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Mobile carriers' profitability improves in Q3

2015-09-27 07:11:20| Telecom - Topix.net

South Korea's three mobile carriers are estimated to have posted an improved ratio of operating income to total revenue in the third quarter, industry sources said Sunday, as the firms reduced marketing expenditures. The combined sales posted by SK Telecom Co., KT Corp. and LG Uplus Corp. are estimated to have reached 12.5 trillion won in the July-September period, while the operating profit is expected at 1.67 trillion won, the data compiled by industry tracker FnGuide showed.

Tags: mobile carriers improves profitability

 

Marvell announces major restructuring of mobile business

2015-09-25 09:35:00| Telecompaper Headlines

(Telecompaper) Marvell Technology announced plans for a significant restructuring of its mobile platform business in order to focus on more profitable products and opportunities. Going forward, the company will focus on wireless connectivity products, including Wi-Fi and other wireless standards needed to support its strategies in existing markets as well as expanding into emerging opportunities in the IoT and automotive segments. The restructuring plan will see the company cut 17 percent of the workforce associated with mobile and reduce annual operating costs by a total USD 170-220 million. The mobile platform business is currently expected to reach a gross profit of USD 13 million on revenues of USD 122 million in the first half of fiscal 2016. The restructuring will begin immediately and the company expects the major activities will take place through the end of fiscal 2016. The cost of the restructuring is estimated at USD 100-130 million, including USD 45-55 million in costs for the lay-offs in the second half of the fiscal year. Other major components include facilities and asset impairment charges of USD 30-40 million and an inventory writedown of USD 25-35 million. The company said it will discuss the restructuring of the mobile platform business in more detail during its next quarterly earnings conference call, the date of which is yet to be determined. 

Tags: business major mobile announces

 
 

Poor Wi-Fi Management to Cost Mobile Operators $18bn

2015-09-25 09:25:02| Wireless - Topix.net

Research released today by XCellAir, an expert in Wi-Fi Quality of Experience , has revealed that operators could fail to capture up to $18bn of opportunity cost if they continue to poorly manage unregulated spectrum. The study, conducted in partnership with independent telecoms analyst Real Wireless, shows that poor management of Wi-Fi assets severely limits such assets' usefulness in dense urban environments where many access points are deployed to serve large numbers of users and large volumes of data.

Tags: management mobile cost poor

 

Kids Prefer Gaming on Mobile Devices

2015-09-24 19:00:48| PC Magazine Notebooks Product Guide

According to a new NPD Group report, mobile devices have surpassed consoles and PCs as the most popular gaming platform.

Tags: mobile kids devices gaming

 

Kids Prefer Gaming on Mobile Devices

2015-09-24 19:00:46| PC Magazine Cell Phones Product Guide

According to a new NPD Group report, mobile devices have surpassed consoles and PCs as the most popular gaming platform.

Tags: mobile kids devices gaming

 

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