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Global telco revenues hit $2trn but growth slow

Global telco revenues hit $2trn but growth slow | cross pond high tech | Scoop.it
From www.totaltele.com - January 7, 6:42 AM

"According to Ovum, 60% of the $2 trillion-plus revenues generated last year went to mobile operators. In addition, the analyst firm identified mobile broadband as the "single largest opportunity for telcos to claw back revenue," predicting that the sector will grow by 19.2% annually and generate $122.9 billion in incremental revenue between 2013 and 2016.

There is some good news for the fixed-line firms though. Other segments reporting double-digit revenue growth over the next five years will include public cloud, Ethernet, IPTV and managed/hosted IP voice, Ovum predicts.

Infrastructure vendors, meanwhile, will have to position themselves carefully to generate revenue increases of their own. With service provider revenues overall experiencing low single-digit growth, capex is likely to be constrained."

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Softbank Buys 70% Of Sprint

Softbank Buys 70% Of Sprint | cross pond high tech | Scoop.it
From www.businessinsider.com - October 15, 2012 12:07 PM
A $20 billion deal....expected to be announced Monday morning and while certain details are still being worked out, the boards of both companies have signed off on a transaction under which Softbank will buy $8 billion worth of shares directly from Sprint [S 5.73 -0.03 (-0.52%) ] and tender for another $12 billion worth of the shares from existing holders.

The price of the tender offer is $7.30 a share, a large premium to Sprint's current price. Given the deal's structure, it will not require a shareholder vote.
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UK government and industry heavyweights set up 5G Innovation Centre, want to go one better - Engadget

UK government and industry heavyweights set up 5G Innovation Centre, want to go one better - Engadget | cross pond high tech | Scoop.it
From m.engadget.com - October 10, 2012 3:45 PM
The UK is almost ready to flip the switch on its first LTE network, but it's determined to be at the forefront of the next-generation, setting up a "5G Innovation Centre" at the University of Surrey. The government announced it's putting up £11.6 million (around $18.6 million) in funding, but another £24 million (around $38.5 million) will be coming from an industry group comprising the likes of Huawei, Samsung, Telefonica, Rohde & Schwarz, Fujitsu and others. The money will allow research to go beyond concept and theory, with the aim that all partners work together to develop and standardize 5G technology, which the university has been looking into for a number of years already. They will focus on energy and spectrum efficiency as well as speed, and although it's early days, 10Gbps has been banded around as a per-tower target, translating to roughly 200Mbps for each connection...
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