The world's leading mobile telecoms equipment manufacturer Ericsson was hit by a sharp drop in sales of networks in the second quarter as carriers cut spending in the face of a global slowdown.
Makers of network hardware, such as radio base stations, face lean times as major economies weaken, hitting telecoms operators' revenues, and a decade-long price war continues to rage. Ericsson (Stockholm, Sweden) rivals Alcatel-Lucent (Paris) and Chinese group ZTE (Shenzhen, P.R.C.) have both issued profit warnings in the past week.
Google unit Motorola Mobility said on Tuesday it has taken steps to avert an interruption of U.S. imports and sales of its smartphones after the devices were found to infringe on a Microsoft patent.
The importation to the United States of some Motorola Mobility (Libertyville, Ill., USA) smartphones was supposed to stop Wednesday as the result of an International Trade Commission ruling that the phones infringed on technology that makes it possible for consumers to use the devices to generate meeting requests and schedule gatherings.
Nearly seven out of eight U.S. smartphone owners care more about smoothness and less buffering time on a standard definition video than they do about high definition pixel quality while watching mobile video over a poor connection, according to newly-released results from a survey conducted by Harris Interactive and commissioned by Skyfire. This new research shows the importance of network data quality, speed of delivery, and smooth multimedia playback for smartphone users.
Market research firm Infonetics Research released its latest 2G, 3G, 4G (LTE) Services and Subscribers: Voice, SMS/MMS, and Broadband report, which found that globally, the mobile services market is forecast to grow to $976 billion by 2016, with the bulk of the growth coming from mobile broadband services
On Wednesday, FreedomPop, a mobile virtual network operator (MVNO), and Sprint announced the formation of a strategic wholesale relationship that will allow FreedomPop to use Sprint’s 3G network and 4G LTE network, which is set to launch next week.
Juniper Networks, a network systems provider, on Wednesday announced that Telefonica Digital has selected Juniper Networks Junos Pulse Mobile Security Suite to create a branded mobile security service for its consumer customer base across Europe.
Shares of ZTE Corp, the world's fifth largest telecommunications equipment maker, hit a three-year low on Tuesday on worries about earnings and concerns over a subsidies dispute between the European Union and China, analysts said.
ZTE's (Shenzhen, P.R.C.) Hong Kong-listed shares fell by as much as 8% to HK$13.00 in morning trade, the weakest level since late March 2009. The stock has fallen about 45% so far this year.
Last week both Visa and MasterCard announced European mobile payments partnerships. On Monday, MasterCard announced that it has entered into a mobile payments partnership with Deutsche Telekom, while Visa announced on Friday that it had joined forces with Telefonica Digital to offer a similar service.
Worldwide IT spending is on pace to reach $3.6 trillion in 2012, a 3% increase from 2011 spending of $3.5 trillion, according to the latest outlook by Gartner, Inc.