India’s Ambani brothers have come together on a network-sharing deal that represents their first collaboration since the Ambani business empire was divided between them in 2005.
Under a contract signed this week, Anil Ambani’s Reliance Communications (Mumbai, India) will share its fiber-optic network with Mukesh Ambani’s Reliance Jio Infocomm (Mumbai, India) in exchange for a one-off payment of INR12 billion ($220 million).
Reliance Communications will also be allowed to use the infrastructure of Reliance Jio Infocomm.
Smart-meter specialist Silver Spring Networks says it has won a contract with SP PowerAssets to participate in a smart-grid deployment in Singapore.
A part of the Singapore Power Group (Singapore), SP PowerAssets is to use Silver Spring’s IPv6-based wireless networking platform across its entire service territory.
Singapore Power Group serves about 2 million customers in the country.
The UK’s Vodafone has complained to Indian authorities about their refusal to extend its licenses in the three important service areas of Delhi, Mumbai and Kolkata, according to a report from the Wall Street Journal.
India’s Department of Telecommunications (DoT) has reportedly refused to renew permits on the basis of a new telecoms law that requires operators to bid for spectrum in a process separate from the issuance of licenses.
Previously operators had been able to acquire licenses and spectrum at the same time.
Telecom Corp said it will slash around 16 percent of its workforce to reduce costs by up to NZ$110 million ($92 million), the country's biggest telecommunications group said on Thursday, warning of more to come as it restructures its ailing businesses.
Telecom (Wellington, New Zealand) said it expected to cut full-time employees to 6,300 to 6,600 by mid-year, from 7,530 at the end of 2012, as the firm struggles to compete in the broadband market.
Hong Kong’s Hutchison Whampoa has reported impressive results across its European telecoms subsidiaries despite ongoing difficulties in Australia.
For the 2012 financial year, the group reported revenue growth in all of its European markets bar Denmark, while earnings before interest, tax, depreciation and amortization increased everywhere except Sweden.
Overall revenues at Hutchison Whampoa’s 3 Group Europe division rose 3% to HK$58.7 billion ($7.6 billion), with earnings up 15% to HK$9.2 billion.
Swedish telecoms equipment maker Ericsson said on Tuesday it had sued Indian handset maker Micromax and its distributor for infringement of wireless patent rights.
Ericsson (Stockholm, Sweden) was confirming an earlier report in the Economic Times of India that it had sued after Micromax (Gurgaon, India) refused to sign license agreements for several wireless technologies.
"It is once again about FRAND (fair, reasonable and non-discriminatory terms)," Ericsson spokeswoman Karin Hallstan said. She declined to comment further.
China's ZTE Corp, which helped bring the telephone to millions of homes during the Deng Xiaoping era, is counting on a new generation of tech-savvy smartphone users to drive at least $7.5 billion of 4G network projects and elevate its sagging fortunes.
China Telecom has reported a fall in full-year net profit, despite healthy growth in revenues, due to increased spending on iPhone marketing as it tries to capture higher-value customers at the expense of its bigger rivals.
The operator – which runs China’s largest fixed-line network but is number three in the mobile market – saw net profit decline by 9.5% in 2012, to RMB14.9 billion ($2.4 billion), compared with 2011, while its revenues grew by 15.5%, to RMB283 billion.
Bharti Airtel shareholder SingTel has lent its support to the embattled Sunil Mittal, the Indian operator’s chairman, who faces charges over his conduct during a spectrum auction in 2002.
In a statement on its website, the Singaporean operator, said it has “full faith in Bharti Airtel’s corporate governance standards under the leadership of Mr Mittal”.
Swedish telecoms gear maker Ericsson said on Wednesday it was confident it would win a patent infringement dispute with Samsung after the South Korean firm filed a counter-claim in a court in the United States.
Cut-throat competition between technology firms has spilled over into the courts in recent years as companies fight for market share and to recoup some of the billions of dollars they spend on research and development.