TomTom (Amsterdam, Netherlands), a manufacturer of automotive navigation systems, on Monday announced the launch of a portable navigation device with a suite of travel applications including real-time traffic updates.
The connected TomTom GO LIVE 1535M device combines road and traffic information from TomTom HD Traffic with travel-related applications to give people information needed to navigate more efficiently, according to the company. The device will be available starting in October and will cost $249.
SK Telecom (Seoul, South Korea), the top mobile carrier in South Korea, said on Monday it beat rival KT Corp in an auction for the license for the 1.8 GHz spectrum band for $920 million, more than double the initial bid price.
The auction for the so-called "golden spectrum" for next generation Long Term Evolution (LTE) services was hotly contested by the two mobile operators struggling to grab a bigger share of the growing smartphone market.
On Wednesday Ericsson (Stockholm, Sweden) announced it had completed the asset purchase agreement to acquire Telenor Connexion's (Stockholm, Sweden) M2M technology platform, previously announced on April 19, 2011. The acquisition follows Ericsson's ambition to participate in the market for M2M communication, adding ten employees that are being transferred as part of the deal, says the company.
Ericsson's M2M service, the Device Connection Platform, offers telecom operators a way to set up M2M services for enterprise customers, according to Ericsson.
AT&T Inc (Dallas, Texas, U.S.A.) said on Wednesday that the U.S. Federal Communications Commission (FCC) has requested more information about its acquisition of T-Mobile in relation to its commitment to expand high-speed wireless services to 97% of all Americans.
"Requests from the FCC staff for additional information are to be expected given the detailed review they are undertaking," AT&T spokesman Michael Balmoris said.
On Wednesday, Steve Jobs resigned as Chief Executive of Apple Inc (Cupertino, Calif., U.S.A.) without specifying a reason. Tim Cook, the company's Chief Operating Officer, who has been standing in for Jobs during his medical leave, has been named the new CEO. Jobs will serve as Chairman.
Jobs has spent 14 years as CEO at Apple, a company he brought back from the brink of bankruptcy and turned into the world's largest technology corporation.
The telecom industry has undergone drastic changes over the last few decades, from a service only able to deliver voice capabilities, to a service where voice is one of a large number of features delivered across a network. These changes have accumulated to the point where another major change is imminent, a change to an all-IP (Internet Protocol) infrastructure. This change is already happening, but with TDM (Time Division Multiplexing) technology still being used for the majority of phone calls today, it may be further away than first anticipated.
On Tuesday, it was reported that Sprint Nextel (Overland Park, Kan., U.S.A.) would begin selling the next version of the Apple Inc (Cupertino Calif., U.S.A.) iPhone in mid-October, making it the third U.S. telecom provider to distribute the smartphone.
Last week, another major telecom provider reported talks with Apple over potentially selling the iPhone. China Mobile (Beijing, China) said it would like to start selling the iPhone soon to accelerate uptake of high-end 3G services as it reported first-half profit at the top end of expectations.
Telecommunications service provider Telecom Egypt (Cairo, Egypt), and equipment vendor Alcatel-Lucent (Paris, France), have announced that the TE-NORTH Cable System, provisioned with 40 Gigabit per second (40G) wavelengths across the Mediterranean, is in service. TE-NORTH is a long submarine telecommunications cable linking France and Egypt, and is the first Mediterranean cable network to provide commercial service using 40G technology.
On Wednesday, Orange Slovakia, a unit of France Telecom (Paris, France), appealed a $58.6 million fee imposed by the Slovak telecommunication regulator for a 10-year extension of its license.
Orange, the euro zone country's largest mobile and internet services provider by number of clients, said the fee was unfair.
"The reason is lack of transparency of the process, discriminatory approach and factual imperfections in methodology and calculation of the fee," says Peter Toth, corporate affairs manager for Orange Slovensko.
Sprint Nextel (Overland Park, Kan., U.S.A.) will start selling the next version of the Apple Inc (Cupertino, Calif., U.S.A.) iPhone in mid-October, according to a report in the Wall Street Journal that cited unnamed sources.
This would make Sprint the third U.S. operator to become a cellphone distributor for Apple. AT&T Inc and Verizon Wireless already sell the iPhone 4.