With financial reports starting to hit the wires, there's plenty of cash chat in the Asia/Pacific market just now, but there's also news of Long Term Evolution (LTE) in Singapore, a new apps store and an IPTV partnership in China, and a transport network rollout in Australia.
But other Indian firms are revealing their latest numbers, too, including services and software player Wipro Ltd. (NYSE: WIT). A few details from its report for the three months that end in December (fiscal Q3) caught our eye: 26.1 percent of its $1.13 billion revenues came from the Technology, Media and Telecom sector; and, the majority (57.1 percent) of its total revenues came from customers in the U.S., while only 8.9 percent was derived from its India and Middle East regional business. (See Wipro Reports Q3.)
The idea is to help boost the uptake of triple-play services and stimulate demand for IPTV, which has had a slow start in India, as Aksh's managing director K.S. Choudhari mentioned in this interview with Light Reading last year.
China's telecom services market grew more than 14 percent in 2009, to 2.57 trillion yuan renminbi (US$376.4 billion), according to the latest set of figures released by the Ministry of Industry and Information Technology (MIIT), reports ChinaTechNews.
The French carrier will also broadcast coverage of the Shanghai World Expo 2010, taking its content from BesTV. (See Orange, BesTV Team Up.)
In Singapore, MobileOne Ltd. (M1) (Singapore: MONE) is to trial LTE services with the help of Nokia Networks , and has set itself a target of reducing its carbon emissions by 35 percent within the next year or so by deploying the vendor's latest radio access network (RAN) gear. (See M1 Trials LTE With NSN.)