Telecom Sector
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China Mobile Puts High Hopes On Its 4G Network

China Mobile Puts High Hopes On Its 4G NetworkChina Mobile Ltd., which is the world’s biggest phone company in terms of subscribers, figured the best performance among Chinese phone companies in the U. S. this year. This comes as a big boon for the company which has been eyeing customers by providing a faster wireless network to them.

Sprint Terminates Deal with LightSquared

Sprint Terminates Deal with LightSquaredAs per reports, it has been revealed that Sprint Nextel Corporation is going to end its 15-year contract with Philip Falcone's LightSquared Inc. The decision has been taken as the Federal Communications Commission is going to reject the proposal of LightSquared to proceed with its planned nationwide fourth-generation network plan.

Telecom Operators’ Slow Spending On Networks Hit Alcatel-Lucent

Alcatel-LucentA new report reveals that slow spending by telecom operators has largely hit Alcatel-Lucent (ALUA. PA), which is a Franco-American group making Telecom gears. It has been found that the group has faced a fall in its profitability due to the slower spending of telecoms.

Singapore’s ST Telemedia withdraws Eircom debt proposal

Singapore’s ST Telemedia withdraws Eircom debt proposal Singapore-based telecoms firm ST Telemedia (STT), the largest shareholder in Eircom Ltd, has pulled its proposal to restructure the firm's _3.75 billion debt.
All representatives of the STT have also resigned from the various boards and committees of Eircom and its group's companies.

Aircel’s iPhone 4S to Hit Indian Markets Soon

AircelIndian markets are eagerly waiting for the launch of Aircel’s new iPhone 4S. It has been reported that in India, the iPhone 4S will be launched on 25th of November. Although the iPhone would be launched on 25th of November, Aircel would be taking up orders from 18th of November.

O2 Comes Up With ‘Working Families Contract’

O2 Comes Up With ‘Working Families Contract’The telecommunication company O2 has come up with a new employment scheme known as ‘Working Families Contract’. The contract provides the employees of the firm to switch to flexible working hours, in order to balance with their personal and professional life.

End of Etisalat's monopoly

End of Etisalat's monopolyTwofour54 deal will give the first time opportunity to choose between the telecommunications providers Etisalat and du by breaking Etisalat's monopoly.

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