STOCKHOLM (Reuters) - A recovery in Ericsson's <ERICb.ST> network equipment business pointed to strong results for the rest of the year, propelling its shares toward their biggest daily gain in more than three years.
In China, Ericsson is selling equipment for a massive rollout of fourth-generation mobile networks. In developed markets, it is benefiting from capacity upgrades as network operators cope with a surge in mobile data traffic.
Ericsson expects recent contract wins to boost revenue during the second half of the year.
More people than ever are using 4G-LTE networks, and this influx of smart devices, machines and appliances connected to the Internet will cause extra traffic, and strain the capabilities that draw consumers to a new network in the first place.
By 2017, according to a recent report by Pyramid Research, the number of LTE subscriptions worldwide will reach 802.2 million, a 72% CAGR over 2012 levels, growing to almost 10 percent of global mobile subscribers.
Beijing, May 28, 2014 / CEI / -. "Currently, China Mobile, which owns 780 million users, the majority are still using 2G phones," China Mobile chairman Xi Guohua said at the shareholders meeting, the need to push customers to upgrade 3G and 4G, last year the company data flow and therefore the amount of explosive revenue growth. China Mobile CEO Li Yue introduced by Tencent micro-channel business impact, short message service first four months of the company fell more than 20%.
GM says it will next month launch a new range of vehicles capable of connecting to the internet over the 4G network of AT&T.
Customers will be able to use services free of charge for a three-month period or up to a three-gigabyte limit, after which they can take out a data plan starting from $5 a month.
The 2015 Chevrolet Malibu is to the be the first LTE-equipped vehicle and will be followed by more than 30 other Chevrolet, Buick, GMC and Cadillac vehicles by the end of the year, said the carmaker.
UK-headquartered Vodafone is reported to be in discussions with movie-streaming player Netflix about a tie-up that would allow the operator’s customers to watch films and TV shows on smartphones as part of their monthly tariff.
According to Bloomberg, the arrangement would allow customers to stream content without paying a separate fee to Netflix (Scotts Valley, CA, USA) for a set period of time.
The top U.S. telecommunications regulator on Thursday reasserted his commitment to helping smaller national wireless carriers get access to valuable lower-frequency airwaves in the upcoming spectrum auction.
Federal Communications Commission Chairman Tom Wheeler, in a letter to Representative John Barrow, reaffirmed his plans to restrict how much spectrum the biggest U.S. carriers, Verizon Communications Inc (New York City, NY, USA) and AT&T Inc (Dallas, TX, USA), could buy in the auction scheduled for mid-2015.
A dismal response in this week's auction for next-generation cellphone spectrum licenses means cash-strapped Pakistan will struggle to fund its budget this year, finance and IT ministry officials and telecom industry executives told Reuters.
Pakistan is set to hold long-awaited auctions for 3G and 4G network licenses on April 23, a step the government projects will raise $2 billion to boost foreign reserves.
But officials said there has been scant interest in Monday's bidding process and estimate Pakistan will raise no more than $850 million.
DigitalRoute and MetraTech have teamed up to help communications service providers with the monetization of next-generation services, including M2M and Intenet of Things (IoT) applications delivered over LTE networks.
The companies say they are already providing cloud-based metering, charging and billing services to a North America tier-one customer and aim to expand their offerings for other players as technologies like software-defined networking (SDN) and network functions virtualization (NFV) gain traction.
M2M hardware player u-blox says its new 4G LTE module has been certified for use on the network of US telecoms giant Verizon Wireless.
The Swiss company says certification opens the door to the development of M2M services and applications that will function on one of the country’s biggest 4G networks.
Customers will from now on be able to design the TOBY-L100 LTE module – as it is called – into devices operating on Verizon’s (New York City, NY, USA) LTE system.