Telekom Austria has announced new mobile deals abandoning the unlimited data packages that have become commonplace and instead offering free voice and text messages.
The move, in Europe's most keenly-priced market, is a bet that soaring data usage can replace dwindling revenues from the former cash cows of voice and texts, which are coming under pressure from Web-based competitors.
Telekom Austria said on Thursday it would offer only the new tariffs after existing contracts ran out.
UK mobile-phone operator EE says it has switched on its 4G network in another 13 cities and now covers half the country’s population with the superfast mobile service.
The joint venture between Deutsche Telekom (Bonn, Germany) and France Telecom (Paris, France) is racing to boost availability and take-up as its rivals prepare to launch their own 4G services.
Some Internet-based communication tools such as Skype and Whatsapp flout Saudi Arabia's telecom laws, the regulator said on Sunday, instructing telecom operators to quickly ensure these services comply.
The announcement from the kingdom's Communications and Information Technology Commission (CITC) follows local newspaper reports last week that claimed the government had asked telecom companies to look at ways to monitor or block these services.
Russia's top mobile phone operator MTS said on Friday it has acquired a 25.1 percent stake in MTS Bank for 5.1 billion roubles ($164 million) by buying additional shares issued by the bank.
The deal was concluded in accordance with the terms of an indicative offer between MTS (Moscow, Russia), MTS Bank and their majority shareholder Sistema (Moscow, Russia) that were announced in October 2012.
MTS now owns around 27 percent of MTS Bank, Sistema has a 65.3 percent stake, while the balance of shares is held by other minority shareholders, MTS said in a statement.
Now in its 6th year, the prestigious Datacentre Awards provide exceptional marketing differentiation for both winners and runners up and recognized as the premier International industry accolade.
Europe's global meeting place and premier forum for more than 1000+ users, operators and practitioners of IT infrastructure from more than 35 countries. BroadGroup research forecasts that strong vertical market demand will drive growth in outsourcing to third party datacentres in Europe, and will equate to almost 30% of users by the beginning of 2016.
Swedish equipment vendor Ericsson says it has completed its planned reduction of operations in Sweden, slashing 1,399 positions and laying off 919 employees.
The costs of the exercise are expected to run to approximately SEK1.5 billion ($231 million), which will have an impact on the company’s next set of quarterly results.
Ericsson says the redundancies affected all sites in Sweden apart from Falun, Hudiksvall, Kalmar and Katrineholm.
But Ericsson’s premises in Stockholm bore the brunt of the cutbacks, losing 569 employees.
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.