US telecommunications operator Verizon has announced that it plans to rollout 5G fixed wireless services in five major cities across the country in 2018. The development would represent the first application of 5G wireless in the United States.

A US ride-services firm has bolstered its attempts to compete for market share with its fierce and larger rival Uber Technologies Inc. by raising $600m in fresh funding. Lyft which was launched in 2012 - has continued to invest in its growth in order to expand its services. This year, the company has extended its services to 100 new cities.

UK telecommunications colossus Vodafone is launching a consumer IoT product which will allow its customers to connect millions of home and leisure electronic products to the company's dedicated global IoT network, which is subsequently the largest in the world.

Chinese multinational telecommunications vendor ZTE which is a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet has partnered with market research firm IDC to jointly issue an "Expediting AI for Operations in the Networks of Future" white paper.