China Telecom has reported a sharp rise in earnings and revenues for the first six months of the year thanks to soaring demand for the iPhone and mobile data services.
The operator – China’s third-biggest behind China Mobile (Beijing, China) and China Unicom (Beijing, China) – saw net income increase by 15.9% for the first half, to RMB10.2 billion ($1.67 billion), compared with the same period last year, while revenues grew by 14.1%, to RMB138 billion, over the same period.
Russia’s MTS swung to a net profit and reported revenue growth for the three months ending June thanks to rising demand for mobile data services and various one-off gains, including settlements related to its disputed ownership of Bitel, an operator in the Kyrgyz Republic.
German carmaker Audi has begun selling cars with in-built LTE connectivity across Europe and it plans to introduce the technology into US vehicles next spring.
The 4G technology is now available in the Audi S3 Sportback and will be introduced into other vehicles in the manufacturer’s premium compact range in November.
According to the GigaOm website, the company also plans to release an LTE-equipped version of its A3 Sedan in the US market, but not until spring 2014.
Canada's three biggest wireless companies plan to attack Verizon Communications Inc's role in the U.S. government's electronic spying scandal, as they scramble to force Ottawa to rethink rules that encourage Verizon to set up in Canada, according to four sources.
The Canadian government has so far spurned an intense lobbying effort from the trio - Rogers Communications (Toronto, Canada), BCE Inc (Montreal, Canada) and Telus Corp (Burnaby, Canada) - by insisting its policies will cut Canadians' wireless bills.
The stars may be aligning for a long-awaited deal between Apple Inc and China Mobile Ltd, the world's biggest mobile carrier, that could help the iPhone maker claw back lost ground in its most important growth market.
Apple (Cupertino, CA, USA) is expected to unveil its redesigned iPhone next month and may also release a cheaper, emerging market smartphone.
Czech regulatory authorities have announced plans to hold an auction of 4G spectrum by mid-November after a previous sale was suspended over concern about the high prices companies were offering for licenses.
In a statement published on its website, the Czech Telecommunications Office (CTU) said companies would be able to register their interest in bidding for spectrum until 30 September.
The CTU plans to sell frequencies in the 800MHz, 1800MHz and 2.6GHz bands but has stoked controversy by proposing to reserve some of the 800MHz and 1800MHz airwaves for a new entrant.
US operator Sprint says it has successfully carried out a trial of 400Gbps technology that could help to support the rising demand for data services on both fixed and mobile networks.
The operator has been working with network equipment vendor Ciena (Hanover, MD, USA) on the deployment of the high-speed technology, and says the two companies completed the 400Gbps trial in the Silicon Valley area in July.
MegaFon’s planned takeover of Scartel will put it at the top of a three-tier market for the provision of next-generation mobile services in Russia, according to a statement from ratings agency Fitch.
Scartel (Moscow, Russia) had originally set itself up with the intention of building a 4G LTE network that could be used by all of Russia’s main cellular operators, but it has failed to attract any customer besides MegaFon (Moscow, Russia).
Philip Falcone's Harbinger Capital on Friday sued agricultural equipment maker Deere & Co and Global Positioning System companies and groups for damages of $1.9 billion as it looks to recoup its investment in bankrupt wireless company LightSquared.
UK-headquartered mobile operator Vodafone has become the second company to launch 4G LTE services in the Netherlands using frequencies awarded in December 2012.
The operator this week announced the availability of the high-speed technology in the Randstad region, including the major cities of Amsterdam, Rotterdam, The Hague and Utrecht.