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Premarket London: Vodafone Signs up AWS in 5G; Rio Hit by Violence

Published 12/04/2019, 03:15 PM
Updated 12/04/2019, 03:26 PM
© Reuters.
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Investing.com -- Here is a summary of the most important regulatory news releases from the London Stock Exchange on Wednesday, 4th December. Please refresh for updates.

  • Telecoms giant Vodafone (LON:VOD) said it has signed an agreement with Amazon (NASDAQ:AMZN) Web Services to provide AWS Wavelength in Europe on its 5G networks.

  • AWS Wavelength embeds AWS compute and storage services at the edge of telecommunications providers' 5G networks, enabling developers to serve end users with single-digit millisecond latencies over the 5G network, Vodafone (LON:VOD) said.

  • "Faster speeds and lower latencies have the potential to revolutionize how our customers do business,” said Vodafone (LON:VOD) business head Vinod Kumar.

    • Rising violence towards its employees has forced Rio Tinto (LON:RIO) to curtail operations at Richards Bay Minerals in South Africa, forcing it to cut lower its forecast for titanium dioxide slag production this year.

    It has halted all mining operations and is operating the smelters at a reduced level, “with a minimum number of employees now on site.” Construction of the Zulti South project has also been temporarily paused.

    Rio said it now expects TiO2 slag production to be at the bottom end of the 1.2-1.4 million ton guidance range for this year.

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