China Mobile Ltd has awarded initial 4G contracts worth around 20 billion yuan ($3.2 billion), with Chinese firms securing more than half of the biggest prize in the global telecoms industry this year and foreign firms winning about a third, industry sources said.
Telecoms equipment makers, such as global leader Ericsson (Stockholm, Sweden) and Huawei Technologies Co Ltd (Shenzhen, China), have been waiting for China Mobile's (Beijing, China) 4G tender to lift the fortunes of an industry that has been hit by a lack of spending worldwide.
Network-equipment maker Aruba Networks Inc (Sunnyvale, CA, USA) reported a 10 percent rise in fourth-quarter revenue as demand for its products rose and it added new customers.
Net loss widened to $16.3 million, or 14 cents per share, in the three months ended July from $3 million, or 3 cents per share, a year earlier.
Revenue rose to $153.1 million from $139.2 million.
Excluding items, the company earned 12 cents per share.
Aruba's products provide secure network access across wireless and wired networks.
New cable network Al Jazeera America introduced itself to viewers on Tuesday with reports on political strife in Egypt and the impact of climate change on U.S. cities, shortly after a major pay TV distributor declined to carry the channel.
The decision by AT&T's (Dallas, TX, USA) U-verse pay-TV service stemmed from a contract dispute over terms to carry the new network, AT&T spokesman Mark Siegel said.
Al Jazeera (Doha, Qatar) responded by suing AT&T for breach of contract in Delaware Chancery Court.
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.
Network equipment maker Cisco Systems Inc is cutting 4,000 jobs, or 5 percent of its workforce, as it makes a fresh attempt to reduce costs and refocus on growth areas in the face of uncertain demand for its networking equipment.
Shares of the world's biggest network equipment maker fell more than 9 percent after hours, their biggest drop in more than a year if reflected on Nasdaq on Thursday.
Telekom Austria and Dutch group KPN, the European rivals in which Mexican tycoon Carlos Slim has invested, have joined forces to offer internet-based data services to wholesale and large business customers, they said on Tuesday.
The two companies are combining their infrastructure to create a "backbone" optic fiber network across 35 countries whereby Telekom Austria (Vienna, Austria) can use KPN's (The Hague, Netherlands) network for its customers in western Europe and KPN can use Telekom Austria's network in central and eastern Europe.
The China SDN Conference allows telecom carriers and data center network operators who recognize the importance of this exciting and transformational technology to learn more about the latest developments. Nearly 700 delegates took part in the inaugural China SDN Conference making this the best attended event of its kind in the country. This follow up event in November provides another outstanding opportunity to explore, discuss and understand more about issues dominating the agendas of network planners, engineers, developers, strategists, researchers and executives.
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Huawei Technologies Co Ltd, the world's second largest telecom equipment maker, said on Wednesday it was on track to achieve 10 percent revenue growth in 2013 after posting a 10.8 percent increase in first-half sales.
Huawei (Shenzhen, China) also said it expected to generate a net profit margin of 7-8 percent in 2013, compared with about 7 percent in 2012, according to Reuters' calculations. The company did not give other figures in its brief statement.