Indian telecoms authorities are planning to introduce new rules on mergers and acquisitions in January, aimed at providing a further boost to the country’s telecoms industry.
According to a report from the country’s Business Standard newspaper, the legislation on mergers and acquisitions is to be followed by the publication of a new policy on machine-to-machine communications in the first quarter of the year.
Moves already made by Indian regulatory authorities have led to a considerable improvement in the operating environment in 2013 compared with 2012.
The world's mobile phone carriers have failed to implement technology fixes available since 2008 that would have thwarted the National Security Agency's ability to eavesdrop on many mobile phone calls, a cyber security expert says.
Karsten Nohl, chief scientist with Berlin's Security Research Labs, told Reuters ahead of a highly anticipated talk at a conference in Germany that his firm discovered the issue while reviewing security measures implemented by mobile operators around the world.
LightSquared is proposing a new bankruptcy exit plan with financing from Fortress Investment Group and other backers, as the U.S. wireless communications company seeks to avoid a sale to highest bidder Dish Network Corp.
China has approved a pilot scheme allowing private companies to piggy back on the country's three dominant telecommunications providers to offer own-brand mobile services, opening the world's largest mobile phone market to increased competition.
Authorities have approved 11 private "virtual carriers" to resell mobile telecommunications services, the Ministry of Industry and Information Technology (MIIT) said in a statement on its website on Thursday.
A pair of potentially transformative U.S. telecoms and cable deals could run afoul of Obama administration regulators who worry that mergers among market leaders would hurt consumers.
With both cable and mobile phone operators grappling with slowing growth, speculation has intensified recently about potential takeovers of No. 4 wireless service provider T-Mobile US Inc (Bellevue, WA, USA) and No. 2 cable service provider Time Warner Cable Inc (New York City, NY, USA).
The global market for mobile security gateways is expected to generate $70 million in revenues this year, a 70% increase on sales in 2012, according to a new study from Infonetics Research.
“The popularity of SMS and MMS has soared over the last decade, but carriers around the globe are just now beginning to seriously evaluate and deploy SMS/MMS security gateway solutions, forced by economic, regulatory, and attack conditions,” said Jeff Wilson, principal analyst for security at Infonetics Research.
Apple Inc said it has signed a long-awaited agreement with China Mobile Ltd to sell iPhones through the world's biggest network of mobile phone users.
In a deal that could add billions of dollars to its revenue, Apple (Cupertino, CA, USA) said its smartphones will be available to China Mobile (Beijing, China) customers starting January 17. Pricing and availability details for the iPhone 5S and 5C lines will be disclosed at a later date, it said in a statement.
VimpelCom is mulling a potential sale or merger of its Italian mobile business, according to the UK’s Financial Times newspaper.
The operator – whose biggest market is Russia – is reportedly in discussions with Hutchison Whampoa about the future of Wind (Rome, Italy), its second-biggest subsidiary and Italy’s third-biggest mobile operator.
Qatari incumbent Ooredoo has launched what it claims is the first 3G network in Algeria, where it is the smallest of the country’s three mobile network operators.
In a statement, Ooredoo (Doha, Qatar) – formerly known as Qtel – said it had switched on its network in the country’s ten biggest cities just hours after getting the final regulatory sign-off.
Although it promises its 3G services will be available “at no additional cost”, the operator requires customers to procure a second 3G-enabled number (which it will supply) and add this to their SIM cards.
Hong Kong’s PCCW has announced plans to buy Telstra’s 76% stake in local rival CSL for the sum of $2.43 billion.
The deal will put PCCW (Hong Kong) in control of assets it sold more than ten years ago, reports Bloomberg, and help to reduce the level of competition in Hong Kong’s saturated phone market, where there are approximately twice as many subscriptions as people.