News In Brief: Interoute Communications, NSN, CPP, Reliance, NSN, Apple, Emirates Telecom, Gartner
Strong demand for cloud services boosted Interoute Communications’ EBITDA 18% to €28 million in 1H10, as sales hit €139 million. The firm operates a Europe-wide network linking 100 cities in 29 countries.
Nokia Siemens Networks has boosted its network planning capabilities through the acquisition of Turkey-based engineering and services firm IRIS Telecom. The deal should be completed 1Q11.
A study of home Wi-Fi networks found that almost half can be hacked in under five seconds. The research by life assistance firm CPP also found almost 25% of private wireless networks in the UK have no password protection.
Indian cellcos Reliance and Tata Teleservices are negotiating with Apple to bring a CDMA version of the iPhone to the country, WSJ.com reports. US carrier Verizon Wireless last week revealed it will launch the smartphone early next year.
Nokia Siemens Networks will upgrade Vodafone Essar’s 2G network to 3G in six circles in India.
Apple’s share price hit a record $300 (€215) in early trading in the US yesterday, after it announced an event surrounding its Mac operating system, and analysts predicted 3Q revenues of $19 billion, WSJ.com reported.
UAE-based Emirates Telecom is seeking more than $9b (€6.4 billion) in loans to finance its purchase of a stake in Kuwaiti telco Zain, Bloomberg reports.
Worldwide PC shipments in the third quarter fell well short of forecasts Gartner said, blaming soft consumer demand in Europe and the US. Sales rose 7.6% to 88.3m units, against a forecast of 12.7%.