Nordic Wireless Watch / Hantro turns profitable, gets EUR 4 million expansion money
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Oulu, Finland-base Hantro Oy, a provider of mobile multimedia technology, announced today a further four million euro investment from a syndicate, led by CapMan.
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LONDON  - A wireless message relayed to a ship rescuing survivors from the Titanic - and sent by Guglielmo Marconi, the creator of wireless radio - was sold for almost &#36;5,500 Cdn Thursday at a British auction house.
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Nokia Corp., the world's No. 1 mobile phone maker, on Thursday said that fourth-quarter net profit surged 44 percent to $2.6 billion and that it had reached its long-term goal of 40 percent market share in handset sales. The company's stock soared.Finland-based Nokia said that net sales in October through December grew 34 percent to 15.7 billion euros ($22.9 billion), and that it sold more than 133 million handsets _ up 27 percent from the same period in 2006.'Nokia's excellent fourth quarter contributed to a year of high growth and increased profitability for the company,' Chief Executive Olli-Pekka Kallasvuo said. Read more
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Greece's third largest mobile phone company is being sold for 3.4bn euros.
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German state banking group KfW is selling up to 4 billion euros (2.8 billion pounds) worth of shares in Deutsche Telekom, continuing the privatisation of the German phone operator.
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The most geographically diversified casino operator posts strong fourth-quarter growth.
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Acreo, a leading Swedish research and development institute operating the National Broadband Test-bed, is using Mintera's platform to integrate 40 Gbps wavelengths on a 2.5 Gbps line system over 820 km of ...
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Nokia Siemens Networks will buy Apertio, which specializes in network management applications for telecommunications operators, for &#8364;140 million ($205 million), the companies said Wednesday.Apertio, in Bristol, England, sells a software application suite with components for managing mobile phone subscribers. Features allow operators to authenticate and deliver applications to users, shut off lost handsets and collect real-time data on subscribers.The management and consolidation of subscriber data is becoming more important, particularly as operators offer &quot;converged&quot; services, the term for offerings that combine mobile, fixed-line and Internet-based services, the companies said.The deal is expected to close by May. When complete, Paul Magelli, Apertio&#39;s CEO, will head a new section within the Converged Core business of Nokia Siemens.Apertio&#39;s software and equipment is used by operators such as Orange, T-Mobile, O2 and Vodafone. Apertio, a private company, estimates its 2007 revenue at &#8364;28 million.&#160;
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The Swedish-Finnish telecommunications operator TeliaSonera reported a record profit in the third quarter despite stagnant sales as associated companies posted a tripling of income.
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Verizon Communications posted net income of $4.2 billion for the third quarter, up 19 percent from a year ago, driven largely by new wireless and fiber broadband customers, the company said Monday.The company added 1.6 million wireless customers and 229,000 new&#160;Fios fiber-based broadband&#160;customers, Verizon said. The company&#39;s Verizon Wireless subsidiary now has 63.7 million customers, and Verizon now has 1.3 million Fios broadband customers since launching the service in early 2005.Verizon reported total revenue of $23.8 billion, up 5.8 percent from the third quarter of 2006. Verizon&#39;s earnings per share, however, fell from $0.53 a year ago to $0.44 this quarter.Verizon&#39;s quarterly results show the company has &quot;hit its stride&quot; in offering wireless, broadband, and telecommunication services to large businesses, Chairman and CEO Ivan Seidenberg said in a statement.Among the highlights was an all-time high for Verizon wireless on average monthly revenue per customer, Verizon said. The average for retail voice service was $52.17 per customer, up 1.9 percent over a year ago.In addition to the customer gains for Fios broadband service, the company also added 202,000 Fios television customers, bringing the total number of Fios TV customers to 717,000. Verizon added 285,000 new broadband connections, including Fios and DSL (Digital Subscriber Line). Verizon now has 8 million broadband connections, up 21.3 percent over last year.Fios is available to 6.5 million U.S. residences.But total wireline revenue was down 0.8 percent from last year at $12.7 billion this quarter.Independent telecom analyst Jeff Kagan said Verizon&#39;s Fios push is beginning to pay off. Verizon is headed in the right direction, he said.&quot;It has taken a long time and cost a lot of money for Verizon to get to where they are today with their television and Internet,&quot; Kagan said. &quot;However, now that they are beginning to deliver on the Fios promise, the customers seem to be welcoming the offering.&quot;The now ready telecom-based television services are pumping new life into the telecom carriers, after cable TV companies beat them to the punch by offering voice service before telecoms received regulatory approval to offer TV service, Kagan said.&quot;All of a sudden that dynamic is shifting,&quot; he said. &quot;Suddenly telephone companies like Verizon and AT&amp;T are doing very well as cable television companies are struggling with their sagging stock price.&quot;
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Lucent Technologies Inc. , among the world's largest makers of telecommunications equipment, on Wednesday said its fourth-quarter earnings more than tripled, helped by improving demand in products for wireless networks and a growing service business.
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Finland plans to sell as much as 1.37 billion euros ($1.83 billion) worth of shares in TeliaSonera AB, the Nordic region s largest phone company, as part of the country s program of stock sales to reduce debt.
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Maker of networking gear is using new SRX technology to expand speed, range of its Wi-Fi products.
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Sale of Marmon Holdings to Berkshire raises $4.5B now, more later.
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European shares rose on Friday, supported  by Wall Street's strong close, with standout gains from  TeliaSonera's pledges to trim its costs and as takeover talk  lifted UK cigarette maker Gallaher.
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(InfoWorld) - One of Europe's largest shoe companies plans to embed wireless chips in shoes sold at hundreds of stores across the continent. Under a deal announced Friday, Checkpoint Systems will provide RenoÂ with RFID (radio frequency identification) tags and store tagging systems. The tagging specialist will deliver wafer-thin RFID chips designed especially for shoes from its Asian production facilities, in addition to systems that allow check-out clerks to quickly and easily deactivate tagged products. By having the tags integrated into it shoes, Reno aims to curb theft for both boxed products and those on display, as well as shoes customers try on in the stores. Reno has been using RFID technology to track product shipments from its factories to its stores for several years but has not yet used the technology to track individual products inside each store. The shoe company, based in Thaleischweiler-Froschen, Germany, operates more than 700 stores in 15 countries. It is a member of the Hamm-Reno-Group (HR Group), which has more than 1,700 outlets across Europe. Last year, Checkpoint Systems landed a deal with GermanÂ retail giant MetroÂ to supply RFID systems. The German retail giant, with more 2,300 supermarkets and wholesale, department and electronics stores, is collaborating with several IT companies, including IBM, Intel, and SAP, and more than 40 additional consumer goods and technology suppliers to develop RFID systems for the retail sector. RFID tagging is expected to be a main theme at this year's Cebit trade show, which begins March 15 in Hanover, Germany.
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Swedish-Finnish telecommunications operator TeliaSonera reported better-than-expected fourth quarter operating results and announced an ambitious cost-cutting plan to meet increased competition in the mobile phone sector.