U.K.-based Vodafone Group recorded revenues of $59.8 million
Vodafone Group recorded 41 billion pounds ($59.8 billion) in revenues for its fiscal year ended March 31, a decline of 3% compared to the previous fiscal year. Group service revenue was 37.1 billion pounds for the year,...
U.S. firm aims to complete the data center transactions in 2016
U.S.-based Digital Reality, which provides data center, colocation and interconnection solutions, entered into a definitive agreement with Equinix to acquire a portfolio of eight carrier-neutral data centers across Europe. Five of the data center...
A Verizon Communications trademark filed May 9 could hint at a potential move from the carrier to integrate fixed and mobile voice services under the brand name One Talk.
Here's the language used in the trademark application: "Telecommunications services, namely, providing telephone services; and providing...
Why has U.S. Cellular not participated in the rapid growth mode of the wireless industry over the last decade? AT&T Mobility and Verizon Wireless have led this parade for years. Then after several years, T-Mobile US started to grow as well. Now Sprint is...
1. ExteNet Systems is buying indoor infrastructure specialist Telecommunication Properties for an undisclosed amount. Telecommunication Properties focuses on fiber-fed distributed antenna systems and small cells for stadiums and class A office buildings. The company operates the DAS in several high-profile venues, including AT&T Stadium...
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 the two firms. The JV...
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. In the first quarter, Nokia’s...
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 end of March. The carrier...
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 increase was mainly driven...
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,...
