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Telkom Group net profit falls 19.5% to ZAR 2.9 bln
2015-06-09 11:09:00| Telecompaper Headlines
(Telecompaper) Telkom Group reported a 19.5 percent decline in its net profit to ZAR 2.9 billion for the financial year ended 31 March from ZAR 3.6 billion a year earlier. Its number of ADSL internet lines surpassed 1 million but that its total number of fixed lines fell 4.9 percent during the period from 3.62 million to 3.439 million. Net revenue increased 3.1 percent to ZAR26 billion and EBITDA rose 15.1 percent to ZAR 9 billion.
LTE revenue reaches USD 6 bln worldwide in Q1
2015-06-08 09:22:00| Telecompaper Headlines
(Telecompaper) Global LTE mobile infrastructure revenue is forecast to peak at USD 23.3 billion in 2015 and then start to decline as a result of diminishing rollouts, according to a report by Infonetics Research. As the market reached the peak of LTE roll-outs, LTE is now set to perform at USD 6 billion a quarter for some time as operators complete their major remaining rollouts, researchers believe. LTE revenue totaled USD 6 billion worldwide in Q1, a 1 percent sequential decline.
Tags: worldwide
usd
revenue
reaches
SoftBank to invest USD 1 bln in e-commerce company Coupang
2015-06-03 12:28:00| Telecompaper Headlines
(Telecompaper) A subsidiary of Japanese operator Softbank will invest USD 1 billion in Korean e-commerce retailer Coupang. The investment is expected to close at the beginning of July, and will bring the total amount of funding raised by Coupang over the past year to nearly USD 1.5 billion. Coupang will use the fresh funds to boost its innovations in its fulfillment service, same-day delivery network and mobile applications. Coupang will also expand its R&D offices in Silicon Valley, Seattle, Shanghai and Seoul. Coupang reports it has reached 25 million mobile application downloads in Korea. Mobile sales currently account for over 75 percent of the company's revenue and over 85 percent of its total traffic.
Tags: company
usd
invest
ecommerce
Microsoft shows Windows 10 devices, wants 1 bln of them soon
2015-06-03 11:15:00| Telecompaper Headlines
(Telecompaper) Microsoft hopes to have 1 billion devices running Windows 10 in the next 2-3 years. The company made the statement at the Computex 2015 event. The company highlighted a number of devices, some not yet launched, designed for Windows 10, including PCs from Acer, ASUS, Dell, HP and Toshiba. The list includes the Acer Z3-710 PC with a slim, 1.4-inch-thin chassis, the ASUS Transformer Book T100HA 2-in-1 laptop with detachable keyboard, up to 14 hours of battery life and a tablet measuring 8.45mm and 580g, and the ASUS Zen AiO Z240 with the latest quad-core Intel Core i7 CPU, gaming-grade NVIDIA GTX 960M graphics, a 3-D camera and a six-speaker stereo sound system. Other devices include the Dell XPS 15, shown publicly for the first time and optimised for Windows 10, features the same virtually borderless InfinityEdge display as the XPS 13 and the new x2 from HP is a 2-in-1, ultra-portable, "tablet first" detachable with an innovative magnetic hinge design that makes the device flexible and lappable. Users can transition seamlessly from tablet to PC mode. Another new HP tablet for mobile productivity has new note-taking capabilities while a new Toshiba PC enables Windows Hello with the latest biometric security technology, including a face-authentication camera, an Ultra HD 4K screen and optimization for Cortana.
Connected devices to reach 26 bln by 2020 - Ericsson
2015-06-03 09:53:00| Telecompaper Headlines
(Telecompaper) There will be more than 26 billion connected devices by 2020, a new report by Ericsson revealed. Around 70 percent of the world's population will be using smartphones by 2020, with 90 percent covered by mobile broadband networks. Smartphone subscriptions will more than double to 6.1 billion by 2020, with the vast majority (almost 80%) of the new subscriptions coming from Asia Pacific, the Middle East and Africa. By 2020, 80 percent of all mobile data traffic will come from smartphones. North America and Europe will continue to have highest data usage per smartphone. Smartphone data is predicted to increase ten-fold by 2020, when 80 percent of all mobile data traffic will come from smartphones. Average monthly data usage per smartphone in North America will increase to 14 GB from 2.4 GB by 2020. Meanwhile, video traffic will soar 55 percent per year until 2020, driven by video streaming services and increasing prevalence of video in online content.
Tags: reach
devices
connected
ericsson
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