Croatian authorities have raised 300 million kuna ($52 million) from the sale of 800MHz spectrum to T-Hrvatski Telekom and Vipnet, both of which already operate networks in the country.
Each company has paid a fee set by regulatory body Hakom of 150 million kuna for 10MHz of paired spectrum, and will be required to cover at least 50% of Croatia within five years of a starting date Hakom has yet to specify.
Third-quarter earnings results from MetroPCS have provoked a mixed reaction, with growth in net income and revenues but a fall in average revenue per user (ARPU) and accelerating customer losses.
Net income for the fifth-biggest mobile-phone operator in the US was $193 million, compared with $69 million during the same period last year, but included a securities settlement of $53 million.
Total revenues grew by 4% to $1.26 billion.
T-Mobile Austria could slash investment or even withdraw from the country if it is not allowed to compete with rivals that get frequencies needed for fourth-generation LTE mobile products, CEO Andreas Bierwirth told a newspaper.
The Deutsche Telekom (Bonn, Germany) unit is Austria's second-biggest mobile provider after Telekom Austria. Two smaller rivals - France Telecom SA's Orange (Paris, France) and Hutchison's H3G (Hong Kong) - are trying to merge in a deal that is under regulatory review.
Power outages and flooding caused by Hurricane Sandy disrupted telecommunications services in Northeastern states on Tuesday, resulting in spotty coverage for cellphones, television, home telephones and Internet services.
While all the region's telecom service providers were having problems, Verizon Communications (New York, USA), which serves many of the states in the hurricane's path, may have suffered some of the worst damage from the storm to its wireline network.
Under-fire Chinese telecoms equipment vendor Huawei Technologies Co Ltd is reaching out to one of its sternest critics: a hacker who accused it of making shoddy products.
John Suffolk, the company's global cybersecurity chief, told Reuters at a cybersecurity conference in New Delhi that he was sending a team of engineers to talk to German security researcher Felix Lindner, who has exposed vulnerabilities in the company's routers, from its $100 home Internet devices to multi-million dollar equipment run by telecommunications companies.
Japan's Softbank said on Wednesday it plans 700 billion yen ($8.8 billion) in capital expenditure in the year to next March 31.
Softbank (Tokyo, Japan), which announced this month it would buy a 70 percent stake in Sprint Nextel Corp, the third-largest U.S. carrier, said it plans capex of 550 billion yen ($6.9 billion) in following year to March 2014.
(Reporting by Mari Saito; Editing by Michael Watson)
General Motors has topped a new ranking of OEM safety and security telematics vendors, beating Ford into second place and Toyota into third.
The company’s OnStar solution was ranked number one in a Competitive Assessment carried out by ABI Research.
ABI scored General Motors (Detroit, USA) highly for the range of OnStar features as well as its market share, quality and reliability.
The market for smart grid technologies that help to integrate renewable energy sources is to generate just under $13 billion in 2018, up from only $3.8 billion in 2012, according to a new study from Pike Research.
Utilities and grid operators are investing millions of dollars in lowering the costs of integrating renewables generation, but these efforts have so far had mixed fortunes.
M2M vendor Numerex has reported impressive gains in third-quarter earnings and revenues due to rising demand for its subscription-based security, asset tracking and monitoring services.
The company claimed a 32% year-on-year increase in net profit, before the inclusion of income-tax benefits, to $987,000, while overall revenues grew 17% to about $17.7 million.
Inmarsat and SkyWave claim to have sold 12,000 of their IsatData Pro terminals – aimed at satisfying M2M needs in the transportation, oil and gas, utilities and mining sectors – so far this year.
The companies have designed the terminals to work on Inmarsat’s global L-band satellite network and say it is ideal for a wide range of enhanced M2M applications, including SCADA (Supervisory Control and Data Acquisition) communications for systems that monitor gas pipelines and oil wells, as well as telemetry and fleet-management services.