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Americans Spending Nearly Five Hours a Day on Smartphones

2015-02-12 04:56:54| Location-Based Services (LBS) Zone

LBSzone news -Informate Mobile Intelligence First to Measure Smartphone Usage Internationally, Report Currently Tracks 12 Countries and Will Expand to 25 by the End of 2015 Americans are now spending an average of 4.7 hours a day on their smart phones more than their counterparts in at least 11 countries around the world according to […]The post Americans Spending Nearly Five Hours a Day on Smartphones appeared first on LBSZone.

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VIDEO: Optimism but no deal on Greece

2015-02-12 03:43:32| BBC News | Business | UK Edition

Talks on the future of Greece's debt repayments have been "constructive" but no agreement has been reached, both sides confirm.

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Market Close: Shares rise led by Air NZ on falling fuel costs; SkyCity gains on first half

2015-02-11 09:41:31| Airlines - Topix.net

New Zealand shares rose, led by Air New Zealand on falling fuel prices. SkyCity Entertainment Group gained after reporting first-half results.

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America Movil net profit down 78% in Q4 on forex effects

2015-02-11 08:02:00| Telecompaper Headlines

(Telecompaper) America Movil reported fourth-quarter net profit down 77.8 percent from a year earlier to MXN 3.612 bilion, hurt by fluctuations in exchange rates. EBITDA was also down 0.7 percent to MXN 67.67 billion, and EBIT dropped 5.2 percent to MXN 33.63 billion due to higher deprciation and amortisation charges. Pro forma for the acquisition of Telekom Austria, revenues rose 2.7 percent year-on-year to MXN 229.3 billion. At constant exchange rates, service revenue growth slowed to 3.2 percent, as regulatory cuts in interconnection rates in markets such as Mexico and Brazil impacted voice revenues. Mobile data continued to be the strongest growth driver, with revenues up 14.6 percent, followed by pay TV revenues up 12.7 percent. Fixed broadband revenues increased by 12.0 percent. Overall, service revenues rose 0.7 percent to MXN 197.44 billion, and equipment revenues increased 14.7 percent to 31.86 billion. Net debt increased slightly over the year on a pro forma basis, to MXN 533.4 billion from MXN 518.6 billion, and was equal to 1.7 times EBITDA after adjusting for currency exposure. America movil spent MXN 149.7 billion on capex last year, equal to 16.9 percent of revenues, while also returning MXN 52.1 billion to shareholders in dividends and share buybacks.

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Verizon, T-Mobile and SK Telecom have the hots for LTE on Wi-Fi spectrum

2015-02-10 17:42:21| Wireless - Topix.net

In the hunt for ways to improve coverage and increase cellular speeds, Verizon Wireless and T-Mobile in the U.S., and SK Telecom of South Korea, are considering using LTE over 5GHz, which today is used by Wi-Fi networks. The operators have all taken part in tests conducted by telecommunications equipment vendor Ericsson in Canada and Sweden, Ericsson said on Tuesday.

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