RIM considers splitting business in two

Reuters

BlackBerry maker Research in Motion (RIM) is considering splitting its business in two, separating its struggling handset manufacturing division from its messaging network, The Sunday Times reported.


RIM (Ontario, Canada), which last month hired JP Morgan and RBC Capital to look at its strategic options, could break off its handset division into a separate listed company or sell it, the British newspaper said without citing sources.

KPN shares drop after Slim takes 21%

Reuters

KPN shares fell almost 5% on Friday as investors dumped stock after Mexican billionaire Carlos Slim's telecom group America Movil increased its stake in the Dutch company to 21%, part of a strategy to increase Slim's presence in Europe.


Slim's America Movil, which has already obtained a stake in Telekom Austria, increased its KPN ownership to 21% on Thursday and has said it wants to obtain a maximum of 27.7%.

Alcatel-Lucent wins broadband expansion with China Telecom

As the Chinese government steps up ‘Broadband China’, its program to provide high-speed broadband connections to more than 250 million households in urban and rural locations by 2015, Alcatel-Lucent announced that it has signed an agreement with China Telecom to deploy its IP/MPLS 7750 Service Router (SR) portfolio.

China telecom firms may be selling subsidized equipment in U.S.

Reuters

Two of China's top telecommunications companies may be selling subsidized gear in the United States, and legislation could be proposed to deal with any related national-security threat, the head of the U.S. House of Representatives' Intelligence Committee said on Thursday.


The committee is investigating what some U.S. officials suspect are close ties between the Chinese government and each of the firms, Huawei Technologies Co Ltd (Shenzhen, P.R.C.) and ZTE Corp (Shenzhen, P.R.C.).

Latin America will have over 50 million 4G subscribers by end of 2017

Latin America will account for 51 million 4G subscribers by the end of 2017, according to the most recent report published by Maravedis-Rethink, a provider of market intelligence and advisory services.

ZTE to increase US purchases to $9 billion over 3 years despite recent scrutiny

Reuters

ZTE Corp, the world's fifth largest telecom equipment vendor, plans to increase its purchases from the United States by around 10% annually to over $9 billion in the next three years, an executive said on Wednesday.


The increase in purchases comes at a time when ZTE (Shenzhen, P.R.C.), along with bigger Chinese rival Huawei Technologies Co Ltd (Shenzhen, P.R.C.), is under scrutiny of U.S. lawmakers and industry executives on security and subsidy issues.

Carrier Wi-Fi equipment market to grow eightfold to $2.2 billion by 2017

Global revenue for carrier Wi-Fi access points and controllers will reach $2.2 billion in 2017 to reach a level equivalent to almost one-half of the traditional enterprise or consumer Wi-Fi segments in the same period, says research firm ABI Research.

The majority of the total market in 2011 was accounted for by Cisco, Ruckus Wireless, and Ericsson/BelAir, and as traditional mobile infrastructure vendors add Wi-Fi to their portfolios, these early market share rankings will fluctuate.

KPN weighs risky poison pill to rebuff Carlos Slim

Reuters

KPN may unleash a risky "poison pill" defense to stop the bid by Mexican tycoon Carlos Slim for more than a quarter of the Dutch telecom operator, if only to buy time for a side deal with Telefonica that it thinks better values its assets and bolsters its independence.

Broadband passes 600 million subscribers worldwide

According to the latest figures published by the Broadband Forum and prepared by broadband industry analysts Point Topic, the global total of broadband subscribers soared to over 600 million in the first quarter of 2012, indicating a further acceleration in growth as over 100 million new lines were added (20% of the total) in less than 18 months.

France Telecom wants to keep stake in UK venture

Reuters

The French and German owners of Britain's largest mobile operator, Everything Everywhere, are not interested in selling and have enough cash to invest in the business, France Telecom's chief executive said on Thursday.


Investment banking sources had told Reuters last week that former chief executive Tom Alexander approached private equity groups six months ago to gauge interest in a $12.6 billion offer for the France Telecom (Paris) and Deutsche Telekom (Bonn, Germany) joint venture.

Syndicate content