space, the loss of which would be “devastating” to a wireless revenue stream Intel relies on to support..

While there may still be another story developing at Apple regarding alternate sourcing of modems from MediaTek, today is a mmWave news event. It is not a failure by Intel to perform since there is not a QCOM mmWave modem either inside any iPhone. This is simply the public learning what I have been saying for over a year: mmWave energetics, and packaging, is a tech with limited application.

It is mystifying that CTech is failing to differentiate tech on the definition of 5G - as though they are trying to state that 7560 and 7660 are also booted from iPhones but this has been reported other places.
So, the truth behind today's iPhone news is that energetics, antenna packaging, and signal interference is too difficult in a tight package like an iPhone. CPE and hotspot devices are a completely different design with greater space for both shielding and batteries.
This is a true "I told you so" moment.
:sheesh:
:smh:

REFERENCES
9to5mac.com
Apple dropping Intel as radio chip supplier, killing off the product – report Ben Lovejoy - Jul. 5th 2018 4:03 am PT @benlovejoy A new report claims Apple has notified Intel that it will not use the chipmaker’s radio chips in its 2020 iPhones. It goes on to say that as Apple was the primary customer for the combined 5G, Wi-Fi and Bluetooth chip, Intel has now halted development of the product and disbanded the team working on it …
CTech cites both multiple sources and internal documents. "Intel will not provide 5G modems for Apple’s 2020 mobile devices, according to internal company communications reviewed by Calcalist, and people familiar with the matter. Apple has notified Intel it would not use a mobile modem developed by the chipmaker in its next-generation mobile device, Intel executives said in the communications. Further development of the modem component internally called “Sunny Peak” has been halted and the Intel team that’s working on the product will be redirected to other efforts, the executives said."

original article calcalistech.com

m.calcalistech.com
Opinion
No Payout Yet for Intel's 5G Gamble
If working with Apple is a benchmark of quality, the company’s decision to drop Intel as a provider is a warning sign and could influence other Intel customers
Omer Kabir 13:35 05.07.18....

engadget.com
Intel's PC concept 'hides' a 5G antenna in a plump kickstand The design is supposed to prevent signal interference, which is crucial with millimeter waves. Cherlynn Low, @cherlynnlow 02.28.18 in Personal Computing

Intel's 5G page iq.intel.com

blogs.intel.com
PAVING THE ROAD TO 5G MOBILE SERVICES Written by Asha Keddy | February 22, 2016...
ABOUT ASHA KEDDY Asha Keddy is a vice president in Intel?s Mobile and Communications Group and General Manager of the company?s Standards and Advanced Technology team. She is responsible for driving Intel?s innovation and industry standards around mobile communications, including the investigation and development of future technologies, ecosystem intelligence and collaborations, and translating these into Intel products... Ms. Keddy has more than 17 years? experience leading and managing wireless and mobile broadband technology and product areas, including the scaling of Intel?s WiMAX products to multiple operators and Telcos... Keddy obtained a B.E. degree in Computer Engineering from Bombay University, India and a M.S. degree in Computer Science from Clemson University...

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From: frmrVZguy7/8/2018 1:14:44 PM
   of 288
 
Harvesting 'Booo'- berries to drive SCALE: Taurus POTUS buys time for Western consolidation to Get Big and Face Chinese Monsters in the Race to SCALE. Are EU Leaders smart enough to recognize the strategy is intended to Save The Western World? Can Global Captains of Industry respond quickly enough as China tries to divide the EU into East v West? In this moment, can EU Leaders see good relations with Russia are an advantage?
Small cap firms require a new era of Noblesse Oblige' from Large Cap firms: Consolidation Support.

The Rise of a new era: 'First and Most'

In the movie "Pacific Rim", giant monsters called Kaiju emerged from the Pacific and attacked the world forcing a global existential reaction and consolidatiion of efforts to build giant human-piloted attack bots named Jaegers in response.
In the real world, Western industries have been manuevering to form 'jaegers' and often have been blocked by current international trading rules which gives right of refusal to China for a merger.
This right of refusal must be drowned in the bathtub.

Western corporations must be permitted to merge into collosal 'jaegers' to fend off a Communist law-hating competitor who acts like an existentialist desperado. Start with NOK + ERIC. Then STM + NXP. Then GCT + SQNS.
Financial results in China must not be allowed to dictate to emerging markets, and no where is this more tested than India. No country has been better to India than USA as it seeded technology and jobs over there, starting with 1994-5 era programming job transfers, after supporting education massively in earlier years. It's time for USA industry and POTUS to make demands there to open up, and to drop ridiculous usurious tax lawsuits against Western corporations like ERIC and NOK have suffered. Modi must have a 'Come to POTUS' moment - immediately.
We can force this by shining light on the financing and operations of Reliance Jio starting with the Deloitte financial review. telecom.economictimes.indiatimes.com
Accounting quirks? Jio earnings face close scrutiny on D-Street The vast majority of stock analysts who follow the conglomerate consider it a good investment. Bloomberg | April 23, 2018... Unusual Accounting
A review of Jio’s unaudited results for the last year shows that the wireless venture and its parent relied on a series of accounting decisions that wound up portraying Jio’s financial performance in the best possible light. Analysts have previously noted some anomalies in Jio’s accounting, like the inclusion of six months of revenues in a three-month reporting period. Another accounting decision reveals even more... (more)

SECOND, in the news is more rolling consolidation in the Consumer Devices sector - now the wireless-camera/router sector.
This consolidation must be accelerated to create more Foxcon-like ODMs. A new calculus that restricts M&A voting on smaller businesses consolidating must be incorporated - forcefully, even before it is adopted by negotiating bodies.
To h3ll with Chinese objections.
China must be confronted with our own 'jaegers'.

This is a war we must not lose. And in this war, I prefer strong language to bombs and bullets.
We here in USA have spent far too much for the appearance of democracy.
It's now time for the Western-aligned world to prove their democracy.

So, THIRD... that includes EU's Defense.
The USA policy there should be: 'First and Most'
EU must pay 'First and Most' for defense on their soil.
EU must fight 'First and Most' in any War on their soil.
EU must die 'First and Most' in any War on their soil.
We have paid too much in USA lives and treasure already. Basta!

It all starts by herding cats with 'Booo'.
Give 'em h3ll Mr. President.

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From: frmrVZguy7/9/2018 9:50:57 AM
   of 288
 
TAILWIND? CTech correction says: 'Ooops, we meant the 5G Unlicensed band chip'. Is this worse? mmWave is a recognized tech challenge but WFi and Bluetooth are undergoing enhancements for the 5G era that are just tweeks to existing radios and software.

An important capability is handling LTE over WiFi as with LTE-U and LTE-LAA and multifire.
Bluetooth has a couple enhancements for both super low power and at the other end, super high power and high bandwidth.

With the possibilities increased, the story falls too short on details to know what happened, except that someone else's Unlicensed band chip won Apple's buisiness - think Broadcom of course.

This could be tailwind for Sequans who already has a proven LTE-over-unlicensed solution in its CBRS solutions and could be invited to the party by someone who has a need for a proven tech provider.

Hmmm, who might that be?

Time for more :popcorn:

REFERENCES
Motley Fool and RCR both show retraction links to ctech

rcrwireless.com
Report: Intel iPhone components on shaky ground with Apple By Susan Rambo on JULY 6, 2018
Intel has reportedly lost a slot in Apple’s 2020 mobile products
Apple has informed Intel that Apple will not be using Intel’s Wi-Fi and Bluetooth products in its 2020 mobile devices, says a new report from Calcalist, a financial news website based in Israel. The report said Intel is dropping production of “Sunny Peak,” a component it was designing specifically for Apple, and putting the Sunny Peak team to work on other projects...

calcalistech.com
Apple Passes Over Intel in Search for Chips for a Future iPhone
Update: Apple has notified Intel it will not use a Wi-Fi and Bluetooth component developed by the chipmaker in its next-generation mobile device Yoav Stoler Update, Friday, July 6, 2018: Intel will not provide Wi-Fi and Bluetooth components for Apple’s 2020 mobile devices, according to internal company communications reviewed by Calcalist, and people familiar with the matter. Apple has notified Intel it would not use a mobile communication component developed by the chipmaker in its next-generation mobile device, Intel executives said. Further development of the component internally called “Sunny Peak” has been halted and the Intel team that's working on the product will be redirected to other efforts, the executives said.
A previous version of this article incorrectly stated that the Sunny Peak component also included 5G connectivity. ... (more)

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From: frmrVZguy7/9/2018 4:25:04 PM
   of 288
 
Sequans on Ericsson web page: Partners with established interoperability in the IoT Accelerator ecosystem
Notice the chip designers that are NOT listed.
Very interesting
FYI
FWIW
ericsson.com

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From: frmrVZguy7/9/2018 4:30:25 PM
   of 288
 
Are we there yet? Perspective on EUTC case AT.40484 versus the Google AT.40099
It has taken three full years to progress from 40099 initiation to today.
We are 40484 and initiated Jan 31, 2017.
No public documentation nor acknowledgement is ever required from the Commission.

FYI
FWIW
europa.eu
European Commission - Fact Sheet
Antitrust: Commission sends Statement of Objections to Google on Android operating system and applications – Factsheet
Brussels, 20 April 2016 The European Commission has informed Google of its preliminary view that the company has, in breach of EU antitrust rules, abused its dominant position by imposing restrictions on Android device manufacturers and mobile network operators... (more)
europa.eu
European Commission - Press release
Antitrust: Commission sends Statement of Objections to Google on Android operating system and applications
Brussels, 20 April 2016 The European Commission has informed Google of its preliminary view that the company has, in breach of EU antitrust rules, abused its dominant position by imposing restrictions on Android device manufacturers and mobile network operators. The Commission's preliminary view is that Google has implemented a strategy on mobile devices to preserve and strengthen its dominance in general internet search... More information is available on the Commission's competition website, in the public case register under the case number 40099.
ec.europa.eu
Antitrust/Cartels
Antitrust/Cartel Cases
40099 Google Android
Economic Activity: J.62.01 - Computer programming activities J.58.2 - Software publishing J.63.12 - Web portals
Events:
Date Document Type Document
20.04.2016 Opening of Proceedings en pdf Published on 22.04.2016
...
15.04.2015 Opening of Proceedings en pdf Published on 15.04.2015

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From: frmrVZguy7/10/2018 1:28:15 PM
   of 288
 
India News Tikona Bharti Airtel M&A approved by NCLT over ownership and assets dispute. DoT next.
Tikona stated to be debt-free and planning to double size - appears to operate as an MVNO providing BWA/FWA on Bharti Airtel after sales of all assets besides employees. Expect roaming across entire Bharti Airtel network worldwide including Africa. Bharti Airtel also operates a JV with Verizon of USA for CDN and content - some of which is USA sourced - also India and China - ala Netflix.

Tailwind?
FYI
FWIW

TODAY'S REFERENCE
telecom.economictimes.indiatimes.com
NCLT clears Bharti Airtel's Tikona acquisition
The alliance will now need the approval of the Department of Telecommunications (DoT).
ETTelecom | July 10, 2018, 21:05 IST
MUMBAI: The National Company Law Tribunal (NCLT) has given its nod to the merger of Bharti Digital Networks (formerly called Tikona Digital Networks) with Bharti Airtel. The NCLT in its Tuesday order stated that under the scheme of amalgamation, all the property, rights and powers of Bharti Digital Networks will now be transferred to Sunil Mittal owned company. A similar transfer will happen of all the liabilities, duties and proceedings that are by or against Bharti Digital Networks . "In view of absence of any other objections , having been placed on record before this Tribunal and since all the requisite statuary compliances having been fulfilled, this Tribunal sanctions the scheme of amalgamation...with the company petition as well as the prayer made therein ", said the order . The alliance will now need the approval of the Department of Telecommunications (DoT)... Acquisition of Tikona gives Bharti Airtel access to the former’s 4G spectrum in five circles-—Gujarat, UP (East), UP (West), Himachal Pradesh and Rajasthan... ET had earlier reporte(d) that the Tikona deal, which includes taking on debt of Rs 500-600 crore, will see Airtel net 100 MHz of 4G spectrum in the 2300 MHz (4G) band equally split across the five circles, taking its total 4G holding to close to 880 MHz (including Telenor India), compared with 1,169 MHz for Jio and 1,089 MHz for the Vodafone-Idea combine. It will also get 350 cell sites in those five circles but won’t take on any employees of Tikona..

OLDER REFERENCES

economictimes.indiatimes.com
Airtel deal will make Tikona debt-free: CEO Updated: Mar 28, 2017, 01.01 AM IST NEW DELHI: Tikona Digital will be a debt free company and will have ample opportunity to expand its fixed broadband services in the home, small, medium and large enterprise segment to double its business in the next 18 to 24 months once it completes its divestment of 4G business, Prakash Bajpai, chief executive officer of Tikona Digital, told ET. “After the transaction, Tikona will perhaps be a rare example of a debtfree company in the telecom or data space with enough resources to grow. While the industry remains focused on the larger pie of mobile voice and data services, Tikona has ample opportunity to cater to the fixed broadband services,” Bajpai said...

telecomtalk.info
Tikona Hopes to Double Fixed Broadband Services Business After Airtel Deal: Report Tikona Digital, which last week inked an agreement to sell 4G spectrum and business to Bharti Airtel, is now hopeful of doubling its fixed broadband services business in 18 to 24 months by expanding its reach in the market... STORY FIRST PUBLISHED ON: March 27, 2017 at 6:00 pm

telecom.economictimes.indiatimes.com
Tikona will have enough resources to grow after Airtel deal: Prakash Bajpai, CEO Tikona Digital’s current business and assets will be moved to Tikona Infinet, which will become an integrated data services operator to the home, enterprise and public wifi markets. ETTelecom | March 27, 2017, 09:25 IST NEW DELHI: Tikona will be a debt free company in telecom space with enough resources to grow after the completion of sale of its 4G business to Bharti Airtel, according to Prakash Bajpai, chief executive officer of Tikona. In an interaction with ET’s Danish Khan, Bajpai said that Tikona Digital’s current business and assets will be moved to Tikona Infinet, which will become an integrated data services operator to the home, enterprise and public wifi markets. He said that the company will continue to be backed by Tikona Digital’s erstwhile global investors. Edited excerpts.

telecom.economictimes.indiatimes.com
Tikona aims to double broadband biz post 4G divestment The current business and assets of Tikona Digital Networks, other than the 4G business and the spectrum, will be moved to Tikona Infinet Limited (TIL), which will become an integrated data services operator to the home, enterprise and public WiFi markets or customer segments in India. ETTelecom | March 27, 2017, 18:23 IST NEW DELHI: Tikona Digital will be a debt free company and will have an ample opportunity to expand its fixed broadband services in the home, small medium and large enterprise segment to double its business in the next 18 to 24 months once it completes its divestment of 4G business,” Prakash Bajpai, chief executive officer of Tikona Digital, told ET. “After the transaction, Tikona will perhaps be a rare example of a debt-free company in telecom or data space with enough resources to grow. While the industry remains focused on the larger pie of mobile voice and data services, Tikona has ample opportunity to cater to the fixed broadband services,” Bajpai said. “We are bullish about the big opportunity to proliferate broadband services and are in the process contributing towards realizing the dream of Digital India.”.. Bharti Airtel will take over about $150 million debt of the ISP as part of the agreement, said Bajpai...
The current business and assets of Tikona Digital Networks, other than the 4G business and the spectrum, will be moved to Tikona Infinet Limited (TIL), which will become an integrated data services operator to the home, enterprise and public WiFi markets or customer segments in India. Bajpai said that Tikona Infinet will continue to provide wireless broadband services over which were earlier offered by Tikona Digital in India’s top 25 cities and grow them further. Tikona Infinet would also continue to grow its enterprise business comprising MPLS VPN and allied services that they provide to large enterprise customers across India.
The executive said that Tikona Infinet will continue to be backed by Tikona Digital’s erstwhile global investors -- Goldman Sachs, Oak Investment partners, Everstone Capital, L&T Infrastructure Finance, International Finance Corporation (IFC) and others. Bajpai said that the demand for surplus or unused spectrum available with companies like Tikona emerged only after the last auction. Prior to the October 2016 auction, there was no demand for the 4G spectrum due to under-developed 4G handset eco system, a reason behind Tikona’s half-hearted approach in the 4G domain.

economictimes.indiatimes.com
Telcos on 4G spectrum acquisition overdrive as data consumption soars | Updated: Mar 27, 2017, 01.18 AM IST KOLKATA: Telecom operators in India are on an overdrive to acquire additional 4G capacity spectrum to spruce up networks in terms of speed and riding video content amid the sharp upsurge in data consumption levels, analysts and industry experts said... Brokerages UBS and JM Financial said that Bharti Airtel has sufficiently reinforced its capacity spectrum following the Tikona deal as it now has 30 MHz blocks of 4G airwaves in the 2300 MHz band in as many as 13 out of the country’s 22 telecom circles.
Analysts at JM Financial said that Airtel effectively has “the highest spectrum holding in the industry with an aggregate 1505 MHz of pan-India spectrum holdings across all bands”, which is 22% more than Jio’s total airwaves bank...

telecom.economictimes.indiatimes.com
Airtel acquires Tikona’s 4G biz for Rs 1,600 cr; companies get legal notice from cofounder Tikona currently has 20 MHz spectrum in the 2300 MHz band in Gujarat, UP (East), UP (West), Rajasthan and Himachal Pradesh circles. Airtel plans to roll-out high speed 4G services on the newly acquired spectrum in the five circles immediately after the closure of the transaction. ETTelecom | Updated: March 24, 2017, 12:43 IST NEW DELHI: Bharti Airtel has acquired Tikona Digital's 4G airwaves for Rs 1,600 crore... Rajesh Tiwari, one of the cofounders of Tikona, though sought to put a spanner in the deal, slapping a legal notice against both the companies for not providing details of how the proceeds will be split among shareholders. He has said the deal should not go ahead until there was clarity about his entitlements and his interests were protected. Tiwari owns just over 1 per cent in the Mumbai-based Internet services provider... Tikona was founded in 2008 by former Reliance Communications executives Rajesh Tiwari and Prakash Bajpai. Its other investors include Goldman Sachs, Oak Capital, IFC and Everstone Capital. The company will retain its home broadband wireless business. Tiwari, who left the company in 2009, holds a direct 1 per cent stake in Tikona. He is also a shareholder of Tikona Trust, which in turns owns a stake in the company. He told ET that he was taking legal action as he had not been provided information regarding the split of the share proceeds from the sale to Airtel...

moneycontrol.com
Mar 24, 2017 11:50 AM IST | Bharti Airtel gets legal notice from Tikona co-founder, 4G biz deal under a cloud... The Sunil Mittal-led company has reportedly received a legal notice from Tikona’s Co-Founder and Minority Shareholder, Rajesh Tiwari, asking for a stay on the deal. Tiwari, with a 2.5 percent stake in the Tikona Trust, is believed to be unhappy about the waterfall arrangement or the money slated to be given to shareholders at the time of the deal. While Tikona had sought the consent of shareholders to sell its spectrum to Airtel, it allegedly had not clarified on the percentage share of all shareholder after the deal. Other shareholders of Tikona include Goldman Sachs, Rathi Rathi & Co, and Oak Investment Partners...

Message 31042360
UPDATE 3/24 economictimes reports Tikona "will retain its home (BWA) business" and Airtel "won't take on any employees of Tikona"
So, this gives the appearance of an MVNO relationship sellng TIKONA branded service with TIKONA branded CPE equipment on the Artel network. This appears to be good news as Rs5-600crore (est $91M) debt is retired via a cash pool resulting from the $171M loan plus $244M sale yielding net $324M for operations and procuring CPE now that the network expense is turned over to Airtel. It also implies an expansion of offerings into MiF-type hotspots for mobile service now that Airtel coverage is provided.

economictimes.indiatimes.com
Airtel acquires Tikona's 4G business for Rs 1,600 crore By ET Bureau | Mar 24, 2017, 12.33 AM IST
NEW DELHI: Bharti Airtel has acquired Tikona Digital's 4G airwaves for Rs 1,600 crore, ramping up its high-speed broadband spectrum capacity to take on Reliance Jio Infocomm and the Vodafone-Idea Cellular combine in a fiercely competitive market which is seeing rapid consolidation. The deal, announced a few days after Vodafone and Idea said they were merging their businesses to create a company that will replace Bharti Airtel as India's largest telco, gives the Sunil Mittal-led company access to Tikona's 4G airwaves in five circles — Gujarat, UP (East), UP (West), Himachal Pradesh, and Rajasthan. It will also narrow the gap between Bharti's pan-India 4G spectrum capacity and Vodafone-Idea's and Reliance Jio's, although the difference will still be significant.
Rajesh Tiwari, one of the cofounders of Tikona, though sought to put a spanner in the deal, slapping a legal notice against both the companies for not providing details of how the proceeds will be split among shareholders. He has said the deal should not go ahead until there was clarity about his entitlements and his interests were protected. Tiwari owns just over 1 per cent in the Mumbai-based Internet services provider...
The Tikona deal, which includes taking on debt of Rs 500-600 crore, will see Airtel net 100 MHz of 4G spectrum in the 2300 MHz (4G) band equally split across the five circles, taking its total 4G holding to close to 880 MHz (including Telenor India), compared with 1,169 MHz for Jio and 1,089 MHz for the Vodafone-Idea combine. It will also get 350 cell sites in those five circles but won't take on any employees of Tikona...
Apart from increasing spectrum capacity, Bharti Airtel's weighted average spectrum usage charges (SUC) will also reduce because Tikona's SUC is at 1 per cent of adjusted gross revenue (AGR), said Naveen Kulkarni, co-head of research at brokerage PhillipCapital.
"Bharti currently pays SUC of around 4.3 per cent of AGR. With the acquisition of Tikona's spectrum, Bharti's SUC is likely to reduce by 25 basis points, translating into an annual savings rate of Rs 100 crore. Considering the significant enhancement of data footprint and SUC savings (NPV of Rs 1,000 crore), we find the acquisition adds significant value to Airtel," said Kulkarni. ..
Tikona was founded in 2008 by former Reliance Communications executives Rajesh Tiwari and Prakash Bajpai. Its other investors include Goldman Sachs, Oak Capital, IFC and Everstone Capital. The company will retain its home broadband wireless business. Tiwari, who left the company in 2009, holds a direct 1 per cent stake in Tikona. He is also a shareholder of Tikona Trust, which in turns owns a stake in the company. He told ET that he was taking legal action as he had not been provided information regarding the split of the share proceeds from the sale to Airtel

medianama.com
Airtel confirms acquisition of Tikona’s 4G spectrum on March 23, 2017
... According to the report, Tikona might separate its broadband business from its core business, and run the broadband service as an independent brand...
Tikona’s unsuccessful attempt to launch 4G; Fundraise
Speculations of Tikona’s 4G spectrum sale to Vodafone comes after Tikona seemingly abandoned its 4G broadband plans. Tikona had announced in October 2015 that it would launch “4G broadband plans” in 30 cities by the first half of 2016 but currently runs a pilot project in Varanasi for home and enterprise users. Tikona also provides wired broadband services in 23 cities. It had raised $171 million from an independent US government investment agency in January...
mobileworldlive.com
Bharti Airtel boosts 4G with Tikona spectrum buy 23 MAR 2017... Tikona had planned to provide 4G broadband services in the first half of 2016 in 30 cities, but these plans were abandoned
telecom.economictimes.indiatimes.com
Bharti Airtel to acquire Tikona’s 4G spectrum and business Tikona currently has 20 MHz spectrum in the 2300 MHz band in Gujarat, UP (East), UP (West), Rajasthan and Himachal Pradesh circles. Airtel plans to roll-out high speed 4G services on the newly acquired spectrum in the five circles immediately after the closure of the transaction. ETTelecom | Updated: March 23, 2017, 17:45 IST
NEW DELHI: Bharti Airtel on Thursday said that it has entered into a definitive agreement with Tikona Digital Networks to acquire Tikona’s 4G business including the Broadband Wireless Access (BWA) spectrum and 350 sites, in five telecom circles, adding momentum to merger and acquisitions in the telecom sector which recently saw two mammoths – Idea and Vodafone – teaming up to take on competition...
in.mobile.reuters.com
Thu Mar 23, 2017 | 5:22 PM IST Bharti Airtel to buy Tikona's 4G business for $244 million Telecommunications company Bharti Airtel said it would buy internet services provider Tikona Digital Networks' 4G business in a deal worth 16 billion rupees ($244.20 million). The deal includes acquisition of Tikona's Broadband Wireless Access spectrum and 350 sites in five telecom circles, Airtel said in an exchange filing.
livemint.com
Thu, Mar 23 2017. 06 16 PM IST Airtel to acquire Tikona’s 4G business, including BWA spectrum Airtel says it has entered into a definite agreement with Tikona Digital Networks to buy its 4G business, including Broadband Wireless Access spectrum and 350 sites, in 5 telecom circles New Delhi: Bharti Airtel Ltd agreed to buy Tikona Digital Networks Pvt. Ltd’s 4G business, including its broadband wireless access spectrum and 350 cellular sites in five telecom circles, the country’s largest telecom operator said on Thursday...
livemint.com
Last Modified: Sat, Mar 18 2017. 12 45 AM IST Bharti Airtel close to buying Tikona’s 4G spectrum
Overall value of Bharti Airtel-Tikona deal, which will be split into tranches, may be Rs1,500-1,700 crore
New Delhi: Bharti Airtel Ltd is in the final stages of talks with Tikona Digital Networks Pvt. Ltd to buy the latter’s 4G spectrum, as India’s largest telecom company seeks to increase its capacity to offer data services to customers. ..

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From: frmrVZguy7/11/2018 3:18:35 PM
   of 288
 
BREAKING NEWS: China Mobile announces 5G device procurement including FWA/BWA. Test items purchased in 9/2018, shipped by 11/2018. Decision 2/2019, shipped by 4/2019. The jargon below in the State announcement is a little muddled but it includes CPE, phones, and likely mifi-type hotspots.

Recall that for China the term 5G refers to 3.5Ghz band service.

Good luck to our (known) China ODM partners: Baicells, Sunhans, Huawei, ZTEWeLink, ACETEL, ZMTEL (more?)
The list of offshore partners is longer but it is unknown whether any offshore brands can compete. e.g. Wistron, Sercomm, Sasken, (more)

see this round up of prior partner finds
Message 31649406

SOURCE

en.c114.com.cn
China Mobile Announces to Purchase 5G Smart Phones in February Next Year Updated:2018/7/11 17:32
China Mobile issued 5G Terminal Product Guide, in which China Mobile clearly stated that it is necessary to purchase test terminals and connection CPE in September this year, and complete delivery in November by the manufacturer. In February next year, China Mobile will purchase smart phones, the connective / integrative CPEV / VR / AR products, and request the manufacturer to deliver them in April in the same year; In July next year, China Mobile will purchase VR/AR&5G modules and request manufacturers to deliver them in September in the same year. In addition, China Mobile will also purchase the unmanned aerial vehicle, 5G PC / panel computer as appropriate. In order to achieve this goal, China Mobile has formulated detailed 5G terminal product guidelines for the industry, involving R&D for 5G key technology, testing, verification and so on.
Source:C114

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From: frmrVZguy7/13/2018 2:39:56 PM
   of 288
 
Bellweather News? China rapid permitting for France Trade in Beef following June Beijing Summit.
FYI
FWIW
reuters.com
JULY 13, 2018 China gives first import permits for French beef firms... Locked in a tit-for-tat trade standoff with Washington, China has proposed retaliatory tariffs against a range of U.S. goods including beef, which could help France by stalling U.S. shipments after they resumed last year...
reuters.com
JUNE 25, 2018 China, France agree to expand trade, EU raises 'difficult issues' BEIJING (Reuters)

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