Golden Age of Telecoms Nearly Over For All But A Few Remaining Markets

  • October 30th, 2013
Monk using a smartphone

For the past 20 years the telecoms industry has seen its “golden age”, even growing fast enough to catapult its most powerful figure, Carlos Slim, to the head of the Forbes Rich List. This growth is now beginning to slow and industry analysts Ovum predict that by 2018 the market will see its first decline. […]

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Alcatel-Lucent Employees Protest Companies Plans To Cut 10,000 Jobs

  • October 23rd, 2013
Alcatel-Lucent Logo

Alcatel-Lucent have been a company in decline since 2006 according to Michel Combes, CEO of the ailing business. That was the last time the company made any money, prompting the company to announce that they will be cutting 10,000 jobs in an effort to reduce costs by €1 billion. This has sparked protests by company […]

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Vodafone and Verizon involved in third biggest corporate deal ever – $130b

  • October 9th, 2013
Vodafone sponsoring F1. Is this where all the money goes?

It’s been a long running feud in the telecoms world, with Vodafone being 45% major shareholders in Verizon. The heads in charge had calmed the storm that was brewing some time ago, based around an unknown answer to a very important question regarding total control. The answer has now been given and it comes in […]

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Telecoms Rich List 2013

  • October 3rd, 2013
Carlos Slim

The growth of the telecoms industry has seen a new man take the title of richest person on the planet for the 4th year in a row, taking over from previous mainstay Bill Gates. Below is the list of the 10 current richest people in the telecoms sector worldwide. 1. Carlos Slim – América Móvil – […]

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BlackBerry to be sold for $4.7b

  • September 25th, 2013
A dying BlackBerry

The mobile phone manufacturer owned by parent company RIM is to be sold after announcing that they expect to make a loss of just under $1b for the 2nd quarter of 2013 and will be restructuring the business, starting with an exodus of up to 40% of it’s current workforce. The company swooping in on […]

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New Industry Awards

  • September 18th, 2013
a judging panel at awards ceremony

Every industry has to have an “awards” of a sort and now the telecoms industry has the awards. There are 16 categories overall, with the winners being announced at this year’s Mobile World Congress in Barcelona. The shortlist will be drawn up in January with contenders for each award being suggested from within the […]

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Mexican Village Launch Telecoms Service

  • August 28th, 2013
Villa Talea De Castro - the village in Oaxaca

After being forgotten by the biggest telecom companies in the world, including those owned by one of the world’s wealthiest men and Mexican born Carlos Slim, Villa Talea De Castro have launched their own service to reach the outside world. The village is in the southern state of Oaxaca and is considered an indigenous village […]

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Ethio Telecom expanding with $800m ZTE deal

  • August 21st, 2013
Ethio Telecom logo

Mobile subscription rates have been growing for over a decade worldwide. There are now huge opportunities in developing countries like Ethiopia where mobile phones are now becoming more affordable than ever before. This has become the driving force between Ethiopia’s largest network and the Chinese phone manufacturing company ZTE signing an $800m deal. The deal […]

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BlackBerry eyeing potential sale

  • August 15th, 2013
bbm logo

The mobile phone brand could be sold off as the Canadian company struggle to keep it afloat. With share prices dropping from $14.48 to $10.29 in just 24 hours recently, directors are beginning to view their options as to what can be done with the once popular business. BlackBerry were amongst the most purchased smartphones […]

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Telecoms is centre-stage in potential EU – China trade war

  • August 7th, 2013
Karel De Gucht

Just like everything in China lately, the telecoms networks are expanding. China Mobile will be selecting winners for the their contract to create a huge next-generation wireless network soon and the EU will shortly afterwards launch an incendiary trade case against them. The project that China Mobile are embarking on is expected to be worth […]

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