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Tag: network

  • China is reportedly behind huge hack of global cell networks

    China is reportedly behind huge hack of global cell networks

    Security research firm Cybereason reports that over the last seven years, hackers have been able to break into more than 10 cellular networks worldwide to gather information on calls made by at least 20 targeted individuals. The data obtained from this operation included the dates that calls were made, the times they were connected, the locations of the callers and more. The attack, dubbed Operation Soft Cell, has been active since 2012 and was spotted by Cybereason earlier this year.
    While the goal of the hackers was to obtain call detail records (CDR), other information obtained from this operation included usernames and passwords. According to the report, “the attackers worked in waves-abandoning one thread of attack when it was detected and stopped, only to return months later with new tools and techniques.” Cybereason says that it is very certain that this operation is a state-sponsored attack and is affiliated with China. The methods and tools used lead the security researcher to name APT10 as the so-called threat actor. This group reportedly works with Chinese Ministry of State Security (MSS).
    So why would the MSS go to all the trouble of hacking into 10 global cell networks? As Cybereason points out, when a nation runs an operation like this, it is not about the money. It is often done to steal intellectual property or obtain information about some of the carriers’ subscribers. The data that was stolen allowed the hackers to get call records that provided the destination, and duration of a call, information on the device used to make the call, the version number of the phone and its vendor, and the physical location where the call was made. With that data, the MSS (assuming that they were behind this) was able to learn who the individuals they were targeting had been talking to, the devices they were using to make such calls and where these people were traveling to. The security research company says that this is the type of information used to gather dirt on politicians and to track law enforcement.
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  • Tse Sui Luen store network expands Again

    Tse Sui Luen store network expands Again

    Hong Kong-headquartered jeweller Tse Sui Luen has reported a 9.6 per cent increase in profit for the full year, despite a marginal 1.7 per cent drop in group turnover.

    Profit attributable to shareholders was HK$54.2 million (US$6.9 million) on sales of $4.065 billion ($521 million).

    The Tse Sui Luen store network grew by 56 during the year, to reach 473.

    Chairman Annie Yau said sales rose in the first half of the year, reflecting the continuing upturn of Hong Kong’s retail sector. “However, conversely, towards the end of the year, the group started to feel the trickle-down effects of the trade dispute between the US and China which has adversely affected the market sentiment and consumer confidence and resulted in the depreciation in the Renminbi – all leading to a slowdown in the global economy and in local retail sales performance.”

    She said the fluctuation of the Renminbi value inevitably brought adverse impact on the second half. “The group is responding to these challenges with unique signature products and reinforcement of our market positioning as ‘Wedding Expert’, all aimed to offset the negative effects…”

    During the year, the group has demonstrated its vision to optimise its retail network across Asia and broaden its international presence through new store openings in Hong Kong, Mainland China and Malaysia. Going forward, we will continue to seize the opportunities for developing existing and new business channels and expanding our retail network in all the regions where we operate, while being cautious and keeping a close watch on any and all changes as and when they occur in the market,” she says.

    Same-store sales growth in Hong Kong and Macau was 2.8 per cent, and as a result of gold product promotions and an expanded product assortment, the average amount per invoice rose by 5.6 per cent.

    Tse Sui Luen took advantage of a general downward trend in store rental rates to improve rental cost effectiveness. It expanded the size of its stores at Times Square in Causeway Bay and Plaza Hollywood in Diamond Hill and opened a new store in MCP Central (Phase II) in Tseung Kwan O.

    Self-operated Tse Sui Luen store growth continued to be a key driver of the group’s Mainland China business, accounting for 36.6 per cent of its turnover during the year. Twelve new self-operated stores and 43 new franchised stores were opened on the mainland, expanding the network from 380 to 435.

    “We will keep on expanding our retail network in Mainland China with the intention of opening an additional 100 new stores over the coming two years,” said Yau.

    In Malaysia, turnover was stable the jeweller opened one new store, at Genting, taking its network there to five.

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  • Tesco Thailand Planning to Open 750 new Stores

    Tesco Thailand Planning to Open 750 new Stores

    Tesco Thailand is evaluating opening as many as 750 more convenience stores, which would expand its overall network by about 50 per cent.

    No timeline was revealed for the move, which is one of several strategic growth options being considered by the British-headquartered grocery retailer. Another is the development of a premium supermarket offer in the UK.

    Tesco currently operates 1583 stores in Thailand, a mixture of large-format hypermarkets and a growing network of small compact stores for local communities.

    In light of the company’s success in Thailand and neighbouring Malaysia, the company is reportedly considering options for expansion in other Asian markets including South Korea and China. A move into South Korea would be surprising given the company sold its Homeplus-bannered hypermarket operations there in 2015.

    Developing a stronger convenience-store network in Thailand – and potentially Malaysia – would make a lot of sense given consumers across the region are losing interest in hypermarkets as a format in favour of more frequent visits to smaller shops, as well as buying goods online.

    Tesco has told its investors that Thais are migrating from traditional markets to hypermarkets, supermarkets and convenience stores as the country develops.

    The potential store expansion was outlined at a Capital Markets Day presentation to analysts and investors on the company’s future direction.

  • Versace to expand Asian store network

    Versace to expand Asian store network

    More stores, broader range, fewer brands as fashion icon tries to double sales. Versace will open its largest store yet in China this week, part of a concerted plan by the fashion label’s new owners to expand its footprint globally.

    Capri Holdings, which also owns Michael Kors and Jimmy Choo, bought Versace from Donatella Versace late last year for US$2.2 billion. It is now implementing a plan to double the label’s worldwide sales with at least 112 new stores scheduled by 2022 along with a refurbishment program for the existing network. The new Beijing store – details of which are scant at present – is a key step in that plan.

    Worldwide, Versace has 188 stores currently and wants to reach 300 within three years. Asia will be a big benefactor from the plan, already accounting for more than half the network. China alone has 40.

    Along with new openings and revamps of existing stores, Versace will boost its product offer, adding more handbags, footwear and leather goods to its high-end clothing range. Accessories currently account for just 35 per cent of Versace’s sales and the company wants to lift that to 60 per cent.

    “It’s very clear: The productivity in our stores is not what it should be,” CEO Jonathan Akeroyd told an investors briefing this week. He plans to double the sales per square foot across the network.

    “We need to rapidly increase productivity and this will really be the real driver to take us to our US$2 billion revenue target.”

    Versace’s marketing strategy will be revised, with less focus on fashion shows in favour of a stronger social media presence.

    The company has quietly dropped its diffusion brands Versace Collection and Versace Versus and new stores will all bear the core Versace brand name alone.

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  • Lulu Group’s Tablez plans 150 More Stores

    Lulu Group’s Tablez plans 150 More Stores

    Abu Dhabi-headquartered Lulu Group’s retail arm Tablez is moving to invest US$75 million into the Indian market with the aim of opening more than 150 stores in the territory by the end of next year.

    The move, if successful, is expected by management to nearly quadruple its market share in India.

    “We plan to exit this year with nearly 100 stores, and we would be scaling up with fresh investments in 2020 to arrive at a portfolio of 150+ stores in India,” said Tablez MD Adeeb Ahamed.

    “We will be adding five more brands – Corir, Desigual, GoSport, YOYOSO and OshKosh, taking the total number of our retail brands across various categories to 13 brands in India by the end of 2019,” he said.

    Tablez has more than 40 stores within India operating in several industry sectors from F&B to fashion.

    “To fuel further growth, we would be deploying about $75 million in capital over the next two years to scale our retail stores, enhance our people building capacity and create backend infrastructure and marketing,” he said.

    Tabelz currently markets a range of international and homegrown brands in the territory.

  • Homestay startup raises $4.5 million

    Homestay startup raises $4.5 million

    Luxstay has raised $4.5 million from South Korean retailer GS Shop and venture capitalist Bon Angels in its bridge round. A Luxstay representative said Wednesday that receiving funding from reputable international investors in this round is an important stepping stone for the enterprise to expand to other areas in the future.

    GS Shop is a South Korean multimedia retailer as well as a global leader in TV home shopping. It also established a retail chain called GS25 in Vietnam in 2018.

    Bon Angels Venture Partners is a South Korean venture capital firm investing in early-stage startups. It has invested in well known South Korean startups like Woowa Brothers, Daily Hotels, and My Real Trip.

    Luxstay has targeted an annual turnover of over $300 million and 30 percent of Vietnam’s home-rental market share by 2023, the representative said.

    It is also working with financial investors and strategic partners for the next funding round, a Series A round, which is expected to close in 2019, aiming to raise $15-20 million.

    Prior to this investment, Luxstay had raised a total of around $6 million from CyberAgent Ventures (Japan), Genesia Ventures (Japan), ESP Capital (Vietnam), Founders Capital (Vietnam) and Nextrans (South Korea).

    Launched in late 2016, Luxstay has a network of nearly 10,000 properties across the country. This is a short-term rental booking platform for apartments, villas and other homestay accommodations positioned in the mid and high-end segments of Vietnam’s real estate market.

    It also offers property management and maintenance solutions to assist and save time for homeowners who want to participate in the home-sharing market through its system.

    “In developed countries, home-sharing accounts for 10-20 percent of the home-rental market. This shows a huge opportunity for this industry in Vietnam, which is expected to reach $2-4 billion in 2025,” Luxstay said.

  • 5G will hit the IoT market in late 2020

    5G will hit the IoT market in late 2020

    5G will make its first appearance in the IoT market in late 2020 and struggle for years before it can become a mainstream technology, says a new report from Berg Insight.

    According to the IoT analyst firm, the first 5G cellular IoT modules will become available for developers this year.

    While this allows early adopters to create the first IoT devices based on the 5G standard, the report also states that it will take some times for 5G to become popular in the context of IoT.

    The technology will account for just 3% of the total installed base of cellular IoT devices by 2023, predicts Berg Insight.

    “5G still has some way to go before it can become a mainstream technology for cellular IoT”, said Tobias Ryberg, principal analyst and author of the report.

    Just like 4G when it was first introduced, the initial version of 5G is mostly about improving network performance and data capacity, he added.

    “This is only relevant for a smaller subset of high-bandwidth cellular IoT applications like connected cars, security cameras and industrial routers. The real commercial breakthrough will not happen until the massive machine type communication (mMTC) use case has been implemented in the standard,” explained Ryberg.

    The report also identifies homeland security as an area where 5G cellular IoT can have a major impact already in the early 2020s.

    “5G enables the deployment of high-density networks of AI-supported security cameras to monitor anything form security-classified facilities to national borders or entire cities”, said Ryberg.

    “How this technology is used and by whom is likely to become one of the most controversial issues in the next decade.”

    In a separate report, Berg Insight predicts the global number of cellular IoT subscribers will reach to 9 billion in 2023 from 1.2 billion in 2018, largely driven by the “momentum scale” of deployment in China.

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  • BoConcept Asia continues Expansion

    BoConcept Asia continues Expansion

    Furniture and homewares retailer BoConcept has opened new stores in three Asian countries in recent months as it continues to expand its footprint in the region.

    The new stores are in Kyoto, Japan, Zhengzhou, China; and Ho Chi Minh City, Vietnam.

    BoConcept already has about 300 stores in more than 65 countries and is seeking to more than double its network within the next few years.

    The Kyoto store, which opened in March, is the brand’s 16th store in Japan and its 71st in Asia.

    The Zhengzhou store, in Henan Province, marks its 24th in China and the Vietnamese stores it’s sixth in the market. Both opened last month.

    The store is located in the suburb of Thao Dien, a popular area for expats.

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  • SES Networks restores connectivity to PNG

    SES Networks restores connectivity to PNG

    SES Networks announced it worked with PNG DataCo to restore mobile and broadband services in Papua New Guinea following an outage caused by a major 7.2 magnitude earthquake.

    The earthquake near the town of Bulolo caused damage to critical terrestrial and subsea transmission nodes between Port Moresby and Madang.

    SES Networks’ contingency teams worked with DataCo to deliver an extra 1.5Gbps of bandwidth to ease network congestion on the operator’s damaged link. This additional bandwidth was made available within hours of receiving a request.

    “Together with DataCo, we are glad that connectivity has been restored swiftly to enable communications and critical disaster recovery services in the immediate aftermath of the earthquake,” SES Networks VP of global fixed data sales Imran Malik Khan said.

    “We recognize the importance of communications services in the event of natural disasters to facilitate quicker information transfer between families and communities, as well as to coordinate recovery and search-and-rescue operations. Our thoughts are with the affected communities, and we offer our well wishes.”

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  • Consumers willing to pay a premium for 5G

    Consumers willing to pay a premium for 5G

    Despite concerns surrounding the commercial proposition of 5G technology, smartphone users are willing to pay an average of a 20% premium for 5G services, according to Ericsson.

    The company’s latest ConsumerLab report on the 5G consumer potential finds that half of the early adopters would be willing to pay as much as 32% more for 5G.

    But consumers’ willingness to pay a premium for 5G is reliant on operators introducing new use cases and payment models and providing a consistently high uplink and downlink speed, the report finds.

    Meanwhile, 5G is expected to drive usage behaviors that also promise to increase revenues. The study finds that 5G is expected to significantly increase video consumption, both by enabling streaming in higher resolutions and through the increased use of augmented reality, virtual reality, and other new formats.

    Ericsson predicts that one in five smartphone users’ data usage could reach more than 200GB per month over 5G devices by 2025.

    Consumers also expect that 5G will bring additional benefits such as reducing network congestion in dense urban areas and introducing more home broadband choices.

    Based on the research, Ericsson ConsumerLab has drawn up a consumer roadmap of 5G use cases involving 31 different applications and services.

    These applications are divided into six categories – entertainment and media; enhanced mobile broadband; gaming and AR/VR applications; smart home and fixed wireless access; automotive and transportation; and shopping and immersive communications.

    “Trough our research, we have busted four myths about consumers’ views on 5G and answered questions such as whether 5G features will require new types of devices, or whether smartphones will be the silver bullet for 5G,” Ericsson Research head of ConsumerLab Jasmeet Singh Sethi said.

    “Consumers clearly state that they think smartphones are unlikely to be the sole solution for 5G.”

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  • Caltex profit falls amid rising competition

    Caltex profit falls amid rising competition

    Increased competition and the rising price of crude oil had a negative impact on convenience and petrol station owner Caltex’s first quarter earnings.

    The retailer announced that earnings from both its fuels and infrastructure business and its convenience business were down in Q1 on the same period in 2018, which contributed to a net profit of $94 million, a 42.7 per cent drop on the $164 million in net profit it saw last year.

    Fuel earnings before interest and tax (EBIT) fell to $109 million, down from $156 million last year, while convenience retailing fell by over 50 per cent to $40 million, compared to an EBIT of $90 million in the three months to March 31, 2018.

    “Our result shows the impact of both lower refiner margins and a challenging retail environment this quarter,” said Caltex chief executive and managing director Julian Segal.

    “Our businesses’ strengths, including a strong balance sheet and our extensive network, as well as our steady focus on the execution of our strategy provide the foundation for delivery of our strategy in 2019.”

    Caltex said it will move ahead with the transition of franchise sites into company-owned operations, with over 70 per cent of the retail network now owned internally. The retailer also noted that agreements are in place for it to operate 99 per cent of sites by 2020, allowing the business to “better standardise and optimise the site’s performance.”

    Segal laid out the retailer’s growth plans for the remainder of 2019 for shareholders at its annual general meeting on Thursday, May 9, stating a focus on execution and discipline would assist both facets of its business deliver a stronger result in a challenging retail environment.

    “Fuels and infrastructure will continue to grow its earnings through its international business, [and] we will continue to run Australia’s largest transport fuel network safely and reliably,” Segal said.

    “Convenience retail is refocusing on our core fuel offer and will improve the in-store experience across our network to ensure we attract and retain more customers in a competitive fuels market.”

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  • Vodafone Idea taps Ericsson for cloud packet core

    Vodafone Idea taps Ericsson for cloud packet core

    India’s Vodafone Idea has contracted Ericsson to deploy a cloud packet core to enhance its existing core network.

    The deployment forms part of the operator’s ongoing network modernization program. It is aimed at enabling speedier introduction of new services and providing full-service continuity over the operator’s network.

    Under the agreement, Vodafone Idea will deploy Ericsson core network applications and network functions including the Ericsson virtual Evolved Packet Gateway (vEPG), Service Aware Policy Controller (vSAPC) and Virtualization Infrastructure (NFVi) solutions.

    The NFVi solution is designed to enable operators to deploy virtual telecom, OSS, BSS, IT and media applications at a low total cost of ownership.

    “Data consumption in India is growing rapidly and users are looking for new, richer experiences every day,” Vodafone Idea CTO Vishant Vara said.

    “At Vodafone Idea, we endeavor to stay ahead of the curve by investing in technologies and solutions to address the evolving demands of millions of our customers in India. We are confident that Ericsson’s vEPC solution will enable us to meet our strategic goals.”

    Ericsson head of digital services for SEA, Oceania and India Alvise Carlton added that the project is one of the vendor’s largest virtual evolved packet core deployments globally to date.

    “This will not only provide VIL the scale and reach to address the growing data traffic levels in India, but the advanced cloud infrastructure will also enable VIL to tap new revenue streams in SMEs and IoT.”

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  • Vodafone’s reveal keeps the pressure on Huawei

    Vodafone’s reveal keeps the pressure on Huawei

    In this week’s news is yet another story about Huawei and security as European telecommunications operator and regulators continue to scrutinize the gear in advance of 5G deployments. This one is historical though. Apparently Vodafone found security flaws in Huawei gear its Italian unit bought back in 2011 and 2012.

    In the technical sense, this is hardly a surprise. Vulnerabilities and patches are an ongoing part of pretty much all software development, and in this case the problem came with the telnet protocol. There was a day when telnet was a thing for everyone, but these days it’s more a diagnostic thing. According to Vodafone, the flaw would not have been accessible via the internet and was quickly patched. All vendors have processes to handle exactly this sort of thing, and all have done so many times. So the fact that it happened eight years ago in this case is news today only because it was Huawei.

    But the pressure to block Huawei from 5G deployments continues unabated. The contention is that because China requires all its companies to help its national security apparatus and Huawei (like every major Chinese company) has deep ties to that apparatus. On the one hand, it’s easy to envision spies doing this sort of thing. On the other hand, it’s very hard to imagine such deliberate vulnerabilities remaining undetected for long in a suspicious world.

    The most recent development came a few days ago when KPN decided Huawei gear was fine for radios and antennas, but not when it comes to the gear in its core 5G network. They’ve got a deal in place, but with an exit clause in case regulators or lawmakers act to ban Huawei entirely. That seems to have emerged as the consensus response of European telcos to all this pressure, a way to keep Huawei in the mix while still mollifying critics and covering themselves legally.

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  • Telenor Myanmar expanding reach of LTE network

    Telenor Myanmar expanding reach of LTE network

    Telenor Myanmar has announced it has nearly reached 100% of the nation’s townships with its LTE network, having rolled out over 6,100 LTE sites nationwide.

    The company’s LTE network now covers 307 townships, with the company having expanded to seven more townships during the first quarter.

    “Since the first quarter, the company has deployed 856 additional sites and aims to increase this to more than 1,100 by the end of the month,” according to Telenor Myanmar CTO Jai Prakash.

    “As per our commitment to bring the best possible things for Myanmar citizens, we have achieved our ambitious goal of establishing a network with 6100+ LTE sites in 2019,” he said.

    “We will keep upgrading our network for our customers with our best data network and also educating the population on how to use our service effectively and efficiently.”

    Meanwhile the operator has been working with Ericsson to prepare its network for 5G, having conducted a joint trial last year achieving 1Gbps downlink rates over its LTE network.

    In late November, the companies also commenced a pilot study involving the provision of IoT connectivity in Mandalay City.

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  • Verizon expands 5G to 20 more cities

    Verizon expands 5G to 20 more cities

    Following the launch of 5G services in Chicago and Minneapolis, US operator Verizon announced 20 new cities where it will turn on its 5G Ultra Wideband network this year. Verizon previously said it will launch 5G services in parts of at least 30 cities in 2019.

    The new cities include Atlanta, Georgia; Boston, Massachusetts; Charlotte, North Carolina; Cincinnati, Cleveland, and Columbus, Ohio; Dallas and Houston, Texas; Des Moines, Iowa; Denver, Colorado; Detroit, Michigan; Indianapolis, Indiana; Kansas City, Missouri; Little Rock, Arkansas; Memphis, Tennessee; Phoenix, Arizona; Providence, Rhode Island; San Diego, California; Salt Lake City, Utah; and Washington, DC.

    Verizon also said it will roll out its fixed wireless 5G Home broadband service to some of those markets, but didn’t specify which ones would see the service. The 5G Home service delivers 300 Mbps to subscribers for $50 per month for customers with Verizon wireless service or $70 per month for those without.

    Verizon said it’s now taking pre-orders for the Samsung Galaxy S10 5G, the first 5G-capable phone to launch in the US. Verizon has a limited period of exclusivity for the phone before carriers T-Mobile and AT&T can begin offering the device.

    “The Galaxy S10 5G on Verizon’s 5G Ultra Wideband network will give our customers access to incredible speeds and the latest and greatest streaming, augmented-reality, gaming, and consumer and business applications that bring us into a future powered by 5G,” said Brian Higgins, Verizon’s vice president, device and consumer product, in a statement.

    Verizon is offering new and existing customers the opportunity to trade in an eligible smartphone and save up to $450 off the S10 5G, which retails for $1,300. Verizon is offering the 256GB version of the device for $54.26 per month for 24 months with its device payment plan; while the 512GB version is available for $58.33 per month for 24 months.

    Access to Verizon’s 5G network is available only to customers who have an “Above” and “Beyond Unlimited” plans and a 5G phone. Both plans include unlimited 5G Ultra Wideband data, hotspot and 4K HD video streaming in areas where the 5G network is available. During the company’s first 5G network launches in Chicago and Minneapolis, Verizon was charging customers an extra $10 per month, but the carrier will waive that fee for a limited as a promotion.