KT Q2 2014 Capex dips 6.8 percent to 562.7 billion won

South Korea’s KT said on Tuesday that its Q2 2014 Capex (capital spending) declined 6.8 percent to KRW 562.7 billion. There was a dip in telecom investments into wireless and IT infrastructure. KT, the country’s No. 2 mobile carrier, ...

Amdocs Q3 revenue up 7%, net income dips 8% 

Amdocs today said its revenue grew 7.3 percent to $902.5 million for the third quarter of fiscal 2014. The company’s net income decreased 8.19 percent to $109.8 million. Meanwhile, two telecom operators in Canada selected Amdocs. First, ...

Ericsson to acquire billing vendor MetraTech

Ericsson is set to acquire US-based MetraTech, a provider of metadata-based billing, commerce and settlement solutions. The acquisition will enable Ericsson to enhance its expertise in billing and expand geographic presence in the US. Ericsson ...

NTT Docomo CEO Kaoru Kato on LTE 4G update

NTT Docomo CEO Kaoru Kato today updated the company’s plans on LTE 4G base station roll outs and focus on mobile data plans to improve revenue and profit. NTT Docomo, whose packet revenues increased by ¥23.4 billion in the first quarter of ...

ZTE launches Blade Vec 4G priced at HKD 1,499

ZTE has launched the Blade Vec 4G – priced at HKD 1,499 — and Grand S II LTE – at HKD 2,499 — in Hong Kong. Jacky Zhang, CEO of Asia Pacific and CIS regions at ZTE Mobile Devices, said: “ZTE will continue our efforts to develop ...