By Editor on February 12, 2010 · Leave a Comment
www.WirelessFederation.com/news: A net loss of USD2.44 billion for the twelve months ended December 31, 2009 has been posted by Sprint Nextel, which is a 13% year-on-year improvement. A net loss of USD2.79 billion has also been suffered by the company and the revenues continued to fall, down 9% from USD35.64 billion in 2008 to USD32.26 billion a year later.
Operating income before interest, depreciation and amortization went down from USD7.66 billion to USD6.41 billion. The company also lost a total of 1.13 million wireless subscribers in 2009.
According to CEO Dan Hesse, Sprint’s performance built notable momentum during the second half of 2009 and the firm continues to closely manage costs, and in 2009 it generated the highest annual free cash flow since the merger.
The fourth quarter completion of the Virgin Mobile USA and iPCS acquisitions, as well as additional large investment in Clearwire, are hailed important for the future of the company.
Filed under Mobile ·
Tagged with Acquisition, Clearwire, Free Cash Flow, merger, Net Loss, North America, Sprint, Sprint Nextel, USA, Virgin, Virgin Mobile
By Editor on January 20, 2010 · Leave a Comment
www.WirelessFederation.com/news: A new Android-based mobile handset has been launched by LG Electronics through T-Mobile UK and Virgin Media under the name of LG InTouch Max GW620. The device has an access to over 20,000 applications available on the Android Market.
Both free and payable apps including weather, games, mapping, Facebook and Twitter applications has been offered by LG InTouch Max GW620. The features of the phone include a 5-line QWERTY and touch screen keyboard, a 5-megapixel camera, a 3-inch touch screen, and a 1500mAh battery. The Social Networking Manager built-in application allows the users to access their friend’s social networking profiles directly from their contacts lists.
Auto Face-tagging and Face-to-Action are some of the other qualities making social networking through your phone all the more exciting.
By Editor on January 14, 2010 · Leave a Comment
www.WirelessFederation.com/news: In a bid to refinance its main bank debt, €689 million worth of secured bonds will be issued by Virgin Media. Placement which has an eight-year maturity will be handled by JPMorgan and Goldman Sachs.
£3.1 billion (€3.44b) debt piling by 2012 has been anticipated by the UK cable carrier, as part of its net debt, totaling more than £4 billion. Heavy investment by Virgin Media in its broadband network in a bid to compete with British Sky Broadcasting and BT lead to the accumulation of such a huge debt.
Multi million pound tranches of bonds has been gradually issued by the carrier, the latest in November for the equivalent of £715m.
By Editor on October 14, 2009 · Leave a Comment
Wireless Federation will shortly be announcing the availability of the results of India’s largest primary research project undertaken to study Mobile usage in India. The project is titled IndiaMobile 2009.
The survey is one of the most representative, independent enumeration of mobile phone usage in India. Close to 285,000 urban and rural Indians, covering all states and union territories574 districts, 3,175 towns and over 2,800 villages were interviewed. With at least 30 plus sample each from 323 districts and 419 towns, and 100 plus sample each from 184 districts and 155 towns, the study could actually be the World’s largest mobile (telecom) usage study carried out in a single country. The survey was carried out by a reputed local research agency under the guidance of Wireless Federation.
With the Mobile sector in India seeing close to 20% of its market capitalisation knocked off in the last few days and increased momentum in the price war in India, the results from this survey will help the sector understand its customers better in order to re-gain some of its strength back.
Airtel, Aircel, Tata Indicom, Tata DoCoMo, Etisalat, MTS India, Loop Mobile, Reliance Mobile, Idea Cellular, Vodafone, BSNL, MTNL, Telenor, Virgin can all now compare data from each and every circle and each live operator to understand demographic spread, handset usage and analysis as well as detailed psychographic analysis of the Indian mobile consumer.
The Indian mobile industry will be able to plan better based on the results from this study, which is now planned to occur each year. A large majority of mobile operators have expressed keen interest in the results of the study.
By using the IndiaMobile 2009 results, Mobile Operators will be able to further mould the study to better suit their needs from 2010 onwards.
This study will be the de-facto benchmark for Mobile Usage in India, given the thorough nature of the research, the sheer size of the sample and the level of interest from the Mobile Eco-System in utilising the results from this study.
For More information, please write to Audrey [at] WirelessFederation.com for your free copy of the headline results.
Filed under Mobile ·
Tagged with Aircel, Airtel, Audrey, BSNL, consumer, DoCoMo, Etisalat, Idea, India, IndiaMobile, Indicom, Loop, MTNL, MTS, operators, Reliance, Survey, Tata, Telenor, USA, Virgin, Vodafone, Wireless, WirelessFederation
By admin on October 2, 2009 · Leave a Comment
T-mobile along with Vectone intends to capture a large chunk of the increasing migration of international calling minutes on to the mobile.
Vectone is already established across Europe and has over one million customers across Denmark, Norway, Austria, The
Netherlands and
Switzerland.
T-mobile claims to have over 50% of the wholesale market already (virgin’s MVNO operation rides on t-mobile).
The Ethnic focussed, low-cost prepay service is estimated to target ten million potential
subscribers in the UK generating more than seven billion calls per year.
T-Mobile,
managing director Richard Moat said: ‘We are delighted to be supporting Vectone’s ambitious expansion plans for the UK market. The deal with Vectone signals our intent to become a major player in the ethnic MVNO arena.
‘With international calling card minutes rapidly migrating to mobile, this is an excellent time to be forging new partnerships in a segment which is showing signs of bucking the recession with strong projected growth rates.
‘Vectone builds on our eight existing MVNO partnerships and underlines our ambitions to target new growth areas in the wholesale market.’
T-mobile along with Vectone intends to capture a large chunk of the potential 7 billion calls per year of international calling from the ethnic community within the UK.
Vectone is already established across Europe and has over one million customers across Denmark, Norway, Austria, The Netherlands and Switzerland.
T-mobile claims to have over 50% of the wholesale market already (virgin’s MVNO operation rides on t-mobile) and with its ninth major
partnership, there may be more to cheer about.
The Ethnic focussed, low-cost prepay service is estimated to target ten million potential subscribers in the UK.
T-Mobile, managing director Richard Moat said: ‘We are delighted to be supporting Vectone’s ambitious expansion plans for the UK market. The deal with Vectone signals our intent to become a major player in the ethnic MVNO arena.
‘With international calling card minutes rapidly migrating to mobile, this is an excellent time to be forging new partnerships in a segment which is showing signs of bucking the recession with strong projected growth rates.
‘Vectone builds on our eight existing MVNO partnerships and underlines our ambitions to target new growth areas in the wholesale market.’
Filed under Mobile ·
Tagged with Denmark, Austria, Calling Card, Calling Minutes, Community, ethnic community, Ethnic MVNO, Europe, Expansion Plan, Expansion plans, International Call, International Calling, international calling card, Lebara Mobile, Managing Director, Minutes, MVNO, Netherland, Netherlands, Norway, OSS, Partnership, Prepay Service, Subscribers, Switzerland, T-Mobile, The Netherlands, UK, Vectone, Virgin, wholesale market
By Editor on August 15, 2006 · Leave a Comment
BIG price cuts could be on the way for mobile phone customers.
The telecoms watchdog, Ofcom, has ordered four more years of cuts on calls and said it will investigate text messaging charges.
Customers could see parts of their mobile bills cut by almost 10%, analysts said today.
Two years ago Ofcom ordered a 3% cut in the charges mobile operators make for calls to someone on another network-or those to landlines – so-called termination charges.
Vodafone, O2, T-Mobile,
Orange
and 3, passed on some, but not all, of the cuts to consumers. Charges dropped between 13 and 14%.
Today the watchdog ordered further cuts in prices – of up to 19% – and said they will also apply to the new third generation of mobile phones and should last until March 2011. For
Orange
and T-Mobile this means the termination charge will have to drop from 6.31p per minute to around 5.3p. Vodafone and O2 have been told to cut their charges from 5.63p to the same 5.3p.
Ofcom also launched an inquiry into the multi-billion text messaging market.
It said that it would look at how the mobile networks charge each other and the likes of BT for sending their customers’ messages to other networks.
UK
customers spent £2.1bn on texts last year and it now makes up around a fifth of the mobile networks’ annual revenues
Britons send an over 85 million text messages a day and on average send 28 texts a week.
For basic pay as you go tariffs, Vodafone charges 30p a minute for calls and 12p for texts.
Orange
is 40p/10p; T-Mobile 12p/10p; 02 35p/12p; Virgin Mobile 35p;10p.
Source- http://www.thisismoney.co.uk
Technorati : Mobile, O2, Ofcom, Operator, Orange, T-Mobile, Vodafone
Ice Rocket : Mobile, O2, Ofcom, Operator, Orange, T-Mobile, Vodafone
Filed under Mobile ·
Tagged with Annual Revenue, Basic Pay, Bills, Landline, Landlines, Mobile Bill, Mobile Bills, Mobile networks, Ofcom, Telecoms Watchdog, Termination Charges, Text Messages, Text Messaging, Texts, Virgin, Virgin Mobile, watchdog
