Financials
Enterprise IT
Location-based service revenues in Europe and North America will grow to € 5 billion in 2018
According to a new research report by Berg Insight, mobile location-based service (LBS) revenues in Europe are forecasted to grow from € 735 million in 2013 at a compound annual growth rate (CAGR) of 25.8 percent to reach €...
Financials
Public transport ITS market in Europe expected to exceed € 1.4 billion by 2017
According to a new research report from the analyst firm Berg Insight, the market value for Intelligent Transport Systems (ITS) deployed in public transport operations in Europe was € 0.94 billion in 2012.
Growing at a compound annual growth...
Financials
Telecom and ICT Investors and Stakeholders to meet at Yangon This Week
1. Singapore, September 30, 2013 – The 2nd INTO MYANMAR: Telecom and IT Global Summit 2013 will be taking place this week at Yangon, Myanmar from 3-4 October 2013.Â
2. Two new telecom licenses were recently awarded in Myanmar....
Financials
Next-gen Wi-Fi hotspot to account for $150bn in operator revenue by 2018
The Wireless Broadband Alliance (WBA), the industry association focused on driving the next generation Wi-Fi experience, today announced the findings of its Next Generation Hotspot (NGH) business model report conducted with research firm Senza Fili.
Interest in this technology...
Financials
TeliaSonera books €46m loss on Nepal Satellite sale
Sweden-based operator offloads 57% stake due to legal, regulatory uncertainty.
TeliaSonera on Wednesday agreed to sell its 57% stake in Nepal Satellite to Zhodar Investment, citing increased legal and regulatory uncertainty around consolidation in the small, Himalayan nation.
The deal...
Financials
America Movil CFO sees telco maintaining credit ratings
Mexico-based operator faces possible downgrades as it gears up for €7.2bn KPN offer.
Mexican telecommunications company America Movil SAB is hopeful it can maintain its credit ratings after issuing long-term hybrid notes to lower its debt ratios, Chief Financial...
Financials
Belgacom CEO suggests smaller government stake
Didier Bellens points out state could keep control of incumbent telco with 40% stake.
Belgium's government could sell a sizeable stake in Belgacom SA without giving up control, the chief executive of the telecoms operator said in comments published...
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