Day: August 28, 2015

Turkey’s 4G tender outstrips predictions with bids of $4.5 billion


Turkey’s auction of 4G mobile phone frequencies lured a higher than expected 3.96 billion euros ($4.5 billion) worth of bids, the agency running the process said on Wednesday, showing the appeal of Turkey’s youthful and growing market.

http://www.reuters.com/article/2015/08/26/us-turkey-telecoms-idUSKCN0QV1XI20150826

Apple fast closing in on wearable device maker Fitbit: IDC


Customers look at Apple Watches inside the Apple store on 5th Avenue in the Manhattan borough of New York City  Apple Inc, which launched the Apple Watch in June, is within striking distance of leader Fitbit Inc in the wearable devices market, market research firm IDC said.

Apple shipped 3.6 million Apple Watches in the second quarter of 2015, just behind Fitbit’s 4.4 million wearable fitness and health trackers, IDC said.

The Apple Watch, which sports many health-related features and apps, is seen as the biggest rival to Fitbit’s trackers.

http://www.reuters.com/article/2015/08/27/us-apple-fitbit-wearables-idUSKCN0QW1OA20150827

Shipments of wearable devices more than tripled to 18.1 million units in the second quarter, IDC said.

http://www.reuters.com/article/2015/08/27/us-apple-fitbit-wearables-idUSKCN0QW1OA20150827