US wholesale player LightSquared has filed for Chapter 11 bankruptcy protection amid efforts to resolve regulatory issues that have prevented it from launching its satellite service.
Dr. Oscar Cicchetti is chief strategy officer for Telecom Italia. Ahead of the LTE World Summit 2012, taking place on the 23-24 May 2012 CCIB, Barcelona, Spain, we speak to him about the telco’s use of spectrum, the future of VoLTE, and where he sees innovation occurring in the industry.
Konstantinos Halkiotis is principal engineer for Cosmote, the largest mobile operator in Greece. With the LTE World Summit 2012 coming up on the 23-24 May at the CCIB, Barcelona, Spain, we catch up with him to find out what his major concerns and challenges are ahead are ahead of the conference.
Last week’s vote by the European Parliament, which was overwhelmingly in favour of new roaming rules, has both reduced the cost of roaming services for consumers and also paved the way for greater competition among operators for roaming customers. The near unanimous vote (578-10 in favour) for the new consumer-friendly regulations means not only that EU travellers will save money on voice, SMS and data roaming, but also that companies will soon be able to sell roaming services directly to users – who will be able to keep the same number they have for home mobile services.
Telefónica has announced a new pan-European data roaming tariff for customers, which it claims is up to ten times cheaper than the new price caps approved by the European Parliament this week.
Customers on the Movistar and O2 networks will be able to use up to 25MB of data whilst abroad, anywhere across the 27 European Union member states, for just €2 per day.
Despite seeing stability in revenue over the course of the first quarter of 2012, Telefónica has seen its net income plummet to less than half of what it recorded in the same period last year. Revenue for the quarter stood at €15.51bn, a 0.5 per cent increase on the €15.44bn generated in the first quarter of 2011, while net income fell 53.9 per cent from €1.62bn to just €748m.
The mobile financial services community is celebrating the tenth anniversary of mobile money. The first ever mobile financial service was launched in Zambia in 2002. It was launched by Celpay, and powered by Visa-owned Fundamo. The service was the first in a movement that has fundamentally transformed the way unbanked and under-banked people in developing nations use financial services.
Members of the European Parliament and representatives of the Council and the European Commission have voted in favour of new rules that will lower roaming rates in the EU and see the creation of an EU-wide roaming market.
3UK’s CEO David Dyson has suggested that the operator could strike an agreement with Everything Everywhere to launch LTE using the T-Mobile/Orange JV’s spectrum in advance of the UK’s 4G auction.
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UK telco BT has celebrated a considerable milestone for its fibre broadband project, having now passed ten million homes and business with its roll-out, months ahead of its end-2012 target.