The proposal by Verizon Wireless to purchase unused spectrum from a group of US cable companies has secured enough votes to win the approval of the Federal Communications Commission, according to a story from Bloomberg.
According to the newswire, the agency’s two Republican commissioners have joined Democratic Chairman Julius Genachowski in approving the $3.6 billion deal. The agency has five members in total.
China Telecom has announced plans to buy 3G infrastructure from China Telecommunications Corporation, its state-run parent, while reporting an 8.3% fall in net profit for the first half of the year, to 8.8 billion yuan ($1.4 billion), compared with the same period in 2011.
The operator, which competes against bigger rivals China Mobile and China Unicom in the mobile-phone market, says it will spend approximately 84.6 billion yuan on CDMA infrastructure currently owned by China Telecommunications Corporation.
T-Mobile USA, the No. 4 U.S. mobile provider, will sell a new unlimited data service option to its customers for a monthly fee in a direct challenge to its bigger rival Sprint Nextel, the only other big U.S. provider selling unlimited services.
The offer may also help T-Mobile USA, a unit of Deutsche Telekom, stand out from the biggest U.S. operators Verizon Wireless and AT&T Inc, which have both set caps on their customers monthly data usage.
China's ZTE Corp, the world's fourth-biggest mobile vendor and fifth-ranked telecoms gear maker, reported first-half net profit slid by more than two thirds.
January-June net profit dropped to 244.88 million yuan ($38.5 million) from 769 million yuan a year earlier, but beat a forecast of 223.6 million yuan, according to seven analysts polled by Reuters.
Based on Reuters calculations, second-quarter profit slumped to 94.01 million yuan, compared to a forecast of 72.7 million yuan.
MetroPCS Communications Inc announced a promotional $55 4G LTE service plan that offers unlimited talk, text and data, after Verizon Wireless and AT&T launched plans targeting heavy data users.
The $55 price tag is for a single connection and families can get this offer for $50 per month on their second, third and fourth connections, the company said in a statement.
AT&T Inc in July announced a new type of family plan that would significantly raise its fees for data services, such as mobile Internet.
The U.S. government is looking into claims by a cyber security researcher that flaws in software for specialized networking equipment from Siemens could enable hackers to attack power plants and other critical systems.
Justin W. Clarke, an expert in securing industrial control systems, disclosed at a conference in Los Angeles on Friday that he had figured out a way to spy on traffic moving through networking equipment manufactured by Siemens' RuggedCom division.
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U.S. District Judge Robert Kelly in Philadelphia wrote that TruePosition Inc's allegations of an illegal conspiracy "are plausible when viewed in context and as a whole".
US Senator Bernie Sanders has joined with utility and environmental groups at a news conference in Vermont to laud the benefits of the smart grid being rolled out in the state.
Vermont received some $69 million in federal stimulus funds as part of the $4 billion national investment in smart grid technology. Supporters claim the upgrade to the analog electric system has already paid dividends in Vermont, helping to cut the outage response time in half after Tropical Storm Irene struck the state a year ago.
Denmark has revealed its intention to base its new national action plan for telemedicine on guidelines created by the Continua Health Alliance, a non-profit organization based in Oregon, USA that focuses on establishing industry standards for the interoperability of plug-and-play personal health devices.
A team of top hackers working for Intel Corp's security division toil away in a West Coast garage searching for electronic bugs that could make automobiles vulnerable to lethal computer viruses.
Intel's McAfee unit, which is best known for software that fights PC viruses, is one of a handful of firms that are looking to protect the dozens of tiny computers and electronic communications systems that are built into every modern car.