The two conference sessions addressed questions about enterprise applications in the exploding field of M2M, or the Internet of Things. Moderated by Beecham Research CEO Robin Duke-Woolley, the sessions covered topics such as Long Term Connectivity, Small Vs Large Deployments, and Customer Service.
Scandinavian operator TeliaSonera has unveiled details of a restructuring aimed at improving its focus on customers and making it a more transparent organization from a corporate-governance perspective.
As a result of the new structure, TeliaSonera (Stockholm, Sweden) will split operations into three geographical divisions addressing needs in Europe, Eurasia and Sweden, its domestic market.
German software giant SAP has announced plans to expand its strategic partnership with China Telecom into the field of cloud computing.
Under the agreement, China Datacom – a joint venture between SAP and China Telecom subsidiary China Communication Services (CCS) – will offer SAP’s cloud services to businesses in China.
According to SAP’s statement, CCS will also become the first local customer of SAP’s cloud services.
Portugal Telecom has reported drops in revenue and earnings for the three months ending September due to the weakness of the Brazilian real and a slump in domestic sales.
The Portuguese incumbent flagged an 11.3% fall in operating revenues, to €1.45 billion ($1.95 billion), and said net income plummeted by 66.4%, to just €21 million, between the third quarters of 2012 and 2013.
Portugal Telecom (Lisbon, Portugal) said its performance in its domestic market continued to be affected by intense competition and poor macroeconomic conditions.
South Africa’s Vodacom has reported a rise in revenues and earnings over the first six months of the year on the back of growth at its international operations and improved trends in its domestic market.
Majority owned by the UK’s Vodafone (Newbury), the operator said revenues were up by 6.6%, to ZAR36.7 billion ($3.55 billion), compared with the same period in 2012, while earnings before interest, taxation, depreciation and amortization rose by 9.6%, to ZAR13.2 billion, over the same period.
Mobile phone usage contributes more to the economy in Africa than to any other region in the world, according to new research from the GSM Association (GSMA).
The industry body reckons mobile accounts for more than 6% of Africa’s GDP and expects this figure to rise to about 8% by 2020.
Last year, it says, the mobile industry supported some 3.3 million jobs and contributed $21 billion to public funding in the region, including license fees, but it looks set to employ 6.6 million men and women and contribute $42 billion to public funding by 2020.
French telecoms and media conglomerate Vivendi says it has reached a €4.2 billion ($5.67 billion) deal with Etisalat over the sale of its 53% stake in Maroc Telecom.
The transaction still requires sign-off by regulatory authorities but Vivendi (Paris, France) is confident of concluding the sale by early 2014.
The French company describes the deal as a part of its strategy to refocus activities around media and content and away from telecoms.
Saudi Telecom has flagged a sharp increase in quarterly profits thanks to the implementation of new cost-cutting measures, and says it is considering the sale of further assets to improve its fiscal position.
The Saudi Arabian incumbent reported a 73% increase in net income for the third quarter, to SAR3.39 billion ($904 million), compared with the same period a year earlier, while revenues for the first nine months of the year edged up by 2.5%, to SAR34.3 billion.
UK-headquartered mobile operator Vodafone is reported to be seeking approval from authorities to take full control of its India business, in which it currently holds a stake of 64.4%.
According to a report from Dow Jones, the operator has sought permission from India’s Foreign Investment Protection Board to buy remaining shares in the company in a deal likely to cost around $1.65 billion.
Bharti Airtel Ltd's better-than-expected operating performance and higher margins reinforced expectations that India's long-suffering mobile phone services market is turning the corner even as the market leader reported its 15th consecutive quarter of declining profit.
Bharti (New Delhi, India) shares were trading up 3.5 percent at 353.70 rupees in morning trade after rising as much as 5.5 percent in a Mumbai market that was up 0.2 percent.