ANALYSIS: TELCO VENDORS AND EQUIPMENT MANUFACTURERS CONSOLIDATE BUSINESS, CONCENTRATE ON SMARTPHONES IN THE FIRST HALF OF THE YEAR
August 1st, 2011
BY MJ DESCHAMPS
STIFF competition both domestically and abroad, paired with mature markets in western economies, explain lacklustre first half financial figures from mobile telecommunications manufacturers and from telecoms equipment vendors, analysts say.
Selected results for H1 2011 illustrate what happens when manufacturers fall behind in introducing competitive mobile phones. Nokia, the Finnish multinational, saw net revenue 1% lower year-on-year at EUR19 6 billion as revenue from mobile and smartphones fell sharply. Research in Motion (RIM), the ...
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