The GSMA on Tuesday announced that India will become the second largest mobile broadband market globally within the next four years with 367 million mobile broadband connections by 2016. In doing so, India will overtake the U.S., which will account for 337 million mobile broadband connections by 2016, but will still be second to China, which will have reached 639 million mobile broadband connections in the same period.
After months of devastating setbacks, wireless network startup LightSquared is considering filing for bankruptcy, according to founder and hedge fund manager Philip Falcone on Wednesday.
Falcone, who’s Harbinger Capital Partners is majority owner of the wireless startup, said bankruptcy could help salvage LightSquared (Reston, Va., USA) by providing more time to deal with its many problems, reports Reuters.
British chip designer ARM Holdings said on Tuesday it was linking up with SIM card manufacturer's Gemalto and German technology firm Giesecke & Devrient to increase security for services running on smartphones and tablets. The companies said the joint venture would drive adoption of a common security standard in mobile devices, such as smartphones using Google's Android operating system.
The software revolution sparked by mobile apps and marketplaces is now spreading to business users, particularly small and medium-sized businesses (SMBs). Developers are creating an increasing number of sophisticated, cloud-based business applications that can be used to manage everything from email marketing and web conferencing, to project management and security.
The European Commission and European lawmakers and governments reached an agreement to reform mobile roaming fees, allowing consumers to pay less for calls, texts and mobile web services when travelling abroad, in a measure that could hit telecom industry profits.
The deal announced on Wednesday is expected to be approved by the European Parliament in May and would take effect in July.
China's ZTE Corp, the world's fourth-largest handset producer and fifth-ranked telecoms equipment maker, posted a third straight fall in quarterly profit mainly due to weak telecoms spending and foreign exchange losses.
On Tuesday, Vodafone Hungary announced it will move to an IP/Ethernet-based infrastructure and expand its geographic coverage in Hungary. The service provider chose Tellabs to modernize its current mobile backhaul network.
On Wednesday, market research firm Infonetics Research forecasted that the global small cell market will be worth $2.1 billion in 2016, with about 3 million small cells shipped.
On Wednesday, Cisco announced its intent to acquire privately held ClearAccess, a company providing software to internet service providers for the provisioning and management of residential and mobile devices. The acquisition includes ClearAccess' software business and personal, while the hardware portion of ClearAccess' business, Smart RG Gateways, will continue forward as SmartRG, Inc, says Cisco.
ZTE Corp, China's second-largest telecommunications equipment maker, said it will "curtail" its business in Iran following a report that it had sold Iran's largest telecom firm a powerful surveillance system capable of monitoring telephone and Internet communications.
Reuters reported Thursday that ZTE (Shenzhen, P.R.C.) had signed a $130.6 million contract with the Telecommunication Co of Iran in December 2010 that included the surveillance system.