Global telecommunications firms at the Mobile World Congress in Barcelona are emphasizing advancements in technologies like artificial intelligence to move away from being seen as mere internet providers. CEOs from various telecom companies are investing in AI, 5G and 6G networks, satellite internet, and smart cities, with KDDI planning a smart city in Tokyo and satellite internet with Elon Musk’s Starlink, while MTN is expanding into fintech services alongside wireless connectivity.
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SkyCity Entertainment Group suing Fletcher Building for $330m over NZICC
SkyCity is suing Fletcher Building and Fletcher Construction for $330 million, claiming that the New Zealand International Convention Centre took 10 years to build instead of the contracted three. The lawsuit seeks damages for losses incurred due to ongoing delays, including those stemming from a fire in 2019, with the project now almost six and a half years behind schedule. In response, Fletcher acknowledged the risks associated with the project and stated its commitment to...
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