AT&T will give Deutsche Telekom a break-up fee and benefits worth about $6 billion if regulators reject the proposed takeover of the German company's U.S. business, Deutsche Telekom said on Friday.
In March, when the $39 billion deal was disclosed, the companies said AT&T would pay the German group a record break-up fee of $3 billion, but they did not put a value on other parts of the agreement.
"$3 billion would flow directly in cash, but Deutsche Telekom would also receive spectrum and a national roaming agreement," a Deutsche Telekom spokesman said.
Science Applications International Corporation (SAIC) announced Monday that it has acquired the transmission and distribution (T&D) engineering capabilities of Patrick Energy Services (PES), a provider of performance-based transmission and distribution power system solutions. The acquisition will enhance SAIC's energy and smart grid services portfolio, adding additional T&D engineering services to the company's existing capabilities in a growing market.
Secure M2M product and service provider Numerex Corp Monday announced the opening of its London office and a collaboration with Arkessa Limited, to foster Numerex's advance in the European M2M market. In a separate press release, last week Numerex announced its participation in various M2M standardization activities around TIA 2011, the US Telecommunications Industry Association's annual industry event, which will take place at the Gaylord Texan Hotel and Convention Center in Dallas, Texas, May 17-20, 2011. In particular, Dr. Jeffrey O.
The new telit2market magazine, the international M2M magazine from Telit Wireless Solutions, is now available to download from www.telit.com/ebook. The line-up of featured experts in this year's edition ranges from political organizations like the European Commission and the Korean Communications Commission to telco giants like China Telecom, Deutsche Telekom or Sprint Nextel and global consultants like Beecham Research or Booz & Co. Topics include the entire spectrum of the M2M world: the latest technology trends, current market reports and a multitude of colorful case studies.
Telenor Connexion, M2M service provider, Monday announced the expansion of its executive team in North America to meet the growing demand for M2M services in the region.
As hospitals, physicians groups and other healthcare providers expand their use of smartphones and tablets, they have unique security and privacy requirements far beyond those of general enterprises. Two Southern California companies – Nukona of San Diego and Integer Wireless of Newport Beach, Calif. – Wednesday announced a relationship designed to help healthcare organizations meet those needs quickly and cost-effectively.
Nuvel announced last week that vSOS, its personal emergency response application for smart phones is now available for Apple iPhone users to download at the iPhone App Store. Featuring patent-pending technology, vSOS is designed to provide users ranging from school age children to the elderly with help for medical emergencies, personal safety and accidents with the push of a button. Through its partnership with GEOS Alliance, the vSOS application provides emergency response services in North America, South America, and Europe.
Open Systems Corp., a provider of Business and Operations Support Solutions (BOSS) for telecommunications and public service companies, has a new SmartFlex Mobile BOSS solution suite to support mobile and virtual operator management.
For these operators and their enablers, who do not own networks and need to reach agreements with existing companies to offer and distribute their services, SmartFlex can provide a preconfigured platform that is ready to operate and support MVNO and MVNE schemes, according to Open's press release.
The demand for high-speed wireless internet and data network access over a wide area has grown at a rapid pace. This growth has led to a proliferation of access points (base stations) and subscriber units, which are often mounted at the highest point possible to ensure the maximum communication range. Unfortunately, these mounting locations also increase the possibility of lightning-induced surges and provide a point for static charges to collect.
Microsoft will acquire Internet communications company Skype for $8.5 billion in cash, the companies announced Tuesday. Microsoft will buy Skype from the investor group led by Silver Lake under a definitive agreement that has been approved by the boards of directors of both Microsoft and Skype.