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Ericsson’s plan to cut its costs further could affect approximately 25,000 jobs, according to Sweden newspaper Svenska Dagbladet’s sources. An article on its website said it will be overseas staff that are hit by the reductions. The newspaper said Ericsson had declined to give it any comment on its plans, according Telecompaper. Last week, the company... -
Apple has compiled a budget of around USD 1 billion to acquire and produce original video content, people familiar with the matter told the Wall Street Journal, according Telecompaper. This could result in as many as 10 TV shows, which would be available on iTunes or a new dedicated video streaming service, the report said. The figure of USD 1 billion is... -
The value of the Russian IT market, calculated in US dollars, is expected to grow by between 10 and 20 percent to between USD 18.5 billion to USD 20.5 billion this year, reports Comnews.ru citing a study from Russoft. The market declined from 2013-2016, according Telecompaper. There were declines of 16 percent in 2014 and 39 percent in 2015, then a... -
Telefonica is considering launching an OTT video streaming service outside its home market in Europe, in order to monetize its growing audiovisual production, El Pais reports, according Telecompaper. At the moment the programmes are only available over its Movistar+ service in Spain, but this could be expanded to other European countries such as Germany... -
Romania's Netopia mobilePay said its online and mobile transactions rose 56 percent year-on-year in the first half of 2017 to over 4.7 million. The value of transactions increased 60 percent to around EUR 140 million, according Telecompaer. Netopia claims to be the largest electronic payments processor in Romania. It handled 2.6 million online card... -
China Mobile posted operating revenue of CNY 388.9 billion for the first six months of 2017, which represents an increase of 5 percent from the year-earlier period. Revenue from telecommunications services amounted to CNY 348 billion in the first half, up by 6.9 percent year-on-year, according Telecompaper. Revenue from wireless data traffic reaching CNY... -
Orange Romania is promoting 4G/LTE network by launching an interactive AR mobile app called 4G MegaHunt which offers bonuses and vouchers, according Telecompaper. With the app, end-users from Romanians localities will be able to explore the map of their surroundings and hunt for interactive prizes. The campaign takes place between 7 and 31 August. The app'... -
Romania's average download speed over fixed internet connections rose to 109 Mbps countrywide from 75.07 Mbps a year ago in the first half, according to statistics on the quality of the internet access service in Romania generated by telecommunications authority Ancom’s application for measuring the internet service quality, Netograf.ro, according... -
The global smartphone market contracted 1.3 percent year-on-year in the second quarter to 341.6 million units, as many smaller players saw a drop in shipments, according to latest figures from IDC. The figures contrast with an earlier report from Strategy Analytics that estimated the market grew 5.5 percent in Q2, according Telecompaper. IDC concurred that... -
Apple reported improved sales growth in its fiscal third quarter to June, with revenue up 7 percent to USD 45.41 billion, at the top of its forecast range. Growth in iPhone revenues accelerated to 3 percent to USD 24.85 billion, compared to only 1 percent annual growth in the previous quarter, according Telecompaper. Unit shipments of the iPhone reached 41...
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