Vodafone and O2 will share a network in Britain to cut the cost of building a new superfast service, leading the way in a likely shake-up of a sector that is battling falling revenues and high investment costs.
Europe's telecom sector is chasing ways to meet the rising cost of keeping pace with technological advances and customer demands, with tie-ups and co-operation deals the order of the day; the arrival of emerging markets billionaire Carlos Slim on the European telecom scene is also ramping up the pressure for consolidation.
Spanish telecoms giant Telefonica has signed an agreement with China Unicom to sell almost half its stake in the company back to China's second largest telecom operator, Telefonica said in a stock market notice on Sunday.
The sale will allow heavily indebted Telefonica (Madrid) to "increase its financial flexibility", the statement said. The Spanish firm will remain a key shareholder in China Unicom (Beijing, P.R.C.) by holding onto a 5.01% stake in the company.
The global 2G, 3G, and 4G equipment market decreased 14% to just under $10 billion in the first quarter of 2012 following an 8% increase the previous quarter, reports market research firm Infonetics Research in its new report.
KORE Telematics, a wireless service provider specializing in machine-to-machine (M2M) communications, on Thursday announced the availability of its Quickstart Program for Huawei's Evaluation Kits. Designed specifically for the developer community, the KORE Quickstart Program enables companies to more quickly and easily bring new M2M solutions to market on the KORE network.
Echelon Corporation, a provider of energy control networking for smart grid, smart city and smart building applications, on Wednesday announced the availability of new Control Operating System (COS) software for its smart meter portfolio that allows smart meters to be upgraded in the field to function as multi-parameter grid sensors, in addition to serving as billing devices.
Axeda Corporation, a cloud platform provider for M2M and connected devices, and Multi-Tech Systems, a provider of M2M communications products and services, on Monday announced a new alliance that will further reduce the cost and complexity of bringing complete machine-to-machine (M2M) services to market.
Alexander Dennis, the UK's largest bus and coach manufacturer, has announced that Traffilog, a web-based telematics provider, will be installed in their public service vehicles in time for the 2012 Olympic Games. Traffilog has also been selected by Kings Ferry, the UK coach operator, to secure its fleet of coaches they are supplying for the police and VIPs during the Games.
Half the world will have access to 4G mobile networks by 2017 providing the high-speed Internet access needed to download videos and play games on smartphones, Ericsson said in a report on the telecoms market on Tuesday.
Leap Wireless International Inc will be the first U.S. provider of prepaid mobile services to sell the Apple Inc iPhone, potentially putting pressure on its much bigger rivals to provide cheaper phone or service prices.
The regional operator, which caters to cost-conscious customers who pay phone bills in advance, is joining its much bigger national rivals Verizon Wireless (New York), AT&T Inc (Dallas, Texas, USA) and Sprint Nextel Corp (Overland Park, Kan., USA) in selling the popular device.
Last week at the World Economic Forum on East Asia in Bangkok, Alcatel-Lucent said by the end of the decade Asia will need to invest $1.1 trillion in its telecom infrastructure to compete in the digital economy.
According to the telecom equipment provider, over the past five years, Asia has added 1.5 billion additional mobile subscribers; yet still more than 25% of Asians live without basic mobile services. Over the next five years governments and business will need to add another 1.3 billion mobile subscribers to bridge the gap, says Alcatel-Lucent (Paris).