China shakes up telecoms market

China has revealed plans to shake up the country’s telecoms sector, by reducing the number of state-owned operators to just three. Under the plan, China Mobile, the world’s biggest mobile operator in terms of subscribers, will merge with fixed line carrier China Tietong Telecommunications. China Telecom will take over the CDMA network of China Unicom, […]

Pelago microblog scores $15m in funding

The venture arm of Indian operator Reliance has joined T-Mobile Ventures as an investor in US startup Pelago, the company said Tuesday. Pelago is another microblog / wireless social network, which is not the only similarity it shares with Twitter. This latest round of funding also takes its current war chest up to $15m. But […]

Reliance snaps up Vanco

Indian’s Reliance Group continued its investment and acquisition binge on Monday, snapping up UK-based virtual network operator (VNO) Vanco. Reliance Globalcom said it will pay $76.9m to acquire 100 per cent of Vanco’s equity free of debt. Vanco’s peak market capitalisation had hit £380m, suggesting the company had some significant debt. Earlier this month, Vanco […]

Deutsche Telekom investigates spy scandal

Over the weekend, German super carrier Deutsche Telekom said it was launching a full investigation in to allegations of “misuse of call records”. Chief executive Rene Obermann said that recent findings suggest call record data was abused between 2005 and 2006. It is understood that people within the company had hired an external firm to […]

Change of guard at Voda as Sarin steps down

Vodafone chief Arun Sarin is to step down from his post after five years at the helm. The announcement came as the world’s biggest operator by revenue reported a profit of £6.7bn for the year to end March 31, versus a loss of £4.8bn in the previous year. Revenues also jumped 14.1 per cent year […]

Providence buys into big Idea

Private equity group Providence Equity Partners said Thursday that is has invested $640m in a subsidiary of Indian mobile operator Idea Cellular. The investment is on Aditya Birla Telecom Limited (ABTL) and will get providence a 16 per cent stake in Indus Towers, a joint venture formed by Vodafone Essar, Bharti Airtel and Idea to […]

Voda taps Alcatel-Lucent for managed services

Another win for the outsourcing market on Friday as mobile operator Vodafone UK signs a managed services agreement with Alcatel-Lucent for the support, maintenance and upgrade of a range of technical platforms. Under the five year agreement, Alcatel-Lucent will carry out maintenance and operations for Vodafone UK’s Intelligent Network & Core Applications platforms, as well […]

Cable & Wireless considers demerger

UK-based carrier Cable & Wireless said Thursday it is considering splitting the company into two parts, as it reported a decline in annual profit. C&W said that profit for the year to end March 31 fell to £220m from £234m in the pervious year. Revenues declined from £3.34bn to £3.15bn over the same period. At […]

North Korea gets 3G up and running

Egypt’s Orascom Telecom has revealed that it has successfully trialled WCMDA 3G services inside the so called Democratic People’s Republic of Korea. The company, which won a contract through its subsidiary, Cheo Technology, won a licence to deploy a cellular network earlier this year, bringing the first official, commercial 3G mobile services to the country. […]

3UK hit hard by competition authority ruling

The UK mobile operation of Hong Kong conglomerate Hutchison Whampoa was struck a severe blow on Tuesday, as competition authorities ordered the company to cut its call termination rates by 45 per cent. Mobile call termination rates (MTR) are the charges one network operator imposes on another to connect calls on its network. The ruling […]

Voda eyeing up Huawei’s handset business?

While Vodafone has still got its wallet out, some speculators believe the mobile operator is eyeing up a portion of Chinese manufacturer Huawei’s handset business. Rumour has it that Huawei decided to put up to 50 per cent of its handset business on the market last week, in a bid to raise around $2bn and […]

America Movil

America Movil’s rapid rate of expansion throughout Latin America has helped its owner, Carlos Slim Helu, obtain a prominent seat at the table of world’s super rich.

Vodafone buys up rest of Arcor

Monster mobile carrier Vodafone said Monday that it has agreed to acquire the remaining 26.4 per cent interest in German fixed line operator Arcor for Eur474m in cash. Such a move has been on the cards for some years now. At the CeBit trade show in 2006 Vodafone Germany’s chief executive suggested it was possible […]

Bharti, MTN deal more a merger of equals

Indian operator Bharti Airtel has moved to quash rumours that it is planning to bid for South Africa-based MTN Group. After the Indian firm confirmed that it was in discussion with MTN earlier this month, speculation of an acquisition was rife. However, Bharti has since revealed that the nature of the discussion is more focused […]

Virgin brings WiMAX to Russia

A Swiss based telecom holding company, Trivon, has formed a partnership with Richard Branson’s Virgin Group to bring WiMAX services to Russia under the Virgin Connect brand. Over the weekend, Trivon, which operates the network, launched services in 32 Russian regions including Moscow, St. Petersburg and the 20 largest cities where it holds the required licences […]

Verwaayen says farewell to BT

UK incumbent BT said goodbye to chief executive Ben Verwaayen on Thursday, as the company reported an 18 per cent year on year drop in profit for the period to the end of March. Verwaayen, who finishes a six year tenure this month, said that quarterly profit after leavers expenses and specific items came in […]

Get it while it’s hot: Sprint’s mobile WiMAX is ready

US operator and WiMAX pin up Sprint has announced that Samsung has met its commercial acceptance criteria for mobile WiMAX. This means Sprint is happy with the overall performance, handoff performance and handoff delay. Korean vendor Samsung is building out mobile WiMAX networks for Sprint in Baltimore and Washington DC. Since finalising a supply agreement […]

Vodafone gets social with Zyb acquisition

The social networking bandwagon got a little more crowded Friday morning as Vodafone announced plans to acquire Danish social networking firm Zyb for Eur31.5m in cash. Zyb is a little different from the MySpaces and Facebooks of the social networking world however, in that its focus is on enabling users to back up and share […]

Virgin eyes up Helio

The US MVNO market is still rocky and an announcement made late Wednesday suggests consolidation may lie ahead. Virgin Mobile USA confirmed today that the company is in discussions with Korean carrier SK Telecom, which owns US MVNO Helio. Virgin stressed that these discussions “are in early stages, and there are no assurances that any […]

Telekom Austria profit cut by 12%

Austrian carrier Telekom Austria said Wednesday its net profit for the first quarter dropped 11.9 per cent year on year to Eur129.7m. The operator attributed the decline to costs associated with its Eur730m acquisition of Belarusian cellco MDC in October. However, MDC’s contribution also helped boost revenues by 9.9 per cent year on year to […]

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