News

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.

Deutsche Telekom offsets European earnings weakness with strong showing in systems, U.S.

Deutsche Telekom's first-quarter 2016 earnings were broadly in line with analysts' expectations, although the Germany-based operator's domestic and broader European operations continued to show weakness during the period.

Despite the cut in fees, Europe is still far from done with mobile roaming

The end of retail roaming fees in the EU will not end the debate over mobile roaming in general, with consumers and mobile service providers continuing to face their own challenges.

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.

Telenor CFO, general counsel resign as report points to weaknesses in handling of VimpelCom

Telenor CFO Richard Olav Aa and general counsel Pål Wien Espen resigned from the Norway-based operator, after a law firm said it found weaknesses in the way the operator handled allegations of corruption at VimpelCom.

Ericsson teams with Trriple for UAE mobile wallet service

Ericsson said it has established a strategic partnership with payment services provider Trriple to provide managed mobile wallet services for the banking and smart city sectors in the United Arab Emirates.

Telefónica returns to organic growth in Spain

Telefónica hailed a return to both revenue and core earnings growth in Spain in the first quarter of 2016, with the group's new CEO José María Álvarez-Pallete noting that "for the first time in eight years both OIBDA and revenues are growing simultaneously."

Eir mobile earnings grow amid shift towards higher value post-pay users

Eir, the Irish incumbent formerly known as Eircom, reported growth in earnings from its mobile business in its fiscal Q3 -- calendar Q1 2016 -- and the nine months to end-March, as growth in its post-pay subscriber base offset declines in pre-pay user numbers.

Operators focus on getting the balance right with mobile sub-brands

Orange continued to face pressure in the mid-market segment in the first quarter of 2016, but the company managed to retain many users through its Sosh sub- or secondary brand. Analysts noted that of of the 84,000 net additions at Sosh, 79,000 came from Orange.

Analysts: Smartphone shipments decline for first time as tablet sales drop further

Strategy Analytics said global smartphone shipments fell by 3 per cent year-on-year to reach 335 million units in the first quarter of 2016, marking the first time in history that this market has shrunk on an annualised basis.

Strategy Analytics: Apple Watch market share slips to 52%

Strategy Analytics said global smartwatch shipments increased by 223 per cent annually to reach 4.2 million units in the first quarter of 2016.

EE forms global LTE Broadcast alliance with Verizon, KT and Telstra

EE unveiled a new alliance that will see the BT-owned UK mobile operator collaborate with U.S.-based Verizon, Australia's Telstra and Korea Telecom (KT) on the development and promotion of LTE Broadcast technology based on evolved multimedia broadcast multicast service (eMBMS).

Report: No 'one-type-fits-all' connectivity for IoT applications

Beecham Research said there is no "one-type-fits-all" connectivity option for the increasingly wide range of applications covered by the Internet of Things (IoT), and called for a greater focus on the actual connectivity needs of these applications rather than on the underlying technologies such as low-power wide-area (LPWA) networks.

Ericsson unveils IoT Accelerator to simplify deployment and monetisation by companies

Ericsson's head of industry and society said a forthcoming Internet of Things (IoT) Accelerator product will simplify the process of deploying and monetising IoT services.

Telenor's domestic Q1 earnings cause for concern at Jefferies

Telenor's domestic earnings in the first quarter of 2016 proved a point of concern to analysts at Jefferies, after mobile end-user service revenue grew 1.4 per cent year-on-year and total fixed line revenue fell 6.7 per cent.

Zegona still in running for Yoigo takeover - sources

Zegona remains in talks with the owners of Spanish operator Yoigo, with sources close to the deal suggesting that reports that the UK-based venture capital company had missed a key deadline for the submission of bids are inaccurate.

Report: 'Mobile-first' working environments drive business performance improvements

A new global study by the Economist Intelligence Unit (EIU) said it has established a measurable link between 'more mobile-first' working environments and an increase in employee engagement.