Reliance Jio Infocomm has signed an agreement with Bharti Airtel to rent capacity on the i2i submarine network that runs from India to Singapore, without disclosing the financial terms of the deal.
Reliance Jio (Mumbai, India) says the arrangement will allow it to connect directly with the world’s major business hubs and internet service providers, allowing it to provide ultra-fast services to its customers.
Huawei Technologies Co Ltd, the world's No.2 telecoms equipment maker, toned down its long-term target for networking equipment sales to enterprises, saying a prior figure was too optimistic.
Eric Xu, Huawei (Shenzhen, China) executive vice president and one of its rotating CEOs, also voiced frustration with security issues that are thwarting the Chinese company in the key U.S. telecoms equipment market.
The number of mobile customers in India fell by 0.11% in February, to 861.66 million, according to new figures from the Telecom Regulatory Authority of India (TRAI).
The country has now lost more than 100 million mobile customers since June last year, but the rate of decline has slowed from 2.8% in December and 0.26% in January.
The TRAI has blamed the losses on disconnections of so-called ‘inactive’ accounts by the country’s operators.
South Korean operator SK Telecom claims to have broken through the 10-million mark for its LTE subscriber numbers just one year and nine months after first launching the service.
The country’s biggest operator said it reached the milestone on 19 April and would aim to have signed up a total of 15 million customers by the end of this year.
It also expects to introduce a commercial service based on LTE-Advanced – a standard that promises even faster connection speeds than LTE – in September.
Masayoshi Son, billionaire founder of Japanese mobile carrier SoftBank Corp, is expected to stay in the battle for U.S. wireless service provider Sprint Nextel Corp, even though he could profit handsomely by walking away.
While the intentions of Charlie Ergen, the chairman of Dish Network Corp (Meridian, CO, USA), should be clear - after a bold $25.5 billion counterbid for Sprint (Overland Park, KS, USA) - not everyone is convinced the deal will go through.
Siemens’ Smart Grid Division has formed what it calls a “global strategic partnership” with big-data specialist Teradata, aimed at providing utility companies with more information about the status of their networks.
The companies say the alliance will allow customers of Siemens Smart Grid to improve the reliability of their infrastructure and reduce costs.
KT Corp has reportedly decided not to bid for the controlling stake in Morocco’s Maroc Telecom currently held by French media conglomerate Vivendi.
The operator had been in talks about an acquisition that would have represented the largest-ever overseas deal by a South Korean company.
According to Dow Jones Newswires, however, it has dropped its bid but will continue to pursue other options for investing in the North African operator.
Indian operator Sistema Shyam has managed to reduce its net loss to INR7.79 billion ($143 million) for the fourth quarter of 2012, from INR11.98 billion during the same period in 2011, despite the considerable uncertainty over the company’s future towards the end of last year.
The operator said the net loss would have narrowed further were it not for unfavorable movements in exchange rates.
Telecom New Zealand (TNZ) has said it will launch 4G services in October in the city of Auckland and extend the technology to Wellington and Christchurch by Christmas.
Next year, the incumbent operator plans to have the service up and running across about half of its smartphone network.
The access infrastructure is to be rolled out by Chinese equipment maker Huawei, while Cisco will build the core network.
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.