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.
The credit impact on Telecom Italia of spinning off its fixed-line network depends on the details of the agreement the Italian incumbent strikes with the country’s regulatory authorities, according to Fitch Ratings.
In a statement published this week, the ratings agency says there would be a strategic advantage in maintaining control of the network, especially as there is no infrastructure-based competition from cable companies in Italy.
Rogers Communications Inc and Quebecor Inc's Videotron wireless arm plan to build and operate a shared high-speed wireless network in and around Québec, a cost-saving arrangement that is expected to stoke competition in the French-speaking Canadian province.
Rogers (Toronto, Canada), the nation's largest wireless provider, now spends far more on its network than its main rivals, Telus Corp (Burnaby, Canada) and BCE Inc's Bell (Montreal, Canada) unit, do on their shared network.
Deutsche Telekom is mulling two acquisitions in Eastern Europe as it looks to reinvigorate operations in a region beset by regulatory and economic challenges, according to a report from Dow Jones Newswires.
Citing sources familiar with the matter, Dow Jones claims the German incumbent is pursuing a takeover of GTS Central Europe (Warsaw, Poland), a broadband optical and IP network provider.
Currently owned by a group of financial investors, Deutsche Telekom (Bonn, Germany) is said to be in discussions to pay around €600 million ($775.7 million) for the asset.
SigFox, which claims to be the first cellular operator dedicated exclusively to M2M, has signed a deal with infrastructure owner TDF that will help it to expand the coverage of its network in France.
Under the arrangements, TDF (Paris, France) – which is Europe’s biggest owner of broadcast and telecoms masts – will deploy, host and maintain a part of SigFox’s French network.
SigFox (Toulouse, France) says it will use a large number of TDF’s towers but aim to maximize radio coverage at each one of them to reduce the network’s economic and environmental footprint.
Google Inc intends to finance, build and help operate wireless networks from sub-Saharan Africa to Southeast Asia, hoping to connect a billion or so people in emerging countries to the Internet, the Wall Street Journal reported on Friday.
The Internet search giant - which has for years espoused universal Web access - is employing a patchwork quilt of technologies and holding discussions with regulators from South Africa to Kenya, the WSJ cited people familiar with the strategy as saying.
China's Huawei Technologies Co's Middle East revenue rose 18 percent to $2.08 billion in 2012 and the roll-out of 4G mobile networks and IT outsourcing will be among its main regional growth drivers, the firm said.
The world's second-largest telecom equipment maker also expects Middle East telecom operators to prioritize improving network efficiency, Shi Yaohong, president of Huawei Middle East, told Reuters in an email.