BERLIN (Reuters) - Germany has approved Canadian smartphone maker Blackberry's planned acquisition of Secusmart, the encryption technology of which is used to protect the mobile devices of top politicians including Chancellor Angela Merkel.
The deal is part of new Chief Executive John Chen's effort to enhance Blackberry's appeal for security conscious clients such as government agencies as it seeks to regain ground lost to Apple's iPhone and rival devices powered by Google's Android operating system.
BARCELONA (Reuters) - Telefonica would have to consider its options regarding its UK presence, including a sale of the O2 business, if more of the market moves to bundling fixed and mobile telecom services, a top executive said on Thursday.
Telefonica, which bought O2 in 2006, has said the UK business remains core but has not ruled out asset sales to meet a year-end debt target of below 43 billion euros (34.37 billion pounds).
WASHINGTON/MEXICO CITY (Reuters) - AT&T Inc agreed to pay $1.7 billion to acquire Mexico's third-largest wireless operator, Iusacell, as it seeks to grab a slice of a market with lower cellular penetration than the United States and faster potential growth.
Mexico's government earlier this year implemented reforms to shake up its telecom and broadcast market by weakening the dominance of broadcaster Grupo Televisa and billionaire Carlos Slim's cellphone and fixed-line company America Movil.
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BAGHDAD (Reuters) - Iraq’s mobile phone network operators have agreed to pay $307 million each for radio spectrum, enabling them to launch higher-speed 3G mobile internet services in the war-torn country in two months, a senior official at the national regulator told Reuters.
Iraq is one of the few Middle East countries still reliant on 2G networks, which mostly carry voice calls and SMS texts and only the most basic online services, while fixed line internet connections are expensive and unreliable.
WASHINGTON (Reuters) - When Marcelo Claure took the top job at Sprint Corp two months ago, he faced an uphill climb in turning around the No. 3 U.S. cellular provider. On Monday, it became clear quite how steep that road to recovery will be.
The Bolivian entrepreneur, who was installed as CEO after the collapse of merger talks with T-Mobile US Inc, already faced the task of stemming growing subscriber defections as the company seeks to upgrade its subpar network.
WASHINGTON (Reuters) - Verizon Communications and AT&T Inc expect to be able to transmit wireless voice calls between the two carriers over high-speed data networks by 2015, the companies said on Monday.
The technology is expected to improve the quality of calls and allow for video calling and voicemail.
The calls would be transmitted using a technology known as Voice over LTE, which repackages voice calls as data and transmits them over carriers' high-speed data networks.
DUBAI (Reuters) - Nigerian phone tower group IHS has raised $2 billion in equity and $600 million in debt in what it says is the biggest equity fund raising by an African company this decade.
IHS, the continent’s largest tower company, will use the money to finance infrastructure spending and recently agreed acquisitions, according to a company statement on Monday.
It said the equity funding was from new and existing shareholders, but did not provide further details.
TOKYO (Reuters) - Japan's wireless network providers are to lift restrictions on which network their subscribers can use, the government said, demanding that all smartphones and tablets to be sold with their SIM cards unlocked upon customers' request starting next year.
The Ministry of Internal Affairs and Communications said on Friday that all smartphones and tablets are to be sold with their SIM cards unlocked if customers ask for it and at no cost to users, from May 2015.
SAO PAULO/MILAN (Reuters) - Brazil's Grupo Oi SA, Mexico's America Movil SAB and Spain's Telefonica SA agreed to place a joint bid worth around 32 billion reais ($13 billion) for TIM Participações SA, two sources with direct knowledge of the matter said on Friday.
The companies agreed to present a single offer to minority shareholders and Telecom Italia SpA, which owns about 67 percent of TIM Participações, Brazil's No. 2 wireless carrier, said the first source, who requested anonymity as the deal is still in the works.