PARIS (Reuters) - Europe's big telecom firms are back to rude financial health after years of poor results and regulatory pressure, drawing crowds of new investors and protests from rivals who worry the formerly state-owned companies may rebuild their monopolies.
Germany's Deutsche Telekom and Spain's Telefonica have predicted that revenues will grow this year, while France's Orange and Norway's Telenor have promised higher future dividends, a major motivation for investors in the sector.
(Reuters) - International Business Machines Corp, which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.
The aggressive target, set by IBM executives at the company's annual investor meeting in New York on Thursday, is the latest step for the technology giant towards emerging, high-margin businesses, and away from its previous strongholds in hardware and servers.
The Machine-to-Machine (M2M) communications market is seen as the future for wireless revenue growth with various reports touting market size to reach 50 billion connections by 2020.
BEIJING (Reuters) - Last summer, lawyers from Chinese telecoms gear maker ZTE Corp began writing to half a dozen local handset makers it believed used its patents. Its message was simple: it's time to pay up.
ZTE's efforts to collect patent royalties - months ahead of Qualcomm Inc's China antitrust settlement this week, according to people with knowledge of the matter - shows how that deal has already changed the way China's booming smartphone industry does business.
LONDON (Reuters) - British data center provider Telecity Group Plc has agreed a non-binding $2.2 billion all-share deal to buy New York-listed Interxion Holding NV, looking to tap growing demand for "cloud" technology.
Shares in Telecity, which like its new partner operates some of the huge computer centers which process traffic on the Internet, rose more than 16 percent to their highest in some 19 months.
(Reuters) - Two U.S. senators on Tuesday revived legislation that seeks to allocate more airwaves to public Wi-Fi by requiring regulators to quickly test how shared radio frequencies could coexist alongside those used for communications among smart cars.
The bill by Senators Marco Rubio, a Florida Republican, and Cory Booker, a New Jersey Democrat, would direct the Federal Communications Commission to study how more spectrum can be freed up for public use without interfering with connected vehicles, which are incumbent users.
PARIS (Reuters) - In the final year of his turnaround plan, Alcatel-Lucent's boss is pushing the telecom network gear maker to diversify its customer base by selling Internet equipment to large technology companies and multinational corporations.
Chief Executive Michel Combes' plan to put more emphasis on so-called edge and core routers that direct traffic on the Internet has allowed the company to set itself apart from traditional mobile rivals Ericsson and Nokia, and leads it into competition with U.S. networking giant Cisco.
FRANKFURT (Reuters) - Intel has agreed to buy German network chipmaker Lantiq for an undisclosed amount to expand its range of chips used in Internet-connected gadgets, the companies said on Monday.
The former Infineon unit was bought in 2009 by private equity firm Golden Gate Capital for 250 million euros ($280 million). Deutsche Telekom was among the companies invested in Lantiq through Golden Gate.
BRASILIA (Reuters) - Brazil's government has no preferred model for consolidation of the country's telecom market, a source told Reuters on Thursday, leaving behind the days when Brazilian telecom company Oi SA was held up as a "national champion".
As long as companies continue investing in their networks and offering competitive services, the government is not concerned about the widely anticipated shift from four major carriers to three, the source said on condition of anonymity.
During the last week, California-based Dell’Oro Group released several reports indicating growth in key WAN equipment sectors.
The biggest winner, if forecasts hold true, would be vendors in the Layer 2-3 Ethernet Switch market, which Dell’Oro analysts estimate will exceed $25 billion in 2019. Continued adoption of Software Defined Netowrking (SDN) architectures and Cloud deployments will drive sales of white box switching, software, and 100 Gigabit Ethernet equipment, according to the report.