Friday, July 1, 2005|
Venture Capital Business is a Dud. VC business sucks for all but the best funds? [del.icio.us/nivi] 2:18:17 PM  comment
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Motorola: Fresh Opportunity in Japan. Reuters via Yahoo, 1 July 2005 Motorola Inc.'s new phone for business users in Japan is just a start for the world's second-largest mobile phone maker as it re-enters the demanding Japanese market, an executive said on Thursday. Michael Tatelman, Motorola vice president and general manager of mobile devices in North Asia, said it has the right combination of technology and design capability to meet Japanese users' needs as they upgrade to a third-generation network based on a global standard. [Wireless Watch Japan] 2:17:52 PM comment
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NEC Announces First 3G Phone for i-mode Operator Outside Japan.  WWJ Editors, 1 July 2005 NEC Corporation today announced that it has developed its first i-mode 3G terminal "N600i" for an operator outside Japan and has commenced delivery of the terminal for COSMOTE, the largest mobile operator in Greece. COSMOTE, celebrating i-mode's first year in the Greek market, is the first i-mode operator in the world, after NTT DoCoMo in Japan, to introduce the 3rd Generation i-mode, next generation innovative mobile Internet services. The new terminal is the first 3G (W-CDMA) and GSM/GPRS-capable i-mode terminal outside Japan. With i-mode, COSMOTE made a significant breakthrough in the area of advanced data services. The company's priorities for the coming years include the development and expansion of data services in Greece and the markets in which the company operates in South-Eastern Europe, the increase of their participation in the company's total revenues, the reinforcement of its customers' loyalty and the maintenance of its leading position in the market. [Wireless Watch Japan] 2:17:37 PM comment
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India's Mobile Subs Growth To Fall Short Of Target. Business Standard: The story says Indiaâo[dot accent]s mobile user base may fall short of the target by year end. The Telecom Regulatory Authority of India (Trai) in March 2003 had set a target of 70 million mobile subscribers by March 2005 and 100 million by December 2005. With just six months to go, telecom service operators say it will be a miracle if the number manages to touch 70 million -- 30 per cent short of the target. In May 2005, the country's total mobile subscriber base (GSM, CDMA and WLL) was close to 56 million. "This is not exactly a slowdown âo[per thou] we are still adding over 1.5 million subscribers a month. One must seek answers from the operators," Trai Chairman Pradip Baijal said. The Cellular Operators Association of India, the body representing all GSM players, had set an internal target of 80 million subscribers by the year end. "This required an addition of 2.75 million new subscribers (both GSM and CDMA) a month. However, India has been averaging just about 1.5 million new subscribers per month. At current rates, we are likely to finish with 65-70 million subscribers by December," said COAI Director-General T V Ramachandran. [ContentSutra] 2:16:56 PM comment
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Mobile Phone Makers Target India And China For Future Growth. Electronic News: Global mobile phone companies are targeting India and China for growth since the developed nations have already saturated. Mobile phone production in Q1 was 173 million units, down 13 percent from 200 million units in Q4 2004, but up 2.4 percent compared to the 169.5 million units in Q1 2004, the El Segundo, Calif.-based research firm iSuppli Corp said. After rising 25 percent in 2004, mobile-phone unit production growth will taper off this year as production rises to 750 million units for the year, up about 5 percent from 713 million units in 2004, iSuppli predicted. Given that mobile phone production growth is driven by purchases by new subscribers and by buying of replacement handsets, combined with the fact that some regions of the world are becoming saturated, developing nations such as China and India are expected to continue to see strong subscriber growth, the firm noted.
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Anil Ambani's Reliance Capital Acquires Adlabs, To Synergize With Reliance Infocomm's Digital Content Distribution. Business Standard: Anil D Ambaniâo[dot accent]s Reliance Capital (RCL) said it would acquire a 51 per cent stake in Adlabs Films Ltd, a film processing laboratory, for around Rs 350 crore ($83 million). It will make an open offer for another 20 per cent of the company at Rs 183 per share ($4.3). The total cost of up to 71 per cent acquisition, made through subsidiary Reliance Land Pvt Ltd, can be around Rs 500 crore ($119 million). RCL now holds 5.84 per cent in Adlabs. The acquisition would be done in two stages. It is first buying out 31.51 per cent stake from Vasanji A Manania, one of the promoters of Adlabs, at Rs 100 crore ($23 million). Another Rs 250 crore ($59 million) will be invested through a preferential offer, said a Reliance Capital executive. Adlabs also owns 24 screens, 17 of them in Mumbai only. The acquisition of Adlabs is relevant since Reliance Infocomm is to roll out its broadband initiative in the next 12-24 months in the country and was looking for partners for digital distribution of the content. Under the initiative, Reliance would roll out a whole range of entertainment options. [ContentSutra] 2:13:37 PM comment
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Kids blow $1bn on mobiles. Diddle-ee [The Register] 2:11:45 PM comment
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NY Times: The Awkward Smart Phone Grows Up. In the latest exciting installment, PalmOne has bought back the name Palm from the struggling PalmSource, whose future is in doubt. By year's end, PalmOne will once again be called Palm, making you wonder if the whole thing was a nine-year-long dream. [Tomalak's Realm] 2:11:07 PM comment
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Sprint and Motorola Plan a Joint Effort on Wireless Technology. Sprint and Motorola said they would work together to develop technology for next-generation high-speed wireless technology. By KEN BELSON. [NYT > Technology] 2:10:45 PM comment
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Interoperability and self-generated content keys to 3G revenue growth. Bob Fuller, CEO of 3 UK, believes that self-generated content will be a major source of usage. "Customers are realising that they have in their hands a piece of technology that contains far more possibilities than any of us in this room ever dreamed of." [i-mode Business Strategy] 2:09:27 PM comment
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Oracle cuts merger-cost estimates. In SEC filing, Oracle said it will spend less than originally expected on merging its operations with those of PeopleSoft. [CNET News.com] 2:08:25 PM comment
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© Copyright
2005
Omar Javaid
.
Last update: 8/4/05; 1:39:57 AM .
Last update: 8/4/05; 1:39:57 AM .
