The European Commission blocked plans by Germany on Friday to raise the fees alternative telecommunications operators charge each other to connect fixed-line phone calls.
The German telecoms regulator (BNetzA) proposed raising these call termination fees to three times the average rates in many parts of Europe to compensate for steadily declining revenues in the sector. There are over 50 alternative operators in Germany.
Telecom equipment maker Alcatel-Lucent will focus on its high-growth fixed and mobile products and slim down via 1 billion euro in cost cuts by 2015 in a bid to reverse years of losses.
The new plan unveiled on Wednesday by Michel Combes, the company's new chief executive, will also include unspecified asset sales of above 1 billion and 2 billion euros in debt re-financing by 2015, followed by a further 2 billion in debt reduction that could include issuing new shares.
Hungary’s operators have lashed out at moves by the country’s government to impose yet another tax on the telecoms industry, according to a report from Dow Jones Newswires.
Earlier this week, authorities served notice of plans to introduce a new telecoms-specific tax they say cannot be passed on to consumers.
Set to come into force on August 1, the new rules would require operators to pay a tax on phone calls by business customers of HUF3 ($0.014) per minute, up from a current per-minute rate of HUF2 per minute.
Cisco Systems Inc predicts that a new product it unveiled on Wednesday will increase its cumulative revenue from core routers, which direct Internet data traffic, by 25 percent - to $10 billion - within the next two years.
The leading network equipment maker expects to cash in on ever increasing demand for Internet services with its new CRS-X router, its third in the CRS product series.
Israeli Prime Minister Benjamin Netanyahu accused Iran and its Palestinian and Lebanese allies on Sunday of carrying out "non-stop" cyber attacks on major computer systems in his country.
He gave no details on the number of attacks but said "vital national systems" had been targeted. Water, power and banking sites were also under threat, he added.
India’s Ambani brothers have signed a $2 billion deal to share network infrastructure, aimed at speeding up the rollout of 4G services.
Under the arrangement, Reliance Jio Infocomm (Mumbai, India) – owned by Mukesh Ambani – will lease up to 45,000 sites owned by Reliance Communications (Mumbai, India), the mobile operator controlled by Anil Ambani.
In a joint statement on the tie-up, the two operators said it would allow them to derive major benefits from the sharing of capital and operating costs.
China's Huawei Technologies Co Ltd should not have been allowed to become embedded in Britain's critical communications network infrastructure without the knowledge and scrutiny of ministers, lawmakers said on Thursday.
Network equipment maker Ciena Corp said it expects strong growth in cloud computing and higher use of smartphones, and forecast stronger-than-expected revenue for the current quarter.
Ciena (Hanover, MD, USA) shares jumped as much as 15.5 percent on the Nasdaq on Thursday morning. Shares of rival Finisar Corp (Sunnyvale, CA, USA) were up 5 percent while those of Juniper Networks Inc (Sunnyvale, CA, USA) were up about 1 percent.
EU commissioner Neelie Kroes has said forthcoming net neutrality legislation will ensure telecoms operator cannot block or throttle competing services while offering a predictable regulatory framework that encourages network investments.
In a speech delivered to the European Parliament in Brussels, Kroes said “failure to take coordinated action on net neutrality would shatter the fragile construction” of a single European telecoms market – something the commissioner believes is necessary if the European industry is to thrive years ahead.