America Movil said this transaction increases its overall shareholding in Telekom Austria from 51% to 56.55%
Mexican telecommunications group America Movil has increased its ownership in Austrian mobile operator Telekom Austria after it acquired shares corresponding to 5.55% of the voting rights in the company.
In...
Mexican telecom group America Movil, the telecoms giant controlled by the family of billionaire Carlos Slim, expects to launch 5G technology in certain Latin American markets by the end of the year, the company’s CEO Daniel Hajj said during a conference call with investors.
“In...
The two firms aim to launch FDD-LTE three-component carrier aggregation in Moscow
Nokia and Russian mobile operator MTS said they have deployed FDD-TDD carrier aggregation technology on MTS's commercial LTE network in Moscow in a move to increase network coverage and capacity in the area.
The...
The French IOT firm expects to connect 1M devices across the country by 2017
French provider of global communications service for the "internet of things," and Irish telecom provider VT Networks, announced the nationwide availability of the Sigfox IoT network across Ireland.
The firms said that...
The French Internet of Things firm expects to connect 1 million devices across the country by 2017
French provider of global communications service for the Internet of Things (IoT), and Irish telecoms provider VT Networks, announced the nationwide availability of the Sigfox IoT network across...
OpenCloud touts "the power of open." Being open is an important concept, but is not necessarily a new topic. Consider the context in which "open" plays a role in this specific discussion.
Networks today are pretty much standardized. Although services are different from a packaging...
European operator taps NFV to deploy virtualized LTE stack
Telekom Austria Group reported that its Serbian subsidiary Vip demonstrated what it claims is the first fully virtualized LTE stack in a live network supporting data, voice and IP multimedia subsystem services. The service tapped into...
Telekom Austria has announced a partnership with Porsche Holding Salzburg in order to provide a broader solution set in the telematics arena. The machine-to-machine space isn’t new for Telekom Austria, which created a separate division to focus on M2M more than four years ago.
Early last fall I...
An interesting LTE race is brewing in Slovenia, primarily between Telekom Austria and Telekom Slovenije — or whoever winds up buying a majority stake in the state-owned Telekom Slovenije.
Slovenia was a bit slow off the LTE mark in auctioning off its “digital dividend,” the sub-1GHz...
Claudia Bacco, Managing Director – EMEA for RCR Wireless News, has spent her entire career the telecom, IT and security. Having experience at an operator, software and hardware vendors and as a well-known industry analyst, she has many opinions on the market. She’ll be...
Four years ago Telekom Austria created a separate organization to focus on M2M. What had started as an opportunistic business focused on meeting customers’ needs by using existing products and customizing them as required had grown to justify standing on its own two feet.
Now...
Telekom Austria reported a net loss of $401 million in the first half of 2014. The Vienna-based telecom, which is now controlled by billionaire Carlos Slim's América Móvil, blamed the decline on economic problems in central and eastern Europe, regulatory problems and an accounting error.
Telekom...
French telecom operator Orange showed more signs of stabilizing when it released results for the first half of 2014 . To keep its momentum, the telecom upped its cost cutting goal to about $402 million from its previous goal of $334 million.
Orange posted revenues...
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...
The Orange Group has named Ramon Fernandez, the current director general of the French treasury, as its next CFO. Fernandez will start his new position on Sept. 1. The current CFO, Gervais Pellissier, will take over the management of Orange's European Zone, which also...
Despite suffering from slow sales and tough competition in Europe, Vodafone Group said it was still looking to invest in its mobile network.
When the London-based carrier reported earnings for its fiscal year ending March 31, it noted $11.1 billion in “impairments” from its operations...
In reaching a relatively stable first quarter, France's leading carrier, Orange, believes that the French telecom price war is finally coming to close.
“This quarter is satisfying for us especially as the margin stabilizes,” Orange finance chief Gervais Pellissier told Businessweek. “Orange’s profitability has been under pressure since 2009, with prices slashed and...
TeliaSonera, the dominant carrier in Sweden and Finland, saw its profits slip as mobile sales continued to slow. Sales for the carrier's main mobile unit decreased by 3.5% to $3.64 billion. Net income fell 4% to $600 million in line with analyst estimates.
“Our markets continue...
Spanish telecom giant Telefónica will provide wireless Internet connections for the high-end electric car the Tesla S in Europe ― and reportedly its getting paid millions to do it. While the carrier showed off the car at the Mobile World Congress event in February,...
Mexican billionaire Carlos Slim is continuing his quest to increase América Móvil’s (AMX) share of the European market, intensifying its rivalry with Telefónica. In the latest chapter of AMX's effort to achieve a 28% stake in the Netherlands-based telecom company KPN NV, AMX announced...
América Móvil said it has entered into an agreement with Marathon Zwei Beteiligungs GmbH, a wholly owned subsidiary of RPR Privatstiftung, to acquire approximately 21% of the outstanding shares of Telekom Austria, which counts 20.3 million wireless subscribers and 2.6 million fixed lines.
If approved,...
Service providers that prioritize opportunities, place their teams properly, participate knowledgeably in the supply chain, form partnerships effectively and establish credible personae are bound for success in the machine-to-machine services market.
Telekom Austria | August 17, 2011 | Press Release
Vienna, 17 August 2011: Today, the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announced that the supervisory board of Telekom Austria Group has decided yesterday to extend the contract of Hans Tschuden for the period...
Telekom Austria | August 10, 2011 | Press Release
Vienna, August 10, 2011: Telekom Austria Group has announced that new evidence exists about irregularities concerning the IPO stock option program of 2004. Precisely it is about the statement of a staff member, who confessed to...
