China's ZTE Corp (Shenzhen, China), the world's fourth-biggest mobile phone vendor, is unfazed by the possibility of being sued by Apple Inc (Cupertino, USA) over patent violations, and is looking to boost its own patents and find unique designs and features for its range of handsets.
In the wake of Apple's patent victory over South Korea's Samsung Electronics (Seoul, South Korea) in the United States last week, ZTE and other phone makers that use Google's Android operating system were cited as being at risk if Apple opted to extend the lawsuit beyond Samsung.
ASML (Veldhoven, the Netherlands), the world's top chip equipment maker, said Samsung Electronics (Seoul, South Korea) would invest 779 million euros ($975 million) in its research into costly next-generation chipmaking technology and in buying a 3 percent equity stake.
ASML, based in the Netherlands, has already signed up Intel Corp (Santa Clara, USA) and TSMC (Hsinchu, Taiwan) in recent weeks with similar deals to fund and fast-track its research.
Rising handset subsidies led to a 2% year-on-year fall in profit at China Unicom (Beijing, China) for the second quarter of the year.
China’s second-biggest mobile operator reported net profit of 2.42 billion yuan ($381 million) as it increased spending on smartphones in a bid to lure more Chinese consumers on to its 3G networks.
Even so, the results were slightly better than expected, based on a poll of six analysts conducted by Reuters, due to a drop in depreciation expenses.
The president of Brazil’s telecoms regulator has told Bloomberg that his country is considering an auction of spectrum in the 700MHz band for use with 4G wireless services.
The spectrum is currently used for television broadcasting in Brazil but will become free when Globo Comunicacao e Participacoes SA and Grupo Record, among other TV networks, complete their transition to digital broadcasting from analog signals.
The networks have been forced to complete that transition by June 2016 under a presidential decree of June 2006.
Telecom New Zealand has reported huge gains in profitability thanks to one-off adjustments related to the demerger of its infrastructure business in December last year.
New Zealand’s incumbent operator reported net profit of NZ$1.2 billion ($973 million) for 2012, compared with just NZ$166 million last year, several months after agreeing to spin off Chorus.
The company agreed to the separation under pressure from the New Zealand government, but Chorus was subsequently awarded the bulk of contracts to build a new fibre-optic broadband network across the country.
The Federal Communications Commission on Thursday said it had formally approved Verizon Wireless' proposal to purchase $3.9 billion of airwaves from big cable providers.
As part of the approval, the FCC put in place measures to accelerate deployment of Verizon Wireless' newly acquired airwaves from Comcast Corp, Time Warner Cable Inc and others.
Samsung Electronics shares tumbled around 7 percent on Monday, wiping $12 billion off the South Korean giant's market value, as a sweeping victory for Apple Inc in a U.S. patent lawsuit raised concerns about its smartphone business - its biggest cash cow.
Samsung, which says it will contest the verdict, was ordered to pay $1.05 billion in damages after a California jury found it had copied critical features of the hugely popular iPhone and iPad and could face an outright sales ban on key products.
Slovak legal authorities have ruled invalid the calculation of a fee paid by Slovak Telecom (Bratislava, Slovakia) to renew its mobile operating license, according to a story published by Reuters.
The operator, which is 51% owned by Germany’s Deutsche Telekom, had paid €47.8 million ($60 million) last year for the right to offer mobile-phone services in Slovakia for another ten years.
That fee was determined by the Slovak Telecommunications Regulatory Authority, but the Slovak Supreme Court has called into question the method used to calculate it.
A few months from now the boldly named Everything Everywhere may be able to boast it is the only 4G operator in the UK. Courting the ire of other mobile networks, communications regulator Ofcom this week took the controversial decision to let the T-Mobile-Orange tie-up launch LTE services later this year using its current 1800MHz spectrum holdings. Vodafone and Telefónica-owned O2 will have to wait until the auction of new airwaves, likely to happen early next year, before they can hope to join it in the 4G market.
The proposal by Verizon Wireless to purchase unused spectrum from a group of US cable companies has secured enough votes to win the approval of the Federal Communications Commission, according to a story from Bloomberg.
According to the newswire, the agency’s two Republican commissioners have joined Democratic Chairman Julius Genachowski in approving the $3.6 billion deal. The agency has five members in total.