Thursday, 5 July 2012

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India's mobile handsets sales cross 50 mn in Jan-March
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india's mobile handsets sales crossed 50 million units in the Jan-March quarter, up 9.1% from the like period of the previous year, with Nokia retaining its leadership position with 23% market share, a study showed Tuesday. "The overall India mobile handsets market registered sales of
50.2 million units during January-March 2012," said CyberMedia Research India monthly mobile handsets market review for the quarter 2012.

"In the overall India mobile handsets market, Nokia retained leadership position with 23% share, followed by Samsung at second position with 14.1% and Micromax at third position with 5.8% in terms of sales (unit shipments)," it added.

The smartphone sales touched 2.7 million units during the period under review with Samsung emerging as the leader with 40.4% market share followed by Nokia and RIM with 25.5% and 12.3% shares respectively.

"As the India mobile handsets market grows in maturity, the needs of users are clearly seen to be converging around two major form factors -- high-power, high-speed smartphones vis-a-vis value-plus, content-enabled featurephones," said Anirban Banerjee, associate vice president, research and advisory services, CyberMedia Research.

"While most players are strong in a particular category, Samsung and others have been able to maintain a strong presence across the spectrum, driven mainly by innovation, quick time-to-market and a segmented approach," he added.

The study also said that shipments of multi-SIM handset category continued to rise, accounting for as much as 67.7% of total shipments during the quarter.

However, even more significantly, total shipments of 3G-enabled mobile handsets in the country touched 4.7 million units during the period. With this there was a decline of 7.8% against the previous quarter.

According to the study while smartphones made up 5.3% of units sold and almost a quarter of total handset revenues. Multi-SIM handsets accounted for two-thirds of total sales and 3G phone sales accounted for under 10% of total sales.


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We intend to apply to list the notes on the New York Stock Exchange. If the application is approved, we expect trading in the notes to begin within 30 days after the initial issuance of the notes.

Following completion of the offering, Qwest intends to use the net proceeds from this offering, together with available cash or additional borrowings from CenturyLink or its affiliates, to redeem all $484 million aggregate principal amount of Qwest's outstanding 7.50% Notes due 2023, at a redemption price of approximately 100.34% of the principal amount thereof plus accrued and unpaid interest to the redemption date, and to pay all related fees and expenses.

Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Securities, LLC are the joint book-running managers for this offering. Qwest is offering the notes pursuant to its existing shelf registration statement, which became automatically effective upon filing with the Securities and Exchange Commission. Qwest will file with the Securities and Exchange Commission a prospectus supplement and accompanying prospectus describing the terms of this offering. When available, copies of the prospectus supplement and accompanying prospectus for this offering may be obtained from: Merrill Lynch, Pierce, Fenner & Smith Incorporated at 800-294-1322, Morgan Stanley & Co. LLC at 866-718-1649, UBS Securities LLC at 877-827-6444 ext. 561-3884 or Wells Fargo Securities, LLC at 800-326-5897. This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, and this offering will not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About CenturyLink

CenturyLink is the third largest telecommunications company in the United States. The company provides broadband, voice, wireless and managed services to consumers and businesses across the country. It also offers advanced entertainment services under the CenturyLink(TM) Prism(TM) TV and DIRECTV brands. In addition, the company provides data, voice and managed services to enterprise, government and wholesale customers in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers. CenturyLink is recognized as a leader in the network services market by key technology industry analyst firms, and is a global leader in cloud infrastructure and hosted IT solutions for enterprises through Savvis, a CenturyLink company. CenturyLink's customers range from Fortune 500 companies in some of the country's largest cities to families living in rural America. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations.

Forward Looking Statements

This press release includes certain forward-looking statements, estimates and projections that are based on current expectations only, and are subject to a number of risks, uncertainties and assumptions, many of which are beyond the control of CenturyLink and Qwest. Actual events and results may differ materially from those anticipated, estimated or projected if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. Factors that could affect actual results include but are not limited to corporate developments that could preclude, impair or delay the above-described offering due to restrictions under the federal securities laws; changes in the terms or availability of CenturyLink's credit facility; changes in Qwest's credit ratings; changes in Qwest's cash requirements or financial position; changes in general market, economic, tax, regulatory or industry conditions that impact the ability or willingness of Qwest to consummate the above-described transactions on the terms described above or at all; Qwest's continued access to credit markets on favorable terms; and other risks referenced from time to time in CenturyLink's or Qwest's filings with the Securities and Exchange Commission. There can be no assurances that the above-described transactions will be consummated on the terms described above or at all. You should be aware that new factors may emerge from time to time and it is not possible for CenturyLink or Qwest to identify all such factors, nor can CenturyLink or Qwest predict the impact of each such factor on its plans, or the extent to which any one or more factors may cause actual results to differ from those reflected in any forward-looking statements. You are further cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Neither CenturyLink nor Qwest undertakes any obligation to update any of its forward-looking statements for any reason.


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Thorsten Heins, RIM’s CEO, made comments during the recent quarterly report that the 4G BlackBerry PlayBook would be released in the coming weeks. This was originally expected to launch last year but obviously things got in the way. Earlier this week a document surfaced online that showed the 3G/4G PlayBook to hit shelves sometime in Q4 – most likely it’ll be widely available at all carriers, including Bell, Rogers and TELUS.

This device has somewhat been a mystery, coming and going in various leaked images. Today, it’s arrived online once again. N4BB has had some hand-on time with the PlayBook 4G and states that it’s currently running OS 2.0.1.354 (PlayBook OS v2.0.1.358 was officially released in April) and takes a microSIM. No indication of OS 2.1, but that might come with the PlayBook upgrade in Q1/Q2 2013. As stated in previous posts, the 4G PlayBook is expected to come with a 1.5GHz processor and the report notes that the PlayBook is “a little snappier.” Sadly, BBM was MIA from these pictures and has not yet been included.



















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