China Telecom has announced plans to buy 3G infrastructure from China Telecommunications Corporation, its state-run parent, while reporting an 8.3% fall in net profit for the first half of the year, to 8.8 billion yuan ($1.4 billion), compared with the same period in 2011.
The operator, which competes against bigger rivals China Mobile and China Unicom in the mobile-phone market, says it will spend approximately 84.6 billion yuan on CDMA infrastructure currently owned by China Telecommunications Corporation.
T-Mobile USA, the No. 4 U.S. mobile provider, will sell a new unlimited data service option to its customers for a monthly fee in a direct challenge to its bigger rival Sprint Nextel, the only other big U.S. provider selling unlimited services.
The offer may also help T-Mobile USA, a unit of Deutsche Telekom, stand out from the biggest U.S. operators Verizon Wireless and AT&T Inc, which have both set caps on their customers monthly data usage.
MetroPCS Communications Inc announced a promotional $55 4G LTE service plan that offers unlimited talk, text and data, after Verizon Wireless and AT&T launched plans targeting heavy data users.
The $55 price tag is for a single connection and families can get this offer for $50 per month on their second, third and fourth connections, the company said in a statement.
AT&T Inc in July announced a new type of family plan that would significantly raise its fees for data services, such as mobile Internet.
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U.S. District Judge Robert Kelly in Philadelphia wrote that TruePosition Inc's allegations of an illegal conspiracy "are plausible when viewed in context and as a whole".
AT&T has announced that iPhone customers will be able to use Apple’s popular FaceTime app if they sign up to one of the operator’s data-sharing plans, according to a story published by Dow Jones Newswires.
iPhone users have already been able to use FaceTime over WiFi connections but software developers had blocked cellular access to FaceTime on a prerelease version of the iOS 6 operating system, due to be released in the autumn.
U.S. regulators cleared the way for Verizon Wireless to proceed with its $3.9 billion purchase of airwaves from big cable providers but placed constraints on the companies' marketing agreements.
The U.S. Department of Justice said on Thursday it would approve the spectrum sale, and the head of the Federal Communications Commission said the commission should also give the deal the go-ahead.
The spectrum purchase will give Verizon Wireless additional capacity to help it cope with rising demand for video on mobile devices and data services such as Web surfing.
PayPal is in the early stages of what may be a blockbuster mobile payments deal with McDonald's Corp, the world's biggest hamburger chain.
McDonald's is testing a mobile payments service featuring PayPal at 30 of its restaurants in France.
Earlier this year, McDonald's ran demonstrations of a broader PayPal mobile payments service at its franchisee conference in Orlando, Florida.
A McDonald's spokeswoman confirmed the France tests and said the PayPal demonstration at its conference was part of a booth that features "technology coming within the next 24 months or so."
Research In Motion plans to provide BlackBerry users with an easy way to tap their contacts' public profiles -- including blog posts, tweets, emails and other details -- in its latest push to regain ground in the smartphone market.
The new contact management feature, which pulls in contact details from social media and other Internet sites into a single Blackberry page, will be available on RIM's next generation of smartphones that are set to launch early next year, the company said on Thursday.
Canada’s communications regulator has approved the C$1.32 billion ($1.34 billion) acquisition of a majority stake in Maple Leaf Sports and Entertainment (MLSE) by Rogers and BCE.
The deal gives two of the country’s biggest telecoms operators 75% of MLSE, which owns the Toronto Maple Leafs, the renowned ice hockey team, and the Toronto Raptors, of basketball fame.
New Zealand technology company Rakon has signed a deal with Huawei that targets a quadrupling of its sales to the Chinese manufacturer over the next five years.
The realization of that goal would bring Rakon’s sales to Huawei to $56 million by 2017.
Huawei has been working with Rakon for a number of years and plans to use the company’s frequency control products in its handsets, smart devices and infrastructure programs.