Archive for April, 2009
UK: report on the employment effects of UK economic stimulus of IT
April 29th, 2009 | 
Author: 
China: China Mobile has acquired 12% of Far EasTone (Taiwan) and entered into a strategic partnership
On completion of the deal, the two companies will begin a strategic alliance from which China Mobile hopes to use Far EasTone’s experience in rolling out 3G technology, applications, and value-added data services.
Taiwan is one of the world’s most mature 3G markets, and 3 million of Far EasTone’s 6.2 million subscribers are on the company’s 3G network. It was the first in Taiwan to launch 3.6-Mbit/s HSPA in October 2006, and it holds a WiMax license.
The companies also agreed to work together on procurement, roaming, data and value-added services, and network and technology advancement, including research and development on communication standards for future technical developments.
Posted in Communications | 
Tags: application, blog, blogs, Communications, Mobile, Network, research, Technology, world | 
Comments Closed
UK: economic stimulus for the IT sector could have multiplier for the whole economy
Barely 10 days after business secretary Peter Mandelson made all the right noises about ‘removing barriers’ in the hi-tech economy and securing ‘more high-value jobs’, the LSE has fleshed out those sentiments with hard figures.
An additional investment of £15bn in the UK’s IT infrastructure would create about 700,000 jobs, with smaller businesses accounting for more than half those posts, according to the joint LSE-Information Technology & Innovation Foundation report. The authors propose dividing that investment between broadband, intelligent transport and the smart power grid. They say productivity, competitiveness and quality of life would all improve.
Against a bleak economic backdrop, the calls for investment in IT are growing. In the same week that Lord Mandelson’s Department for Business, Enterprise & Regulatory Reform published its New industry, new jobs report on investing for an upturn, the National Endowment for Science, Technology and the Arts said the UK could lose out by up to £44bn per year if the government fails to invest in healthcare, green technology and digital media.
In America, part of president Barack Obama’s stimulus bill for the country’s economic regeneration involves investment in broadband and emerging technologies. On Wednesday, the European Commission adopted a preliminary draft EU budget for 2010 containing a further €2.4bn (£2.2bn) for broadband and energy infrastructure.
In the depths of recession, it is only right that the issue of technology investment has come to the fore. Technology helped drive the shift from post-war austerity to renewed affluence. The LSE report underlines that carefully targeted investment could again hasten a recovery and set up the country in readiness for better times.
But the LSE’s report is not only well timed, it also addresses exactly the sort of debate we should be having. The report demonstrates that technology is not just an end in itself, but a conduit to improvements in the economy and the way people live. Investments of the type described by the report’s authors could help the country reinvent itself.
Posted in Communications |
Tags: blog, blogs, budget, business, Health, information, information technology, Innovation, Investing, Technology |
Comments Closed
Oman: Friendi mobile service provider has launched
MENA: than one-third of industry managers had yet to notice any negative effects on their core business of recession
While the financial crisis is darkening the mood of business forecasters around the world, the telecommunications industry in the Middle East and Northern Africa (MENA) shows little inclination to be pessimistic, according to the results of a recent study from the consulting company Detecon International. More than one-third of the industry managers surveyed have yet to notice any negative effects on their core business.
Around 60 percent of the respondents in the survey do not expect any large-scale declines in demand among end customers and rule out the possibility of price wars in this segment as well. At the same time, the general economic environment is having fallout in the telecommunications industry when the question of saving money comes up. Exactly half of the respondents in the study, which was conducted in all of Europe and the MENA region, see ways to draw out long-term investments in some areas, an opportunity the companies want to exploit for the improvement of their own financial position.
The most unexpected fact of the study is the result that some 2/3 of the MENA quorum regard the lack of liquidity as a problem in their main operating market, and some 50 percent see capital expenditure (CAPEX) liquidity bottlenecks as a real threat to maintaining a course of growth. “The majority of the respondents, both in MENA and Europe, dismiss a price war threat,” says Carsten Schroeder, author of the study and Managing Partner Corporate Finance at Detecon. “So we believe that MENA carriers will evade really harsh negative impacts,” notes Schroeder. “The situation in the business customer segment displays stability, although the possibility that companies will reconsider or postpone larger investments cannot be excluded.”
-Ends-
The study, “Impact of the Financial Crisis on the European Telecommunications Industry”, is available for downloading free of charge at http://www.detecon.com/financialcrisis/en
Additional results of the special MENA survey are available for downloading free of charge at http://www.detecon.com/financialcrisis/mena
Posted in Communications |
Tags: blog, blogs, business, Cars, Communications, Environment, Finance, Free, money, world |
Comments Closed