Telecom Italia has started the process of unifying its fixed, mobile and Internet offers under one commercial brand: TIM.
America Movil's ongoing movement into Brazil's telecom market continued to pay off in Q4 with the country contributing fully 46 percent of the carrier's total worldwide fixed line revenue generating units (RGUs).
América Móvil's U.S. MVNO, TracFone Wireless, posted weaker subscriber growth in the fourth quarter than it did in the year-ago period. The parent company, an international telecoms giant, also acknowledged the obvious: it is facing more competition in its core market of Mexico from AT&T and Telefónica.
Telekom Austria swung to a net loss and reported a 4 per cent decline in revenue for 2014, but the operator also said it saw a stabilisation of earnings over the year and expects to see a return to revenue growth in 2015.
AT&T CEO Randall Stephenson told investors about as clearly as he could that the carrier is not going to snap up assets that América Móvil is going to divest, and will instead focus on growing its business in Mexico via its acquisitions of Iusacell and NII Holdings' Nextel Mexico businesses.
AT&T is getting lots of wireless spectrum in Mexico on the cheap by buying bankrupt NII Holdings' Mexican wireless assets, according to financial analysts. And AT&T might not stop there and could look to bulk up its position in Mexico by acquiring assets that former partner América Móvil is going to divest, according to the analysts and other industry sources.
AT&T said it will acquire the Mexican wireless assets of bankrupt NII Holdings for $1.875 billion, less outstanding net debt. The deal marks AT&T's latest expansion south of the U.S border following its $2.5 billion purchase of Mexican carrier Iusacell, which closed earlier this month.
AT&T officially closed its $2.5 billion purchase of No. 3 Mexican carrier Iusacell from Grupo Salinas. AT&T named company veteran F. Thaddeus Arroyo as CEO of Iusacell following the close of the deal.
How did the wireless industry perform in the fourth quarter of 2014? Check here throughout the fourth-quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.
América Móvil has taken another step to make itself more amenable to Mexico's telecom regulators by moving to sell off its Sercotel holding company, reports Reuters, citing an announcement in Mexico's daily gazette.