Chinese telecoms equipment vendor Huawei expects annual revenues from its sale of 4G networks to double to about $4 billion between 2013 and 2014, according to a report from Reuters.
Speaking to reporters in Shanghai, David Wang, the president of Huawei’s (Shenzhen, China) wireless network business unit, also said that overall wireless revenues would hit $12.9 billion in 2014, compared with $11.7 billion in 2013.
Sweden’s TeliaSonera has announced several acquisitions aimed at boosting its presence in the country’s high-speed broadband market.
In a statement, the operator said it had spent a total of SEK473 million ($72 million) on controlling stakes in fiber players Zitius, Quadracom Networks and Riksnet.
New Zealand’s government has sided with telecoms infrastructure player Chorus in its assessment of the impact that regulated price cuts would have on planned investment in a nationwide broadband network.
According to a government report prepared by Ernst & Young, price cuts mandated by New Zealand’s telecoms regulator for access to copper-line networks would leave Chorus (Auckland) with a funding shortfall of about NZD1 billion ($825 million) assuming it did not implement any cost-saving measures.
This seminar will offer delegates a timely opportunity to discuss the challenges of implementing the Information Economy Strategy.
Planned sessions examine the key priorities for the Information Economy Council - including the opportunities for improving links between academia, public sector organisations and industry so as to boost key skills in the development and utilisation of information technology.
The data center and enterprise market for software-defined networking (SDN) is set to be worth as much as $3.1 billion by 2017, according to a new study from Infonetics Research.
“It’s still early days, but our research over the last two years confirms that SDN controllers and Ethernet switches in use for SDN will play a role in enterprise and data center networks, growing to a $3.1 billion market by 2017,” said Cliff Grossner, directing analyst for data center and cloud at Infonetics Research.
Europe's second highest court upheld a decision on Wednesday by European Union regulators clearing Microsoft's $8.5 billion takeover of Skype in 2011, rejecting a challenge by the world's top network equipment maker Cisco Systems Inc.
At a hearing in May, Cisco (San Jose, CA, USA) argued that Microsoft's (Seattle, WA, USA) acquisition of the Internet video and voice messaging company created a monopoly and that the European Commission was wrong to approve the deal without demanding concessions from Microsoft.
Indian operators Bharti Airtel and Reliance Jio Infocomm have announced a network-sharing plan aimed at avoiding “duplication of infrastructure” and lowering costs.
The companies said they would share inter- and intra-city fiber-optic networks, submarine cable networks, towers, internet broadband services and other technologies that might emerge in future.
Besides avoiding duplication and freeing up capital for other projects, the operators said that comprehensive network sharing would help to “preserve the environment”.
Verizon Communications has agreed a takeover of content delivery networks specialist EdgeCast for an undisclosed fee.
The company develops technology that speeds up the delivery of content over internet networks and competes against the better-known Akamai Technologies (Cambridge, MA, USA) in this market.
Verizon (New York City, NY, USA) said it planned to use EdgeCast’s (Santa Monica, CA, USA) technology to broaden the portfolio of site acceleration services its Digital Media Services business sells to digital enterprises.
AT&T has asked regulators to let it ignore a shareholder request for details of its customer-information sharing with government agencies, a move that could forestall a heated debate at the telecommunications giant's annual meeting.
The No. 2 U.S. mobile operator made the request in a December 5 letter to the U.S. Securities and Exchange Commission in response to shareholder activists pressing it on the matter. Among them is New York State Comptroller Thomas DiNapoli, who is the trustee of the state retirement fund.
The fight over defunct Nortel Networks' $7.5 billion in cash will be decided in joint U.S.-Canadian court hearings and not in arbitration, a U.S. appeals court ruled on Friday.
The U.S. Court of Appeals for the Third Circuit in Philadelphia upheld a bankruptcy court ruling in March that there was never an agreement to use arbitration to divide the pile of cash among various Nortel (Mississauga, Canada) estates around the world.