Qualcomm lowers revenue outlook due to tough biz in China
Qualcomm CEO Steve Mollenkopf today said it lowered its revenue outlook for the semiconductor business for the second half of the fiscal year due...
CommScope to acquire TE Connectivity’s telecom biz for $3 bn
CommScope has decided to acquire TE Connectivity’s telecom, enterprise and wireless businesses for nearly $3 billion.
The telecom business of TE generated sales of $1.9...
AT&T telecom infrastructure Capex to dip 17% in 2015
Capex (capital investment) of American wireless carrier AT&T will decrease 16.7 percent to $18 billion in 2015 against $21 billion in 2014.
AT&T, while announcing...
AT&T Q4 2014 revenue and strategy analysis
American wireless carrier AT&T reported solid Q4 2014 earnings backed by growth in the postpaid and connected device segments.
AT&T’s postpaid subscriber growth increased 50.9...
Telecom spectrum auction postponed to March 4
New Delhi, Jan 27 The Department of Telecommunications (DoT) said the auction for 2G and 3G telecom spectrum will be deferred to March 4 from February...
Idea Cellular spends $155 mn for 2,326 2G sites and 2,580 3G sites in...
India telecom service provider Idea Cellular today said it rolled out 2,326 2G cell sites and 2,580 3G cell sites during the third quarter...
Ericsson revenue up 1% to $8.19 bn in Q4 2014, net income dips 35%
Ericsson revenue in Q4 2014 rose 1 percent to SEK 68 billion or $8.19 billion, while net income dropped 35 percent to SEK 4.2...
Ericsson India revenue up 20% to $289 million in Q4 2014
Ericsson India revenue in Q4 2014 grew 20 percent to SEK 2.4 billion or $289 million.
The quarter-on-quarter growth was 18 percent, said Ericsson.
India, based...
Telecom spectrum sharing and trading guidelines will be delayed
Spectrum sharing and trading guidelines will be delayed since the Department of Telecom (DoT) is planning to send back TRAI recommendations for further consideration.
A...
AT&T to acquire Nextel Mexico for $1.8 bn, after buying Iusacell for $2.5 bn
American wireless carrier AT&T is set to acquire Nextel Mexico in a deal valued at $1.875 billion, less the outstanding net debt of the...
BSNL to offer free Wi-Fi in 2,500 cities over 3 years
Prime Minister Narendra Modi-led India government is planning to offer limited period free Wi-Fi service in 2,500 cities and towns across the country over...
Vodafone India CEO Marten Pieters steps down, Sunil Sood to replace
Vodafone India today said its CEO Marten Pieters has stepped down. The telecom operator’s COO Sunil Sood will be the new CEO.
However, Pieters will...
SK Telecom, Nokia plan to demo 5G in 2018 and commercialize in 2020
SK Telecom and Nokia Networks today said they plan to demo 5G in 2018 and commercialize 5G service in 2020.
A part of a Memorandum...
Telecom service revenue of China up 3.6% to $188 bn in 2014
China government said the country’s telecom business revenues increased 3.6 percent in 2014 to $188.4 billion or 1.154 trillion yuan.
In 2013, China's telecom business...
Telecom minister: cabinet clears spectrum for defence and telecoms
New Delhi, Jan 21 Telecom minister Ravi Shankar Prasad today said the Indian cabinet has cleared spectrum for defence and telecom service provider, putting an...
India may impose Swachh Bharat tax on telecom services
India government may impose a tax on telecom services to create a corpus for funding the Swachh Bharat initiative.
The immediate impact will be increase...