Business

The new firm will provide consultancy services for future collaboration between the two telcos Indonesian telecom operator XL Axiata announced it will enter a joint venture with compatriot operator Indosat Ooredoo to provide consultancy services in future network collaboration between …

Nokia said lower mobile network sales hit business, but highlighted the positive integration with Alcatel-Lucent Nokia recorded 5.6 billion euros ($6.38 billion) in net sales for the first quarter of 2016, down from 6.1 billion euros in the same quarter last year. …

Despite growth, Vodafone plans to shut down the M-Pesa service in South Africa on June 30 Vodafone Group said it recently passed 25 million active customers for its M-Pesa mobile money service M-Pesa, having hit 25.3 million users at the …

DT ended March with 40.6 million mobile customers in Germany Deutsche Telekom posted a net profit of 3.1 billion euros ($3.54 billion) in the first quarter of 2016, up from 787 million euros in the same period last year. DT said …

The telco reached 6.61 million mobile subscribers in March Swiss mobile operator Swisscom recorded 2.88 billion francs (about $3 billion) in revenues for the first quarter of 2016, down slightly compared to 2.89 billion francs in the same quarter last year. …

Qatar-based Ooredoo reached 118 million global subscribers Qatar-based telecom group Ooredoo posted QAR 7.88 billion ($2.16 billion) in revenues during the first quarter of 2016, down 2% from QAR 8.04 billion in the same quarter a year ago. The group’s net …

Auditing doubles $33 million in tower tax revenue With tax season still close in the rearview mirror, it’s natural to think most taxable items get audited the way citizens’ taxes do. However, such is not always the case for cell …

Apple is a victim of its own success Apple reported its first revenue decline in 13 years, noting the upgrade cycle for the iPhone 6s has not been as robust as the upgrade cycle for the blockbuster iPhone 6 a …

Charter will not impose data caps for seven years following combination with Time Warner Cable, Bright House Networks In approving a major merger in the cable space, the Federal Communications Commission took the opportunity to include a consumer-friendly catch designed …

Chinese billionaire Jia Yueting, CEO of LeEco, told CNBC in a recent interview that technology giant Apple is “outdated,” amid a government shutdown of Apple’s book and movie services. Yeuting also discussed a new self-driving car project, LeSEE, that’s meant to …

The telco currently counts 500,000 subscribers in its LTE trial Indian telecom operator Reliance Jio Infocomm aims to launch commercial LTE services across India in the coming months, parent firm Reliance Industries said in its earnings report. Reliance Jio Infocomm …

Crown Castle acquiring Tower Development Corporation Crown Castle announced the acquisition Tower Development Corporation, an American tower company that owns and operates 336 towers in both the United States and Puerto Rico. TDC was acquired for $461 million in cash. …

New business units and changes in North America Ericsson reported another quarter of disappointing financial results and said that it will reorganize and change parts of its executive leadership team. Hans Vestberg will remain CEO of the company, Jan Frykhammar …

As T-Mobile continues its targeted attacks on rivals, Verizon is the latest in the crosshairs. T-Mobile says Verizon is having a “midlife crisis” and “trying to become a cool kid” with a focus on digital content evidenced by recent acquisitions. …

Growth from IoT; 640K postpaid additions, according to Verizon Q1 earnings report Amid an ongoing union strike, the Verizon Q1 2016 earnings report indicates small year-over-year with operating revenues of $32.2 billion, which is a 0.6% increase compared to Q1 …

Chinese ICT giant Huawei, looking to boost its smartphone market share compared to competitors Apple and Samsung, is reportedly looking to raise $2 billion through a 10-year bond issue. The Wall Street Journal, citing “people familiar with the matter,” reported …

Jerry Gallegos joins Sprint amid major cost-cutting, network improvement plans As part of ongoing decentralization, Sprint has hired longtime former Cox Communications sales executive Jerry Gallegos as the new president of the West Area based in Phoenix, Arizona. According to …

America needs to ‘up its game,’ Bill Gates writes in op-ed piece In an opinion piece published April 18 by Reuters, Microsoft Co-founder and all around tech luminary Bill Gates called on The U.S. government to increase spending and other …

Opening an era of indoor fully-connected experience [Shenzhen, China, April 18th, 2016] Huawei today announced Indoor Connected Solution (ICS), to assist operators in improving both indoor user experience and ROI. Additionally, this solution accelerates indoor digital transformation and helps operators …

Mitel announced April 15 it has entered into a definitive merger agreement to purchase video and voice conferencing firm Polycom for $1.96 billion in a cash and stock deal. In April 2015, Mitel acquired Mavenir Systems, which provides converged IP …

In the ongoing machinations of a pending merger between Sprint affiliates Ntelos and Shentel, a new FCC filing sheds some light on the spectrum and network plans the three carriers are considerig. The deal will combine a pair of Sprint network …

Huawei Helps Carriers Transform towards Digital Business [Shenzhen, China, April 15th, 2016] Huawei today announced its financial results for 2015, reporting that its Carrier Services achieved strong year-on-year growth, generating US$12.06 billion in annual revenue worldwide, with a Compound Annual …

1. AT&T is using its Cricket prepaid brand to take aim at T-Mobile US. Cricket is offering customers who switch from T-Mobile a $100 bill credit when they sign up for its new $70 per month unlimited plan. That $70 …

Nokia Bell Labs said IoT connected devices will reach between 20 and 46 billion by 2020 Mobile operators will need to accelerate investments in areas such as 5G and cloud technologies in order to meet increasing consumer and business demand …