Globe Telecom’s mobile service revenues declined 4% to P53.3 billion ($1.15b) in 2009 vs. 2008. Globe said the drop was due to "intense competition,” “a weak consumer economy” and an “increasing preference of subscribers [to take]…value offers.” Consolidated service revenues fell from P62.9 billion to P62.4 billion, while net income was up 11% to P12.6 billion.
StarHub's fourth quarter net profit for 2009 dropped 15.1% year on year to S$74.2 million ($52.2m), with revenues rising by 2.5% to S$550 million. Higher handset subsidies due to the firm’s debut of the iPhone in December dragged the firm’s Q409 downwards.
ST Telemedia has refused to rule out making a bid for Malaysian cellco U-Mobile. A spokesperson told The Star that the firm is “constantly evaluating investment proposals.”
France Telecom has won the tender to manage the telecom networks of Ethiopian Telecom ahead of Indian operator BSNL, according toThe Economic Times.
The law to allow the formation of a Thai unified regulator could be enacted by the end of the year, a minister from the Prime Minister’s Office told The Nation.
Alcatel-Lucent has unveiled a new converged radio module, the MC-TRX, which is based on SDR technology and supports any mix of GSM, WCDMA/HSPA+ and LTE services simultaneously.
Shipments of wireless M2M modules for security applications in Europe will grow almost tenfold over the next four years, as more insurance companies insist customers install wireless trackers and alarms, says Berg Insight.