Nokia CEO Stephen Elop is poised to reveal a significant component of the phone maker’s comeback plan. Tomorrow, at the company’s Nokia Connection 2011 event in Singapore, timed to coincide with the CommunicAsia show, Elop will share his strategy for winning the Asian market, along with likely a major surprise. (more…)
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Archive for the ‘Global’ Category
Nokia’s Elop to reveal plans for China at Singapore event
Level 3’s acquisition of Global Crossing bolsters its CDN business
Level 3 Communications’ acquisition of Global Crossing, announced yesterday, comes at an interesting time in the evolution of content delivery network (CDN) services. As over-the-top Internet video traffic continues to explode, CDN services play an important role in helping network operators manage and deliver that traffic without over-taxing their own pipeline capacity. (more…)
Movirtu brings telecom service to Africa, South Asia — with a twist
A U.K.-based startup company with a rather humanitarian telecom-focused business model has raised $5.5 million in financing, reports GigaOm. The company, Movirtu, operates in Africa and South Asia, providing a unique way for people who could not otherwise afford it to obtain phone service. The company has a prepaid offering that provides end users with a specific number of minutes and a phone number. Customers then use a pay phone or another person’s handset to place calls. Unlike prepaid calling cards, the offering enables customers to receive messages, GigaOm reports. The new funding will enable Movirtu to expand into new markets. (more…)
SK Telecom joins LightSquared LTE/satellite team
SK Telecom announced today its intention to invest in U.S. upstart wireless operator LightSquared, the 4G-LTE/satellite venture backed by hedge fund Harbinger Capital Partners. (more…)
ITU wants half world’s population to have broadband access by 2015
Dr. Hamadoun Toure, secretary-general of the International Telecommunications Union, challenged politicians, United Nations officials and telecom industry stakeholders to set a goal of ensuring that at least half of all the world’s people have access to broadband by 2015. He made the remarks in an address to attendees of a Broadband Commission for Digital Development on Sunday.
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Gates Foundation helps global poor with cell phone apps
Twelve million dollars from the Bill & Melinda Gates Foundation is helping village farmers in Tanzania, Cameroon and Rwanda save money through electronic mobile phone deposits — just one of several innovative and altruistic uses of telecom technology profiled in a recent Washington Post story.
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High-bidder Huawei loses out twice on US acquisition deals
Chinese telecom giant Huawei Technologies has shaken up the global telecom market with its ability to underbid competitors. But it recently lost two acquisition bids in which it had submitted significantly higher bids due to concerns about it’s ability to score U.S. government approval of the acquisitions, according to Bloomberg.com. One of the two deals went to a rival when Nokia Siemens Networks purchased Motorola’s wireless assets for $1.2 billion. (more…)
Alcatel-Lucent wins FTTx role in Australia’s bold fiber play
Alcatel-Lucent this week put a major feather in its cap, winning a deal to supply fiber gear to the Australia National Broadand Network project. The win comes on the heels of the surprising decision by the Australian government to buy Telstra’s legacy copper plant, which should further speed the move to broadband in Australia.
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Throwing ROCs — and the need for better financial controls
Whether you call it a revenue operations center, or ROC — as vendor Subex does — a revenue assurance center or whatever, there’s no doubt that building processes to minimize revenue leakage, provide an end-to-end view of service order and delivery, and more directly tie the delivery of those services to a telco’s financial health has become a vitally important job.
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Pigs have flown: VZ takes seat on the GSMA board
The cease-fire in the technology wars has officially become a peace treaty. Today the GSM Association announced that Verizon Wireless — a CDMA operator — has taken a seat on the GSMA board, sending Verizon’s chief technology officer and executive vice president Dick Lynch to represent its interest in the world’s largest wireless organization.
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