CTIA 2013: Telit launches multi-constellation satellite receiver

M2M specialist Telit has launched a new “multi-constellation receiver” module designed to support positioning and navigation applications on wearable and handheld devices.

The module – the Jupiter SE868-V2 – is aimed at a variety of vertical markets, including the automotive, commercial, industrial and consumer sectors.

Exclusive: EU threatens trade duties against China's Huawei, ZTE - sources


The European Commission plans to send a formal warning to China that it is ready to levy trade duties against telecoms equipment makers Huawei Technologies Co Ltd and ZTE Corp over what it says are illegal subsidies, people close to the matter said.

EU trade chief Karel De Gucht is set to win support from the bloc's executive on Wednesday to send the warning letter and show China's new president, Xi Jinping, that Brussels is serious about countering what it says is state support.

VimpelCom net income boosted by cost-cutting program

VimpelCom has reported strong gains in first-quarter profits thanks to cost-cutting measures and a steady top-line performance.

Owned by Mikhail Fridman – the Russian billionaire – and Norwegian telecoms incumbent Telenor, the operator saw net income rise by 28%, to $408 million, compared with the same period last year, with revenues flat at $5.6 billion.

“These results demonstrate further progress on our Value Agenda and we remain on track to achieve our longer-term objectives,” said Jo Lunder, the chief executive of VimpelCom (Amsterdam, Netherlands).

Vivendi, Bouygues report weak earnings on telecoms setbacks

French industrial groups Bouygues and Vivendi have reported weak first-quarter results as their telecoms subsidiaries continue to struggle in the competitive French market.

Sales at Bouygues Telecom fell by 16%, to €1.15 billion ($1.48 billion), compared with the first quarter of 2012, while earnings before interest, tax, depreciation and amortization (EBITDA) were down by 28%, to €212 million.

Bouygues (Paris, France) swung to a net loss of €42 million from €35 million a year earlier on account of the telecoms setbacks.

SingTel profit slumps 33% on Warid Pakistan losses

Singaporean telecoms incumbent SingTel has reported a sharp fall in quarterly profits owing to losses booked on the sale of its stake in Pakistani operator Warid.

The operator said net income dropped by 33%, to S$868 million ($696 million), for the three months ending March 2013 due to the loss of S$225 million resulting from the sale of Warid.

Comparison with results in 2012 also looked unfavorable due to an exceptional tax credit of S$270 million booked in the final quarter of the previous financial year.

Verizon Wireless to pay parents surprise $7 billion dividend


Verizon Wireless, the biggest U.S. mobile service provider, said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June, surprising some analysts who had not expected a big payout.

The dividend comes amid mounting speculation Verizon (New York City, NY, USA) could buy Vodafone's stake in the venture if they can agree on a price. Reuters reported on April 24 that Verizon was preparing a $100 billion bid for the stake but investors have said they expect Vodafone (Newbury, UK) to seek a higher price.

Nokia's market share slumps in first quarter: Gartner


Nokia, battling to keep up with Samsung and Apple in the global phone race, lost almost 5 percentage points of market share in the first quarter, research company Gartner said on Tuesday.

Overall global sales figures for mobile phones rose 0.7 percent in the first three months of the year, driven by demand for smartphones and strong growth in the Asia Pacific region which helped to offset much weaker sales elsewhere.

Asia smart-grid revenues to grow threefold by 2018: Frost & Sullivan

Asia’s burgeoning smart-grid market is expected to generate $15.83 billion in revenue in 2018, up from just $5.4 billion in 2012, as demand response and energy management systems grow in popularity.

The forecast comes from Frost & Sullivan, which also believes that “Southeast Asia’s desire to switch to smart grids” will fuel smart-grid sales over the next six years.

The market-research company says Asia’s smart-grid market has already been given a huge boost from the rollouts of advanced metering infrastructure in Australasia and smart city projects in North Asia.

UK smart meter program delayed

UK authorities have extended the deadline for installing smart meters in homes and businesses throughout the country, and delayed the start of the program by a year.

Utility companies were originally expected to have finished installing smart meters in the UK’s 30 million homes by the end of 2019, but will now have until the end of 2020 to complete the rollout.

Moreover, the £11.7 billion ($17.9 billion) program is now scheduled to start in the autumn of 2015 instead of the summer of next year.

Telefonica and Dell partner on M2M-based mobile data service

Telefonica has teamed up with PC maker Dell to provide a ‘pay-as-you-go’ mobile broadband service for laptop and tablet computers equipped with M2M SIMs.

Under the Dell (Round Rock, TX, USA) NetReady service, consumers in Europe will be able to use 3G services on various Windows 7 and Windows 8 devices through an on-demand service.

The companies say the offer is aimed at companies that want to provide their employees with “fast and reliable connectivity, anytime and anywhere, paying only for what they need”.

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