Deutsche Telekom AG and France Telecom-Orange announced yesterday they have agreed to combine their procurement activities of customer equipment, network equipment, service platforms and IT infrastructure in a 50/50 joint venture starting with four pilot-projects. For this purpose they signed a non-binding Term Sheet which will be the basis for final contracts yet to be negotiated.
Sprint today unveiled several progressive initiatives building on Sprint’s environmental work in the wireless industry, including upcoming availability of the Samsung Replenish from Samsung Telecommunications America (Samsung Mobile). Samsung Replenish, an Android touch QWERTY smartphone enabled with Sprint ID, will be available on May 8 for $49.99 with a two-year service agreement and new-line activation or eligible upgrade.
EXFO Inc. announced Monday the launch of EXFO Connect, a suite of cloud-based software applications designed to interoperate with EXFO's smart test platforms. EXFO Connect is intended to help network operators deal with the increasing complexity of network deployments and maintenance, while facing the growing pressure to accelerate and reduce the cost of such deployments.
Fujitsu today announced plans to work in collaboration with Virgin Media, TalkTalk and Cisco to deliver next generation internet services to 5 million homes in rural Britain.
The collaboration and subsequent Fujitsu build of a new super fast, fibre optic broadband network is alternative to BT Openreach (a division of the British telecommunications operator BT Group) and provides an opportunity for any community or local authority looking to access a proportion of the £530 million earmarked by the UK Government to drive investment in super fast broadband in rural communities.
Motorola Solutions Inc and China's Huawei Technologies Co have settled a legal dispute over trade secrets, clearing the way for Motorola to complete the sale of one of its business units to Nokia Siemens Networks.
The settlement puts to rest charges by Huawei that Motorola, one of its long-standing partners, could disclose a variety of its trade secrets in selling a networks business to rival Nokia Siemens Networks.
Motorola agreed to pay an unspecified transfer fee to Huawei as part of the settlement, it said on Wednesday.
Verizon Communications Inc. Monday closed its previously announced acquisition of Terremark Worldwide, Inc., growing Verizon's presence in the global managed IT infrastructure and cloud services market.
Terremark, which will continue to be based in Miami, will help fuel overall Verizon growth by accelerating the company's strategy to provide "everything-as-a-service" to business and government customers globally.
GE Capital’s Telecom, Media and Technology (TMT) financing business Monday announced that it has successfully completed 5 transactions totaling $591MM in financings in the first quarter of 2011.
“The first quarter for companies in our sector was active, in terms of both corporate financing and in financing private equity-backed companies," said Peter Foley, senior managing director of GE Capital, Telecom, Media and Technology.
SK Telecom announced that it will establish a cooperative relationship with China's biggest telecommunications company, China Mobile, in areas of mobile games and M2M.
SK Telecom signed a Memorandum of Understanding (MOU) with China Mobile Jiangsu on April 8 in Nanjing City, Jiangsu Province. The two companies agreed to jointly develop content and platforms in areas of mobile games and M2M (Machine-to-Machine). China Mobile Jiangsu is a branch of China Mobile that is responsible for the company's overall games business.
The European Smart Metering Industry Group (ESMIG), representing the leading companies in the area of smart metering, welcomed the European Commission's Communication on Smart Grids, but says that efforts in the area of smart grids have to be expedited if the EU is going to meet its 20-20-20 goals.
Microsoft Corp. and Toyota Motor Corp. last week announced that they have forged a strategic partnership and plan to build a global platform for TMC's next-generation telematics services using the Windows Azure platform. Telematics is the fusing of telecommunications and information technologies in vehicles; it can encompass GPS systems, energy management and other multimedia technologies.