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Global Mobile Ecosystem Nokia Growth Partners (NGP), a global venture firm, today announced the launch of its third fund with a further US$250 million long term commitment from Nokia. Nokia Growth Partners will continue to invest in high potential businesses within the mobile ecosystem in the U.S., Europe and Asia. NGP also announced its expanded

  ­Nokia has released its fourth-quarter and full year financial reports – and announced that for the fourth-quarter of the year, revenues fell by 20% to EUR8.04 billion (US$10.7 billion), and net profits jumped to EUR255 million (US$340 million) compared to a loss of EUR1.08 billion a year ago. For the full year, sales were

­Fitch Ratings says that India-based Bharti Airtel’s financial profile could improve in the year ending March 2014 (FY14), aided by manageable spectrum payments and the likely return of pricing power. This is despite the persistence of regulatory uncertainty over the final auction price of the 900MHz spectrum in March 2013. Fitch believes that Bharti’s effort

­Worldwide mobile advertising revenue is forecast to reach $11.4 billion in 2013, up from $9.6 billion in 2012, according to Gartner. Worldwide revenue will reach $24.5 billion in 2016 with mobile advertising revenue creating new opportunities for app developers, ad networks, mobile platform providers, specialty agencies and even communications service providers in certain regions. “The

The global telecommunications industry was not immune to economic forces in 2012 that slowed growth from earlier predictions, according to a new market analysis report from Insight Research. Spending for wireline services contracted in 2012, while spending on wireless services grew modestly. ­According to the new industry market study, telecommunications services revenue worldwide will grow

  Yousef Abu Mutawe, CTO, Zain, Jordan will deliver the opening keynote on Day Two of the Broadband MEA Conference, taking place in March 2013 in Dubai, UAE. Ahead of the show, Mutawe talks about Zain’s activities in 2012 and challenges of 2013. Major Developments in Broadband Industry for Zain in 2012 In the past