The International Telecommunications Union has said broadband services remain unaffordable in many parts of the developing world and urged governments to work on lowering their cost.
In a new report published this week, the international standards body said that in 2011 broadband access cost more than half of national average income in 30 economies and more than national average income in 19 economies.
While the price of broadband access was less than 2% of average income in 49 economies, most of those were in the developed world.
TiVo Inc (Alviso, USA) will receive at least $250.4 million from Verizon Communications Inc (New York, USA) as part of a patent litigation settlement, the video recorder pioneer said on Monday, sending its shares up 5 percent.
TiVo has had to turn to litigation to generate revenue from licensing fees as the company has struggled to fight competition from low-cost rivals in recent years.
The settlement, which marks a big victory for TiVo, follows a similar deal it reached in January with AT&T Inc (Dallas, USA), which agreed to pay $215 million.
Telecoms retail revenues in emerging Asia-Pacific markets are forecast to increase from $229.7 billion in 2011 to $323.7 billion by 2016, according to a new report from Analysys Mason.
Growth will be driven by the adoption of data services on smartphones and other mobile devices, with 3G and 4G connections accounting for 46% of the total by 2016.
The study looks at Bangladesh, China, India, Indonesia, Malaysia, Pakistan and Thailand, noting that China and India account for 68% of the region’s population, 64% of active SIMs and 75% of retail revenues.
Time Warner Cable (New York, USA) intends to sell its 7.8% stake in mobile broadband provider Clearwire (Kirkland, USA), according to Dow Jones Newswires.
The cable operator has made clear its plans in a regulatory filing and also notified other Clearwire investors, which have the option of purchasing all or part of the stake.
Time Warner paid around $550 million for its interest in Clearwire back in 2008, but the shares would fetch only about $73.3 million at current prices.
Alcatel-Lucent (Paris, France) has signed a contract with Azteca Comunicaciones Colombia (Bogota, Colombia) to build a broadband network in the Latin American country.
The operator aims to connect 753 municipalities and bring high-quality TV, video, voice and high-speed data services to millions of consumers and business users.
As a major supplier on the project, Alcatel-Lucent will deploy broadband infrastructure in some 216 of those municipalities.
The UK government hopes to speed progress to a superfast broadband future by allowing operators to roll out their networks without gaining the planning approval normally required by authorities.
Under new rules announced by Maria Miller, who replaced Jeremy Hunt as culture secretary in a cabinet reshuffle earlier this month, operators will be able to install street cabinets and other broadband equipment without first seeking approval from local councils.
Brazilian telecoms operator GVT (Curitiba, Brazil) has reported impressive gains in revenues while trimming its forecast for overall sales growth this year.
The company saw net income rise by 31.4% to 2.05 billion Brazilian reais ($1.01 billion), compared with the first half of 2011, buoyed by the take-up of fast broadband connections and greater usage of voice services.
Were it not for a new tax rate, the company says its revenues would have grown by 42% year on year.
This update is led by a team of ICT experts with extensive Myanmar and regional experience. Besides industry review, the briefing provides forecasts on future trends and expected developments thus enabling you to:
Telekom Austria (Vienna, Austria) chief executive Hannes Ametsreiter has said the Austrian telecoms incumbent is to explore possible synergies with KPN (The Hague, the Netherlands), its counterpart in the Netherlands, according to Dow Jones Newswires.
The two telecoms companies have a common shareholder in America Movil (Mexico City, Mexico), the Latin American mobile-phone operator owned by Mexico’s Carlos Slim, one of the world’s wealthiest men.
Ametsreiter said that talks with KPN were due to begin shortly.
Telecom New Zealand has reported huge gains in profitability thanks to one-off adjustments related to the demerger of its infrastructure business in December last year.
New Zealand’s incumbent operator reported net profit of NZ$1.2 billion ($973 million) for 2012, compared with just NZ$166 million last year, several months after agreeing to spin off Chorus.
The company agreed to the separation under pressure from the New Zealand government, but Chorus was subsequently awarded the bulk of contracts to build a new fibre-optic broadband network across the country.