While TIM posted a 12% rise in its second-quarter profit, beating forecasts on strong cost controls, NII Holdings’ Nextel operations presented a consolidated net loss of $386 million.
TIM, Brazil's second-largest wireless telecom operator, said its postpaid base grew 13.9% year-over-year. During a conference call, Rodrigo...
América Móvil (AMX) has terminated its relationship agreement with KPN, which opens the way for América Móvil to increase its stake in the Dutch telecom group. The agreement kept América Móvil from holding more than 30% of KPN: América Móvil currently owns 29.8% of KPN. Now Carlos Slim’s...
The two largest telecom operators in Latin America have released their second quarter financial results. América Móvil beat expectations, reporting better-than-expected second quarter core profits and revenue, as more customers made mobile calls in Mexico and South America. As for the Spanish group Telefónica,...
The advanced wireless services (1.7/2.1 GHz) spectrum band auction in Peru is scheduled for July 22. ProInversión announced that four carriers have qualified to bid in the auction that will enable LTE deployment in the country. The participating telecom operators are: Telefónica Móviles (Movistar),...
ZTE and Telefonica have launched the first Firefox OS smartphone, the ZTE Open. Priced as low as $51 ($90 retail, with $39 worth of free airtime for prepaid customers), the ZTE Open is clearly designed for the mobile phone user who has never before...
Five telecom operators have been granted licenses to deploy LTE services in Colombia. The Ministry of Information Technology and Communications (Mintic) awarded five LTE licences for a total of $401 million.
Avantel, ETB/Tigo and Movistar were awarded frequency bands in the 1.7/2.1 GHz (AWS—advanced wireless...
Editor’s Note: Wireless operators are a busy bunch, and as such RCR Wireless News will attempt to gather some of the important announcements that may slip through the cracks from the world’s largest carriers in a weekly wrap-up. Enjoy!
--Sprint Nextel again hogged the headlines...
SINGAPORE — Live TIM, the fiber optic broadband Internet service of Brazilian operator TIM, is set to launch fixed-telephony services by the beginning of next year. According to TIM chief marketing officer, Flavio Lang, the service will focus initially on residential clients and will be...
After four years of debate, the Chilean Senate has approved a terrestrial digital TV law. The legislation will go next to Chilean House of Representatives.
The new law is expected to open the market for new channels and technologies. If approved, it could take effect...
Editor’s Note: Welcome to our weekly feature, Analyst Angle. We’ve collected a group of the industry’s leading analysts to give their outlook on the hot topics in the wireless industry.
Telefónica’s $500 million sale of a 40% stake in operating units in Guatemala, Panama, El Salvador...
Colombia’s Ministry of Information Technologies and Communications has received six applications from telecom operators interested in participating in the frequency band auction aimed at deploying LTE across the country.
The interested firms were DirecTV, Avantel, ETB, Claro, Telefónica and a consortium of companies led by...
President Obama’s visit to Myanmar a few months ago was considered as a major sign of U.S. interest in this part of the world. For the telecommunication industry, this is certainly the
April 30 was the final day to deploy LTE networks in the Brazilian host cities of the FIFA Confederations Cup, and the largest four carriers that were granted LTE licenses met the deadline. Telefónica held a press conference on April 30 to announce its...
The past week was again littered with quarterly financial releases, merger and acquisition intrigue and regulatory uncertainty, or basically just another week for the wireless industry.
Editor’s Note: Wireless operators are a busy bunch, and as such RCR Wireless News will attempt to gather some of the important announcements that may slip through the cracks from the world’s largest carriers in a weekly wrap-up. Enjoy!
--Japan’s NTT DoCoMo topped rivals worldwide...
The Brazilian government has approved a tax reduction for locally produced smartphones. According to the decree published in the Official Gazette, the PIS/COFINS tax levied on smartphones priced up to $763 (R$1,500) will be abolished. The exemption also includes digital routers.
The measure has been...
BlackBerry is getting a boost from its longtime partner Telefonica. The global carrier has made a commitment to buy roughly $200 million worth of smartphones, services and solutions from the struggling Canadian firm. Canada's Export Development Bank is incentivizing Telefonica with a $200 million...
Approximately 200 people are already working at Telefónica’s new Latin America headquarters, which has moved from Madrid to Brazil’s largest city, São Paulo. The announcement was made at the inauguration of a new Telefónica Brazil location: a 47,000 square-meter site on an avenue where several...
Spanish telecom group Telefónica saw its 2012 net profits fall by 27.3% to $5.14 billion, while its debt dropped by almost $6.5 billion on a quarterly basis to $67.1 billion after a variety of asset sales.
Today the company released its quarterly and year-end financial...
--Swedish telecom operator TeliaSonera said it has become the first carrier in Europe to begin offering LTE roaming to Danish customers visiting Sweden. The carrier, which was the first operator to launch LTE services in 2009, said the move is the first step towards...
Raco Wireless expanded its presence in the machine-to-machine space, announcing carrier contracts with Telefonica and Sprint Nextel. The deals include the integration of Raco’s Omega Management Suite that allows its customers to manage their M2M services.
Raco noted the deal with Sprint Nextel provides the...
The two leading telecom groups in Latin America, América Móvil and Telefónica, are preparing to launch handsets featuring the Firefox OS. The companies released launch details at the Mobile World Congress (MWC—check out all pieces) in Barcelona this week.
The Spanish group Telefónica said their handsets...
Telefónica aims to help utilities meet the challenges of monitoring and supervision. The company has developed an integrated solution, called the Connected Metering Platform, that allows both communications and utility operators to enhance smart metering deployments. Telefónica announced the platform launch yesterday, saying that it integrates...
The United Kingdom moved one step closer to broad “4G” deployments, with government regulator Ofcom announcing the winning bids for spectrum licenses in the 800 MHz and 2.6 GHz band. Those bids generated $3.5 billion in revenue for government coffers, which was well below...
