Everything Everywhere could float stake: France Telecom

Reuters

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.

Mobile entertainment revenues to hit $65 billion by 2016

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.

Brazil assigns 4G cell spectrum for 2014 World Cup

Reuters

Brazil assigned frequencies on Tuesday for next-generation wireless broadband coverage required for the 2014 World Cup, racing ahead with forth generation (4G) cell service in host cities even as coverage for older technologies lags in the rest of the country.

Sprint chooses Ciena for network upgrade

Ciena Corporation, a supplier of telecommunications network equipment, on Wednesday announced that Sprint is upgrading its optical backbone network with Ciena's 6500 Packet-Optical Platform. The updated network, powered exclusively by Ciena, will enable Sprint to enhance transport network scalability and performance.

Sprint chooses Ciena for network upgrade

Ciena Corporation, a supplier of telecommunications network equipment, on Wednesday announced that Sprint is upgrading its optical backbone network with Ciena's 6500 Packet-Optical Platform. The updated network, powered exclusively by Ciena, will enable Sprint to enhance transport network scalability and performance.

Gemalto selected by U.S. Cellular for LTE deployment

On Wednesday, Gemalto, a digital security company, announced it has been selected by U.S. Cellular, a mobile operator serving six million customers in 26 states, for its fourth generation (4G) Long Term Evolution (LTE) service launch.

Verizon Wireless unveils shared data plans; rivals may follow

Reuters

Verizon Wireless is revamping its prices with new service plans that include unlimited calls and texts and the ability for customers to share their data allowance among multiple devices as it looks to shake up the U.S. wireless industry.


The biggest U.S. mobile operator is hoping to entice customers to connect more gadgets like tablet computers to its network with the new plans as customers will be able avoid paying separate data subscriptions for each device.

M&A could help telcos close European network gap

Reuters

Europe's top technology regulator Neelie Kroes supports consolidation as one way to create a handful of strong cross-border telecom leaders, which can invest more in mobile and broadband networks to close the gap with the United States and Asia.

Vodafone, Telefonica form joint venture for shared 4G UK grid

Reuters

Vodafone and O2 will share a network in Britain to cut the cost of building a new superfast service, leading the way in a likely shake-up of a sector that is battling falling revenues and high investment costs.


Europe's telecom sector is chasing ways to meet the rising cost of keeping pace with technological advances and customer demands, with tie-ups and co-operation deals the order of the day; the arrival of emerging markets billionaire Carlos Slim on the European telecom scene is also ramping up the pressure for consolidation.

Telefonica sells part of China Unicom stake

Reuters

Spanish telecoms giant Telefonica has signed an agreement with China Unicom to sell almost half its stake in the company back to China's second largest telecom operator, Telefonica said in a stock market notice on Sunday.


The sale will allow heavily indebted Telefonica (Madrid) to "increase its financial flexibility", the statement said. The Spanish firm will remain a key shareholder in China Unicom (Beijing, P.R.C.) by holding onto a 5.01% stake in the company.

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