BANGKOK (Reuters) - Thailand's telecoms regulator on Wednesday has extended auction time for two licenses of fourth generation (4G) mobile spectrum after almost 10 hours of bidding that pushed up a combined prices to more than 49 billion baht ($1.37 billion).
Thailand's top mobile operators have bid aggressively to win licenses for bandwidth on the 1800 MHz frequency with base prices of 15.91 billion baht per license.
STOCKHOLM/FRANKFURT (Reuters) - Slowing demand for new mobile networks in China pushed third quarter sales and profit for Sweden's Ericsson below forecasts and reinforced concerns that another major growth market had passed its peak.
Like-for-like sales at Ericsson, the world's biggest maker of mobile telecoms network equipment, dropped 9 percent in the third quarter, with declines in China and Europe.
It has been estimated that there will be no less than 50 billion connected devices online by 2020. Before the promise of billions of connected devices sharing information can be realized, there is the question of how, exactly, most of these devices will be connected. Internet of Things (IoT) solution providers and those supplying them are keenly interested in the answer since it will help determine how those solutions and their components are architected. Will specialized networks be built, or will an existing technology, such as Wi-Fi, LAN, satellite or cellular, fill the void?
LITTLE FALLS, New Jersey, September 9, 2015 - wireless backhaul specialist Ceragon Networks Ltd. today announced that three large North American mobile operators, all existing Ceragon customers, are deploying its IP-20 platform for their separate 4G network expansion and modernization projects.
ANKARA (Reuters) - Turkey's auction of 4G mobile phone frequencies lured a higher than expected 3.96 billion euros ($4.5 billion) worth of bids, the agency running the process said on Wednesday, showing the appeal of Turkey's youthful and growing market.
The bids from Britain's Vodafone, and Turkish duo Avea and Turkcell, the only three operators in Turkey, will be subject to an approval process before a final decision on allocations is made.
STOCKHOLM/FRANKFURT (Reuters) - Ericsson, the world's No.1 mobile network equipment maker, topped second-quarter sales and profit forecasts and said its mainstay North American business had stabilized after three quarters of declines, lifting its shares as much as 6 percent.
Mobile operators in North America, which accounts for about a quarter of Ericsson's turnover, have largely finished building out the latest 4G networks, meaning suppliers are having to focus on upgrading congested parts of existing networks there.
SAO PAULO (Reuters) - Nextel operator NII Holdings Inc is stepping up investment in Brazil to expand its tiny share of the mobile telephone market and has no plans to sell out despite an economic slowdown, its chief operating officer said.
The downsized company will plow into Brazil a good part of the resources generated by the recent $1.8 billion sale of its Mexican operations to AT&T, NII Holdings COO and Nextel Brazil president, Gokul Hemmady, told Reuters.
COLOGNE, Germany (Reuters) - Deutsche Telekom will consider any partner that can improve profitability at its U.S. operations, its chief executive told the company's annual shareholders meeting.
Chief Executive Tim Hoettges said on Thursday T-Mobile US, of which Deutsche Telekom owns 66 percent, was in much better shape than two years ago.
"But it is our duty to go on improving the return on T-Mobile US," he added. "If we find a partner who will help us to do so, we will obviously consider it."
BEIJING (Reuters) - China will spend more than $182 billion to boost Internet speeds by the end of 2017, a top government body said, as Beijing moves towards a more service-driven economy to boost growth.
The State Council said the government will invest more than 430 billion yuan ($69.3 billion) this year on network construction, with at least another 700 billion yuan ($112.8 billion) spent over the following two years.
The goal is to accelerate the development of fiber optic broadband and high speed 4G mobile networks, the governing body said on its website.
LONDON (Reuters) - Britain's Vodafone posted a rise in quarterly sales for the first time in nearly three years on Tuesday in the clearest sign yet that Europe's mobile market is edging towards recovery.
The world's second largest mobile operator has been hit hard by the constraints on consumer spending in its big European markets, fierce competition in India and by regulator-imposed price cuts around the world.
But on Tuesday it finally forecast 2016 core earnings growth on an organic basis following seven straight years of declines.