Spain-based financial services company BBVA has selected telco-countrymate Telefónica to run artificial intelligence (AI) and process automation into its global cybersecurity operations. It is working with Telefónica Tech, the digital services arm of the Madrid-based telecoms group, to “boost” its cybersecurity regime on a...
Over the past four years, Communication Service Providers (CSPs) have merged or sold their network assets to help address the issue of a lack of differentiation and counteract the gradual decline of their stock market valuations. Many have turned to private equity firms to...
Internet of Things (IoT) as described by its name, is the internet of the “things” or physical objects that are embedded with software, sensors, and communication technology. It is a network of physical objects. The objective of connecting these devices called “things” is to...
Using AWS, Fujitsu will develop fully managed services that package everything from cloud infrastructure to services
Japanese company Fujitsu has recently announced a strategic collaboration agreement with Amazon Web Services (AWS) to accelerate the digital transformation of customers in the financial and retail industries with...
MWC, Barcelona: The industrial sector loves the idea of digital change, says Verizon, and private 5G as a platform for it, but it’s just not very good at showing it. Speaking at a packed industrial 5G (Industry City / Manufacturing Summit) conference stream at...
Vodafone has 82,000 macro sites across 10 European countries
Vodafone is seeking to raise 2 billion euros ($2.4 billion) in an initial public offering of its European mobile-phone towers unit in Frankfurt, making it, according to Bloomberg, one of the biggest stock market listings seen in...
As promised, this week we draw some conclusions from the results of our mobile first poll, which resulted in three ways to be an innovative leader as your company is planning for 2016 and beyond. Often, strategic planning sessions can be pretty dry and boring events...
Rumors about a possible initial public offering of Spain-based Telefónica's Latin American business are back. According to reports, Telefónica is looking to float the Latin American units on the New York Stock Exchange. When contacted by RCR Wireless News, Telefónica's public relations representatives said there has been...
Spain’s Telefónica has agreed to sell its call-center business Atento to Bain Capital for about U.S.$ 1.34 billion (€ 1.039 billion). Industry observers say the company wants to raise cash through asset sales because it is struggling under a heavy debt load. The deal...
The story of the financially troubled, Honduran government-owned telecommunications company, Hondutel (also known as Empresa Hondureña de Telecomunicaciones), is not finished. While seeking new investments to be competitive in the market, Hondutel will submit U.S. $4.5 million (HNL90 million) to the state of Honduras in...
Facing a deep financial crisis, the Honduran government-owned telecommunications company, Hondutel (also known as Empresa Hondureña de Telecomunicaciones), needs to secure at least U.S.$500 million in new investments to be competitive in the market. The telecom operator is looking primarily for a foreign investor, and...
After securing U.S.$26.5 million in new equity funding to develop its regional business and launch mobile virtual network operator (MVNO) services in Chile, Virgin Mobile Latin America (VMLA) announced it has closed on a U.S.$11 million debt funding agreement with IFC, a member of the World...
The chief executive officers (CEO) of five big Brazilian companies from different sectors showed concerns about Brazil’s future economic growth, during a panel discussion at the IBM Forum this week in São Paulo. While emphasizing past progress, they also agreed that the economic development...
Colombia’s public telecom operator, UNE EPM, has secured a loan of up to approximately U.S.$224 million (400 billion COP). The carrier signed a 10-year credit with a disbursement period ending January 31, 2013 and an interest rate DTF + 3.90%, with BBVA, Banco de Santander,...
After failing to generate expected growth with the 2007 purchase of aQuantive, Inc., Microsoft Corp. (MSFT) reduced its forecasts regarding the online services division segment, and the company is taking a U.S.$6.2 billion write-down for the fiscal fourth quarter. In a statement, Microsoft also...
The bring-your-own-device (BYOD) phenomenon could have a negative impact on manufacturing sectors, since cellphone sales could drop. This is what ARCchart, a London-based research and consulting firm, predicts in its latest report. The consulting firm estimates that BYOD could cost the smartphone industry U.S.$40 billion...
The Brazilian information and communication technology (ICT) market topped $197.56 billion in 2011, which is a growth of 10.9% over the previous year, according to a study commissioned by the Brazilian Association of Information Technology and Communication (Brasscom) for the International Data Corporation (IDC).
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Telefónica’s Latin American earnings surpassed its earnings from Europe for the first time in the Spanish group's history. The telecom operator announced first quarter 2012 earnings of 15,511 million euros, while operating income before depreciation and amortization (Oibda) dropped 8.8% to 5.08 billion euros...
After making a play to increase its share in European operator KPN, America Movil said its U.S.-based subsidiary Tracfone Wireless has entered into an agreement to acquire mobile virtual network operator Simple Mobile, which offers SIM-based services using T-Mobile USA's network.
The moves show the...
America Movil (AMX), the wireless carrier group controlled by Mexican Carlos Slim, May 8 offered about 8 euros per share to increase its stake in the Netherlands-based telecom company KPN NV - a price that is about 23.5% above KPN's Monday closing price.
The partial...
Analytic data solutions provider Teradata (NYSE: TDC) announced an agreement to acquire Munich, Germany-based eCircle, a cloud-based digital marketing firm. The addition of eCircle is intended to enhance and expand Teradata’s overall big data market prowess.
According to Rob Brosnan, an analyst with Forrester Research,...
Global travel technology company Sabre Holdings has selected HP Enterprise Services for a six-year infrastructure and applications services agreement worth $US 800 million. It is an extension of the companies’ 11-year relationship.
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Chilean Empresa Nacional de Telecomunicaciones (Entel) unveiled plans to invest $3 billion between 2012 and 2014 to focus on mobile technology. The plan comprises investments of $900 million in 2012 and includes the purchase of handsets for clients with contracts. The announcement was made...
Latin America's largest telecom group (measured by subscribers), América Móvil, posted an increase of 37.5% in net profit for the first quarter 2012, beating analysts’ forecasts largely due to the company's acquisition of the Brazilian cable television company, Net Servicos.
Net income climbed to US$ 2.5 billion...
