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Nevertheless, overall spending on mobile and fixed networks is expected to grow for a second consecutive year, as operators worldwide seek to improve coverage and add capacity to keep up with rising data traffic from video and smartphones. While construction of 4G networks is largely complete in the United States, Japan and Korea, the technology is just arriving in much of eastern Europe, Latin America and Africa. Investment in fixed networks is set to rise 7.7 percent to $10.33 billion, driven by fiber broadband rollouts, it said. "The 4G story is spreading after the first spurt of rollouts in the U.S., Japan and Korea is behind us," Deborah Kish, an analyst at Garner, said. more...


By Saqib Iqbal Ahmed NEW YORK (Reuters) - Yahoo Inc's shares are expected to move nearly twice as much as they have following other recent earnings reports when the company announces fourth-quarter results on Tuesday, options data showed. Yahoo is scheduled to report results after the close of market on Tuesday, and much of investors' focus will be on the company's plans for its 15 percent stake in Chinese e-commerce giant Alibaba Group Holding . Chief Executive Marissa Mayer has been facing pressure from investors to sell Yahoo's stake in Alibaba in a tax-efficient manner and return the money to shareholders. Yahoo's plans for avoiding tax on its Asian assets will have big implications for a post-earnings move in the company’s shares, analysts said. more...


(Reuters) - IBM dismissed on Monday a Forbes magazine report claiming the technology firm is preparing to cut about 26 percent of its workforce. A report last Thursday on Forbes' website by pseudonymous Silicon Valley technology gossip columnist Robert Cringely said IBM planned to lay off 26 percent of its global workforce, or as many as 112,000 employees. This equates to several thousand people, a small fraction of what's been reported." Last week, Chief Financial Officer Martin Schroeter told investors on IBM's fourth-quarter earnings conference call that the company was taking restructuring charges of around $580 million, but he did not specify the number of jobs affected. more...


(Reuters) - AT&T Inc said it would buy bankrupt NII Holdings Inc's wireless business in Mexico for $1.875 billion, less outstanding net debt. AT&T's shares were down about 1 percent at $33.06 in early trading on the New York stock exchange. AT&T plans to combine Nextel Mexico with Iusacell, which the company acquired in November for $1.7 billion. more...


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