In Africa, use of mobile phones as a substitute for branch banking has clear upside for banks. In developed markets, the business case is much softer.
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Dave Schaeffer, CEO and chairman of Cogent Communications ( Nasdaq: CCOI ), isn’t afraid of scaling his business through a mix of acquisitions, but right now he’s not seeing deals that would add value to his company’s bottom line. Schaeffer Speaking at this week’s 40th Annual J.P. Morgan Global Technology, Media and Telecom Conference, Schaeffer said he agrees that consolidation of the competitive and incumbent service provider markets will continue. Operating in what he admits is a “sick” sector, Schaeffer said he believes there are a few factors driving industry consolidation. Some service providers go out and purchase other companies try to move up the value chain and offer more complex products as a way to augment revenue, while others see more rapid management changes, strategy, and policy
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Cogent’s Schaeffer: We have not found any acquisition opportunities that make sense
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Morgan Stanley analyst Katy Huberty argues that average annual U.S. household spending on Apple products is likely to double from $444 in 2011 to $888 in 2015 if the company enters the television
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By Sean Buckley and Samantha Bookman Chalk up a win for patent holders: A total of eight service providers, including Alcatel-Lucent USA ( NYSE: ALU ) and EarthLink ( Nasdaq: ELNK ), on Thursday entered into separate patent agreements with visual voicemail provider Klausner Technologies for its consumer and enterprise visual voicemail products, bringing an end to separate infringement lawsuits filed against them by Klausner in the U.S. District Court for the Eastern District of Texas. The other six providers settling yesterday were AireSpring, Bandwidth.com, J2 Global Communications ( Nasdaq: JCOM ), MetroPCS ( NYSE: PCS ), Nextiva and Samsung ( OTC: SSNLF.PK ). The company founded by Judah Klausner, who helped invent the PDA and electronic organizer, originally brought suit against 12 service providers, asserting infringement against some of the 25 patents it owns. Klausner has tangled with several big names in telecommunications over the years regarding patent infringement, including Apple ( Nasdaq: AAPL ) and AT&T ( NYSE: T ), a ComputerWorld article details
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Earthlink, Alcatel-Lucent among providers to settle voicemail patent suits with Klausner
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There’s one very good reason why all brands need to develop their online presence, make use of user product reviews and testimonies. By 2017, Millennials will be the single largest buying demographic in the United States.
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Beginning with the launch of the iPad just over two years ago, tablets have been transforming the way consumers and brands interact on websites, Adobe says, after analyzing
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Verizon ( NYSE: VZ ) plans to implement price increases for its FiOS service to offset content costs and increase profitability, a senior executive said this week. Shammo Speaking at the 40th Annual J.P. Morgan Global Technology, Media and Telecom Conference, Verizon CFO and EVP
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A boom in spending on consumer electronics will continue, with m ost living rooms having more computers than cushions,”
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