Last week at the World Economic Forum on East Asia in Bangkok, Alcatel-Lucent said by the end of the decade Asia will need to invest $1.1 trillion in its telecom infrastructure to compete in the digital economy.
According to the telecom equipment provider, over the past five years, Asia has added 1.5 billion additional mobile subscribers; yet still more than 25% of Asians live without basic mobile services. Over the next five years governments and business will need to add another 1.3 billion mobile subscribers to bridge the gap, says Alcatel-Lucent (Paris).
Telecom operators have recently made a major push in offering personalized services to their customers, primarily in an effort to retain customers and reduce churn. Customer churn is caused by many factors including bill shock and a lack of customer service satisfaction, two points that Idomoo, a personalized video company, has been trying to address in the telecom industry.
On Friday, AT&T Inc Chief Executive Randall Stephenson said that a sale of rural phone lines may be too difficult to pull off because of regulatory hurdles. Stephenson had said in January that the company would review the future of its roughly 20 million rural telephone lines, including the possibility for a sale. But selling the phone lines could be difficult because of their diverse geographic locations, the executive said on Friday in a webcast of a Sanford C.
On Friday, Verizon Communications Inc. announced that it is acquiring Hughes Telematics, Inc (HTI) for $612 million, or $12.00 per share in cash.
On Wednesday, Deutsche Telekom launched its M2M Marketplace, which is a platform for manufacturers and dealers to offer their hardware, software, apps and full-package services relating to M2M communication.
China's top telecoms equipment makers Huawei and ZTE denied receiving illegal government subsidies that helped them undercut rivals in recent years, after media reported the European Union planned to take action over unfair trade practices. Action by the EU could spark a trade war, analysts warned.
Last week, Everything Everywhere announced an agreement with Transport operator Stagecoach Group to offer consumers with a way to use mobile phones as tickets for public transportation. The two companies have unveiled the UK's first Government-standard commercial deployment of mobile contactless transport ticketing, which could lead to a nationwide roll out across select bus and rail services in 2013.
Sprint Nextel Corp has arranged a $1 billion credit facility to buy network equipment from Ericsson for a high-speed wireless project that will involve the shuttering of its Nextel network next year.
On Tuesday, Comcast, a U.S. cable operator, announced a free Xfinity Voice feature that brings mobile voice technologies to the home phone. The new feature, called Voice 2go, allows customers to make phone calls and send text messages for free, when made within a WiFi network, such as in a customer's home or on a public WiFi hotspot. This new service could potentially cut into wireless mobile operators’ revenue.
Ceragon Networks Ltd., a wireless backhaul provider, on Tuesday announced that it has received orders of approximately $4 million to supply microwave backhaul solutions and turnkey services including installation, project management and commissioning to the Navajo Tribal Utility Authority (NTUA). The NTUA selected Ceragon's FibeAir IP-10G to power the Navajo Nation's wireless backhaul network. The systems are part of an over 530 mile network which is made up of microwave towers and fiber optics.