Spain to double 5G licenses to 40 years at future auctions
Spain, will double the duration of radio frequency licences, including for 5G networks. The change in legislation will allow telecommunications companies and investors better visibility on their investment in the heavily indebted sector. This requires high levels of spending to build infrastructure such as fibre optic networks. Following approval by a council of ministers, the […]
Netflix joins virtual You Tuber boom
Netflix has joined Japan’s booming virtual Youtuber – or VTuber. This is majorly due to the launch of an animated character to promote its growing anime streaming offering. VTubers has the characters animated by motion capture that have built a loyal audience on YouTube in Japan by singing, dancing and interacting with fans. And in […]
Record jump for UK mortgage lending after tax break extended
After finance minister Rishi Sunak extended a tax cut for property purchases, British mortgage lending showed the biggest net increase on record. The Bank of England data stated that the Mortgage borrowing rose by a net 11.8 billion pounds ($16.4 billion). This is the biggest increase since the series began in April 1993. British lenders […]
UK factory activity expands at fastest rate since 1994 –PMI
Amid supply chain delays and shortages of raw materials, British manufacturing activity grew at the fastest pace in almost 27 years. The IHS Markit/CIPS Purchasing Managers’ Index (PMI) for manufacturing activity rose to 60.9 in April from 58.9 in March, beating its highest index since July 1994. Two-thirds of businesses expect production to be higher […]