Ericsson (Stockholm, Sweden), a vendor of telecommunications technology and service, Tuesday announced that it has reached an agreement with Providence Equity Partners, LLC and Warburg Pincus to acquire 100 % of the shares of Telcordia (Piscataway, N.J.), a company that develops mobile, broadband and enterprise communications software and services, for $1.15 billion. Closing is anticipated in Q4 2011 with full effect in Q1 2012.
This will be Ericsson’s second major acquisition in recent months, having just recently acquired the M2M service platform of Telenor Connexion in April.
SK Telecom (Seoul, South Korea), a mobile operator in Korea, will soon increase its network capacity by four times with 40 gigabits per second (40G) transmission, and prepare its network for transition to 100G capacity in the future. The operator has selected Nokia Siemens Networks’ (Espoo, Finland) 100G-ready optical network equipment for its capacity expansion. The system uses dense wavelength division multiplexing (DWDM), where a number of different wavelengths of light transport data down the same optical fiber, each carrying information at 40G.
Huawei (Shenzhen, P.R.C), a network and telecommunications equipment provider, on Thursday announced that the Huawei MC323 and the EM660 have been certified on the Verizon Wireless (Basking Ridge, N.J.) network. According to Verizon, the MC323 and EM660 will provide machine-to-machine (M2M) and other embedded device OEMs and CE device manufacturers with cost-effective modules that enable manufacturers to develop solutions that will operate on its network.
The Obama Administration on Monday announced a number of new initiatives designed to accelerate the modernization of the Nation’s electric infrastructure, bolster electric-grid innovation, and advance a clean energy economy.
Ciena Corporation (Linthicum, Md.), a supplier of telecommunications networking equipment, on Monday announced the evolution of its packet-optical portfolio designed to enable intelligent infrastructures using advanced silicon, software and switching technologies. Ciena also announced its OneControl Unified Management System, a component of its software portfolio that unifies visibility and control of wavelength, OTN and packet services from edge access through the network core.
With its final report deadline with the U.S. Global Position System Industry Council (USGIC) fast approaching, and rumored talks with both Sprint and AT&T ongoing, LightSquared’s (Reston, Va.) plans of a 4G-LTE nationwide wireless broadband service could sink or swim in the upcoming months.
Last Thursday Verizon Wireless (Basking Ridge, N.J.) and Blueforce Development Corporation (Salem, Mass.) announced a partnership to deliver information mobility and advanced situational awareness for human-to-human and Machine-to-Machine (M2M) interactions using Verizon Wireless’ network and services.
“The nature of national security is changing. Now its small units striking at the same time who wish to do harm,” said Mike Helfrich, CEO of Blueforce Development. “It’s about mobility.”
Global automakers including General Motors (Detroit, Mich.), Volkswagen (Wolfsburg, Germany) and Audi (Ingolstadt, Germany) are all working to develop wireless in-vehicle charging, a technology that allows motorists to recharge the batteries of their mobile devices while on the road, new research from IHS iSuppli, a technology research firm, indicates.
ZTE Corporation (ShenZhen, P.R.C), a global provider of telecommunications equipment, announced it will supply GPON fiber to the home (FTTH) equipment for BelTelecom’s (Minsk, Belarus) national broadband network project in Belarus.
AT&T (Dallas, Texas) announced Wednesday it has become the first foreign telecom operator to secure a Multimedia Services Operator (MSO) license in Indonesia.
Indonesia Government's policy permits up to 95% foreign ownership for communications services in the country. AT&T owns 95% of the joint venture.