YOU ARE AT:Business

BROWSING: Business

Reliance Communications approves SSTL merger

Indian carriers aim to complete the deal in Q2 Reliance Communications confirmed its shareholders have approved a proposal to acquire local telecom firm Sistema Shyam Teleservices. The deal has been already authorized by the Competition Commission of India, Rajasthan High Court, Bombay High Court and...

Kagan: Sprint should update its brand

Sprint CEO Marcelo Claure is traveling around the U.S. on a listening tour, talking with customers trying to get a good understanding of Sprint’s position in the marketplace from their point of view. Let me offer my two cents. Sprint quality, reliability, reach and...

Experts say broadband is today’s most important utility

South by Southwest panel gathers urban broadband advocates to discuss bridging the digital divide AUSTIN, Texas – Broadband deployments serve to open up opportunities to largely underserved groups while stimulating larger economic growth, municipal and policy experts agreed during a South by Southwest panel session. In...

President Obama highlights day one of South by Southwest

Obama talks tech, globalization and tacos on Texas trip AUSTIN--President Barack Obama kicked off the South by Southwest Interactive on March 11 with a keynote talk calling on technology leaders to drive change in three areas: improve government and services through digitalization, tackle big problems...

First-ever Inform[ED] Wireless Conference brings together technologists, analysts, and policy leaders (sponsored content)

Register for CableLabs' Inform Wireless Conference today The cable industry has been playing an increasing role in advancing wireless technologies as fixed and mobile networks are converging. Today the cable industry provides wireless customers with the largest footprint of wireless hotspots in an environment of increasing...

Smith Micro to buy Birdstep Technology

Smith Micro Software is buying out its primary competitor in intelligent Wi-Fi offload. The California company is purchasing Birdstep's software development and marketing arm for an undisclosed amount. Both Smith Micro and Birdstep help mobile operators offload traffic to Wi-Fi networks to ease network...

ZTE export restrictions impact U.S. chipmakers

Qualcomm, Intel and Broadcom are suppliers, Oclaro falls 15% U.S. chipmakers will feel the sting of the U.S. government's decision to restrict technology exports to China's ZTE. Qualcomm and Intel are both suppliers to ZTE, as is Singapore's Broadcom. (Broadcom is now part of Avago,...

IoT economy regional market outlook

Initiatives like Germany’s Industrie 4.0 and Made in China 2025 seed regional IoT economy The "Internet of Things" promises to connect 20 billion previously unconnected objects by 2020. As the IoT takes shape, some global regions, largely due to government-led planning, are emerging as likely...

Livestream: Is there a tech bubble?

Central Texas Angel Network (@CTANAngels), Virgo Capital (@virgocapital) and Angelspan (@AngelSpanInc) join Austin Coding Academy (@AustinCoding) for timely discussion on the tech bubble Tech bubble forum discussion is hosted by Austin Coding Academy and broadcasted by RCR Wireless News. Topics include: Are tech companies overvalued? Is IPO the new "down round"? What do...

Cisco, Ericsson strategy chiefs update partnership

Ericsson CEO: Goal is to drive growth, innovation, speed Nearly four months into a hyped partnership, Ericsson and Cisco executives report a “huge amount of progress in a very short amount of time,” as Cisco chief strategy officer Hilton Romanski put it. Ericsson CEO Hans Vestberg...

Turkcell submits offer to acquire TeliaSonera stake in Fintur

Fintur operates in Kazakhstan, Azerbaijan, Georgia and Moldova Turkcell is looking to acquire the near 59% stake TeliaSonera currently holds in Fintur Holdings, which would give Turkcell full control of Fintur. Fintur controls Kcell, Azercell, Geocell and Moldcell in Kazakhstan, Azerbaijan, Georgia and Moldova, respectively. The...

Ooredoo posts $2.18B in Q4 revenues

Ooredoo ended 2015 with 117 million customers Qatar-based telecom group Ooredoo posted QAR 7.97 billion ($2.18 billion) in fourth quarter revenues, down from QAR 8.37 billion in the same quarter last year. The group’s net profits for the quarter totaled QAR 360 million, an increase of...

Reliance Communications, Aircel create JV

Indian telecom operators look to complete the operation by September Indian mobile operators Reliance Communications and Aircel agreed to merge their operations, according to The Economic Times. The report claims the telcos would each own 50% of the new entity, which will be the third largest...

Alabama municipal fiber build attracts Google service

Public-private partnership model for fiber networks gaining traction The growing trend of municipalities moving to control their own high-speed broadband destiny is exemplified in what's happening in Huntsville, Alabama. Local electricity, gas and water provider Huntsville Utilities is constructing a publicly-owned fiber optic network. The move...

Telefónica Q4 revenues flat year-over-year

Net loss of 1.83 billion euro in Q4 due to extraordinary factors Spanish telecom giant Telefónica recorded 11.88 billion euro ($12.98 billion) in fourth quarter 2015 revenue, flat compared to the year-ago period. The company’s net loss for the quarter reached 1.83 billion euro, compared...

Digital transformation highlighted at MWC 2016

Huawei and partners show use cases of digital transformation to demonstrate importance of agile, elastic operations BARCELONA, Spain – With a focus on enabling a customer-centric business model, Huawei representatives and clients gathered during Mobile World Congress to discuss the importance of digital business transformation. Transformation has been...

Zuckerberg: Facebook’s mission is to connect everyone

BARCELONA, Spain – Claiming everybody should have access to the Internet, Facebook CEO Mark Zuckerberg discussed projects his company is working on designed to provider greater access to the Web. “Facebook’s mission is to connect everyone in the world,” Zuckerberg said during a speech at this...

Opanga Networks and the Kapsch CarrierCom Announce New Partnership at Mobile World Congress 2016 (sponsored content)

Seattle, WA and Vienna, Austria -- Kapsch CarrierCom and Opanga Networks are pleased to announce today the formation of a new strategic partnership to bring the next generation of network optimization solutions to mobile operators throughout Europe. Kapsch CarrierCom is a leading, global producer,...

NGENA: service providers announce network alliance at MWC

NGENA aims to launch services in early 2017; comprises Deutsche Telekom, Reliance Jio, SK Telecom and more BARCELONA, Spain – CenturyLink, Deutsche Telekom, Reliance Jio Infocomm and SK Telecom announced their Next Generation Enterprise Network Alliance during this week's Mobile World Congress event. The alliance plans...

Orange reaches 8 million French LTE subs

Despite extending LTE network, Orange reports flat revenue French mobile operator Orange reached 8 million LTE subscribers at the end of 2015, posting 1.4 million net additions during the last quarter of the year, the company said in its earnings statement. Overall mobile connections in...

Top 50 Industrial IoT (IIoT) 5G Industrialists and Innovators

RCR Wireless News recognizes inaugural list of leaders fueling the Fourth Industrial Revolution RCR Wireless News, a leading source of wireless, telecom and mobile technology news and actionable intelligence since 1982, recognized today its inaugural selection of leading Industrial IoT (IIoT) 5G Industrialists and Innovators....

Smartphone shipments to China grew 8% in Q4 2015

Xiaomi, Huawei and Apple led in market share  A total of 117.3 million smartphones were shipped to China in the last quarter of 2015, an 8% year-over-year increase according to a recent study by IDC. The growth was mainly driven by China’s annual singles day online...

Liberty Global, Vodafone reach quad play deal

Deal will join Liberty Global, Vodafone operations in Netherlands U.K-based telecom group Vodafone and U.S. company Liberty Global reached an agreement to merge their operations in the Netherlands. Vodafone will make a cash payment to Liberty Global of €1 billion ($1.43 billion) to equalize ownership in...

Google out for spectrum auction, SoftBank may sell assets … 5 things to know today

1. Google will not be a bidder in the Federal Communications Commission's upcoming 600 MHz spectrum auction. The deadline to file applications to bid was last Wednesday, and late last week a Google spokesperson said the company will be watching the auction closely, but...