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Virgin Mobile MEA in talks with banks over IPO

Virgin Mobile Middle East & Africa (VMMEA) is considering a possible initial public offering (IPO) to fund its expansion plans in the region.

Swisscom CEO criticises plans that would limit operator's ability to generate profit

Swisscom CEO Urs Schaeppi hit out at government proposals that would curb the ability of state-owned companies to generate profits, as the operator reported a 3.7 per cent year-on-year rise in net income for the opening quarter of 2016.

Machina Research: 'Missing' IoT revenue boosts forecasts to $4T by 2025

Machina Research said it has become clear that the Internet of Things (IoT) represents a far greater revenue opportunity than that offered by machine-to-machine (M2) applications alone.

STC launches Jawwy brand with ItsOn to disrupt Saudi mobile market

Saudi Telecom Company (STC) launched a new brand called Jawwy as part of a new effort to target so-called "digital natives" and disrupt the Saudi mobile market.

ABI Research: LTE M2M cellular module shipments to exceed 50% of total by 2021

The recent ratification of the Cat M1 standard and later Cat M2 indicates that LTE will rapidly replace 2G and 3G connections in some of the major M2M markets.

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Arris reported a 33 percent uptick in first quarter revenue to $1.615 billion, a result that exceeded analysts' forecast and was driven by improvements in both network/cloud and CPE sales.

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AT&T is shifting the web properties once hosted by Yahoo to a new provider, Synacor, including its att.net portal, search feature, and branded applications, The Wall Street Journal reports.