Telecom news

• Samsung ploughs $1.2 billion into US IoT research

  21-06-2016 19:42
  
  Samsung has pledged a $1.2 billion investment into IoT research and development over the next three years as part of a sustained effort to diversify and grow its presence in the sector.
  The consumer electronics giant has poured the investment into three of its primary R&D functions, led by Samsung Strategy and Innovation Centre, Samsung Global Innovation Center and Samsung Research America. The Korean vendor says as many as 15,000 employees will be involved with the project, which it claims
  
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• FCC unveils 5G spectrum plans while Europe starts 5G “consultation”

  21-06-2016 18:37
  
  FCC chairman Tom Wheeler has announced plans to open up and formalise spectrum requirements for 5G in the US. Meanwhile, Europe is running a survey to begin looking at it.
  In a speech at the National Press Club, Wheeler outlined his views on what the 5G radio requirements will be, and what the FCC has proposed for making the vision into reality. Wheeler spoke at length on the innovative approach 5G will require, and mainly encouraged innovation from industry, with his words suggesting a level of
  
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• Telia sells Spanish operator Yoigo to Masmovil for €479 million

  21-06-2016 17:52
  
  Spain’s fourth mobile network operator, Yoigo, has been sold by its parent company Telia to Spanish telco Masmovil to create a multiplay challenger.
  Swedish telecoms group Telia actually owned 76.6% of Yoigo, and Masmovil has acquired the remainder of the company for a total enterprise value of €612 million. Telia had been looking to exit the Spanish market for a while and entered into talks with UK investment group Zegona earlier this year, which also owns Spanish cableco Telecable,
  
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• US Agency Invests in Myanmar Tower Operator

  21-06-2016 16:02 via feedproxy.google.com
  
  The USA government's development finance agency is making its first investment in Myanmar, with a loan to a telecoms company, Reuters has reported. Click here for more.
  
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• The Philippines is Now the Fastest Growing Smartphone Market in ASEAN

  21-06-2016 16:02 via feedproxy.google.com
  
  The growing smartphone adoption among Filipinos and stronger support from telco operators drive the Philippines smartphone market to a high 20% year-over-year (YoY) growth.Click here for more.
  
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• Tele2 Announces Deal to Buy TDC Sweden

  21-06-2016 16:02 via feedproxy.google.com
  
  Sweden's Tele2 has announced that it is buying TDC's local subsidiary for US$352 million, in a deal that it said would make it a stronger player in the strategically important B2B segment in its home market. Click here for more.
  
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• Samsung's Lead Challenged on the Serbian Smartphone Market

  21-06-2016 16:02 via feedproxy.google.com
  
  The market was characterized by postponed deliveries and a decrease in smartphone sales due to vendors' hesitation to define prices. Click here for more.
  
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• Quarter of Millennials Are OTT-Only Broadband Households

  21-06-2016 16:02 via feedproxy.google.com
  
  Nearly a quarter (23%) of Millennial heads of household are OTT-only households, higher than the national average of 15% among all U.S broadband households. Click here for more.
  
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• MTN Poaches Vodafone Exec for new CEO

  21-06-2016 16:02 via feedproxy.google.com
  
  South Africa's MTN has poached a Vodafone executive as its new CEO as the firm seeks a turn around after it settled a massive fine in Nigeria. Click here for more.
  
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• Ericsson Probed Over Bribery Allegation in Greece

  21-06-2016 16:02 via feedproxy.google.com
  
  Greek authorities are questioning seven of Ericsson's employees following allegations of corruption. Click here for more.
  
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• Egypt Offers Additional Telecoms Licenses to Incumbents

  21-06-2016 16:02 via feedproxy.google.com
  
  Two of Egypt's telecoms operators have been offered additional licenses to expand their services. Click here for more.
  
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• China Mobile 4G Customer Base Nears 410 Million

  21-06-2016 16:02 via feedproxy.google.com
  
  China Mobile says that the number of its 4G mobile users surpassed 409 million at the end of May, according to media reports. Click here for more.
  
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• Android Share Growth Slows After Historic Gains Last Period

  21-06-2016 16:02 via feedproxy.google.com
  
  The latest smartphone OS data shows Android continuing to make year-on-year gains across a number of regions, though that trend is slowing. Click here for more.
  
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• AWS is losing dominance in cloud market – Hotels.com CIO

  21-06-2016 12:49
  
  Speaking at Cloud and DevOps World, Hotels.com CIO Theirry Bedos outlined some of the cloud industry’s growing trends, including the erosion of AWS’ dominant position.
  The growth of the cloud industry has been well documented over recent months, as numerous studies and surveys dominate web searches claiming adoption rates are accelerating. While it is still debatable if cloud has penetrated the mainstream market, according to Bedos, what is clear is the industry is heading that direc
  
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• Altice reshuffles management as Combes becomes CEO

  21-06-2016 12:45
  
  French media conglomerate Altice has confirmed a management restructure seeing Michel Combes become its new Chief Exec.
  Combes’ rise through the ranks has been swift since joining from Alcatel-Lucent less than a year ago. Brought in following the Nokia/ALU merger last year, Combes held the COO post and headed up its entire Numericable biz. Following Altice’s $17.7 billion purchase of American cable player Cablevision, a rejig of the top level management teams will see Combes take the
  
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• Oi makes Brazil’s largest ever bankruptcy filing

  21-06-2016 12:43
  
  Latin America’s biggest telecoms company – Brazil’s Oi – has filed for what is the country’s largest ever bankruptcy.
  Oi has over $19 billion of debts and Brazil has been struggling both economically and politically for a while. The company also made separate announcement detailing its efforts to renegotiate that debt with an ad hoc collection of its creditors.
  The announcement of the filing was every bit as convoluted and legalese as you would expect of such a
  
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• Dell sacrifices software division on the EMC altar

  21-06-2016 12:06
  
  Dell has announced Francisco Partners and Elliott Management have agreed to purchase its software business unit as the company moves towards deadline day for the EMC merger.
  The deal, initially reported by Reuters, will include the Quest Software and SonicWALL assets reportedly for just over $2 billion. Both assets were acquired by Dell in recent years, for a combined total of $3.6 billion, and while this could be seen as a big loss for the company, details of what the transaction will include a
  
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• Olive wins the 'Good to Great' award for the second consecutive year at the Comms Business Awards 2016

  21-06-2016 09:00
  
  Olive Communications were honoured to win the ‘Good to Great’ category for the second consecutive year at the esteemed Comms Business awards, which took place at the Lancaster Hotel, London. With guests from the Comms, IT and Mobile Channel, the night was a great success, featuring Celebrity host Lenny Henry as a particular highlight.As specialists in cloud delivered unified communications, contact centres and enterprise mobility, Olive has shown exceptional success in the Convergenc
  
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• Unions rubber stamp Verizon deal

  21-06-2016 02:00
  
  CWA, IBEW members 'overwhelmingly' support new contract following strike.
  
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• Telia joins battle for Finland's Anvia

  21-06-2016 02:00
  
  Sweden-based telco faces competition from Elisa, ICT investment firm Finda.
  
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• Tele2 strikes €311m deal for TDC Sweden

  21-06-2016 02:00
  
  Acquisition strengthens telco's B2B credentials; rights issue planned to maintain Tele2's financial strength.
  
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• Oi swaps Namibia telco stake for Africatel holding

  21-06-2016 02:00
  
  Brazilian operator announces new deal with Samba Luxco to bring lengthy shareholder dispute to an end.
  
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• Oi files for bankruptcy protection

  21-06-2016 02:00
  
  Brazilian operator fails to renegotiate with creditors, aims to continue offering services to customers.
  
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• Michel Combes becomes Altice CEO

  21-06-2016 02:00
  
  Dexter Goei to head up cable group's new U.S. operation as part of top management restructure.
  
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• Masmovil wins race to acquire Yoigo

  21-06-2016 02:00
  
  Zegona loses out as Spain's self-declared fourth national operator bulks up mobile business.
  
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• BT, TalkTalk wholesale pricing appeals rejected

  21-06-2016 02:00
  
  CMA throws out majority of complaints from two U.K. telcos regarding margin squeeze test in wholesale broadband market.
  
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