Last week both Visa and MasterCard announced European mobile payments partnerships. On Monday, MasterCard announced that it has entered into a mobile payments partnership with Deutsche Telekom, while Visa announced on Friday that it had joined forces with Telefonica Digital to offer a similar service.
China's Huawei Technologies is in talks with Gulf telcos Etisalat and Saudi Telecom to manage their fixed-line networks, an executive said, potentially cementing its leadership of a $1 billion regional industry.
Huawei (Shenzhen, P.R.C.), the world's second largest telecom gear maker, is in similar negotiations with several other Middle East operators, the executive said in emailed comments, but declined to name them, citing confidentiality agreements.
Worldwide IT spending is on pace to reach $3.6 trillion in 2012, a 3% increase from 2011 spending of $3.5 trillion, according to the latest outlook by Gartner, Inc.
Market research firm Infonetics Research released excerpts from its first quarter Femtocell Equipment market share and forecast report, which tracks femtocells by market segment, technology, and form factor. According to the report, following a 20% surge the previous quarter, global 2G and 3G femtocell revenue dipped 2.7% in 1Q12, even as femtocell unit shipments grew 14.0%
KPN is likely to pay less to shareholders and invest more in its telecoms networks after Mexican billionaire Carlos Slim took effective control, analysts said, in a strategy reversal intended to revive the Dutch company. America Movil, owned by Slim, acquired a 27.7% stake in KPN last week, becoming its biggest shareholder with effective control due to the low attendance rate at shareholders meetings.
Cellphone chip supplier Qualcomm Inc is changing its internal structure to protect its technology licensing business by creating a new subsidiary that will work on open source wireless developments.
The biggest developer of cellphone chips also derives a huge amount of its revenue from selling licenses for use of its vast portfolio of technology patents to companies such as cellphone makers whether or not they use Qualcomm (San Diego, Calif., USA) chips.
On Thursday, market research firm Infonetics Research released excerpts from its latest Mobile VoIP Services and Subscribers report, which found that the United States and Asia, especially South Korea, are leading the voice of LTE market, with Verizon Wireless, Metro PCS, SK Telecom and LG U+ all planning to launch VoLTE services this year.
Mobile phones subsidies are a thorn in the side of European telecom operators because they result in lower margins and increased revenue volatility, says Fitch Ratings. As much as companies would like to end handset subsidies, fierce competition in some European markets prevents individual operators from acting unilaterally.
This summer's Olympic Games in London will be the climax of several years of planning by various organizing committees, including LOCOG - the London Organizing Committee of the Olympic and Paralympic Games - the UK government-appointed organization tasked with preparing and staging the London 2012 Games.
The world's largest mobile phone company, Vodafone Group, has shaved $1.5 billion, and possibly more, off the taxes its UK operating unit might have paid in the past decade, thanks to accounting factors not seen at other European units.