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NTT DoCoMo has reported a 6.1% year-on-year increase in revenues for the last nine months of 2012, to ¥3,370.8 billion ($37 billion), thanks to the growing take-up of LTE-based smartphones and data services in the final part of the year.
Nevertheless, net income for the same period fell by 5.6%, to ¥702.2 billion, due to an increase in operating expenses aimed at strengthening the Japanese operator’s cloud business and higher handset costs.
Singaporean telecoms incumbent SingTel has sold its 30% stake in Pakistan’s Warid Telecom to the Abu Dhabi Group, which already owned the other 70% of the loss-making operator.
SingTel will receive a cash payment of $150 million for its shares as well as 7.5% of the proceeds from any future sale of Warid (Abu Dhabi, United Arab Emirates).
It says the sale follows a strategic review of the investment, its competitive position and opportunity.
India’s Bharti Airtel has expressed interest in acquiring a telecoms license in Myanmar, according to a source cited by The Wall Street Journal.
“We have sent our expression of interest in acquiring a mobile phone services license to the Myanmar government,” the executive is quoted as saying.
Bharti Airtel’s (New Delhi, India) Asian arm already operates mobile-phone businesses in Bangladesh and Sri Lanka, besides India, and Myanmar obviously holds appeal for an operator with considerable experience of serving underpenetrated, low-income markets.
China's ZTE Corp, the world's fourth-biggest handset maker, plans to ship more high-end smartphones this year to help increase profit margins and revenue, a senior company executive said on Wednesday.
ZTE (Shenzhen, China) expects to ship more than 50 million smartphones in 2013, exceeding its earlier forecast, and sees smartphones making up 70 percent of overall consumer device sales this year, Lv Qianhao, head of ZTE's handset strategy, told Reuters in an interview on the sidelines of a company event.
Norway's Telenor is unlikely to bid in an auction for mobile licenses in Mumbai unless India halves the fee, its Chief Executive Jon Fredrik Baksaas said on Friday.
"It is nearly impossible to participate in the Mumbai auction at the current price level," the CEO of India's sixth largest telecoms operator said.
India is looking to reduce some prices for a new auction to be held by March after an overpriced sale in November failed, having attracted no bids for four areas, including New Delhi and Mumbai.
Mobile phone service provider NTT DoCoMo Inc will soon release a low-cost tablet computer in Japan priced between 10,000 yen ($110) and 15,000 yen, the Nikkei reported.
The tablet will be made by China's Huawei Technologies Co (Shenzhen, China) and feature a 10-inch screen, the Japanese business daily said.
The new tablet will be able to connect to the Internet via wireless LAN, but will not be compatible with 3G or LTE (Long Term Evolution) high-speed wireless services, the newspaper reported.
Smart-grid revenues in Australia will shrink to $260 million in 2016 from $400 million in 2012 because of concern about the investment case and disappointing tests of the technologies, according to new research from Frost & Sullivan.
Although several electricity distribution utilities are deploying smart grids, many are reluctant to make substantial investments because of the lack of specific payback periods and the unsatisfactory performances of smart-grid technologies in real application environments, says the market-research company.
Myanmar is on the cusp of a mobile revolution. Only it's happening way too slowly for many locals.
Last week the government invited expressions of interest for two mobile phone licenses - a first step towards increasing mobile penetration from its current 5-10 percent to 80 percent in three years. That would lift it off the bottom of the world's ladder of mobile use and put it on a par with neighbors like Bangladesh.
In the meantime, users are chafing at the pace and price of adding connections.
Telecom equipment maker Alcatel-Lucent SA has won an eight-year contract valued at more than $1 billion to manage Reliance Communications Ltd's mobile and fixed networks in the east and south of India.
The network outsourcing contract, intended to cut costs for India's No. 3 carrier, builds on a previous joint venture between Alcatel (Paris, France) and Reliance Communications (Mumbai, India) under which the gear maker managed the nationwide mobile network in a five-year $750 million deal.