Financial

Deutsche Telekom to consider partner for T-Mobile U.S.: CEO

DT last year tried to sell T-Mobile US to Sprint who dropped its bid after regulatory resistance

Reuters

COLOGNE, Germany (Reuters) - Deutsche Telekom will consider any partner that can improve profitability at its U.S. operations, its chief executive told the company's annual shareholders meeting.

Chief Executive Tim Hoettges said on Thursday T-Mobile US, of which Deutsche Telekom owns 66 percent, was in much better shape than two years ago.

"But it is our duty to go on improving the return on T-Mobile US," he added. "If we find a partner who will help us to do so, we will obviously consider it."

China to spend $182 billion to boost Internet by end of 2017

Goal is to accelerate the development of fiber optic broadband and high speed 4G mobile networks

Reuters

BEIJING (Reuters) - China will spend more than $182 billion to boost Internet speeds by the end of 2017, a top government body said, as Beijing moves towards a more service-driven economy to boost growth.

The State Council said the government will invest more than 430 billion yuan ($69.3 billion) this year on network construction, with at least another 700 billion yuan ($112.8 billion) spent over the following two years.

The goal is to accelerate the development of fiber optic broadband and high speed 4G mobile networks, the governing body said on its website.

Vodafone's return to growth hints at wider sector recovery

Weak spot in the results was Germany, where it was hit by stiff competition

Reuters

LONDON (Reuters) - Britain's Vodafone posted a rise in quarterly sales for the first time in nearly three years on Tuesday in the clearest sign yet that Europe's mobile market is edging towards recovery.

The world's second largest mobile operator has been hit hard by the constraints on consumer spending in its big European markets, fierce competition in India and by regulator-imposed price cuts around the world.

But on Tuesday it finally forecast 2016 core earnings growth on an organic basis following seven straight years of declines.

Cisco profit edges past estimates despite weak telecom spending

Several analysts have interpreted the transition as a signal of changing priorities

Reuters

(Reuters) - Cisco Systems Inc's quarterly profit edged past market estimates as demand for new switches, routers, wireless gear and servers made up for sluggish spending by telecom customers and weak sales in emerging markets.

The network equipment maker is making a transition toward high-end switches and routers and investing in new products such as data analytics software and cloud-management tools.

Last month, market research firm Gartner forecast a decline in telecom services spending this year.

Canada raises more than C$750 million in telecom spectrum auction

Telus Corp emerged as the big winner from the auction

Reuters

TORONTO (Reuters) - The Canadian government said on Tuesday it had raised C$755.4 million ($627.77 million) in a 2500-megahertz spectrum auction set to boost telecom coverage in rural areas across the vast country.

Telus Corp, one of Canada's three biggest telecom companies, emerged as the big winner from the auction. It paid C$478.8 million for 122 licenses across the country, snagging over 40 percent of the licenses sold through the auction.

Enel offers to help build Italy's fibre broadband network

Move could bring utility company into conflict with Telecom Italia

Reuters

MILAN/ROME (Reuters) - Italian power utility Enel has written to the Italian communications regulator offering to help with building a nationwide ultrafast broadband telecoms network, a move that could bring it into conflict with Telecom Italia.

Enel, which is controlled by the Italian government, wrote a letter to the regulator on April 14 saying its domestic network could be used to help install fibre optic cables more cheaply.

Chinese smartphone market, world's largest, shrinks in first-quarter: study

In Q1 2015, smartphone shipments in China shrank for the first time in six years

Reuters

BEIJING (Reuters) - China's smartphone market has reached saturation, according to a new study by industry analyst IDC that carries potentially significant implications for the global handset industry led by giants like Apple Inc and Samsung Electronics Co Ltd.

During the first quarter of 2015, smartphone shipments in the world's most populous country shrank for the first time in six years to 98.8 million, down 4.3 percent from a year earlier, IDC said in report on a Monday, attributing the slump to "market saturation".

Spain's Telefonica bets on price hikes to end six-year slump

Higher rates to take effect on May 5, should add up to 300 million euros

Reuters

MADRID (Reuters) - Telefonica's move to hike prices in Spain is a bold bet that could finally draw a line under a six-year slump, cut the firm's reliance on Latin America and give it a leg up over rivals on the lucrative premium telecoms market, sources and analysts say.

The telecoms giant, whose revenues have dropped 13 percent worldwide and 42 percent in Spain since 2008, has focused on fewer markets, cut debt and invested in new high-speed networks and exclusive television contents to try and regain its mojo.

TMT Finance and Investment Africa 2015

Date
Start Date: 
Tuesday, June 23, 2015
End Date: 
Tuesday, June 23, 2015

London:

Join the key industry and finance leaders investing in telecommunications in Africa

Configure
The 6th TMT Finance & Investment Africa 2015 Conference takes place at the Millennium Hotel Mayfair, London on June 23, 2015.

Nokia's network profits drop, raise concerns over Alcatel deal

Ranks of investors betting against Alcatel-Lucent appear to be growing

Reuters

HELSINKI/PARIS (Reuters) - Finland's Nokia reported quarterly profits well below market forecasts at its telecom network equipment business, sending its stock tumbling 10 percent and raising concerns over its planned takeover of smaller rival Alcatel-Lucent.

First-quarter revenue was ahead of expectations, but operating profit dropped 61 percent, which Nokia blamed largely on the need to cut prices to secure major mobile contracts in China and on weaker software sales.

Syndicate content

Featured Big Data Reports

Market Opportunity: Big Data in the Internet of Things
Big Data and Analytics software and applications will play a crucial role in making IoT a success. The data generated through sensors embedded in various things/objects will generate massive amounts of unstructured (big) data on real-time basis that holds the promise for intelligence and insights for dramatically improved decision processes.

 

Structured and Unstructured (Big) Data in Telecom Analytics
This report provides the reader with a broad understanding of telecom data (structured and unstructured/big data) and related analytics. The report identifies market drivers and opportunities as well as forecasts for certain key growth areas such as deep packet inspection.

 

Telecom Carrier Big Data Operations, Applications, and Services
Telcos have a major advantage in that they have many sources of data but if they want to monetize that data and derive meaningful, actionable analytics it could be challenging due to the complexities of correlation, prediction, and the massive volumes of data from different sources.

 

Affordable Market Reports on Big Data, IoT, CDN & More!
Access the exclusive new series of market research reports brought to you through the partnership of Mind Commerce research and TelecomEngine.com.
Browse the latest titles

 

 

 

Featured Events & Partners

The Telecom Exchange (TEX)
Wednesday, June 24, 2015

Cipriani Wall Street, New York City

Designed to navigate enterprise and carrier network operators through all carrier hotels and colocation houses available in the US and globally.

Visit event website...