Verizon has released its half year earnings reporting a larger than expected decline, as the business continues its efforts to diversify its proposition.
The news comes one day after the telco giant confirmed it would be acquiring Yahoo’s core internet business in a $4.8 billion, a move which has generally been accepted as an effort to ensure Verizon is not too reliant on its phone business. Total revenues for the Verizon Wireless business were $21.7 billion in second-quarter 2016, a decli
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Half year earnings backup Verizon’s move into mobile media
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Rajant Names Chris Mason Director Of Sales For EMEA Region
ICT Sales Veteran Joins Company to Strengthen Sales and Business Development in Europe, Middle East, and AfricaPHILADELPHIA – July 26, 2016 – Rajant, the pioneer of innovative mobile mesh technology for private wireless networks, announced today the appointment of Chris Mason as Director of Sales for Europe, Middle East, and Africa.Rajant makes mobile, scalable, and highly reliable kinetic wireless mesh network technology, which provides an always-on communications network so critica -
We’re more than a social network – Twitter
Twitter has announced the launch of a new marketing campaign which will aim to re-educate users on why the platform is more than a social network or an online soapbox.
The campaign follows a number of acquisitions and new feature releases which aims to move the platform away from the perception it is solely a social network. It would appear the Twitter team is not satisfied being ring-fenced into the role of social network, as it aims to expand its remit to include more advertising solutions, li -
Twitter doesn’t just want to be a social network
Twitter has announced the launch of a new marketing campaign which will aim to re-educate users on why the platform is more than a social network or an online soapbox.
The campaign follows a number of acquisitions and new feature releases which aims to move the platform away from the perception it is solely a social network. It would appear the Twitter team is not satisfied being ring-fenced into the role of social network, as it aims to expand its remit to include more advertising solutions, li -
Ofcom demands partial separation of BT and Openreach
Ofcom has ruled that Openreach will become an independent legal entity from BT, but stopped short of the complete separation much of the industry is calling for.
The ruling is the most significant step taken so far in the protracted saga over BT’s ownership of wholesale broadband provider Openreach. Ofcom has been very vocal in its displeasure at the running of Openreach this year, with the regulator saying on multiple occasions that BT has failed to ensure quality of service to its own co -
EE sale props up $3.5bn profits at Orange
Orange has released financials for the first half of 2016 where the team reported profits of $3.48 billion, largely due to the $12.5 billion sale of EE to BT, which was completed in late January.
Revenues for the first half were reported at just over $22 billion, representing a 0.3% boost for the business, though revenues were relatively stable during Q1 after seeing a 0.6% lift during the first quarter. This is now the fourth consecutive quarter of growth for the business. While the company has -
The Dynamic Spectrum Alliance welcomes Ofcom’s plans to open two more 80 MHz channels in the 5 GHz band to increase Wi-Fi speeds in the UK
Official response and comment from the Dynamic Spectrum AllianceLondon, United Kingdom, 26 July 2016: The Dynamic Spectrum Alliance (DSA) welcomes the decision by Ofcom, the independent regulator and competition authority for the UK communications industries, to consult on a proposal to increase the amount of spectrum available to Wi-Fi in the 5 GHz band. Ofcom is proposing to open up an additional ‘sub-band’, focusing on the 5725-5850 MHz range, within the 5 GHz frequency range...So -
Virgin Mobile launches in Peru
MVNO focuses on 18-34s, offering simple, contract-free data plans. -
Verizon's Q2 report shows cost of wireline walkout
U.S. telco's fixed-line connections fall by 92,000; group revenue, earnings slide. -
Tata agrees to deposit US$1.17bn DoCoMo damages
Delhi court to hold next hearing in Tata DoCoMo case at end of August. -
Philippines watchdog ordered to defend San Miguel sale review
PCC reportedly has 10 days to explain why its investigation into Globe and PLDT's €1 billion deal for conglomerate's telco assets should continue. -
Openreach should be legally separate entity within BT, says Ofcom
U.K. telco watchdog says BT's networks business should have confidential discussions with rival telcos. -
India spectrum usage ruling paves way for September auction
Telecom Commission sticks to weighted average charge with 3% floor price; Cabinet to vote next week. -
France continues to weigh on Orange top line, earnings
Telco's home market affected by decline in mobile service revenues; group reaffirms full-year outlook.
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