Experts in the field of machine-to-machine (M2M) communications know that billions of intelligent devices connected on networks represent enormous opportunity, but also enormous risk. Many of these experts will gather in the M2M Zone at the CeBIT 2012 trade show in Hannover, Germany to discuss digital security for embedded devices, which will be the major theme for 350,000 attendees to the world's largest ICT event.
AT&T Inc (Dallas, Texas, U.S.A.) was dealt a blow on Tuesday as the top U.S. communications regulator sought to have its planned $39 billion purchase of T-Mobile USA (Bellevue, Wash., U.S.A.) sent to an administrative law judge for review. Federal Communications Commission (FCC) Chairman Julius Genachowski sent a draft order to his fellow commissioners, citing FCC staff findings that the deal would significantly diminish competition and lead to massive job losses.
The Consumer Electronics Association (CEA) on Wednesday launched a new smart grid committee to advance standardization of the Modular Communications Interface (MCI) specification. The new standard will help manufacturers, utilities, service providers and consumers as it leads to more smart grid-ready products, says CEA.
The GSMA, in partnership with Machina Research (London, England), last week announced that the growth of connected devices is booming in Asia Pacific, with the region expected to be the largest market by 2020 with over 11 billion total connected devices, and within that, almost 5.6 billion mobile connected devices, accounting for a 47% market share and far outstripping Europe (19.1%) and North America (9.4%).
GE Energy (Fairfield, Conn., U.S.A.) recently announced they were working to provide smart-grid-as-a-service to community-owned utility systems that traditionally did not invest in smart grid systems due to steep up-front costs.
The advanced water metering market, estimated at about 5.5 million global shipments in 2010, and anticipated to be roughly 10 million shipments annually in 2016, continues to increase its product share, particularly in North America, says a report by IMS Research (Wellingborough, England).
Shares of Clearwire Corp (Kirkland, Wash., U.S.A.) plunged as much as 31% after a Wall Street Journal report quoted its CEO as saying the company was considering skipping a $237 million interest payment due December 1.
Shares of the cash-strapped high-speed wireless firm dropped as low as $1.28 as investors worried that their fears about bankruptcy could be realized. The stock regained some ground to close at $1.47, down 20%, on the Nasdaq.
Clearwire said it "does not comment on speculation" and declined to discuss the story.
On Thursday, the U.S. House of Representative Intelligence Committee announced it was launching an investigation into the threat posed by Chinese-owned telecommunications companies working in the U.S., including Huawei (Shenzhen, P.R.C.) and ZTE (Shenzhen, P.R.C.).
The investigation comes after a ten month preliminary review of Chinese communications companies was conducted by the committee staff. The preliminary review suggested that there was a national security concern of “the highest priority” and that a more extensive investigation should be conducted.
Tension between Vodafone (London, England) and Verizon Communications (New York) over their joint venture in the United States has eased and the success of new partnerships could determine if that relationship goes any further.
Investors are losing patience with Alcatel-Lucent (Paris, France) Chief Executive Ben Verwaayen's performance and are pressing the ailing telecoms equipment maker to replace him, the Wall Street Journal reported on Friday.
Citing unnamed sources familiar with the matter, the newspaper said Alcatel-Lucent officials had informally approached potential outside successors to Verwaayen, though "no official outreach" had taken place.