French telecoms incumbent Orange is speeding up the pace of its 4G deployment and claims to have reached the important milestone of covering all of Paris with the high-speed network.
By the end of September, the operator says its 4G service will cover 70 “agglomerations” – meaning cities and surrounding urban areas – including more than 500 towns across the country.
Moreover, having originally planned to provide services to 30% of the French population by the end of 2013, Orange (Paris, France) is now aiming for a target of 40%.
UK mobile operator EE has already reached its end-2013 target of signing a million customers up to its 4G service, the operator said in a statement today.
EE (Hatfield, UK) became the first operator in the UK to launch an LTE network at the end of October 2012, after regulatory authorities controversially allowed the company to offer 4G services over spectrum originally provided for use with 2G.
Vodafone's plan to boost investment in broadband and superfast mobile networks after its $130 billion deal with Verizon could force its European competitors to increase their own spending and even prompt further deal-making.
Under its "Project Spring", Vodafone (Newbury, UK) plans to raise its capital expenditures by 6 billion pounds ($9 billion) over three financial years to improve network quality for customers in Europe and emerging markets such as India and South Africa.
Leading stakeholders in Telecom Italia are interested in selling their shares amid raised expectations following Verizon’s $130 billion deal to buy Vodafone out of their US joint venture, reports Reuters.
According to sources familiar with the matter, investors in Telco, which controls 22.4% of Telecom Italia (Milan, Italy), are looking to take advantage of the current market conditions and cash in their shares, with Vodafone (Newbury, UK), Japan’s SoftBank (Tokyo) and Mexico’s America Movil (Mexico City) seen as possible buyers, according to brokerage firm Bernstein.
VimpelCom has announced that Mikhail Slobodin will become chief executive of its Russia business unit, with Anton Kudryashov promoted to the role of chief business development and portfolio officer for the entire company.
Slobodin joins VimpelCom (Amsterdam, Netherlands) from energy company TNK-BP (Moscow, Russia), where he was executive vice president of strategy and new business development, and takes up his new position in the telecoms industry immediately.
The number of 3G customers in Africa is set to grow from 114 million in 2013 to 210 million by the end of 2015, according to a new study from ABI Research.
The market-research company says that mobile growth in Africa remains far more robust than in other regions, with the number of mobile subscribers reaching 863 million at the end of June, up 9.3% on the year-earlier figure.
ABI Research reckons the number of mobile customers will continue to increase at a compound annual growth rate (CAGR) of 6.6% between now and 2018, when it will reach 1.25 billion.
Microsoft Corp will buy Nokia's phone business and license its patents for 5.44 billion euros ($7.2 billion), a bold foray into mobile devices that also brings potential chief executive contender Stephen Elop back into the fold.
Two years after hitching its fate to Microsoft's (Seattle, WA, USA) Windows Phone software, the Finnish phone maker that once dominated the global market collapsed into the arms of the U.S. software giant, its mobile business ravaged by nimbler rivals Apple Inc (Cupertino, CA, USA) and Samsung Electronics (Seoul, South Korea).
Mobile communications and M2M player Gemalto has realized impressive gains in revenues and profit for the first half of 2013 thanks in part to a better product mix at its M2M division.
The company saw overall revenues increase by 11% over the same period of 2012, to €1.13 billion ($1.49 billion), while net profit rose by 9.3%, to €105 million.
“Gemalto [Amsterdam, Netherlands] recorded another strong semester of profitable growth, more than offsetting increased investments in operations made in the second part of last year,” said Olivier Piou, Gemalto’s chief executive.
M2M gateway developer Option has swung to a massive loss and witnessed a huge decline in revenues following the expiration of a licensing agreement with China’s Huawei.
The Belgian company reported a net loss of €7 million ($9.22 million) for the first half of the year, compared with a net profit of €3.67 million for the same period of 2012, and saw revenues fall to just €5.15 million from €23.28 million over the same period.
Verizon Communications was poised on Monday to finally take full control of its U.S. wireless business with a $130 billion deal that would buy out Vodafone and bring an end to a decade-long corporate standoff.
The British firm said late on Sunday it was in advanced talks with Verizon (New York City, NY, USA) to sell its 45 percent stake in the Verizon Wireless joint venture for cash and common shares in what would be the world's third-largest deal of all time.