Vodafone Group Plc won a $2.2 billion legal battle against India's tax office in a Supreme Court ruling that analysts said would encourage foreign investment and clear the way for the company's planned initial public offering in India.
India's reputation as an investment destination has taken a hit over the past year as the economy slowed, government reforms stalled and corruption scandals - notably in the telecoms industry - heightened concerns about government policies.
France Telecom hopes to finalize a deal to sell its 35% stake in Orange Austria to Hutchison 3G in the coming days or weeks, according to a person familiar with the matter.
On Thursday, Sprint announced agreements with four smart grid companies who will offer Sprint wireless network connectivity in support of their automated products and services. Sprint signed agreements with Itron, Inc, Lanner Electronics, Inc., Power Insight and Silver Spring Networks.
Landis+Gyr, a smart meter provider, on Thursday announced the launch of their Series V next generation Gridstream smart grid technology aimed at providing utilities an upgradeable platform capable of adapting to future applications and communication protocols - all without stranding existing assets.
M2M research firm Machina Research on Wednesday revealed the results of its 2012 M2M Benchmarking Study, which found that Vodafone was the communications service provider (CSP) best placed to take advantage of the machine-to-machine communication market in the future. According the firms earlier research, there will be 12 million connected devices by 2020, generating revenue of $919 billion.
Telit Wireless Solutions, the U.S.-based mobile technology arm of Telit Communications, on Wednesday announced the completion of its first “smart farm” system in South Korea. The technology allows farmers to monitor and control cold climate greenhouses remotely via their smartphone, which allows for a reduction in labor, water and energy, according to Telit Wireless.
Major Standards Development Organizations (SDO) have recognized that M2M services often rely upon communications networks for connectivity between the myriad of devices in the field and the M2M application servers, and have identified the need for a common cost-efficient, widely available M2M Service Layer, which can be readily embedded within various hardware and software.
Research In Motion is not on Samsung Electronics Co's immediate shopping list, but the ailing Blackberry maker may still be attractive to Asian smartphone makers looking to compete against Google's Android, the world's fastest growing mobile platform.
Telecom operators globally are expected to cut spending on their networks this year, hitting equipment makers that were only just beginning to recover from intense price wars and the last economic downturn. Even optimistic observers see only slight growth of between 3 and 4% in the market for telecom network equipment overall, and most expect a steep fall in mobile investments.
On Friday, a group of government agencies with portfolios in GPS and related technologies announced that it had halted testing of LightSquared’s proposed network after it found that “plans for its proposed mobile network would cause harmful interference to many GPS receivers.”