YOU ARE AT:Business

BROWSING: Business

Sprint CEO Marcelo Claure: I’m listening

Channeling his inner Jack Kerouac, Sprint boss goes on the road for listening tour Sprint is struggling right now. Last year the carrier slipped behind T-Mobile to the No. 4 spot, and is currently going through the process of cutting more than $2 billion from...

SoftBank ends 2015 with 31.68 million mobile subs; CEO talks Sprint

Overall SoftBank revenue expands 7.9% year-over-year Japanese mobile operator SoftBank ended the third quarter of fiscal year 2015 with 31.68 million mobile subscribers in the country, up from 31.17 million in the same period last year. Net additions during the quarter totaled 74,000. SoftBank offers TDD-LTE...

5 retail technologies that could revolutionize the in-store experience

According to the U.S. Department of Commerce, e-commerce sales were up 15.1% in the third quarter of 2015. When compared to an 1.6% increase in total retail, it’s easy to see that brick-and-mortar stores are facing a serious competitive challenge. However, brick-and-mortar stores have...

Verizon CEO confirms interest in possible Yahoo acquisition

Verizon CEO Lowell McAdam, in an interview with Jim Cramer on CNBC's Mad Money, confirmed the carrier's interest in a potential acquisition of Yahoo. The discussion started with talk about Verizon's acquisition of AOL. Last year Verizon paid $4.4 billion for AOL with an eye...

Swisscom reports Q4 profits totaling $306 million

Despite profits, the telco announces plan to close call centers Swiss mobile telephony operator Swisscom recorded revenue of 3.02 billion francs ($306 million) in the fourth quarter of 2015, slightly down compared to 3.07 billion francs in the same period a year ago. The operator’s net...

Report: Google eyeing Qualcomm to replace Intel chips in data centers

According to a report by Bloomberg, Google, which buys its data center server chips from Intel, could take that highly lucrative business to competitor Qualcomm if that company's chips meet performance standards. Citing "people familiar with the matter," Bloomberg reports the search giant "is planning to...

Vodafone reports fiscal Q3 revenues of $14.91B

The telco ended 2015 with 34.8 million LTE subs in 20 markets British telecom group Vodafone recorded revenues of £10.3 billion ($14.91 billion) in its fiscal third quarter, ended Dec. 31, a decline of 5.5% compared to the same quarter a year ago. The telco...

European Commission clears Liberty Global carrier acquisition

EU conditions meant to guarantee competition in Belgian market The European Commission cleared the acquisition of Belgian mobile operator BASE by U.S. company Liberty Global, the European body said in a statement. In April 2015, Liberty Global’s Belgian subsidiary Telenet agreed to acquire BASE for 1.33...

India smartphone shipments exceed 100 million in 2015

India surpassed the US smartphone user base Smartphone shipments in India totaled more than 100 million units during 2015, representing an increase of 23% compared to the previous year, according to a recent report by Counterpoint Research. By the end of 2015, the smartphone user base...

Ericsson creates virtual market for IoT patent licenses

Looking to speed time to market for "Internet of Things" products, Ericsson announced a new virtual marketplace for patent licensing across potential IoT verticals ranging from industrial applications to connected cars. The company said the goal of the new marketplace, which will be operated by...

Vodafone confirms talks with Liberty Global to create JV

Liberty Global operates in the Dutch market via cable firm Ziggo U.K. telecom group Vodafone confirmed it is in discussions with Liberty Global to analyze the creation of a joint venture in the Netherlands incorporating both companies’ local operating businesses. Vodafone Group said the discussions are...

IWCE’s Network Infrastructure Forum examines the communications technology infrastructure in Las Vegas in March (sponsored content)

IWCE’s Network Infrastructure Forum is a new event co-located with International Wireless Communications Expo (IWCE) that brings together the industry’s wired and wireless players to examine the communications technology infrastructure. Targeted to service providers, tower owners, public safety, government, utilities and transportation professionals, the...

Nexius partners with RCR Wireless News to create Proof of Concept Lab and Testing Program for network operators and enterprise sector buyers

ALLEN, TEXAS – Nexius, specializing in delivering end-to-end network services and business intelligence solutions, today announced a new partnership with RCR Wireless News to create an Independent Proof of Concept Lab and Testing Program for network operators and enterprise sector buyers. “This new partnership with RCR...

BT unveils new organizational structure

Newly acquired EE to operate as new business unit British telecom group BT announced a new organizational structure following the acquisition of compatriot mobile operator EE. The new business structure will take effect beginning in April. Under the new structure, BT will have six lines of...

Data center power 101

Learn more about data center power needs and moves toward sustainability As the demand for streaming video, mobile applications and other technologies that require high-bandwidth continues to proliferate, the need for data centers will continue to increase. In this article, we look into data center...

Kagan: Uber, Lyft, Airbnb grow wirelessly

Ever think of ride-hailing services like Uber, Lyft and Airbnb as wireless companies? Well, they are. We know the wireless industry is a rapid growth engine, but if we pull the camera back we can see how it is also the spark that creates...

BT completes EE acquisition to combine fixed, mobile

Deutsche Telecom and Orange received shares, £3.46 billion in cash BT confirmed the completion of its £12.5 billion ($17.8 billion) acquisition of U.K. mobile operator EE, which was previously controlled by Deutsche Telekom and Orange. In return for their stakes in EE, Deutsche Telekom and Orange...

TeliaSonera to invest nearly $1.7 billion in 2016

Swedish telco posted a net loss of $349 million in Q4 Swedish telecom operator TeliaSonera expects total investments excluding license and spectrum fees to reach 14 billion to 15 billion kronor ($1.63-1.74 billion) this year. The telecom operator said 2016 is a peak year for increased...

Cell Tower News: Crown Castle names new CEO, posts quarterly results

Crown Castle announces new CEO, better than expected numbers Crown Castle International announced both its fourth quarter financial results as well as plans for a new CEO this week. The company's CFO Jay Brown is set to take over as both CEO and president from Ben Moreland beginning...

Global smartphone shipments hit 1.4 billion in 2015

IDC smartphone tracking shows Apple, Huawei and Xiamoi had year-over-year growth in smartphone shipments For smartphone shipments around the world, 2015 was a good year. IDC reports smartphone sellers moved nearly 1.433 billion units last year. That breaks down to smartphone sales of 399.5 million units in the...

Startup ISP wants to use millimeter wave for wireless broadband

New broadband player Starry looks to undercut broadband providers by disrupting infrastructure model The founder of now defunct Aereo, Chet Kanojia, is looking to disrupt the home broadband market by offering gigabit service delivered over high-band millimeter wave spectrum. Kanojia broke down the cost differential in an...

GSMA Mobile World Congress 2016: Mobile is Everything (sponsored content)

Register for Mobile World Congress 2016, Feb. 22-25, in Barcelona For industry veterans, working in the mobile ecosystem can feel like a never-ending series of conferences, exhibitions and meetings. Not only can these events become costly in terms of time and money, they often don’t...

Report: Claro, TIM among potential buyers of Nextel Brazil

The mobile operators are currently evaluating Nextel Brazil financial condition Brazilian mobile operators Claro and TIM, as well of a number of foreign investment companies, are among the firms interested in acquiring Nextel Brazil, which if fully owned by NII Holdings, local paper Folha de Sao...

Apple records biggest quarter ever with $18.4B net income

On an earnings call Tuesday, Apple executives reported a record-breaking fiscal first quarter, ending Dec. 26, with quarterly revenue of $75.9 billion and net income of $18.4 billion. In the same quarter last year, Apple reported revenue of $74.6 billion and net income of $18.4...