collected by :Lara Phillip
We think that OT’s subscription management solutions and Huawei smartwatches will accelerate the introduction of eSIM technology and open new business opportunities”.
OT is proud to demonstrate the 1st subscription management reference in the MENA Region together with STC and Huawei”.
View the full release here: http://www.businesswire.com/news/home/20170314005709/en/In this regard, STC is proud to announce the 1st eSIM trial in the MENA*region that uses the GSMA compliant subscription management platform from OT and Huawei smartwatch.
COLOMBES, France–(BUSINESS WIRE)–Saudi Telecom Company (STC), the largest ICT services provider in the MENA* Region, OT (Oberthur Technologies), a leading global provider of embedded security software products and services, and Huawei, a leading global ICT solutions provider, have teamed up to pioneer the introduction of remote subscription management solutions in the MENA Region and develop new opportunities around eSIM technology.
OT offers end-to-end solution to securely and remotely change and manage subscriptions, with minimum impact on an MNO’s systems and infrastructures.
Saudi Telecom Company (STC) Colabora com OT (Oberthur Technologies) e Huawei para Desbravar Soluções em Tecnologias eSIM
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Huawei takes over 16% shares in Bakrie Telecom through bond conversion
In 2016, Bakrie Telecom issued a Rp 7.6 trillion mandatory convertible bond to restructure its Rp 11.6 trillion debt.
Bakrie Telecom president commissioner Anindya Novyan Bakrie said the conversion would help improve the company’s financial condition as it had converted Rp 1.23 trillion (US$92.05 million) debt into shares.
The local unit of Chinese telecommunications giant Huawei has secured 16.83 percent of publicly listed telecommunications operator PT Bakrie Telecom through bond conversion, paving the way for the latter to recover from its financial woes.
Anindya added that Bakrie Telecom was currently formulating its business plan for 2017.
“The mandatory convertible bond actually has a long tenor, but Huawei chose to convert it into shares.