Chinese equipment maker Huawei expects its revenues to grow at a compound annual rate of 10% over the next five years, despite the current slowdown in the equipment market and its difficulties in the US.
Huawei (Shenzhen, China) provided the forecast after reporting that net profit for 2012 was 32% higher than for 2011, at RMB15.4 billion ($2.48 billion), with revenues up 9%, to RMB220.2 billion.
“In 2012, Huawei met business performance expectations through improved operational efficiency,” said Guo Ping, Huawei’s rotating and acting chief executive.
Telecom Italia is reportedly in discussions about merging its mobile-phone unit with that of local rival 3 Italia in a deal that could boost the fortunes of both flagging businesses.
Talks are reportedly at an early stage, and few details have emerged on the precise nature of any tie-up, but analysts cited in several press reports have estimated that 3 Italia (Rome, Italy) could be worth between €1.5 billion ($1.95 billion) and €2 billion.
One option could be a takeover of the Hutchison Whampoa-owned operator by Telecom Italia (Rome, Italy) in an all-share deal.
Deutsche Telekom AG is looking into improving the terms of a proposed merger of its T-Mobile USA unit with MetroPCS Communications Inc as a last resort to win over shareholders ahead of a vote on the deal next week, two people familiar with Deutsche Telekom's thinking said on Thursday.
The board of the Bonn-based company is divided on whether to sweeten the terms of the cash and share deal to secure approval at a MetroPCS (Richardson, TX, USA) shareholder vote on April 12 and is hoping it could still avoid any change, the people said.
Vodafone is in talks with Deutsche Telekom on a wholesale deal that would allow the British company to offer its German customers TV over superfast broadband, a person familiar with the situation said.
Vodafone (Newbury, UK), traditionally a mobile-only company which has to rent fixed lines in some markets to offer broadband, has come under pressure from investors and analysts to show how it can compete with cable TV groups and telecom firms who can lure customers with a combined offer for mobile, fixed calls, broadband and TV.
Tele2 has told the UK’s Financial Times newspaper that it will seek further acquisitions after negotiating the sale of its Russian subsidiary to VTB, a state-controlled bank, earlier this month.
VTB (Moscow, Russia) paid $3.5 billion for the company after MTS (Moscow, Russia) and Vimpelcom (Moscow, Russia), Tele2’s biggest mobile rivals, had teamed up to offer as much as $4.25 billion.
Xavier Niel, the founder of French mobile-phone upstart Iliad, has suggested the operator may be preparing to launch 4G services during an interview with the Europe1 radio station.
“We will try to provide a surprise one day,” he is quoted as saying by Dow Jones Newswires.
The operator has been advancing rapidly in the 2G and 3G markets since launching services in early 2012 at a fraction of the prices charged by the country’s incumbents.
Verizon has rebuffed reports that it is planning a joint bid with AT&T for UK operator Vodafone.
Earlier this week, the UK’s Financial Times newspaper cited “usually reliable people” as saying that AT&T (Dallas, TX, USA) and Verizon (New York City, NY, USA) were preparing a complex $245 billion bid that would see Verizon take full control of Verizon Wireless – its mobile joint venture with Vodafone (Newbury, UK) – while AT&T acquired the rest of Vodafone’s assets.
India’s Ambani brothers have come together on a network-sharing deal that represents their first collaboration since the Ambani business empire was divided between them in 2005.
Under a contract signed this week, Anil Ambani’s Reliance Communications (Mumbai, India) will share its fiber-optic network with Mukesh Ambani’s Reliance Jio Infocomm (Mumbai, India) in exchange for a one-off payment of INR12 billion ($220 million).
Reliance Communications will also be allowed to use the infrastructure of Reliance Jio Infocomm.
Scandinavian operator TeliaSonera has given up on attempts to sell Yoigo, its Spanish subsidiary, indicating that offers it has received do not match its own valuation of the business.
“Yoigo [Alcobendas, Spain) has great potential for further development, but as its market strategy does not quite match our other operations, we have been prepared to divest it if we were offered a price which fully reflects its future potential,” said Per-Arne Blomquist, the chief executive of TeliaSonera (Stockholm, Sweden), in a statement.
Geo IoT is anticipated to move well beyond simply the ability to determine proximity for commerce and various retail applications. Longer term, presence detection and location determination will be a critical aspect of IoT privacy, security, and preference management for both consumer and industrial applications.
Analysis of the DAS market, including carrier WiFi, small cells, and SON, and the leading companies in the DAS ecosystem and their solutions. The report also includes evaluation of market drivers, challenges, and provides forecasts for 2016 to 2021.
Comprehensive coverage of NGN OSS/BSS including opportunities within Big Data and IoT, analysis of the drivers and issues related to the technical and business aspects of OSS/BSS, deployments and operations issues, and quantitative analysis with forecasts for anticipated growth through 2021.