Wavion, a global provider of Wi-Fi solutions, and the integrated solutions company Leadcom have OK’d a cooperation agreement for Africa and Latin America. Wavion expects to more than double its sales in the region in 2012, coming from both operators (carriers and ISPs) and government projects such as education.
Warren Buffett’s Berkshire Hathaway has bought $10.7 billion worth of common stock in IBM (NYSE: IBM) this year. Berkshire now owns 5.4% of Big Blue, but the 81-year-old billionaire has said he doesn’t intend to buy any more shares.
Editor’s Note: Welcome to our weekly Reality Check column. We’ve gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace. Recently authorized by Anatel, the …
Reliance Communication, whose net profit is declining and has one of the lowest average revenue per user (ARPU) in the industry, has witnessed a further decline in its ARPU in Q2 of the current financial year.
While taking steps toward a financial restructuring, GTL Infrastructure Ltd., the pioneer in shared passive telecom infrastructure in India, saw its net loss increase 28.9% in its fiscal second quarter compared with the same period last year, even as consolidated revenue from operations rose 35%, the company said.
Editor’s Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers, we have created this forum for those with something meaningful to say …
Smartphones were the fastest-growing handset category across Latin America, with sales of 31 million units sold and U.S. $6 billion in revenue, continuing the trend of the region’s increasing share of the global market, according to a report by consulting firm Pyramid Research.
Atos, a European information technology services company and the worldwide IT partner for next year’s Olympic Games in London, and the Chinese management software solutions Ufida International Holdings have invested U.S. $7.8 million to create Yunano, a joint venture to offer cloud services.
Bharti Airtel said that it has implemented a customer experience management platform in its network to optimize and enrich user experience of its customers. The operator has chosen Nokia Siemens Networks to provide and deploy its CEM platform and services across India. The CEM platform will maintain and store real-time experience metrics for every subscriber in the network enabling Bharti Airtel to proactively cater to customer needs.
The second quarter saw quite some momentum in the telecom space with companies restructuring and rejiggering its top management. From major restructuring of its operations to new hires, companies like …
The company’s net profit decreased to $50 million in Q2 (Sept 2011) compared to $88.7 million the same quarter of the previous year.
Rajeev Chandrasekhar, a member of India’s Parliament, has raised several issues for improving the transparency of the country’s Department of Telecom, including suggested revisions to rules on spectrum allocation and M&A activity.
The combined desktop and mobile PC market in India grew 13% in the third quarter, driven by a number of festivals, technology research firm Gartner Inc. reported.
Bangalore-based OnMobile Global Ltd., one of India’s largest value-added services companies, has launched its KaraoPhone application with Jet Multimedia Morocco, a leading provider in all-in-one products and services for all media in Morocco.
Latin America and mobile data were the main drivers of Telefónica Group’s revenue during the first nine months of 2011. Telefónica Latinoamérica reported an 8.1% rise in revenue compared with the same period last year, accounting for 46% of the group total; mobile data revenue rose 19.6%.
In an interview with RCR Wireless News, Eduardo Levy, executive director of telecom union SindiTelebrasil, evaluates the effect of Rio de Janeiro’s new rules on towers on Brazil’s telecom landscape.
Qualcomm is looking to take advantage of Latin America’s relatively modest 3G penetration rates to boost its influence and revenues in the region. As part of this, Qualcomm said it was …
Revised recommendations by India’s telecom regulator on spectrum management and licensing framework are expected to facilitate consolidation in the industry, credit rating agency ICRA said.
Global Tower Partners, a U.S.-based provider of outsourced antenna site facilities, announced the purchase of 250 towers from Centennial Towers CR, SRL. The towers were constructed and are currently occupied …
TRAI Chairman J.S. Sarma recently urged the telecom industry to increase the manufacturing of mobile equipment in India; a trial on India’s 2G spectrum scandal case will begin today in a lower court.
As a whole, India’s telecom sector collected $9.45 billion in gross revenue and $6.58 billion in adjusted gross revenue during this year’s second quarter, representing increases of 13.3% and 6.9%, respectively, over the same period last year, the Telecom Regulatory Authority of India reported Wednesday.
RIL-owned subsidiary Infotel Broadband has acquired a 38.5% stake in digital learning company Extramarks Education for an undisclosed amount. The investment was carried out by an affiliate of RIL, Reliance …
Argentina, Uruguay and Paraguay launched HSPA+ commercial networks during the first week of November, bringing Latin America’s total of HSPA networks in the region to 66, with 25 now upgraded …
The Indian telecom service business of Vodafone Group PLC has reported an adjusted operating loss of $15 million on total revenue of $3.53 billion in the first half of its 2011-12 financial year, despite a double-digit increase in revenue compared with the same period last year.
A special court Tuesday directed the Central Bureau of Investigation (CBI) to give Subramanian Swamy a copy of a file which contains all the correspondence between India’s Home Minister P Chidambaram and former Telecom Minister A Raja.
