Cell towers becoming obsolete?
CNBC spoke with the founder of Parallel Wireless at the Founders Forum Smart Nation Singapore conference, who informed the major media outlet that he believes cell towers will soon become obsolete. He believes that individual cellphones will become the cell tower...
New antenna law expected to speed network deployments
Brazil President Dilma Rousseff approved a new antenna bill (law nº11.116) laying down new rules for the installation of antennas used by mobile operators. The law aims to speed deployment of telecommunications infrastructure in the country, which has been delayed by the shear...
Accedian Networks’ revenue climbs 38% in 2014
Accedian Networks saw its revenue grow 38%Â in 2014, thanks in large part to global Long Term Evolution mobile network expansion.
The Montreal-based company also cited North American small cell deployments and increased demand for enterprise-to-data center connectivity as factors...
After the general meeting of Portugal Telecom SGPS shareholders was postponed, Oi said that while it supported the meeting delay, the sale of its stake in PT Portugal to Altice is the best alternative for the company. At the meeting, which was originally scheduled for...
AT&T is reportedly grounding plans for an LTE-based in-flight mobile broadband offering, citing plans to conserve cash related to its recent international expansion plans.
As first reported by Runway Girl Network, AT&T said it would no longer be pursuing its previously announced offering that would...
AT&T is looking to expand its empire south of the border, announcing late Friday that it plans to by Mexican mobile carrier Iusacell for $2.5 billion including the assumption of debt.
The deal is set to close following Grupo Salinas, which is the current owner...
AT&T deal to buy Iusacell for $2.5B won't preclude AMX deal (RCR Mobile Minute)
AT&T surprised the wireless industry late Friday with news that it will buy Mexican operator Iusacell for $2.5 billion. The deal includes 8.6 million wireless subscribers, as well as all of...
Vietnamese-owned Viettel Group last week officially launched its Bitel-branded mobile service in Peru. The operator, the fourth entrant into the market, launched with a 3G network that it said covers 80% of the nation with mobile broadband service.
Viettel in early 2013 initially launched technical...
Editor’s Note: Wireless industry trade group GSMA and its GSMA Intelligence division recently released its rankings of the world’s 30 largest mobile operators based on an equal weighting of total connections at mid-year and total revenues over the past 12 months. Below is the complete...
America Movil asset sales
America Movil (AMX) has reportedly hired Bank of America to sell some of its assets. The telecommunications giant controlled by Mexican billionaire Carlos Slim needs to divest in order to comply with new Mexican regulations. Mexico’s new antitrust rules forbid companies...
In a new twist to the changing Mexican telecom market, Telefónica is reportedly in talks to acquire Grupo Iusacell, a deal that could be worth up to $4 billion, according to local newspaper El Confidencial. Rumors have been circulating since early June that the two were considering a merger. In a regulatory...
There is a new order in Ireland's wireless market, with 3 now No. 2. The operator, which is owned by the Hong Kong-based Hutchison Whampoa, this week completed its $1.15 billion buyout of Telefónica's O2. The deal gives 3 nearly 40% of the market share...
Mexico's senate is scheduled to hold a special session to debate additional laws to the country's new telecommunications regulations designed to curb the market dominance of companies owned by billionaire Carlos Slim. The session is set to begin July 4.
In a related move, the country’s telecom regulator, the Instituto Federal...
