MobileNews

Siemens' revenue growth continues in first quarter of fiscal 2012

In the first quarter of its new fiscal year 2012, Siemens achieved increased revenue and laid the cornerstone for future growth, despite the difficult economic environment. Thanks to a strong order backlog, revenue for the first quarter rose two percent compared to the same period a year earlier, while new orders declined five percent year-over-year.

Connected TV to Dominate Global TV Shipments by 2015

With forecasts exceeding 80% of units shipped by 2015, connected TVs are expected to lead the way in global TV shipments escalating from 27% in 2011, according to new research from Futuresource Consulting. On a regional level, Japan leads the way in the adoption of connected TVs, with 59% of shipments in 2011 integrating IP connectivity as standard.

Verizon and Motorola announce new Droids at CES 2012

From the 2012 International Consumer Electronics Show (CES), Verizon Wireless and Motorola Mobility, announced an expansion of the Droid RAZR family. In coming weeks, customers will see the Droid RAZR by Motorola in Purple and the Droid RAZR MAXX by Motorola. Both new Droids are powered by America's fastest, most reliable 4G network and build upon the successful Droid RAZR by Motorola.

China Telecom starts business in Europe, UK

China Telecom is to launch as an MVNO in the UK, targeting Chinese residents and visitors to the country. The firm will launch on UK market-leader Everything Everywhere’s network beginning this quarter, marking the first time a Chinese operator has launched MVNO services outside China. Financial terms were not disclosed.

Telecom industry grows to 2.7 trillion dollars in 2017

The global telecommunications industry continues to expand as spending by consumers and businesses for wireless services fuels industry revenue growth, says a new market analysis report from The Insight Research Corporation. According to the new industry market study, telecommunications services revenue on a worldwide basis will grow from $2.1 trillion in 2012 to $2.7 trillion in 2017 at a combined average growth rate of 5.3 percent.