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Nokia Drops Back in quarterly loss as revenue plunge

Nokia has announced its fourth quarter financial results , which is preparing to sell its mobile business , and announced that its revenue fell 21 percent to EUR3.48 billion ( U.S. $ 4.7 billion ) . The company recorded a net loss for the quarter of EUR25 million ( U.S. $ 33.9 million ), compared … Read more

Liberian Regulator Seeks Equipment to Monitor Telecoms Networks

Regulators Liberia, the LTA has confirmed that it does not have the equipment that they say is necessary to actively monitor the quality of telecommunications networks in the country. Heads of the regulator said in hearing politicians who lack the equipment was to allow some companies in terms of their traffic and to avoid paying … Read more

Telkom Kenya to seek Supreme Court ruling on Redundancy Payments

Telkom Kenya to appeal to the Supreme Court against a judgment below , which should make a payment of Sh3.2 billion euros ( 37 million dollars) for former employees . The problem stems from the different levels of redundancy pay offered to staff performing similar functions , which was justified by the company as being … Read more

BlackBerry to sell Canadian property portfolio

BlackBerry has announced plans to sell off most of its real estate holdings in Canada. In partnership with CBRE , BlackBerry has said it plans to ” give strategic mostly commercial real estate portfolio ” through a combination of sale – leaseback and asset sales vacancies. Properties to be offered for sale comprises over 3 … Read more

WhatsApp Claims 50 billion messages sent daily from network

OTT messaging service, WhatsApp says now has over 430 million active users each month, which it the world’s largest mobile messaging platform dedicated to do. DLD conference in Germany, CEO WhatsApp, Jan Koum also revealed that network now processes approximately 50 billion messages per day. He said that statistics messaging is split around 36 billion … Read more

Majority of Users of UK iPhone Blind to Apps Deeper than the Top 50

The Vast user of apple iPhone never gone inside more than first 50 applications in the iTunes store as reported by Surikate. There are 52.2 million on an average visits to Apple Store on every week and no more searching or finding becomes more important to user and so no more important for mobile app … Read more

Global Telecoms Revenue to Reach $2.2 Trillion in 2013

The global telecommunications industry was not immune to economic forces in 2012 that slowed growth from earlier predictions, according to a new market analysis report from Insight Research. Spending for wireline services contracted in 2012, while spending on wireless services grew modestly. ­According to the new industry market study, telecommunications services revenue worldwide will grow … Read more

AT&T Pays $1.9 Billion for Verizon Wireless Radio Spectrum

USA based AT&T has announced that it is paying US$1.9 billion in cash to buy blocks of radio spectrum from Verizon Wireless. AT&T has agreed to acquire spectrum in the 700 MHz B band from Verizon Wireless for $1.9 billion in cash and AWS spectrum licenses in several markets, including Phoenix, Ariz., Los Angeles and … Read more

Google Quarterly Revenues jumped by nearly a third to US$14 billion

Google has reported that its first-quarter revenues jumped by nearly a third to US$14 billion, while profits rose to US$3.35 billion, compared to US$2.89 billion a year ago. Google said that its revenues from outside of the United States totaled $7.1 billion, representing 55% of total Google revenues in the first quarter of 2013, compared … Read more