Indian conglomerate Piramal Industries has sold its 11 per cent stake in Vodafone’s Indian operation for almost $1.5bn, generating a 50 per cent return on an investment made during the 2012 financial year. The stake was sold to Prime Metals Ltd, an indirect subsidiary of Vodafone Group, Piramal said.
Facebook has been warned it risks alienating users as it seeks to grow the reach of its Facebook Messenger app as a platform for communications, content and commerce. The company has decided to remove its mobile app’s messaging capabilities in some European markets so that users have to download Facebook Messenger instead.
American telco Verizon announced the launch of a Secure Cloud Interconnect service (SCI) this week, using private IP addresses to connect its cloud and multiple cloud platforms together, beginning initially with Microsoft Azure. Michael Palmer, vice president of product development for Verizon said linking cloud platforms with private links will help inspire confidence in cloud service once again, which has waxed and waned over the past year.
An operator’s approach to BSS (business support systems) – including billing, charging and policy – can determine how easy or challenging it is to respond to the market and maximise revenue opportunities. In a recent survey of over 100 operators by Telecoms.com Intelligence, 85 per cent acknowledged that market conditions require increasingly agile BSS systems enabling operators to provide service diversity and faster time to market.
Software giant Microsoft is looking to gain ground on its mobile operating system rivals by extending its carrier billing capabilities for its Windows Phone Store app store.
Taiwanese mobile operator Far EasTone has called on Swedish vendor Ericsson to provide hardware, software and support services as it rolls out its 3G and LTE multi-access RAN and core network nationwide.
Operator group Telekom Austria has parted ways with group chief financial officer Hans Tschuden. His exit appears to be over a conflict with the operator’s Works Council concerning Latin American operator group America Movil, which recently increased its shareholding in the firm.
Regional US operator Cincinnati Bell has announced that it is to close its cellular business, selling its spectrum licences to Verizon Wireless for $194m. The firm, which reported a wireless subscriber base of 340,000 at the end of 2013, down from 398,000 at the close of 2012, saw full year 2013 wireless revenues drop by 17 per cent to $202m.
Trade bodies the Cloud Industry Forum (CIF) and Data Centre Alliance (DCA) on Tuesday joined forces to drive best practices amongst the cloud service provider community, specifically promoting trust, security and transparency within the sector.
Cloud services provider and international backbone operator Interoute this week opened a Virtual Data Centre (VDC) zone in Hong Kong, supporting enterprises with a presence in Asia.
Nokia Solutions and Networks has announced the appointment of Salvatore Maisano as its new head of Central East and West Africa. It is the second senior appointment in Africa for NSN in less than a month as the firm refreshes its regional roster under the leadership of MEA senior vice president Igor Leprince.
French conglomerate Vivendi has accepted investment vehicle Altice’s offer for its mobile operator subsidiary SFR. Under the terms of the offer SFR will merge with Altice subsidiary and cable operator Numericable and Vivendi will receive €13.5bn for SFR as well as a 20 per cent stake in the new merged entity. The firm estimates the total value of the offer at around €17bn.
Research firms Ovum and Informa Telecoms and Media (ITM) are to merge under the Ovum brand and create what they claim to be the world’s largest telecoms industry research firm.
Operator group Orange’s enterprise-focused unit has teamed up with management consultancy and technology services provider Accenture to help large enterprises devise their cloud strategies. The two firms will also set out to support enterprises moving their infrastructure and applications to the cloud.
Open source software provider Mozilla’s co-founder and new CEO Brendan Eich has stepped down from his role just eleven days into his role. Eich was appointed CEO last Monday but the firm announced his resignation yesterday following backlash from Mozila’s developer community over his political views.
Bahraini operator group Batelco has appointed Alan Whelan as group CEO. Whelan’s appointment comes almost a year after the firm announced former CEO Shaikh Mohamed bin Isa Al Khalifa left the group. At the time it installed a supervisory committee alongside COO Peter Kaliaropoulos to lead the business until a successor was appointed.
South Korean operator SK Telecom is offering unlimited LTE data to customers subscribing to a monthly fixed rate plan of KRW80,000 ($75) per month or above. The operator has announced three tariffs that offer unlimited LTE data, voice calls and SMS messages.
Amazon has launched its much-anticipated TV streaming device, Amazon Fire TV, taking on the likes of Apple TV and Roku with its own internet-connect set-top.
A new venture led by the founder of small cell provider Ubiquisys Will Franks is to target the Internet of Things market, promising to free prospective providers and customers from “dependency on traditional networks”. The company, called Senaptic, has been spun out of telemetry consultancy Plextek, which remains the majority shareholder. Senaptic will take Plextek’s Ultra Narrowband (UNB) radio technology, its intellectual property and its existing customer base and offer a standardised solution for connecting a variety of devices across a range of verticals, Franks told Telecoms.com.
The number of DNS-based distributed denial of service (DDoS) amplified attacks has increased significantly in recent months, according to DNS applications provider Nominum. The firm said that the attacks, performed by hackers targeting vulnerable home routers worldwide, can create ten seconds of Gbps of traffic to disrupt individuals, enterprises, websites and networks.