China Mobile Communications in a deal with Motorola
US based mobile phone maker Motorola has announced that they are signing a deal with China Mobile Communications.
Motorola would now provide the Chinese mobile service provider 310 million dollars worth of mobile telecommunications equipment and services.
Motorola said that the deal would last for one year and [...]
Mahanagar Telecom Nigam Limited posts a loss
Government owned telecom giant Mahanagar Telecom Nigam Limited has posted a net loss of Rs 83.8 crore for the fourth quarter that ended in March.
The company said that this was largely due to increased staff costs during the quarter.
This is a pretty disappointing performance considering MTNL had posted [...]
Verizon Communications now has most subscribers in US market
Verizon Communications has become the largest mobile service provider in the US market in terms of number of subscribers.
The company took the first spot after acquiring Alltel. With this they have now overtaken AT&T.
Verizon is now serving close to 86.5 million. They gained 14.5 million wireless [...]
China Mobile to invest on expanding rural telecommunications networks
China Mobile has announced that they are going to invest 70 billion Yuan in developing and expanding their rural telecommunications network.
China Mobile is the largest telecom player in China and also remains the largest mobile operator in the world.
The company said that the funds would be [...]
Deutsche Telekom to merge fixed and mobile divisions
European telecom giant Deutsche Telekom is said to be close to announce that they are merging their shrinking fixed-line unit with its mobile operations.
They are following Swisscom which has also done the same with their units.
Financial Times Deutschland said that the company is taking this step to [...]
Nokia collaborating with HCL in India
World’s biggest mobile phone company Nokia has announced that they are now collaborating with Indian IT giant HCL Infosystems.
The two companies would now work together to offer mobile value added services and entertainment content to mobile users in the Indian market.
This deal would however require an approval [...]
Verizon Wireless completes acquisition of Alltel
US based telecom giant Verizon Wireless has announced that they have now completed the acquisition of rival company Alltel.
With this, they have become the top wireless carrier in the country when it comes to number of subscribers.
The combined company has more than 83.7 million total customers.
Verizon added that [...]
Verizon Wireless to complete Alltel acquisition this month
US based mobile service provider Verizon Wireless has announced that they are aiming to complete the acquisition of Alltel this month.
This deal would make Verizon the largest wireless operator in the US market.
The combined entity would have about 78 million subscribers.
Verizon had initially aimed to complete the [...]
Western Union launches mobile money transfer service
Western Union has announced that they are now collaborating with Vodafone Group to launch mobile money transfer service.
This service would be tested by customers who would be able to transfer money to Kenya from Britain.
They would be able to transfer the funds to subscribers of [...]
John Garcia leaving Sprint Nextel
US based telecom service provider Sprint Nextel has revealed that John Garcia is leaving the company.
John Garcia is the president of their CDMA business.
A company representative confirmed that he stepped down from his position in the company yesterday.
No reasons are given for his decision to leave the company.
Sprint has announced that [...]
