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.
The European Commission has set out rules aimed at reducing the cost of building high-speed broadband networks, in a move that shows how Brussels is seeking more power over the telecoms sector.
The initiative is important because European leaders are worried that debt-laden telecom operators' slow pace of investment is saddling the region with weak infrastructure that over time could hobble its already recession-wracked economies.
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.
Germany’s Deutsche Telekom has signed what it calls a “nearly double-digit million euro contract” with cargo monitoring service provider arviem for the provision of M2M services.
The operator describes the deal as an “important building block” for expanding its presence in the M2M market.
The two companies are to work together on providing real-time monitoring services for freight consignments, with Deutsche Telekom (Bonn, Germany) contributing hardware and SIM cards while arviem (Baar, Switzerland) provides the software needed to evaluate data.
Middle East operator du has signaled its strong interest in M2M through a new partnership with hardware vendor Gemalto.
The operator says it will use Gemalto’s machine identification modules (MIMs) in all of its major M2M initiatives across a variety of end markets, including the oil and gas, retail, healthcare, power management and transportation sectors.
App-connected vehicles are set to account for 20% of all consumer cars in Western Europe and North America by 2017, according to a new connected-cars study from Juniper Research.
According to the analyst firm, advancements in entertainment head-units and higher smartphone penetration will be largely responsible for the increase in app-connected vehicles over the forecast period.
Speculation about a Vodafone withdrawal from the US is once again mounting after a report in the UK’s Sunday Times newspaper claimed the UK operator is preparing to sell its 45% stake in Verizon Wireless in a deal that could raise as much as $135 billion.
Without saying where it had obtained the information, the Sunday Times said Vodafone (Newbury, UK) was in discussions with joint venture partner Verizon Communications (New York City, NY, USA) and that a sale could happen by the summer.
Canadian new entrant Wind Mobile is being groomed for a sale by parent company VimpelCom, according to a report from Canada’s Globe and Mail newspaper.
According to unnamed sources cited by the newspaper, VimpelCom (Amsterdam, Netherlands) has hired UBS (Zurich, Switzerland) to provide advice on a transaction that could generate up to C$1 billion ($979 million), while AAL Corp – the investment company owned by Wind Mobile (Toronto, Canada) chief executive Anthony Lacavera – is considering whether to bid for the operator in partnership with Naguib Sawiris.
Scandinavia’s TeliaSonera has claimed to be the first operator in Europe to launch a mobile service that lets any customer use a number of devices as part of the same tariff.
Branded Telia Mobil Dela, or Telia Mobile Share, the service allows customers to connect smartphones, tablets and other mobile devices for a fixed monthly fee that includes a voice, messaging and data allowance.
TeliaSonera (Stockholm, Sweden) says that additional devices can be added at a lower monthly price and that the ‘data bucket’ can be shared between devices and adjusted on a monthly basis.
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.