Telecom Italia (Rome, Italy), the country’s largest telecom operator, kept its forecasts intact in the face of a rapidly-deteriorating economic climate at home, which took the sting out of a $2.8 billion first-half loss due to a goodwill writedown.
The company blamed deteriorating markets and interest rate trends for its $4.5 billion goodwill writedown on its domestic operations. Still, the company said the writedown would have no impact on its dividend or plans to cut debt and stuck to its forecasts for the year, promising trends at home were improving.
Wireless telecommunications network operator Clearwire Corp (Kirkland, Wash., U.S.A.) said it would post an operating profit a few quarters sooner than expected, but also said it needs as much as $900 million in new funding.
In after-hours trading, shares of Clearwire almost completely wiped out a 10% gain from the regular Nasdaq session after the company said it needs up to $300 million more to tide it over until it reports positive cash flow sometime next year, and that it needs another $600 million for a network upgrade.
In a new study by research firm Juniper Research (Hampshire, England), it was reported that mobile network operators (MNOs) must explore means of addressing data delivery costs and inefficiencies in base station operations if their networks are to remain economically viable. According to the report, even with the increased deployment and utilization of LTE networks, global MNO data delivery costs could surpass $370 billion annually by 2016, a seven fold increase on their 2010 level of $53 billion.
On Tuesday, a new study by Informa Telecoms & Media (London, England), a telecom research firm, revealed the degree to which spectrum policy and availability is causing the market for LTE to become regionally fragmented. The emergence of distinct regional and national bands and band combinations will pose difficult choices for equipment and device vendors in terms of which bands they choose to support, according to Informa.
Sierra Wireless (Richmond, British Columbia, Canada), a wireless equipment manufacturer, on Tuesday announced that its embedded wireless modules have received technical approval for both AT&T and Verizon’s 4G LTE networks.
The Sierra Wireless AirPrime MC7700 embedded wireless module has received approval for the AT&T 4G LTE network, while the Sierra Wireless AirPrime MC7750 module received approval for the Verizon Wireless 4G LTE network.
Mobile messaging traffic continues to experience explosive growth and for this reason the wireless sector faces the specific challenge of staying on top of business imperatives in the face of a massive data volume. It is not only vital for mobile operators to gain insight into mobile messaging traffic to improve service quality, but also for companies looking to optimize their customer relationships. This article will explore the challenges mobile operators are facing and discuss how new analytics solutions work to help solve those issues.
LightSquared (Reston, Va., U.S.A.), a wholesale-only integrated 4G-LTE wireless broadband and satellite network, and mobile operator Sprint Nextel (Overland Park, Kan., U.S.A.) announced on Thursday they have entered into a 15-year agreement that includes spectrum hosting and network services, 4G wholesale, and 3G roaming.
Mobile operator France Telecom (Paris, France) is putting its Swiss, Austrian and Portuguese units up for sale, which analysts say could raise as much as $2.9 billion. The announcement came as France Telecom announced second-quarter results just short of analysts' forecasts but stuck to its full-year targets.
Fraud and Revenue Assurance (RA) are increasingly interlinked and what can start as a RA issue can rapidly turn into a fraud case. Similarly a fraud episode can highlight what is in fact a significant RA issue. To get a complete picture of a telecom’s risk profile, it is important to combine information from both the fraud and RA processes.
The 3rd Annual Data Centre Management 2011 (18-19 October 2011, Harbour Grand Kowloon Hotel, Hong Kong) will give you answers with the best practitioner-led tips and secrets to maximize your data centre investment for the next 12 months.