Group items tagged

Six of the world's largest telecommunications companies have officially launched a non-profit organization dedicated to creating a common mobile Linux software platform. Founded by Motorola, NEC, NTT DoCoMo, Panasonic Mobile Communications, Samsung Electronics, and Vodafone, the LiMo Foundation is inviting membership and participation from application and middleware developers.Spread the word:digg this storyThe collaboration of giants now known as the LiMo Foundation was first announced in mid-June of last year. The group's goals and official name remained a mystery until today, while the sheer stature of the companies involved led to much speculation about their intentions.NTT DoCoMo is the world's largest telecommunications company, and indeed, one of the largest companies in the world. Motorola is the world's second-largest handset vendor, behind Nokia. Motorola, Panasonic, NEC, and Samsung may well rank first, second, third, and fourth in terms of the volume of Linux-based phones shipped to date. Thus, the LiMo Foundation could have the power to unify the Linux mobile phone market in a way that standards bodies -- and there are many working to standardize Linux for mobile phones -- can only dream of.The LiMo Foundation says it aims to create the "world's first globally competitive, Linux-based software platform for mobile devices." It aims to achieve this by defining:An API specificationAn architectureReferences to open source codeNew source code-based reference implementation components (to be developed and contributed by Foundation members)Specifications for referenced third party software

Verizon 4Q Profit Drops 38 Percent; Wireless Sales Up; Data ARPU Increases 63 Percent Posted by David Kaplan Mon 29 Jan 2007 08:58 PM PST Updated below, with details from conference call: Verizon (NYSE: VZ) on Monday reported a 38 percent drop in 4Q profit after divesting several businesses, but the telco added 2.3 million net wireless subscribers during the last three months of 2006. Including the 2.3 million net customers added, the company’s Verizon Wireless business saw its U.S. subscriber base reach 59.1 million, up 15 percent from the same time a year ago. Other highlights included: -- The telecommunications giant had net income of $1.03 billion, or 35 cents a share, for the quarter, down from $1.66 billion, or 59 cents a share, a year ago. -- Verizon’s broadband FTTP network—over which customers receive FiOS Internet and FiOS TV services—passed a total of more than 6 million premises by the end of 2006. -- Revenue in the latest quarter rose 26.1 percent to $22.6 billion. -- On the data side (which includes mobile content, among other things) revenues doubled over the previous year, contributing $4.5 billion in revenues in 2006.  In Q406, data revenues were 15.8 percent of all service revenues, up from 9.8 percent in Q505.  Data service ARPU in Q4 increased by 63 percent over the year-ago quarter.  The company had 34.3 million retail data customers in December—a 44 percent increase over Q405. -- Data made up $7.91 of total service ARPU, up substantially year over year, and $0.75 sequentially. -- About 35% of data revenue comes from business-focused applications. Revenues from its Internet access and e-mail products increased 120% year over year, and more than 50% of its data revenue growth comes from services other than messaging, primarily EVDO-based. -- During Q4, Verizon Wireless customers exchanged 17.7 billion text messages—which it says is a company and industry record (not sure why they claim that)—and 353 million picture/video messages.  Customers also completed more than 78 million downloads of games, ringtones, ringback tones and exclusive content.

 Like this report? See more from News Bulletins27-01 Titan Inds: Diamonds to drive margins  27-01 Man Inds' order book at Rs 1300 cr  27-01 Holcim eyeing 10-12% growth in India    Editor's Pick 25-01 Is this the end for STAR TV? 24-01 Mira Nair to direct 'Shantaram' 24-01 Get rich: Get, Set, Go-al 25-01 How Mr. Singh lost Rs 24 lakh 22-01 Woman, make money matters clear  Latest Stories 29-01 Aditya Birla Nuvo Q3 net profit at Rs 52.7cr 29-01 Dishman Pharma Q3 net at Rs 48 crore 29-01 Simplex Infra Q3 net profit at Rs 17.3cr 29-01 Accumulate Nagarjuna Construction: Emkay 29-01 IVRCL Q3 net profit at Rs 32.1cr International telecom players are dialing into the Indian long distance telephony market. With the entry of big names like AT&T, British Telecom and Verizon, the sector is set for an explosive growth. Domestic players may soon start feeling the heat.   Calling in on corporate India now are international telecom operators like Verizon, AT&T and British Telecom. They are all set to offer international long distance telecom services to their global clients with dedicated set-ups in India.   Industry watchers say this new competiton to existing players like VSNL, Bharti and Reliance will help improve quality of service. But this may not result