iTWire

Telecommunications service providers are pursuing multiple paths to gain revenue in the Internet of Things market, but a newly published report warns that 70% of the providers have no well-defined strategy for their entry into the market.

The Australian Government is treading water when it comes to commenting on how it will act in the case of China's second biggest maker of telecommunications equipment, ZTE, after the US imposed a seven-year export ban on the firm and the UK warned against use of ZTE equipment in its telecommunications infrastructure.

Australia's second biggest telco Optus is unwilling to comment on what it characterises as "rumour and speculation" that it will be moving all customers of its Virgin Mobile subsidiary to its own platform and retiring the brand.