International

Vodafone exits Verizon Wireless for $130 bn

Vodafone exits Verizon Wireless for $130 bn

September 3, 2013 at 6:22 am 0 comments

Vodafone has announced that it has reached an agreement to dispose of its US group whose principal asset is its 45 percent interest in Verizon Wireless to Verizon Communications, Vodafone’s joint venture partner, for a total consideration of $130 billion (£84 billion). Vodafone has agreed to dispose of its USRead More

Vodafone in talks to offload Verizon Wireless stake

Vodafone in talks to offload Verizon Wireless stake

August 30, 2013 at 6:16 am 0 comments

Vodafone has finally confirmed that it is in discussion with Verizon Communications, the world leader in delivering innovation in communications, mobility, information and entertainment regarding possible disposal of Vodafone’s 45 percent interest in Verizon Wireless. Founded in 2000, as a joint venture of Verizon Communications and Vodafone, Verizon Wireless isRead More

Airtel to offer mobile services via satellites in Africa

Airtel to offer mobile services via satellites in Africa

August 29, 2013 at 1:09 pm 0 comments

Bharti airtel today said it has joined hands with Japan’s Softbank Mobile to offer mobile services using satellite communications in its African markets. They have completed the field trials recently. “The two companies have successfully developed a practical technology to provide cost-efficient 3G mobile phone services using a communications satelliteRead More

Alcatel-Lucent appoints Jean Raby as chief financial & legal officer

Alcatel-Lucent appoints Jean Raby as chief financial & legal officer

August 29, 2013 at 5:05 am 0 comments

Alcatel-Lucent today announced the appointment of Jean Raby as chief financial & legal officer, effective September 1, 2013. Jean Raby will relocate to Alcatel-Lucent’s headquarters in Paris. Jean Raby served as a partner and managing director in the Investment Banking Division at Goldman Sachs until the end of 2012. InRead More

Bharti airtel appoints Christian de Faria CEO of African ops

Bharti airtel appoints Christian de Faria CEO of African ops

August 28, 2013 at 6:02 pm 0 comments

Bharti airtel, world’s fourth largest telecom operator on subscriber count, today said it has appointed Christian de Faria as the CEO of its African operations effective from Jan 1, 2014. However, Faria will join Airtel Africa from September 16 this year and will immediately take charge of Airtel’s Anglophone operations.Read More

Sprint launches Ethernet Wave Service

Sprint launches Ethernet Wave Service

August 27, 2013 at 11:51 am 0 comments

Sprint has expanded its Ethernet Solutions portfolio to meet the high-speed and heavy bandwidth transport needs of business customers with Sprint Ethernet Wave Service. While offering simplicity through familiar Ethernet technology, the new service offers secure, always-on wireless and wireline connectivity with maximum data security and privacy. Developed as partRead More

HP collaborates with SAP

HP collaborates with SAP

August 26, 2013 at 5:51 pm 0 comments

HP today introduced the HP As-a-Service Solution for SAP HANA, a solution that allows organizations to analyze big data and unlock real-time insight—without the burden of a significant upfront capital investment. The HP As-a-Service Solution for SAP HANA bundles the SAP HANA software license along with hardware and ongoing managementRead More

Huawei Technology secures $1.5 bn equivalent 5-year term loan

Huawei Technology secures $1.5 bn equivalent 5-year term loan

August 24, 2013 at 3:51 pm 0 comments

Huawei Technology Investment, a wholly-owned subsidiary of Huawei Technologies has announced the successful signing of $1.5 billion equivalent 5-year term loan and revolving credit facilities. Huawei is a leading global ICT solutions provider and the facilities are guaranteed by Huawei International, another wholly-owned subsidiary of Huawei. The dual-currency facilities compriseRead More

Microsoft CEO Steve Ballmer to retire

Microsoft CEO Steve Ballmer to retire

August 24, 2013 at 1:44 pm 0 comments

Microsoft has announced that chief executive officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation toRead More

SK Telecom expands LTE-Advanced service

SK Telecom expands LTE-Advanced service

August 23, 2013 at 7:19 am 0 comments

SK Telecom, South Korea’s leading telecommunications operator is expanding its LTE-Advanced commercial service network, via its local entity Ericsson-LG. The company is providing LTE-Adavnced service to downtown areas of 84 cities nationwide, including the entire Seoul metropolitan area and six other major cities. SK Telecom commercialized its LTE-Advanced service withRead More