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Thursday, September 2, 2010

Financial Times
EMERGING ECONOMIES FIND OWN WAY OF USING WEB
Consumers in emerging markets are developing differing online habits, according to a recent study by the Boston Consulting Group (BCG). For instance, Chinese Internet users mainly log on for instant messaging and streaming music, while consumers in Brazil and Russia are more focused on running searches and email. While cultural differences are a factor in forming online usage patterns, cost and technology levels also play an important role. “About half of all Internet connections in India are dial-up, slow and expensive. Therefore, if you go online there, you log on, check mail, and log off again, whereas in China you might be online all day,” said David Michael of BCG in Beijing. The varying habits are leaving multinationals scratching their heads over future marketing strategies, writes FT.

EIRCOM IN TALKS TO RESTRUCTURE ITS DEBT
FT reports that Eircom is exploring the possibilities of debt restructuring, and the telecom operator has warned that it might have some trouble meeting its obligations in the next 12-18 months. “At the moment, we’re not seeing any green shoots of recovery, so it would be wrong to predict any material improvement around the top line,” CEO Paul Donovan said, further darkening the financial outlook slightly.

WHY INTEL FELL FOR INFINEON
It is no wonder that Intel recently acquired Infineon, writes FT in its Lex Column. The chips that go into mobile phones are finding an increasing amount of other applications, such as e-readers and media tablets, and Gartner has predicted 22-percent annual growth in the mobile-applications processor market between 2009 and 2014. Furthermore, Infineon’s engineers specialize in squeezing many functions into a single chip, an advantage that would further explain the German chipmaker’s allure. 

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