Financial Times
AT&T STEPS UP MOBILE DATA SERVICE
FT reports that in an effort to compete more effectively with rivals such as T-Mobile USA and the US mobile unit Deutsche Telekom, AT&T will upgrade its mobile network by the end of 2010, using HSPA+ technology. The upgrade, which is expected to cost less than USD100 per subscriber, will more than triple the speeds offered on AT&T’s current U-verse fiber-optic network, to 80 megabits per second, which is 30mbps more than is offered by rival Verizon Communications.
FT reports that in an effort to compete more effectively with rivals such as T-Mobile USA and the US mobile unit Deutsche Telekom, AT&T will upgrade its mobile network by the end of 2010, using HSPA+ technology. The upgrade, which is expected to cost less than USD100 per subscriber, will more than triple the speeds offered on AT&T’s current U-verse fiber-optic network, to 80 megabits per second, which is 30mbps more than is offered by rival Verizon Communications.
VODAFONE STRUGGLES IN INDIAN MARKET
Vodafone is facing rising expenses and declining profitability in its Indian business, where the company is currently participating in a radio spectrum auction that has seen license bids escalate rapidly to over four times the reserve price, writes FT. The once profitable Indian market deteriorated rapidly after Bharti Airtel and Reliance Communications started a fierce price war. The operator is also struggling with a proposal for retrospective spectrum charges and a tax claim of USD2 billion on its original purchase of its Indian business.
Vodafone is facing rising expenses and declining profitability in its Indian business, where the company is currently participating in a radio spectrum auction that has seen license bids escalate rapidly to over four times the reserve price, writes FT. The once profitable Indian market deteriorated rapidly after Bharti Airtel and Reliance Communications started a fierce price war. The operator is also struggling with a proposal for retrospective spectrum charges and a tax claim of USD2 billion on its original purchase of its Indian business.
GROWING NATIONS DRAW DEAL ACTIVITY
The trend of foreign acquisitions in emerging markets by multinational companies, aided by active participation of groups based in the respective country, is expected to increase this year, with the most popular target market being China, although major single deals, such as the recent USD10.7 billion deal by Bharti Airel in Kenya, can affect totals, writes FT.
The trend of foreign acquisitions in emerging markets by multinational companies, aided by active participation of groups based in the respective country, is expected to increase this year, with the most popular target market being China, although major single deals, such as the recent USD10.7 billion deal by Bharti Airel in Kenya, can affect totals, writes FT.
LEX ON GLOBAL TELECOMS
FT’s Lex column writes about telecom operators and compares how they were valued 10 years ago and how they are today. According to Lex, the market has been asking where the revenues will come from in a time when everyone demands flat fees. But now the answer seems to be the smartphones’ users, as they are clearly willing to pay more for better quality.
FT’s Lex column writes about telecom operators and compares how they were valued 10 years ago and how they are today. According to Lex, the market has been asking where the revenues will come from in a time when everyone demands flat fees. But now the answer seems to be the smartphones’ users, as they are clearly willing to pay more for better quality.
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