Orange (Paris, France) and Google (Mountain View, Calif., U.S.A.) on Wednesday announced a partnership that will use Orange’s Short Message Service (SMS) platform to bring Google’s services to African and Middle Eastern customers.
According to Orange, at the end of 2010, only 1.4% of the population in Africa and Middle East had access to broadband services, compared to 62.5% for mobile services. Orange has a total customer base of around 60 million customers across Africa.
Apple (Cupertino, Calif., U.S.A.) is set to exponentially grow its China business as the country's number one and number three telecom operators’ fight to finalize deals to sell iPhones in the world's largest mobile phone market, with more than 900 million subscribers.
China Unicom (Beijing, China) is the sole operator offering Apple's smartphones, but it is only a matter of time before the number one operator, China Mobile (Beijing, China), and number three, China Telecom (Beijing, China), follow suit, analysts said.
Five Italian telecom operators have submitted requests to participate in an auction of new fourth-generation mobile frequencies, Italy's industry ministry said on Wednesday.
All major Italian mobile phone operators, former monopoly Telecom Italia , Vodafone , Wind, 3 Italia, and the Linkem group showed interest, the ministry said.
Italy's government is banking on the auction to raise about $3.5 billion for its budget and forecasted that it could raise as much as $4.5 billion if all frequencies are sold.
On Wednesday research firm Research and Markets (Dublin, Ireland) announced a new report that provides an overview of the trends and developments in the telecommunications and digital media markets in Malaysia.
One of the U.S.’s big two carriers, AT&T Inc (Dallas, Texas, U.S.A.) posted better-than-expected subscriber growth for the second quarter, pushing its profits and sales past Wall Street estimates despite the loss of exclusive U.S. rights to sell the Apple Inc iPhone.
AT&T, which is seeking approval to buy T-Mobile USA for $39 billion, added 331,000 net subscribers in the quarter, compared with the average expectation for 91,000 from seven analysts contacted by Reuters.
Acer Inc (New Taipei City, Taiwan), an electronics manufacturer, announced on Thursday it will buy cloud computing firm iGware Inc (Mountain View, Calif., U.S.A. ) for $320 million, in the fifth-largest Taiwanese buyout of a U.S. company.
Acer, who is the world's second largest PC maker, said it was also in initial talks with Japanese game firm Nintendo, a major client of iGware, over potential cooperation after the deal, but did not give details.
Wireless telecom firm T-Mobile USA (Bellevue, Wash., U.S.A.) said it will begin offering unlimited data service plans starting July 24. The unlimited plans will be available with a two-year agreement for new and existing customers.
T-mobile said the plans offer single-line and multiline options with a range of price points for talk, unlimited text and unlimited data with 2 gigabytes (GB), 5 GB or 10 GB of high-speed data-- with no data overage charges.
Telecommunication providers Telenor (Fornebu, Norway) and Vodafone (London, England) are expected by analysts to outshine their European telecom peers as the sector struggles with weak economies and forced price cuts.
Analysts are braced for a slew of poor second-quarter results, starting with Nordic operator TeliaSonera on Wednesday.
TeliaZonera reported a net income decrease of 26% year-on-year to $591 million in the second quarter of 2011. However, the company did report an organic revenue growth of 3%, which is in line with its forecast for the year.
On Wednesday it was reported that Deutsche Telekom AG (Bonn, Germany) has expressed interest to the Belgian government in acquiring a stake in Belgacom SA (Brussels, Belgium). The Belgian government is Belgacom’s largest shareholder.
Deutsche Telekom approached the Belgian government in the first few months of the year to see if it was planning to sell part of its 53.5% stake, the Belgian French-language paper said, citing an unnamed source.
Apple Inc. (Cupertino, Calif., U.S.A.) on Tuesday announced financial results for its fiscal 2011 third quarter, which ended on June 25. The company posted record quarterly revenue of $28.57 billion and a quarterly net profit of $7.31 billion. These results compare to revenue of $15.70 billion and a net quarterly profit of $3.25 billion in the third quarter of 2010.
Gross margin was 41.7% compared to 39.1% in the year-ago quarter. International sales accounted for 62% of the quarter’s revenue.