Myriad Group AG last week announced Telefónica Movistar has launched Myriad Social Network Services, marking the first phase of Myriad's 5-year partnership with Telefónica to provide social networking to its 13 mobile operations across Latin America.
As part of the commercial launch, Telefónica Movistar customers can now, for the first time, quickly access their social networks, viewing all their friends' latest messages while updating their own status across all of their social network communities simultaneously via one mobile screen.
Chilean telecommunications operation Empresa Nacional de Telecomunicaciones SA, or Entel, will pursue a nearly $2 billion investment plan through 2013, The Wall Street Journal online reported today.
According to daily newspaper Diario Financiero, The Wall Street Journal reported, the company's president Juan Hurtado said that Entel will focus its investments in the mobile broadband sector. Broadband has seen "explosive growth" in recent years, Hurtado said.
Telecom Argentina (Buenos Aires), one of Argentina's top telephone companies, said on Tuesday its fourth-quarter net profit jumped 28 percent as the company's mobile phone and broadband sales expanded.
The company -- controlled by Telecom Italia -- reported a net profit of 512 million pesos ($124.7 million) for the last quarter of 2010, up from 399 million pesos a year earlier, according to a statement sent to the Buenos Aires Stock Exchange.
The figure came in a shade above the median forecast for a net profit of 500 million pesos, given in a Reuters poll of four analysts.
IDTechEx (Cambridge, MA, USA), an M2M-sector analyst firm, has released their "Printed and Chipless RFID Forecasts, Technologies & Players 2011-2021" report, which predicts a spike in this market to $3.93 billion by 2019.
Portugal Telecom (Lisbon, Portugal) said today it had signed the necessary contracts to seal the purchase of a 22.38 percent direct and indirect stake in Brazil's main fixed-line phone carrier Oi (Rio de Janeiro) for 8.32 billion reais ($4.98 billion). The deal, drafted last July, effectively means the return of Portugal Telecom as a major player to fast-growing Brazil after it sold its stake in Brazil's top mobile firm Vivo to Spain's Telefonica for 7.5 billion euros last year.