Telecom news

• GTCR pays $800 million for Chicago telecom company - Crain's Chicago Business (blog)

  02-11-2016 23:22
  
  Crain's Chicago Business (blog)
  GTCR pays $800 million for Chicago telecom company
  Crain's Chicago Business (blog)
  GTCR, Chicago-based private equity firm, is paying $23 per share for a stock, a 37 percent premium to its close yesterday at $16.76 per share. After the deal was announced today, the stock soared in value by a third, to $22.40, raising its market cap ...
  Inteliquent Agrees to be Acquired by GTCRTelecom Reseller (press release)all 3 news articles »
  
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• Qualcomm quarterly results top expectations, revenues up 13%

  02-11-2016 23:02 via feedproxy.google.com
  
  (Telecompaper) Qualcomm reported better-than-expected results for its fiscal fourth quarter to September, driven by new licensing agreements in China and smartphone demand in other emerging markets. The chipmaker's revenues rose 13 percent year-on-year to USD 6.2 billion, at the top of its outlook for USD 5.4-6.2 billion, and EPS jumped 60 percent to USD 1.07, beating its guidance and supported by its share buyback programme. Operating cash flow increased 24 percent to USD 2.1 billion.
  
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• BRIEF-Wireless Telecom reports Q3 earnings per share $0.01 - Reuters

  02-11-2016 22:59
  
  BRIEF-Wireless Telecom reports Q3 earnings per share $0.01
  Reuters
  WASHINGTON, Nov 2 The U.S. Justice Department filed a lawsuit on Wednesday against AT&T's DirecTV, alleging it acted as a ringleader to illegally swap information with rival pay-TV providers about negotiations over showing Dodgers baseball games in ...and more »
  
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• Facebook nearly triples Q3 profit but warns of slowdown

  02-11-2016 22:52 via feedproxy.google.com
  (Telecompaper) Facebook reported a strong increase in revenues and profitability in the third quarter, driven by growth in its ad revenues as well as more users of the social network. Revenues were up 56 percent year-on-year to USD 7.011 billion, of which 84 percent was ad revenues, up from 78 percent a year ago. The company's net profit jumped to USD 2.379 billion or 82 cents a share from USD 896 million or 31 cents a share. Facebook reported 1.79 billion monthly active users for the period, up
  
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• Telecom CEO's Deal-Making Puts Louisiana Town at Center of ... - Wall Street Journal

  02-11-2016 22:48
  
  Wall Street Journal
  Telecom CEO's Deal-Making Puts Louisiana Town at Center of ...
  Wall Street Journal
  Monroe-based CenturyLink's CEO Glen F. Post is vying to turn the company into one of the biggest internet providers in the world with its $25 billion deal for ...and more »
  
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• Telecom CEO's Deal-Making Puts Louisiana Town at Center of Internet - Wall Street Journal

  02-11-2016 22:48
  
  Wall Street Journal
  Telecom CEO's Deal-Making Puts Louisiana Town at Center of Internet
  Wall Street Journal
  When Glen F. Post III took the top job at CenturyTel in 1992, the first website was little more than a year old, IBM computers dominated the workplace and mobile phones stood nearly a foot tall. Some 24 years later, the internet and cellphones have ...and more »
  
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• Telecom Chip Merger Madness Running Against Open Hardware Tide - Techzone360

  02-11-2016 22:46
  Telecom Chip Merger Madness Running Against Open Hardware Tide
  Techzone360
  Putting together semiconductor companies is the fad of the season, but success may be fleeting. Multi-billion dollar mergers rarely yield the sorts of success promised to investors, especially in a market where tech is treading water and new ...and more »
  
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• Wireless Telecom Group Announces Third Quarter 2016 Financial Results - Business Wire (press release)

  02-11-2016 22:00
  
  Wireless Telecom Group Announces Third Quarter 2016 Financial Results
  Business Wire (press release)
  PARSIPPANY, N.J.--(BUSINESS WIRE)--Wireless Telecom Group, Inc. (NYSE MKT:WTT) announced today results for the third quarter ended September 30, 2016. “In addition to driving operational excellence, we are accelerating our efforts evaluating ...and more »
  
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• Wireless Telecom Group Announces Third Quarter 2016 Financial ... - Business Wire (press release)

  02-11-2016 22:00
  
  Wireless Telecom Group Announces Third Quarter 2016 Financial ...
  Business Wire (press release)
  Wireless Telecom Group, Inc. (NYSE MKT:WTT) announced today results for the third quarter ended September 30, 2016. Highlights: $11 million in new sal.and more »
  
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• Telecom company Trilogy coming to Canada in Alignvest deal - The Globe and Mail

  02-11-2016 21:34
  
  Telecom company Trilogy coming to Canada in Alignvest deal
  The Globe and Mail
  Telecom company Trilogy International Partners LLC, which runs wireless networks in New Zealand and Bolivia, plans to go public in Canada by agreeing to a takeover offer from Toronto-based Alignvest Acquisition Corp. Trilogy, a private company founded ...and more »
  
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• Telecom Shares Plunge, Extending Losses From Previous Two ... - Morning Consult

  02-11-2016 21:05
  
  Morning Consult
  Telecom Shares Plunge, Extending Losses From Previous Two ...
  Morning Consult
  Investments in the U.S. telecommunications industry plunged 3.61 percent, continuing declines from Monday and Tuesday, heading into the final 30 minutes of ...and more »
  
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• Telecom Shares Plunge, Extending Losses From Previous Two Days - Morning Consult

  02-11-2016 21:05
  
  Morning Consult
  Telecom Shares Plunge, Extending Losses From Previous Two Days
  Morning Consult
  Investments in the U.S. telecommunications industry plunged 3.61 percent, continuing declines from Monday and Tuesday, heading into the final 30 minutes of Wednesday trading. U.S. technology stocks also slid on Wednesday, for a second consecutive day, ...and more »
  
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• A Study of India's Telecom Market 2016 - Research and Markets - Business Wire (press release)

  02-11-2016 20:25
  
  A Study of India's Telecom Market 2016 - Research and Markets
  Business Wire (press release)
  India's Telecom Market 2016 highlights key dynamics of India's telecom market. The growing opportunity in the sector has been investigated along with the market drivers and challenges. Revenue generated by the Indian telecom sector in FY 2015 was INR 2 ...and more »
  
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• Telecom Secretary backs differential rate of duty and incentives under GST regime - Economic Times

  02-11-2016 20:11
  
  Economic Times
  Telecom Secretary backs differential rate of duty and incentives under GST regime
  Economic Times
  NEW DELHI: A top government official has advocated continuation of differential rate of duty and incentives when the Goods and Services Tax (GST) is implemented, highlighting the impact it can have on local manufacturing. “As far as department of IT ...
  
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• Audax Buys Telecom Data Provider Mobileum, Amid Dealmakers ... - Mergers & Acquisitions - The Middle Market

  02-11-2016 19:14
  
  Mergers & Acquisitions - The Middle Market
  Audax Buys Telecom Data Provider Mobileum, Amid Dealmakers ...
  Mergers & Acquisitions - The Middle Market
  Audax Private Equity has bought Mobileum, a data analytics firm for mobile network and telecommunications operators, as the target looks to grow through more ...
  Mobileum Acquired by Audax Private Equity | Telecom ResellerTelecom Reseller (press release)all 4 news articles »
  
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• Audax Buys Telecom Data Provider Mobileum, Amid Dealmakers Interest in Analytics - Mergers & Acquisitions - The Middle Market

  02-11-2016 19:14
  
  Mergers & Acquisitions - The Middle Market
  Audax Buys Telecom Data Provider Mobileum, Amid Dealmakers Interest in Analytics
  Mergers & Acquisitions - The Middle Market
  Audax Private Equity has bought Mobileum, a data analytics firm for mobile network and telecommunications operators, as the target looks to grow through more add-on acquisitions. Terms of the deal were undisclosed. Mobileum, headquartered in Santa ...
  Mobileum Acquired by Audax Private EquityTelecom Reseller (press re
  
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• For the telecom space, content is king - MarketWatch - MarketWatch

  02-11-2016 18:29
  
  MarketWatch
  For the telecom space, content is king - MarketWatch
  MarketWatch
  With AT&T's bid for Time Warner, Verizon's Yahoo purchase and Comcast's various acquisitions, it's pretty easy to see what these companies are searching for.and more »
  
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• For the telecom space, content is king - MarketWatch

  02-11-2016 18:29
  
  MarketWatch
  For the telecom space, content is king
  MarketWatch
  Roger Conrad founded and ran Utility for almost three decades before leaving to start his own publishing company. Conrad founded Capitalist Times and Conrad's Utility Investor, which provided research and in-depth analysis of profitable investment ...
  
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• DoT to work on new telecom policy from April 2017 - Deccan Herald - Deccan Herald

  02-11-2016 17:42
  
  Livemint
  DoT to work on new telecom policy from April 2017 - Deccan Herald
  Deccan Herald
  Telecom Secretary J S Deepak on Wednesday said that his department will start working on a new telecom policy from 2017 with focus on the growth of the ...
  DoT set to work on new telecom policy from April 2017 - LivemintLivemint
  DoT set to work on new telecom policy from April 2017ETTelecom.comall 3 news articles »
  
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• DoT to work on new telecom policy from April 2017 - Deccan Herald

  02-11-2016 17:42
  
  Livemint
  DoT to work on new telecom policy from April 2017
  Deccan Herald
  Telecom Secretary J S Deepak on Wednesday said that his department will start working on a new telecom policy from 2017 with focus on the growth of the sector as well as to meet requirements of next generation technologies. Participating in the Indian ...
  DoT set to work on new telecom policy from April 2017Livemint
  Work on all new Telecom Policy to begin in April 2017The New Indian Expressall 3 news articles &ra
  
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• Shaw passes 1 mln mobile customers, slows cable losses

  02-11-2016 16:32 via feedproxy.google.com
  
  (Telecompaper) Canadian operator Shaw Communications reported revenues of CAD 1.3 billion for its fiscal fourth quarter to August, up 15.5 percent from a year earlier thanks to its takeover of Wind Mobile...
  
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• East Africa: IEC Telecom Announces New Maritime Solution With a Speed Up to 30 Mbps - AllAfrica.com

  02-11-2016 16:20
  East Africa: IEC Telecom Announces New Maritime Solution With a Speed Up to 30 Mbps
  AllAfrica.com
  During this year's Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), IEC Telecom is expected to announce its new portfolio of Maritime Solutions designed to empower Maritime and Oil & Gas companies in real-world environments: from ...
  
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• Gilat Satellite Networks Joins Telecom Infra Project (TIP) - Light Reading

  02-11-2016 15:53
  
  Gilat Satellite Networks Joins Telecom Infra Project (TIP)
  Light Reading
  PETAH TIKVA, Israel -- Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services, today announced it has joined the Telecom Infra Project, (TIP), founded by Facebook, Deutsche ...
  
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• Algar incorporates Optitel Redes e Telecomunicacoes

  02-11-2016 15:52 via feedproxy.google.com
  
  (Telecompaper) Brazilian regional operator Algar Telecom has announced the approval of the merger of Optitel Redes e Telecomunicacoes and Algar Solucoes em TIC...
  
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• Prado launches first MOOC on Telefonica's MiriadaX platform

  02-11-2016 15:44 via feedproxy.google.com
  
  (Telecompaper) Madrid's Prado museum has launched the first MOOC (Massive Open Online Course) prepared by a museum institution on Telefonica's e-learning platform MiriadaX...
  
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• Batelco introduces Smart Saver bundles

  02-11-2016 15:35 via feedproxy.google.com
  
  (Telecompaper) Bahrain operator Batelco announced the introduction of Smart Saver bundles. Customers can choose from the Basic, Advanced or Premium bundle...
  
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• Batelco Q3 revenues fall 4%, EBITDA down 8%

  02-11-2016 15:29 via feedproxy.google.com
  
  (Telecompaper) Batelco reported gross revenues down 2 percent year-on-year in the first nine months of 2016 to BHD 273.0 million (USD 724.1 million), hurt by competitive pressures in key markets...
  
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• Wind inaugurates new store in Messina

  02-11-2016 15:23 via feedproxy.google.com
  
  (Telecompaper) Italian operator Wind has inaugurated a new store in the centre of Messina in Sicily...
  
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• China Telecom, Qualcomm, Samsung latest to join OPNFV - RCR Wireless News

  02-11-2016 15:19
  
  RCR Wireless News
  China Telecom, Qualcomm, Samsung latest to join OPNFV
  RCR Wireless News
  The move towards virtualizing network functions continues to draw interest of telecom operators, with the Linux Foundation's Open Platform for NFV project gaining new members. The OPNFV Project, which is focused on open source work around network ...
  OPNFV Welcomes Leading Technology Organizations China Telecom, Fraunhofer FOKUS, Qualcomm, and Samsung ...Yahoo Sportsall 2 news articles »
  
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• Extreme Networks enhances partner network

  02-11-2016 14:59 via feedproxy.google.com
  
  (Telecompaper) Extreme Networks introduced programme enhancements and incentives to its Extreme Partner Network (EPN)...
  
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• Mitel's communications platform picked by Nordsee

  02-11-2016 14:55 via feedproxy.google.com
  
  (Telecompaper) Mitel announced that Nordsee, a fish retailer in Germany and Austria, will implement a Mitel platform designed to connect multiple sites and achieve significant productivity gains...
  
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• VMware certifies more VMware Ready for NFV products

  02-11-2016 14:53 via feedproxy.google.com
  
  (Telecompaper) VMware further expanded the company's growing ecosystem of VMware Ready for Network Functions Virtualization (NFV) certified products, with new...
  
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• 1st Touch Launches iAppoint Scheduling For Social Landlords

  02-11-2016 14:37
  
  1st Touch (www.1sttouch.com), the UK’s leading system innovator for the social housing sector, has announced the launch of iAppoint. The all-new self-service module will help social landlords to streamline customer appointment scheduling by speeding up and enhancing the processes involved. In addition, as online services cost only a fraction of call centre responses, the potential cost savings for landlords are also significant.As iAppoint is linked to the landlord’s back office syst
  
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• Telefonica Argentina investment up 35% this year

  02-11-2016 14:24 via feedproxy.google.com
  
  (Telecompaper) Telefonica Argentina announced that it invested a total of ARS 7.24 billion in the first nine months of the year, some 34.9 percent more than the year-earlier quarter...
  
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• TE Connectivity Q4 earnings beat expectations

  02-11-2016 14:22 via feedproxy.google.com
  
  (Telecompaper) TE Connectivity reported fourth-quarter and full-year earnings ahead of its guidance and forecast further growth in the coming year...
  
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• Costa Rica launches tenders to connect 52 underserved areas

  02-11-2016 14:01 via feedproxy.google.com
  
  (Telecompaper) Costa Rica's Superintendency of Telecommunications (Sutel) has announced a total of seven tenders to bring telephony and internet communications to...
  
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• Forthnet appoints Kofini as HR director

  02-11-2016 13:46 via feedproxy.google.com
  
  (Telecompaper) Forthnet appointed Maria Kofini as the Group's HR director, effective from 1 November. Kofini replaces Gerasimos Vassileiou who is leaving this...
  
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• StarHub's 9-month profit climbs 2%

  02-11-2016 13:43 via feedproxy.google.com
  
  (Telecompaper) Singapore operator StarHub saw its profit rise 2 percent year-on-year to SGD 356 million for the nine months to 30 September 2016...
  
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• Telarix expands senior team with two new appointments

  02-11-2016 13:30
  Rich Marano joins as COO while Dan Dooley has became chief revenue officer
  
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• Mobile to add $1 trillion to N. American economy by 2020

  02-11-2016 13:30
  Report from GSMA claims new technology such as IoT will see mobile contribute 4% of GDP in region
  
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• Broadcom confirms takeover of Brocade for USD 5.9 bln

  02-11-2016 13:06 via feedproxy.google.com
  
  (Telecompaper) Broadcom has confirmed an agreement to acquire Brocade for USD 5.9 billion, expanding its position in the Fiber Channel SAN market. The company is offering USD 12.75 per share cash for Brocade and will also assume USD 0.4 billion in debt. The bid is a 47 percent premium on Brocade's share price of 28 October, the day before reports first emerged of a possible deal. The takeover is focused on acquiring Brocade's Fiber Channel business, as Broadcom plans to sell Brocade's IP Network
  
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• Fixed telephony continues to drop in Romania in 2015 - study

  02-11-2016 12:47 via feedproxy.google.com
  
  (Telecompaper) Fixed telephony continued to lose ground in Romania in 2015, according to a research by the National institute of statistics...
  
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• Icasa starts public awareness campaign on consumer rights

  02-11-2016 12:43 via feedproxy.google.com
  
  (Telecompaper) The Independent Communications Authority of South Africa said it's starting a series of roadshows as part of a public awareness campaign to share...
  
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• TDC lifts Q3 EPS but revenue and EBITDA wane

  02-11-2016 12:39 via feedproxy.google.com
  
  (Telecompaper) Danish group TDC Group third quarter revenue fell 2.3 percent year on year to DKK 5.24 billion and EBITDA dropped 11.6 percent to DKK 2.17 billion...
  
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• Robi, InterCloud partner on OTT services

  02-11-2016 12:38 via feedproxy.google.com
  
  (Telecompaper) Bangladeshi mobile operator Robi Axiata has signed a partnership agreement with InterCloud, part of Novo group...
  
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• Zylpha Partners with iManage

  02-11-2016 12:25
  
  Legal software innovator Zylpha (www.zylpha.co.uk) has announced a partnership with iManage, the leading provider of Work Product Management solutions for legal, accounting and financial services firms and the corporate departments they serve. Included under the terms of the partnership are Zylpha’s widely acclaimed bundling software and electronic signature integrations.Zylpha’s electronic bundling technology reduces the time taken to create document bundles from hours to minutes. T
  
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• Prysmian Group Improves Its Business Sustainability

  02-11-2016 12:24
  
  4th Place in the Dow Jones Sustainability Index and Score B in CDP Italy Included in the STOXX® Global ESG Leaders Index and the Carbon Clean 200 Milan, 2 November 2016 - Prysmian Group, world leader in the energy and telecom cables and systems industry, has improved its ranking in several international sustainability indices, thus receiving recognition for its commitment in all Corporate Social Responsibility segments.The Group has reported a significant improvement in the assessment...Sour
  
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• Vodafone Turkey to offer discounted products during marathon

  02-11-2016 12:20 via feedproxy.google.com
  
  (Telecompaper) Vodafone Turkey announced that its customers will be offered discounted products at the Vodafone 38th Istanbul Marathon, which will be held on 13 November...
  
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• Equinix tests new Facebook virtualisation kit

  02-11-2016 12:15
  Equinix is testing new packet optical switches developed in conjunction with Facebook as part of the Open Compute Project
  
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• AWS plans second wind farm in Ohio

  02-11-2016 12:05 via feedproxy.google.com
  
  (Telecompaper) Amazon Web Services (AWS), an Amazon.com company, announced Amazon Wind Farm US Central 2, a new 189 megawatt (MW) wind farm in Hardin County, Ohio,...
  
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