Financial and Business
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Nokia updates its 4Q 2008 outlook and gives preliminary outlook for 2009
Nokia has today commented on market conditions impacting its business as well as updated its fourth quarter 2008 outlook. It also gave a preliminary outlook for the full year 2009.
Vodafone KPIs show data is crucial
Voice revenues and ARPU sliding: can data come to the rescue?
No doubt you’ll have seen the Vodafone results by now. In case you haven’t, the headline news is that Vodafone has said that its five prong strategy, formed
Handset sales stay up despite crunch
ABI has said in a note that the global economic crisis did not appear to unduly affect sales of mobile devices in the third quarter of 2008.
Telia Sonera says unaffected by crisis so far
Mobile services and sales in Eurasia were the chief drivers for third quarter sales of Telia Sonera. The operator has reported that net sales for the quarter increased 4.1 percent on hte previous year to SEK 25,817 million.
Turkcell outlines 3G expectations
License bid process will mean no rollout till mid 2009
Turkcell will not start investment in its 3G network until it has gone fully through the license approvals process, according to Koray Öztürkler, the Turkish operator’s Chief Corporate Affairs Officer.
With the tender process now scheduled to begin on 28th November, and a judicial approvals process that can take up to 90 days, that means that investment in the network will not
Russian operators well placed despite credit crunch
Analysts at Credit Suisse have said that Russian operators MTS and Vimpelcom will catch a little pain from the global liquidity crisis and expected economic slowdown, but are both in a good position to continue growing.
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Kineto Wireless receives funding for FMC solutions
Kineto Wireless, specialist and supplier of FMC solutions for mobile operators, announced today that it has raised an additional $15.5 million in funding, including a strategic investment from Motorola as part of a broader commercial relationship with theMobility tech firm Dexterra secures 21.5 million USD funding round
Dexterra, a provider of software to automate and manage mobile workforces, has today announced the close of 21.5 million USD in funding. New Enterprise Associates led the round with additional investment from the company's existing investors Canaan Partners,