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Business Health Miscellaneous Mobile Phones Networks News

Golden Age of Telecoms Nearly Over For All But A Few Remaining Markets

For the past 20 years the telecoms industry has seen its “golden age”, even growing fast enough to catapult its most powerful figure, Carlos Slim, to the head of the Forbes Rich List. This growth is now beginning to slow and industry analysts Ovum predict that by 2018 the market will see its first decline.…

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Business Health Miscellaneous Mobile Phones Networks News

Alcatel-Lucent Employees Protest Companies Plans To Cut 10,000 Jobs

Alcatel-Lucent have been a company in decline since 2006 according to Michel Combes, CEO of the ailing business. That was the last time the company made any money, prompting the company to announce that they will be cutting 10,000 jobs in an effort to reduce costs by €1 billion. This has sparked protests by company…

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Vodafone and Verizon involved in third biggest corporate deal ever – $130b

It’s been a long running feud in the telecoms world, with Vodafone being 45% major shareholders in Verizon. The heads in charge had calmed the storm that was brewing some time ago, based around an unknown answer to a very important question regarding total control. The answer has now been given and it comes in…

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Business Health Miscellaneous Mobile Phones Networks News

BlackBerry to be sold for $4.7b

The mobile phone manufacturer owned by parent company RIM is to be sold after announcing that they expect to make a loss of just under $1b for the 2nd quarter of 2013 and will be restructuring the business, starting with an exodus of up to 40% of it’s current workforce. The company swooping in on…

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Business Health Miscellaneous Mobile Phones Networks News

New Telecoms.com Industry Awards

Every industry has to have an “awards” of a sort and now the telecoms industry has the telecoms.com awards. There are 16 categories overall, with the winners being announced at this year’s Mobile World Congress in Barcelona. The shortlist will be drawn up in January with contenders for each award being suggested from within the…

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Business Health Miscellaneous Mobile Phones Networks News Political

Mexican Village Launch Telecoms Service

After being forgotten by the biggest telecom companies in the world, including those owned by one of the world’s wealthiest men and Mexican born Carlos Slim, Villa Talea De Castro have launched their own service to reach the outside world. The village is in the southern state of Oaxaca and is considered an indigenous village…

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Business Health Miscellaneous Mobile Phones Networks News

Ethio Telecom expanding with $800m ZTE deal

Mobile subscription rates have been growing for over a decade worldwide. There are now huge opportunities in developing countries like Ethiopia where mobile phones are now becoming more affordable than ever before. This has become the driving force between Ethiopia’s largest network and the Chinese phone manufacturing company ZTE signing an $800m deal. The deal…

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Business Health Miscellaneous Mobile Phones Networks News

BlackBerry eyeing potential sale

The mobile phone brand could be sold off as the Canadian company struggle to keep it afloat. With share prices dropping from $14.48 to $10.29 in just 24 hours recently, directors are beginning to view their options as to what can be done with the once popular business. BlackBerry were amongst the most purchased smartphones…

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Business Health Miscellaneous Mobile Phones Networks News Political

Telecoms is centre-stage in potential EU – China trade war

Just like everything in China lately, the telecoms networks are expanding. China Mobile will be selecting winners for the their contract to create a huge next-generation wireless network soon and the EU will shortly afterwards launch an incendiary trade case against them. The project that China Mobile are embarking on is expected to be worth…

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Business Health Miscellaneous Mobile Phones Networks News

Myanmar Telecoms Auction Winners Announced

Myanmar is one of the last remaining untapped markets for telecoms companies operating in Asia. We reported in January 2013 about the impending boom set to hit Myanmar’s telecoms industry, and this is now well and truly up and running. Two networks were selected after the auctions to spearhead the countries drive in becoming modernised…