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Vendors prepare to battle through Brazil’s stalled m-payment market

Even though Brazilian telecom operators and financial institutions have not reached agreement about who should be responsible for each part of the mobile payment process, IT providers are working toward launching m-payment solutions. Vendors are looking forward, developing solutions to be prepared for when demand arrives....

Itaú Unibanco CEO: ‘Banks need to renew their business models’

Banks are passing through a critical time, while operating in a challenging environment of rapid economic change, thinner margins and increasing regulation. In addition, the crisis European banks are facing further complicates the situation. During a keynote session at this week’s Ciab (check all stories),...

Cisco survey: Customers want to use financial services anywhere, with any device

Consumers want banks to deliver financial advice and banking services through both virtual and physical channels. But despite the popularity of virtual banking, global consumers still value the personal attention of bank branches and expanded services that include different kinds of financial advice. These are...

Brazil’s Oi embraces managed services, predicts $100M in revenues

There is no going back when telecom operators move to become integrators of information and communication technology (ICT) , since carriers are seeking ways to avoid becoming just dumb pipe. "They aim to increase revenue through ICT by adding services to their business-to-business (B2B)...

Finance and banking: 7 digital trends to watch

The digital revolution brought a lot of disruption to different economic, political and social sectors. No one can ignore the impact of social media, especially enterprises. In this new era, customer relations has become both easier and more complex. Customer relations are easier on the...

Telefónica to use Alcatel-Lucent femtocells in Europe, South America

The French company Alcatel-Lucent (Euronext Paris and NYSE: ALU) has closed a deal with the Spanish group Telefónica to provide femtocells throughout Europe and South America. The financial terms of the deal were not disclosed. The announcement was made on the same day that the...

Brazilian Bank Federation sees boom in mobile banking market

Making financial transactions with mobile devices is not considered new in Brazil. However, the service is far from being heavily used. During this week’s Ciab (check all stories) —a conference and exposition focused on IT for financial institutions held in São Paulo—banks and vendors are...

HP to partner with carriers to sell cloud services in Latam

Several surveys have highlighted the advance of telecom providers into the cloud computing service market. Both Pyramid Research and Infonetics Research have released studies showing that carriers are embracing cloud computing as a key corporate strategy and that they are placed in a prime...

América Móvil takes 8.46% stake in KPN

Latin America telecom giant América Móvil has moved forward on its plans to increase its stake in Dutch-based telecom company KPN, saying it now holds 8.46% of KPN's stock. According to its statement, América Móvil has entered into three separate transactions pursuant to which it purchased...

Brazilian telcos invested $2.29B in first quarter

Brazilian telecommunication service providers invested $2.29 billion (R$4.7 billion) in the first quarter of 2012, according to TeleBrasil, the Brazilian association of telecommunication companies. The amount represents the total investment made in fixed and mobile telephony, broadband and pay-TV from January to March this year...

NSN to invest up to $5M to manufacture in Brazil, targeting 35% of LTE market

When announcing it will manufacture LTE equipment in Brazil, Nokia Siemens Networks (NSN) said it aims to get a 35% market share. “Our worldwide market share in LTE is significant. We have 52 LTE contracts around the globe, and we believe this same performance will...

Mexico’s Televisa accepts conditions for lusacell deal

Mexican broadcaster Televisa has accepted conditions imposed by Mexico’s anti-monopoly regulator the Federal Competition Commission (Cofeco), to acquire 50% of mobile phone operator Grupo lusacell for $1.6 billion. Cofeco approved the acquisition plans last week. Cofeco's approval came after the government agency had rejected the plan earlier this...

Tyntec waiting for MVNO license to start Brazil operations

Founded in 2002 in Germany, Tyntec is set to launch services in Brazil. The company is a mobile interaction specialist which provides solutions that enable enterprises to integrate mobile telecom services for a wide range of uses. During an exclusive interview, business development director Sven...

Latin American smartphone sales to surpass 145 million

The number of smartphones sold in Latin America will grow more than a four-fold from 2011 to 2017 when sales are expected to surpass 145 million. According to a Pyramid Research survey, three countries—Brazil, Mexico and Argentina—together are expected to account for 68% of...

The challenge of protecting mobile devices

It is very difficult for companies to protect mobile devices for reasons such as technical issues (some devices will not install all the desired software); low battery capacity (when performing a lot of processes, the battery goes out) and because in many cases, the...

América Móvil looks to boost international presence, buys 21% stake in Telekom Austria

América Móvil said it has entered into an agreement with Marathon Zwei Beteiligungs GmbH, a wholly owned subsidiary of RPR Privatstiftung, to acquire approximately 21% of the outstanding shares of Telekom Austria, which counts 20.3 million wireless subscribers and 2.6 million fixed lines. If approved,...

Rumor: Microsoft to purchase Yammer; could enhance enterprise social tools

Rumors indicate that Microsoft (MSFT) is in discussions to purchase Yammer, a provider of social networking software for businesses and institutions. Reports suggest the company is expected to pay $1.2 billion for Yammer. The move shows Microsoft could be looking to add more social and...

Colombia’s UNE EPM launches LTE in Bogota and Medellín; $130 million in initial investments

With investments plans of $130 million, Colombia’s public telecom operator UNE EPM launched LTE services yesterday in Bogota and Medellín. The company said its next steps include expanding the service to Cali, Barranquilla, Cartagena and Bucaramanga during the second half of the year, with...

Mexico approves Televisa-Iusacell tie-up

Mexico's anti-monopoly regulator Federal Competition Commission (Cofeco) has approved Televisa's plan to acquire half of mobile phone operator Grupo Iusacell. The approval came after the government agency rejected the plan earlier this year. Since that rejection, the players were given time to address concerns, though earlier...

Cisco Live: Cloud in focus

Cisco is not among the top cloud computing providers, though that could be changing following recent announcements from the company pointing towards a strong play in the field. During its Cisco Live event, held this week in San Diego, Calif., the firm...

Brazil’s LTE investments could hit $1.93B

The president of Brazil's telecom regulatory agency Anatel, João Rezende, said investments for the deployment of next-generation telecommunications services could reach $1.93 billion (R$4 billion) over the coming years. In an interview posted by Convergência Digital, a RCR Wireless News syndicate partner, Rezende noted Anatel...

Entel, SAP team to offer mobile apps services to enterprise clients

Chile's Empresa Nacional de Telecomunicaciones (Entel) and German software company SAP have teamed up to offer mobile services to Entel's enterprise clients based on SAP's mobile platform. “This is a step further in the offering of convergent services, complementing our actual services: SAP Hosting and...

Analyst Angle: Let’s talk Caribbean telecoms!

The Caribbean poses an intriguing paradigm to telecom players in the Americas. Geographically it is part of the region, but unfortunately the development of its telecom sector is mostly ignored in the continental markets.

Brazil’s LTE journey begins; Vivo expected to lead

The first step to a national LTE deployment in Brazil began yesterday with the beginning of spectrum auctions conducted by government regulator Anatel. There were few surprises among first-day winners – the country's big-four carriers, but the results pave the way for the start...