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Pak awards $395mn 4G licence to Telenor

  Karachi / AFP Pakistan awarded a $395 million 4G licence to Norwegian telecom giant Telenor, as it seeks to capitalise on a booming domestic mobile market some two years since broadband Internet arrived in the country. In 2014, Pakistan auctioned its first 4G broadband licence to China’s Zong for $210 million, along with 3G licenses to Zong, the UAE’s ...

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Japan’s Line to raise as much as $1bn in IPO

  Tokyo / Bloomberg Line Corp. is aiming to raise as much as Â¥113 billion ($1 billion) in an initial public offering (IPO) in July, putting it on track to deliver the biggest market debut for a technology company this year. The sale of new and existing shares, in the US and Japan, values Japan’s most popular mobile-messaging service at ...

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Sun-powered Solar Impulse 2 plane flies over Statue of Liberty

  New York / AFP The Solar Impulse 2 aircraft flew by the Statue of Liberty early on Saturday, ending the US portion of its bid to circle the globe using only solar power. “It’s absolutely incredible,” Swiss pilot Andre Borschberg said over a live video feed as the iconic statue lit up the night below him. “It’s a dream here.” ...

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