The French and German owners of Britain's largest mobile operator, Everything Everywhere, are not interested in selling and have enough cash to invest in the business, France Telecom's chief executive said on Thursday.
Investment banking sources had told Reuters last week that former chief executive Tom Alexander approached private equity groups six months ago to gauge interest in a $12.6 billion offer for the France Telecom (Paris) and Deutsche Telekom (Bonn, Germany) joint venture.
Sonus Networks, Inc., a provider of SIP communications equipment, and Network Equipment Technologies, Inc., a provider of networking services for communications in Unified Communications (UC), SIP trunking and cloud-based deployments, on Tuesday announced they have entered into a definitive agreement for Sonus to acquire NET for $42 million.
Broadband access and broadband services will be the main driver of revenue growth for mobile service providers over the next five years. However, there is currently a significant strain being placed on wireless networks. With smartphone and tablet adoption on the rise and user demand for mobile video continuing to explode, service providers are increasingly challenged to manage expanding networks.
European telecom operators are planning to charge customers more for faster new fourth-generation (4G) mobile services in the hope of recouping massive network investments and clawing back lost pricing power.
It's a risky approach since it could put off recession-weary customers and slow the adoption of a technology that benefits telcos by lowering operating costs and helping reduce network overload.
InterDigital Inc said on Monday it had agreed to sell to Intel Corp about 1,700 wireless technology patents for $375 million, sending InterDigital shares up 27%.
The agreement involves patents primarily related to 3G, LTE and 802.11 technologies.
Market research firm Infonetics Research released excerpts from a report analyzing and forecasting telecom operator revenue and capital expenditures (capex). Based on the report, Infonetics expects worldwide capex to spike in 2012, then level out in 2015 and 2016 at around the $345 billion mark.
The projected growth for the global Ethernet market is 13% CAGR to $USD 47 billion by 2016 (Ovum) and confirms a good long-term prognosis for Carrier Ethernet. With the Ethernet market continuing to grow, becoming more ubiquitous and accessible for everyone, Ethernet continues to be a bright spot in the telecoms market.
Big Data World Asia 2012 is Asia’s leading strategic conference that will prepare senior marketing and IT executives with the strategies, intelligence and technology they need to handle Big Data effectively. This will be achieved through combination of strategic keynotes and technical ‘how to’ case studies.
France Telecom would consider floating a stake in its market-leading British mobile joint venture Everything Everywhere as the tie-up finally starts to realize its potential, Finance Officer Gervais Pellissier said on Wednesday.
A new report from Juniper Research has found that strong growth amongst games and infotainment applications, in part fostered by a burgeoning consumer tablet market, will push mobile entertainment revenues to more than $65 billion annually by 2016, up from $36 billion last year.