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PayPal accuses Paytm of trademark infringement 

PayPal has filed a trademark infringement complaint with the Indian Trademark office against Indian mobile wallet company Paytm, on using similar colours in its logo. PayPal claims Paytm had no reason to use similar colours in its logo if it did not want to take advantage of PayPal’s global reputation and use it to grow its user base. “(Paytm) slavishly adopted the two-tone blue colour scheme of PayPal in its entirety. While the first syllable in each mark is in dark blue colour, the second syllable adopts a light blue colour. Both marks begin with the term ‘PAY’ which consumers tend to remember more than the second syllable, with the marks being of similar length”, PayPal said.
***Taiwanese operator Far EasTone Telecommunications (FET) has completed the first 5G tests with Ericsson. Indoor and outdoor tests were carried out in the 15GHz frequency bands, DigiTimes reports. Ericsson provided prototype 5G equipment, FET said. The tests verified network coverage, mobility, and peak traffic achievable using the 15GHz spectrum. The prototype 5G equipment achieved a download speed of over 5 Gbps, FET added.

***Chilean mobile operator WOM (formerly Nextel Chile) has reached the two million subscriber milestone, less than 18 months after its post-takeover re-launch.The operator passed the one million customer mark in the second quarter of 2016. UK-based investment fund Novator acquired Nextel Chile in January 2015 and rebranded the company as WOM in June that year, quickly tapping into an ‘edgy’ youth audience with its lewd advertising strategy.

***Bangladeshi mobile operator Banglalink has enlisted China’s ZTE to upgrade its 3G network in Khulna.. An initial USD16 million contract sees ZTE join fellow Chinese vendor Huawei in the development of Banglalink’ infrastructure: the VimpelCom-backed operator has thus far used Huawei as its chief rollout partner in its W-CDMA/HSPA+ network expansion since launch in 2013. Under the latest agreement, 15 districts of Khulna as well as Rajbari, Faridpur, Madaripur and Shariatpur will receive upgrades which lay the groundwork for the eventual rollout of 4G services. The work being carried out by ZTE will involve upgrading 1,400 base stations. Earlier, Banglalink upgraded its network to ‘4G-ready’ in other selected parts of the country in partnership with Huawei.



***Global Switch, the London-based data centre company, has sold 49% of its business to a consortium of Chinese investors, called Elegant Jubilee, for £2.4bn. Global Switch owns and operates carrier and cloud, neutral data centres across Europe and Asia-Pacific. The company claims that the money raised by the deal will be used to expand its operations, in particular by accessing the fast-growing telecommunications and internet provider customers to support their growth outside of China.