Telecom news

• One tenth of telecom tower workforce may lose jobs, marketing ... - Economic Times

  17-04-2017 21:53 via economictimes.indiatimes.com
  
  One tenth of telecom tower workforce may lose jobs, marketing ...
  Economic Times
  Although consolidation in the infra section of the industry has been on for a while, the hit will be worse now because of operators seeking to merge.and more »
  
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• Crown Castle buys California fibre operator Wilcon

  17-04-2017 15:19 via feedproxy.google.com
  
  (Telecompaper) Crown Castle announced an agreement to buy California fibre network operator Wilcon Holdings for USD 600 million from Pamlico Capital and other unit holders of Wilcon.Wilcon owns approximately 1,900 route miles of fibre, primarily in Los Angeles and San Diego. The deal will take Crown Castle to over 28,000 route miles of fibre, either owner or through rights of use. The company is buying up fibre assets in order to support small cell deployments in urban areas for its mobile opera
  
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• ZTE results recover in Q1, sales up 18%

  17-04-2017 13:08 via feedproxy.google.com
  
  (Telecompaper) ZTE announced a strong start to 2017, with a 27.8 percent increase in net profit to CNY 1.21 billion. Revenues rose 17.8 percent to CNY 25.75 billion, driven by growth in network equipment and smartphones. ZTE said it also continued to invest heavily, with R&D spending reaching almost 13 percent of quarterly revenue. This is helping it expand in new areas, such as set-top boxes, which increased shipments over 25 percent in Q1, and chipsets, which rose by 70 percent year-on-yea
  
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• Hon Hai seeks Softbank help in Toshiba chips bid - report

  17-04-2017 08:57 via feedproxy.google.com
  
  (Telecompaper) Hon Hai Precision Industry has asked SoftBank for cooperation in its bid to acquire Toshiba's chip unit, sources close to the matter told Kyodo News. Hon Hai, which bought Japanese display maker Sharp last year, is also calling on other Japanese companies to join a consortium, in an effort to gain approval from the Japanese government. This comes at a time when the Japanese government is especially worried about a sale to a Chinese or Taiwanese company and could step in to block s
  
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