Report: LTE equipment to hit $17.5 billion in 2016

The global 2G, 3G, and 4G equipment market decreased 14% to just under $10 billion in the first quarter of 2012 following an 8% increase the previous quarter, reports market research firm Infonetics Research in its new report.

Sprint gets $1 billion credit for Ericsson equipment

Reuters

Sprint Nextel Corp has arranged a $1 billion credit facility to buy network equipment from Ericsson for a high-speed wireless project that will involve the shuttering of its Nextel network next year.

Oracle dealt big blow in Google patent infringement case

Reuters

Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a fight between the two Silicon Valley giants over smartphone technology.


In a case that examined whether computer language that connects programs and operating systems can be copyrighted, Oracle (Redwood, Calif., USA) claimed Google's (Mountain View, Calif., USA) Android tramples on its intellectual property rights to the Java programming language.

Vodafone makes $6.3 billion writedown on European weakness

Reuters

Mobile operator Vodafone made a writedown of $6.3 billion and cut its medium-term sales target as the debt crisis squeezed customers in southern Europe, forcing them to save money on phone calls.

European telecoms brace for data roaming caps

Reuters

Consumers in Europe will pay less for mobile phone calls, texts and Internet access when travelling abroad following a ruling on Thursday that could also prompt telecom companies to introduce cross-border deals to offset lost revenue.

NRF urges FTC to move cautiously on mobile payments

On Thursday, The National Retail Federation urged the U.S.

Telecom vendors report quarterly results

Reuters

A slowdown in spending by telecom operators globally is hurting all vendors of telecom equipment, just as they were recovering from the last downturn and intense price wars.


Analysts predict slower growth of 3-4% in the overall market for telecom network equipment, down from 7-8% last year.


The market recovered strongly in 2011 as operators invested to catch up with a surge in traffic from smartphones and tablets, but the final quarter saw renewed concern about global growth, especially in Europe.

Top three U.S. telecom carriers report quarterly results

Reuters

The top three U.S. telecom carriers, Verizon Communications, AT&T Inc and Sprint Nextel Inc, recently released financial results for the first quarter of 2012.  All three carriers reported higher-than-expected financial results for 1Q2012. 

AT&T profit beats estimates as iPhone sales drop helps margins

Reuters

On Tuesday, AT&T Inc reported a higher-than-expected quarterly profit as iPhone sales declined, reducing the amount of cash it had to pay Apple Inc and boosting its margins.

ZTE, China Unicom miss quarterly profit forecasts

Reuters

ZTE Corp (Shenxhen, P.R.C.) and China Unicom (Beijing, P.R.C.), China’s second largest telecommunications equipment maker and carrier respectively, reported third quarter net profit that missed expectations, with both companies grappling with pressured margins.


ZTE posted a second straight fall in quarterly profit mainly due to the weakness in the euro and a delay in value-added tax rebates, while China Unicom's profit was up by a worse-than-expected 21% as it doled out subsidies to attract more 3G users.

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