May 2012
38 posts
7 tags
Huawei denies getting illegal Chinese subsidies
Huawei Technologies denied that it benefited from illegal Chinese government subsidies after a media report said the European Union planned to take action against Chinese telecom equipment makers in an anti-dumping case. The Financial Times quoted unidentified EU officials and executives as saying that the commission had been gathering evidence in a case against China-based Huawei and ZTE...
May 30th
1 note
3 tags
AT&T: Telecom consolidation 'logical,' inevitable
by Larry Dignan for CNET News The wireless industry is likely to shrink down to two or three players, roughly half the roster across the U.S. today, according to an AT&T executive. John Stephens, CFO of AT&T, spoke at a Nomura investment conference on Wednesday. Stephens was asked about consolidation in light of AT&T’s failure to acquire T-Mobile. Regulators panned...
May 30th
6 tags
Oger Telecom gives SA unit $180 M to boost network
from REUTERS Oger Telecom, 35-percent owned by Saudi Telecom, will inject $180 million into its South African subsidiary Cell C to improve the coverage and quality of the unit’s network, the Dubai-based firm said. Cell C has about 13 percent of the mobile market in Africa’s top economy, but is a distant third to MTN and Vodacom and earlier this year its newly appointed chief...
May 29th
7 tags
Telecom stocks up on TRAI review of 2G auction...
from The Economic Times Shares of telecom service providers gained momentum as sentiment turned bullish after the Telecom Commission asked the Telecom Regulatory Authority of India (TRAI) to carry out an analysis of the 2G spectrum base auction price, its impact on consumer tariffs, the health of telecom companies, and government revenues.  This will be the third such analysis by the regulator...
May 29th
8 tags
Qatar Telecom $1.87 B rights issue covered
from REUTERS  Qatar Telecom has raised 6.8 billion riyals ($1.87 billion) from a fully subscribed rights issue, the firm said in a statement on Tuesday. The capital will be used for general corporate purposes and to refinance existing debt, according to a regulatory filing to the London Stock Exchange where Qtel has bonds listed. Continue reading
May 28th
4 tags
Telecom You: Social Networking for the Telecom... →
Telecom You is the latest social networking site that targets the Telecom Industry. Unlike forums and discussion boards, Telecom You presents new avenues of communicating with other professionals in the industry. The site allows users to build professional networks by sharing original content, like news articles, industry reports, photos, video coverage, blog posts, as well as links to relevant...
May 28th
7 tags
Let the NBN roll out
by Kaye McColl LIKE it or not, believe in its benefit or not, the fact is the National Broadband Network (NBN) is being rolled out across the country and will eventually make its way to Glen Innes doorsteps. It has been pointed out that in all possibility, rural properties and villages in the district will be equipped with this new technology before residences and business in Glen Innes. ...
May 27th
5 tags
France Telecom acquires 94 percent of Egypt's...
by Tom Pfeiffer and Shaimaa Fayed; Editing by David Hulmes France Telecom (FTE.PA) acquired 94 percent of Egyptian mobile phone company Mobinil (EMOB.CA) in a tender offer, Egypt’s stock exchange said on Sunday, giving the French group control of a top sector player in a volatile but lucrative emerging market. Mobinil, founded by Egyptian businessman Naguib Sawiris, vies with Vodafone...
May 27th
8 tags
Telecom Italia launches Cubovision SVOD service
Telecom Italia has launched a broadband-delivered subscription video-on-demand service under the Cubovision brand. The service officially launched yesterday and the Italian telco has inked content deals with providers including CBS Studios, which will make a range of programming available via a branded on-demand channel on the service. Continue reading
May 25th
6 tags
African telecom investment opportunities attract...
Africa’s telecom sector has become one of the most sought after investment opportunities globally, and leading industry and finance executives are meeting in London on June 7 to assess surge in opportunities. Unlike in many other regions, Africa’s telecom sector still offers huge growth potential, but new challenges must be met to attract sufficient investment. Telecom CEOs, CFOs and CSOs,...
May 24th
5 tags
Telecom industry warns of mobile tariff hike
A day ahead of a crucial Telecom Commission meeting on the auction of 2G spectrum, service operators on Wednesday warned the government and customers, saying the the high reserve price for spectrum, recommended by the telecom regulator, will lead to steep tariff hikes. The Association of Unified Telecom Service Providers of India (Auspi), the CDMA operators’ body, said mobile services could...
May 23rd
7 tags
Mobile internet growth has just tapped the surface
A prospectus lodged in the US is a very dry affair these days but Facebook’s paperwork for the float did highlight some great data points relating to what is going on online. Facebook says the internet still represents only a modest portion of total advertising spending, even though its audience reach is greater than television, and the ability to harness the internet for targeted or...
May 22nd
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5 tags
Comtech Telecommunications Corp: VSAT Solutions...
Comtech Telecommunications Corp. has announced that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., was awarded $3.5 million in Advanced VSAT Solution orders from Harris CapRock Communications, a premier global provider of managed solutions for remote and harsh environments and a business division of Harris Corporation. Harris CapRock will deploy the Advanced VSAT Solutions...
May 22nd
7 tags
AIA, China Telecom, Orix, Tepco: Asian Stocks...
The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise. Read more
May 21st
6 tags
Telecom Italia looks at selling major stake
Milan: Telecom Italia will discuss the future of its broadcasting business later this week, the company said, as speculation mounts it could spin off or sell assets in the loss-making unit. In a statement, Telecom Italia said a board meeting will look at strategic options for its majority stake in Telecom Italia Media. Continue reading
May 21st
8 tags
For Airtel, Africa operations are in stark...
Analysts are singing a different tune now and the almost universal change in tenor of analysis surrounding Bharti Airtel Ltd’s ambitious African safari reflects the company’s work in Africa for the past 23 months almost as much as it does the fading fundamentals of the telecom business in the company’s home market. Continue reading
May 20th
6 tags
South Africa to adopt Aussie iCode this year
South Africa has become the second country to deploy the iCode framework, established by the Australian telecommunications industry 18 months ago to combat remove botnet infections. Telcos that volunteered to subscribe to the iCode framework would monitor for malicious traffic and contact users to assist them to remove infections. Users have had internet connections restricted for repeat...
May 20th
5 tags
T-Mobile USA cuts 900 more jobs
Deutsche Telecom’s US mobile operation, T-Mobile USA, is to cut a further 900 jobs, following the unit’s failed $39bn purchase by AT&T late last year. The latest cuts come on top of around 1,900 job losses announced earlier this year. Last week T-Mobile USA said it has seen revenue and profit deteriorate over the past year, and is now stepping up its efforts in the market, bolstered by the...
May 17th
7 tags
MTN injects $276 million into Ghana network
The Ghanaian subsidiary of South African mobile telecom group MTN has raised a syndicated loan worth $276 million at current exchange rates to finance network expansion, its director said on Wednesday. MTN Ghana managing director Michael Ikpoki told Reuters that some 16 local banks, led by Stanbic Bank Ghana would provide 410 million cedis, in addition to $60 million from four foreign banks. ...
May 17th
4 notes
6 tags
Infonetics: Optical network spending slips 23% in...
Infonetics Research reports in its newly released Optical Network Hardware vendor market share tally that the first quarter of this year saw a drop in optical network systems revenues of 23% worldwide to $2.8 billion. The market shrinkage was particularly acute in Europe, which suffered its worst optical communications capex quarter in five years, the market research firm asserts. Continue...
May 16th
6 tags
NBN facts and fallout from the Budget
The Budget created the usual amount of debate amongst politicians and the media. But how did the National Broadband Network fare? At first, the NBN drew little debate beyond the usual Coalition attacks in Tony Abbott’s budget reply speech and Malcolm Turnbull’s inevitable criticism of the government’s spending. But, in the week since, Turnbull has followed his initial response...
May 16th
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6 tags
CSO, Telecom Italia: “LTE can be the foundation...
Telecom Italia has already started a multi-frequency LTE deployment leveraging the spectrum resources acquired in the recent auction. 10Mhz in the 800MHz spectrum will be key to ensure good indoor performance and coverage of suburban and rural areas. This spectrum will be available from January 2013. 15Mhz at 2.6 GHz will provide peak throughput in the highly concentrated areas and will...
May 15th
5 tags
Telcos and banks give Australian share market a...
AUSTRALIAN shares closed slightly higher today, driven by gains in the telecommunications and financial sectors. At the close, the benchmark S&P/ASX200 index was up 11.9 points, or 0.28 per cent, at 4,297, while the broader All Ordinaries index was up 9.2 points, or 0.21 per cent, at 4,351.9. On the ASX 24, the June share price index futures contract was up 23 points at 4,308, with 25,064...
May 15th
9 tags
NBN service plans won't cost consumers more:...
Senator Stephen Conroy has slammed Opposition leader Tony Abbott’s comments that National Broadband Network (NBN) services could cost consumers more than current ADSL plans, saying Abbott was “plain wrong” “and that he should “check his facts.” The minister for broadband, communications and the digital economy said in a statement that Abbott had misled the public in his speech to Parliament by...
May 14th
1 note
8 tags
BrightPoint Australia Announces Logistic Services...
INDIANAPOLIS, May 14, 2012 (GlobeNewswire via COMTEX) — Brightpoint, Inc. (“BrightPoint”, a global leader in providing device lifecycle services to the wireless industry, today announced that its subsidiary, Brightpoint Australia Pty Ltd (“BrightPoint Australia”), has entered into an agreement with Macquarie Telecom Pty Limited (“Macquarie Telecom”) to...
May 14th
6 tags
Telecom trials 4G mobile tech ahead of spectrum...
Telecom, which shed a heavy regulatory burden when it carved out its network unit Chorus last year, will trial new mobile technology to cash in on the government’s plan to sell high-frequency spectrum when it switches off the analogue television network. The phone company will conduct live customer trials of long-term evolution (LTE) mobile technology as it shifts its network to 4G...
May 13th
7 tags
Nigeria fines Airtel, 3 others $ 7.3 mn for poor...
Nigeria’s telecom regulatory authority has fined Bharti Airtel and three other phone companies a total of USD 7.3 million for providing poor services to customers.  Nigeria Communications Commission spokesman Reuben Muoka said the call quality of the four companies were poor and they also delivered poor services leading to imposition of the USD 7.3 million fine on them.  Continue reading
May 13th
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6 tags
Manitoba Telecom first-quarter net earnings up...
WINNIPEG - Manitoba Telecom Services Inc. reported a sharp jump in first-quarter profits on Thursday and praised recent moves by Ottawa to level the playing field for Canada’s smaller wireless players. The Winnipeg-based telecommunications (TSX:MBT) company posted net earnings of $53.1 million, or 80 cents per share, up from $43.4 million, or 67 cents, in the same 2011 period. Revenue...
May 11th
7 tags
Batelco begins mobile broadband upgrade work
Batelco, Bahrain’s leading telecommunications provider, has started the process of enhancing both upload and download speeds for mobile broadband as part of the company’s strategy to enhance its networks. The upgrade work which began on May 6, will take place in various areas up until September 8. Continue reading
May 10th
5 tags
Telefonica Trapped With Telecom Italia Faces...
When Telefonica SA (TEF) Chairman and Chief Executive Officer Cesar Alierta told investors in April last year that an alliance with Telecom Italia SpA (TIT) would generate 1.5 billion euros ($2 billion) in cost savings, shareholders in the Spanish telephone operator weren’t warned of the downside. With consumer spending falling and the two countries among the worst hit by Europe’s debt crisis,...
May 9th
7 tags
Mobile broadband booming - ComCom annual telco...
Mobile data use is booming, but mobile data revenue for Telecom, Vodafone and 2degrees is has risen only modestly, according to a Commerce Commission annual survey (see graphs at right). The Commerce Commission today released its 2011 telecommunications annual monitoring report. “Most notably we’ve seen a fall in market concentration in all sectors which indicates that competition is becoming...
May 9th
8 tags
Vodafone strikes deal with rival Optus to ease...
VODAFONE has hatched a new plan to tackle its chronic network problems, striking a deal with rival Optus to jointly build hundreds of new mobile phone stations. The deal is certain to attract the scrutiny of the competition watchdog as the nation’s second-biggest telco, Optus, teams up with the third-largest, Vodafone, to challenge the dominant player Telstra. Under Vodafone’s...
May 8th
6 tags
Polycom Opens New Unified Communications and Video...
Polycom expands presence in New Zealand in response to increasing demand for unified communications solutions. New Centre offers customers hands-on experience with latest UC and video solutions, from Polycom® RealPresence™ Platform to immersive room systems, mobile, social and cloud applications Polycom, Inc., (NASDAQ: PLCM) the global leader in standards-based unified communications (UC), today...
May 8th
8 tags
Verizon Adds 1-GB Prepaid Plan, Mobile Broadband...
Verizon Wireless said Monday that it will offer a new $80 prepaid plan, offering unlimited talk, texting, and 1GB of data. In addition, Verizon added a new prepaid data plan, centered around the Verizon Jetpack 4G LTE Mobile Hotspot MiFi, which earned a PCMag Editors’ Choice award. Verizon recently launched an international roaming plan, to boot. The new prepaid plan will be exclusively...
May 2nd
8 tags
Etisalat casts prudent eye abroad
Etisalat is considering the divestment or consolidation of some of its international operations following a period of aggressive but problematic global expansion for the UAE operator. The Abu Dhabi-listed company plans to concentrate on its current portfolio and will be “very selective” in any future acquisitions, according to its chief executive. Continue reading
May 2nd
4 tags
Telecom Commission to seek clarity from Trai on...
NEW DELHI: Offering a glimmer of hope to telecom operators, the sector’s highest decision-making body has refused to endorse regulator Trai’s controversial proposals that included a 13-fold increase in the base price for spectrum auctions.  The Telecom Commission on Monday said it will soon seek clarity from Trai on four of its key recommendations. “We will write to Trai no...
May 1st
5 tags
Telecom upbeat as dominance goes
Telecom says it is not doing badly despite seeing its share of the telecommunications market slide from 61.3 per cent to 52.7 per cent during the six years to June last year. That was according to a Commerce Commission report which laid bare the challenges facing Telecom’s chief-executive-in-waiting, Simon Moutter. For the first time, just over half of consumers – 51 per cent – now get...
May 1st
April 2012
28 posts
8 tags
Qatar Telecom blames FX losses for Q1 profit drop
DUBAI, April 29 (Reuters) - Qatar Telecom 7010.SE (Qtel) on Sunday reported a 12 percent drop in first-quarter net profit, citing mainly foreign exchange losses, but the former monopoly still beat forecasts. Qtel made a profit of 711 million riyals ($195.29 million) in the three months to March 31, down from 811 million riyals in the year-earlier period. “Net profit during the period was...
Apr 30th