News

News, views, latest developments, expert opinions and analysis of the telecom industry – global as well as local – we bring everything for you in this section.

Samsung Electronics Q3 operating profit at 10.1 tn Won

Samsung Electronics Q3 operating profit at 10.1 tn Won

October 4, 2013 at 7:21 pm 0 comments

Samsung Electronics Q3, 2013 consolidated sales is expected to be approximately 59 trillion Won and operating profit is approximately 10.1 trillion Won. The above figures are consolidated earnings estimates based on K-IFRS. Korean disclosure regulations do not allow earnings estimates to be given in a range. Therefore, the above figuresRead More

MTS, first telco to get unified telecom license

MTS, first telco to get unified telecom license

October 4, 2013 at 1:59 pm 0 comments

Sistema Shyam TeleServices (SSTL) that provides telecom services under the brand name MTS today announced that it has received unified telecom license. The unified license will enable the company to provide technology neutral telecom services for a period of 20 years. With this development, SSTL becomes the first telecom operatorRead More

IBM acquires Xtify

IBM acquires Xtify

October 4, 2013 at 1:12 pm 0 comments

IBM today announced the acquisition of Xtify, a leading provider of cloud-based mobile messaging tool provider. Xtify help organizations improve mobile sales, drive in-store traffic and engage customers with personalized offers. It provides digital marketers with the ability to create content-rich in-app mobile messaging and push notifications to encourage mobileRead More

Google acquires Flutter, a gesture company

Google acquires Flutter, a gesture company

October 4, 2013 at 12:27 pm 0 comments

Google has acquired Flutter, a company that focuses on controlling movies and music with gestures. The price at which Google acquired Flutter has not been disclosed. The company started three years ago by Indian and the focus was to build a ubiquitous and power-efficient gesture recognition technology which was consideredRead More

Cognizant signs 5 year agreement with KBC Group

Cognizant signs 5 year agreement with KBC Group

October 4, 2013 at 11:49 am 0 comments

Cognizant today announced that it has been selected by the KBC group, an integrated bank insurance group and a top financial institution in Belgium for a 5 year agreement as a strategic partner to optimize service delivery and drive superior customer engagement. Cognizant will deliver application development, application maintenance, andRead More

Twitter files IPO, to raise $1 billion

Twitter files IPO, to raise $1 billion

October 4, 2013 at 9:56 am 0 comments

Twitter, the micro-blogging application firm,  has gone for public S-1 filing IPO on Thursday and plans to raise $1 billion. Twitter public files its S-1 statement, giving investors the information about company’s financials and other key details. Founded in 2006, Twitter has never been profitable and has history of lossesRead More

Ixia releases ‘Validating VoLTE’

Ixia releases ‘Validating VoLTE’

October 4, 2013 at 9:30 am 0 comments

Ixia has published an industry-first book, “Validating VoLTE: A Definitive Guide to Successful Deployments,” providing a unique study of the major deployment challenges and a step-by-step process to help customers deliver superior VoLTE services. VoLTE gives mobile operators the opportunity to deliver a new conversation experience by enabling enriched voice,Read More

Orange Business join hands with Samsung

Orange Business join hands with Samsung

October 4, 2013 at 9:15 am 0 comments

Orange Business Services and Samsung Electronics have signed a strategic partnership agreement to develop the professional use of tablets and services to help companies leverage the benefits of this device. The partnership is presently limited to Orange footprint in Europe, with specific emphasis on Belgium, France, Poland and Spain. ThroughRead More

Cognizant acquires Equinox Consulting

Cognizant acquires Equinox Consulting

October 4, 2013 at 8:35 am 0 comments

Cognizant has announced that it has acquired Equinox Consulting, a financial services consulting firm based in Paris, France. Equinox Consulting provides business consulting services across investment banking, asset management, retail banking, insurance, and specialized financial services. Founded in 2004, the company is known for its deep regulatory consulting expertise, spanningRead More

Airtel ranked Africa’s ‘Most Admired Global Brands’

Airtel ranked Africa’s ‘Most Admired Global Brands’

October 4, 2013 at 8:25 am 0 comments

Bharti Airtel, a leading telecommunications service provider with operations in 20 countries across South Asia and Africa has consolidated its position as one of Africa’s top ten ‘Most Admired Global Brands’. A new survey conducted by the African Business Awards indicates that despite only a 3 year presence in Africa,Read More