MACH, a provider of cloud-based managed communication services, recently announced the launch of its M2M Revenue Protection Solution, which is designed to help M2M (Machine-to-Machine) service providers reduce losses from fraud and malicious activity on their networks, including SIM cloning, call selling, and Denial of Service attacks, while reducing losses caused by human error.
Itron, Inc. recently announced that it has signed an agreement to acquire privately held SmartSynch, Inc., a developer of cellular-based smart grid services for the utility industry, in a transaction valued at $100 million.
Jasper Wireless, a provider of connected devices platforms for machine-to-machine (M2M) and consumer electronics, and Optimus, a Portuguese mobile network operator, on Wednesday announced an agreement to wirelessly connect machine-to-machine (M2M) and consumer electronics devices across Portugal.
This week, Chinese telecom equipment makers Huawei and ZTE both announced separate extensions to partnerships in the U.S.
Huawei (Shenzhen, P.R.C.) announced that it will grant contracts totaling $6 billion to Qualcomm, Broadcom and Avago (San Jose, Calif., USA), three California-based communications technology companies which Huawei has worked with in the past.
LightSquared Inc., the wireless company backed by hedge fund manager Philip Falcone, said on Tuesday it plans to lay off nearly half of its employees to save money.
LightSquared (Reston, Va., USA) said it will cut 45% of its 330-employee workforce and called the planned move a "prudent and necessary cost savings measure to ensure the long-term success of the company."
On Monday, LightSquared failed to pay $56 million it owed to a British satellite partner Inmarsat.
Apple Inc. has signed a deal with China Telecom to sell its iPhone in China as it looks to boost its share in one of the world's biggest mobile phone market. China Telecom plans to offer the iPhone starting next month.
While Apple (Cupertino, Calif., USA) has now signed up with two of China's big three carriers, the largest, China Mobile Ltd (Beijing, P.R.C.), with more than 600 million subscribers, doesn't yet have compatible technology.
Swedish telecoms gear maker Ericsson is to buy privately-held WiFi technology firm BelAir Networks as part of its plan to boost its mobile broadband offering. Demand for wireless connectivity has boomed in the last couple of years with the proliferation of mobile devices, such as smartphones and tablets.
BelAir (Ontario, Canada), which produces indoor and outdoor WiFi systems for telecoms operators that allow people to surf the Internet without a physical coupling to a network, has 120 staff.
On Friday, market research firm Infonetics Research released a new report stating that spending on optical gear grew 8% globally in the fourth quarter of 2011 (4Q11) over the previous quarter.
Shares of wireless service provider Clearwire Corp rose 5% on Wednesday following a U.S. government decision to block start-up LightSquared from building a rival wireless network.
Late on Tuesday, regulators said there was no solution to interference problems the LightSquared (Reston, Va., USA) network would have caused with critical services that rely on the Global Positioning System (GPS), including aviation.
The latest European FTTH market panorama for the full year 2011 was presented on Wednesday during a press conference at the FTTH Conference in Munich, Germany. Since the previous edition in June 2011, Europe has added more than 600,000 new FTTH subscribers. FTTH/B roll-out has progressed at an annual rate of 41% in 2011, with more than 5.1 million FTTH/B subscribers and nearly 28 million homes passed at the end of 2011, says the FTTH Council Europe.