The Egyptian Zaki Rakib and the Lebanese Fares Nassar presented on Tuesday (06) the services of On Telecom, which will offer 4G internet in São Paulo state. Soros Fund Management will invest US$ 150 million.
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The telecommunications industry received R$ 5 billion (US$ 2.2 billion) in Brazil during quarter one this year, up 4.1% from quarter one 2012.
The Casablanca technology centre should promote development and maintenance of applications, as well as services for integration of systems in Africa.
Also, according to the International Telecommunication Union, Portuguese became the fifth most widely used language on the internet between 2000 and 2011.
‘Start-Up Brasil’ has 25 slots available for non-Brazilian technology companies interested in developing themselves in the country. Shortlisted enterprises will be eligible for up to US$ 596,000 in funds.
Telephone service company Thuraya has entered an agreement with Claro and Telefónica for its clients to use GSM network. The deal also allows Brazilians to use the Arab company’s network.
There were 56 mergers and acquisitions of companies in the area in Brazil last year. Over half the business was by foreign companies buying domestic ones.
Global foreign trade grew 4% in 2011, according to the Unctad. Developing countries in Asia, especially China, answered to most of this trade.
Produced by Brazilian developers, mobile phone applications Hand Talk and MyFunCity are among the finalists of the World Summit Award-Mobile Content, in Abu Dhabi.
Last year alone almost 20 million new mobile phone lines were sold.
Process devised by Santa Catarina-born engineer for refinery being built in Pernambuco attracted the attention of Saudis. The water used in pipe cleansing drops from 16 million to 400,000 litres.
There are 367.5 million mobile phone lines and a population of 360.7 million in the Arab world. Prepaid services prevail, according to a local research company.
Six technology, biology, and social science projects by students from Brazil have been selected for the Milset Expo-Sciences International 2013, in the United Arab Emirates.
Foreign sales grew by 5.6% in September, helping the industry reduce its trade deficit. Imports also slowed down as a result of weak domestic demand in Brazil.
