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. The telco’s Q1 net profit...
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 profits for the period totaled...
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 towers. A new pilot program...
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 year earlier. The 6s was...
Orange reaches 8.7 million 4G subs in its home market
French mobile operator Orange said it reached 8.7 million LTE subscribers in its domestic market at the end of the first quarter of 2016, up 95% year-over-year. The carrier's overall mobile connection base in France totaled 28.42...
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 to ensure cord cutters have...
Chinese billionaire Jia Yueting, CEO of LeEco, told CNBC in a recent interview that technology giant Apple is "outdated," amid a government shutdown of Apple's book and movie services.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 rival Tesla. He explained his...
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 said it has signed up...
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. The towers average two tenants...
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 will continue as CFO, and...
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.
From T-Mobile: "Verizon really wants...
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 2015.
In its earnings call, Verizon...
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 the deal could close as...
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 the company, Gallegos will be responsible...
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 initiatives associated with driving research,...
Opening an era of indoor fully-connected experience
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 explore new opportunities for increasing revenue by providing value-added...
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 communications systems for enterprises, service...
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 affiliates that has led to...
Huawei Helps Carriers Transform towards Digital Business
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 Growth Rate (CAGR) increase of 19% in the past...
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 plan includes unlimited data,...
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 for mobile connectivity through 2020,...
McAdam of Verizon calls Sanders' views 'uninformed' and 'contemptible'
U.S. Sen. Bernie Sanders (D-Vt.), in his ongoing bid for the Democratic Party presidential nomination, has made calling out what he sees as corporate greed a centerpiece of his campaign. Sanders has even put together a...
The international remittance market will reach $610 million this year
ORLANDO--Digital financial services will represent a huge business opportunity for banks and telecoms operators in the comings years due to the increasing penetration of mobile telephony in the global unbanked population, the Amdocs Mobile Financial Services...
ABI Research also forecasts 8.5 million small cells by 2020
Mobile broadband operators will reach revenues of $247 million in the 5G segment in 2025, according to a recent study by consultancy firm ABI Research.
The report shows that North America, Asia-Pacific and Western Europe will...
