UK communications regulator Ofcom has announced that Ed Richards, the group’s Chief Executive, will be standing down from his role at the end of 2014. The search for his successor is under way, and is targeted for completion in early 2015, despite Ofcom apparently having had significant advance warning of his departure.
Telefónica’s UK subsidiary O2 has announced its intention to deploy a full fibre core network throughout the country, touching on 19 connectivity points from Glasgow, Scotland to Salisbury in the South West.
International technology research and advisory firm Ovum has announced the launch of the world’s first broadband development index to integrate both fixed and mobile connectivity statistics. The index highlights European struggles in connecting consumers to high speed fixed fibre broadband and LTE mobile broadband.
The introduction of VoLTE is accelerating with 21% of operators currently investing in deployments, and according to the Global mobile Suppliers Association (GSA) the figure is set to double next year. So far a total of 10, of which seven this year, commercial VoLTE-enabled HD voice services have been launched, and the GSA is expecting eight more by the end of 2014.
A report commissioned by analytics vendor Citrix has revealed the extent of LTE-based video streaming growth. The report focuses on the consumption of LTE-based services among global tier 1 operators; and concludes LTE is already generating five times greater data volume than 3G at operators that offer both.
The global optical components market is experiencing an upward swing as global internet traffic continues to increase, prompting network operators to deploy high speed optical technologies to keep up with demand.
Sprint has announced that it will begin offering Google Apps for Business to enterprise customers in August. The US telco said it plans to provide the full array of Google Apps and emphasize a mobile-focused approach to using the cloud suite. It will also provide and offer online training and support free.
The LTE ecosystem gathered recently in Amsterdam to discuss the commercialization and future of mobile networks. As expected, 5G was a hot topic of discussion but there is still considerable confusion in the market regarding all of its aspects: technology, commercial opportunity, application in verticals, and many others.
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.
The Facebook-backed Internet.org initiative has revealed that it is building its first high altitude drone as part of a plan to provide connectivity to unconnected communities around the world, using satellite and free space optics.
Struggling Canadian device maker Blackberry has reported a $5.87bn loss for fiscal year 2014, which ended March 1st 2014. The loss is over nine times the size of the $646m loss reported in 2013. The firm’s revenue also fell 38 per cent year on year from $11.1bn in FY13 to $6.8bn in FY14.
Pushing on with its £7bn organic investment programme, Project Spring, operator group Vodafone has signed a five-year agreement with infrastructure vendor Huawei. As the third vendor signed up for this initiative, the Chinese firm will carry out a number of network enhancement projects and provide products and services to the operator to expand its single RAN in 15 countries around the world.
Latin American operator group America Movil has increased its stake in European operator group Telekom Austria. The LatAm group, controlled by billionaire Carlos Slim, has agreed to acquire 13.9 million shares in Telekom Austria, through Carso Telecom, a holding company owned by America Movil. The shares equate to a 3.14 per cent stake in the European group.
There’s plenty of stuff in this world the Informer doesn’t understand and how companies that make no money can rake it in from a stock market floatation is one of them. The Twitter founders buzzed the bell at the New York Stock Exchange on Thursday and released 70 million shares to the frenzied masses. Despite opening at $26, the market closed at almost $45, with the company reflecting a market value of more than $31bn. The company’s valuation ahead of the IPO was closer to $17bn.
With Twitter’s IPO set to go live later today the company has priced its shares at $26 each, higher than the expected range of $23-25. With 70 million shares on offer the company is looking to score around $1.8bn in proceeds with a 30 day option for another 10.5 million shares to be sold.
A drop in global mobile revenues forecast for 2018 will be the first time in the history of the mobile industry that service revenue contracts year on year, according to industry analysts Ovum.
Revenues from mobile value added services (VAS) are forecast to see a seven per cent decline in CAGR in Europe over the next five years, according to Ovum. The analyst firm also expects mobile VAS revenues to grow at a slower pace over the next five years globally.
The European Commission has outlined its plan for a single EU telecoms market. The package calls for the abolition of roaming rates within the EU, spectrum assignment to be coordinated across the continent, consumer rights to be harmonised across Europe, EU-wide protection of net neutrality and simpler rules across the EU to enable companies invest more and cross borders with their offerings.
It’s the time of year again when the industry and Apple fans alike brace themselves for the launch of the next iPhone. This time the industry is expecting to see two devices launched – the iPhone 5S and the debut of a lower priced entry-level iPhone, expected to be named the iPhone 5C.
Following Microsoft’s announcement that it is to buy Nokia’s Devices & Services business for €5.44bn, industry analysts have had their say about what the future will hold for the two firms.