As the European telecom market tried to hurdle the effects on the global economic crunch, the telecom operators from the continent, along with many other foreign companies, are eyeing China to expand sources of revenue.
The Asian giant’s economy has been robust despite the financial crisis and foreign telecom companies are seeing the country’s potential.
Although Chinese law does not allow foreign telecom companies to operate wireless networks or provide phone call services, new business opportunities have emerged, especially those focused on network IT services.
BT Group Plc, headquartered in London, has been tapping the Chinese market and benefiting from the country’s economic progress over the years. The British multinational telecommunications company has been targeting multinational companies with a presence in China, or Chinese companies operating inside and outside the country.
AT&T, a US telecom company, has also been enjoying business success by delivering IP-VPN services in China, and has been servicing the increasing presence of Chinese companies abroad.
The outlook against the economic downturns across the globe is brighter in China, as the state government has set out strategic plans in the IT sector, like cloud-computing, and healthcare reforms, which will provide new opportunities for foreign telecom companies.
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Qatar Telecom’s recent purchase of 48% of Wataniya Telecom it di not own has solidified its position as the leading telecom company in the Middle East. The $2.2 billion purchase is now part of the government-backed company’s other recent acquisitions, notably in Europe.
Many Gulf nations have changed tactics and are investing their gas dollars at home, or within the region. Qatar Telecom has led the fore, but its small population in comparison to neighboring Arab countries has allowed it to spend on both domestic and international acquisitions. This deals are rejuvenating the region, which has faced several political and economic crises the past year. The purchase of Kuwait’s largest telecom company is expected to bring a resurgence to the telecommunications industry.
In other news, US-based LightPointe Communications is turning its attention to the India after focusing its mobile backhaul services in North America and Europe. VP for Sales, John Taylor, noted how India’s population, the second largest in the world, is now clamoring for faster connection services through wireless backhaul.
Despite falling revenues, Macquarie Telecom still has its sights on the business end of the National Broadband Network’s market. The company has implemented strict cost control policies, as well as automation technology to deliver a record net profit after tax, but revenue of the telco still dropped to $160.3 million, a 7.7% slump amidst increased competition.
Macquarie telecom is instead looking at the NBN market to help control its falling revenues.
Chris Grieg, group executive of Macquarie Telecom’s telco business, told Computerworld Australia:
People don’t buy the NBN for the pleasure of buying the NBN and we sense there’s a perfect storm going on between the rollout of the NBN and the increased digital economy and the need for hosting-type services and a growing mobility message. It’s really in the transaction of those three elements that Macquarie is going to be playing.
Read more about the telco’s plan at Computerworld Australia
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via THE TIMES OF INDIA
NEW DELHI: The Delhi High Court today set aside the cap of 200 SMSes per day sent through a mobile phone SIM for personal communications but upheld the curb on unwanted commercial SMSes saying they infringed the “equally” important right to privacy of “unwilling recipients.”
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Former France Telecom chief executive Didier Lombard is under investigation following a spate of staff suicides at his firm in 2008 and 2009.
Lombard was in charge of the company when more than 30 employees took their lives and others attempted to kill themselves amid mass redundancies at the telco.
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