Bulgarian Energy Holding EAD and Toshiba Corporation (Tokyo) today signed a Memorandum of Understanding, under which they will discuss further cooperation in the field of energy and energy efficiency. The potential future relationship between the parties includes closer cooperation in energy generation, including thermal power, hydro power, nuclear power and solar photovoltaic power, and increasing the efficiency of power transmission and distribution through the development of smart grids.
Iridium Communications Inc. (McLean, VA, USA) has signed agreements with five new partners to market Iridium-based solutions for the mobile machine-to-machine sector. The company hopes these new partnerships will open up numerous customer opportunities.
Iridium--formerly "Iridium Satellite LLC"--operates a network of 66 active orbiting satellites used for worldwide voice and data communication from handsets and other transceivers.
Sierra Wireless (Richmond, British Columbia, Canada) today introduced two new broadband products in its AirPrime SL Series of wireless embedded modules: the AirPrime SL809x for HSPA+ networks, and the AirPrime SL501x for EV-DO Rev A networks. The new modules bring additional choices of network technologies to the SL Series, which currently includes the SL808x HSDPA module as well as the SL6087 EDGE module, winner of the GSM Association's "Best 2G module" award.
Microsat Systems Canada Inc. (MSCI), a Canadian satellite manufacturer, has announced an ambitious plan called "COMMStellation," a polar communications "constellation" comprised of 78 microsatellites that will orbit the Earth at 1,000 km, providing backhaul capacity while connecting remote regions to the Internet.
Mastercard (Harrison, NY, USA) has poached Mung-Ki Woo, the former head of mobile and contactless payments at Orange (Arcueil, France), one of Europe’s largest operators. Woo will head up MasterCard’s mobile payment and m-commerce business, a recently formed unit.
The move strongly suggests MasterCards plans to increase its mobile payments efforts, a currently wide open market with many potential competitors looming. Not the least of which being Visa, who hired Bill Gajda, former chief commercial officer of the GSM Association, for a similar position.
Following last week’s announcement that Hyundai will be entering the telematics race, Sprint (Overland Park, KS, USA) CEO Dan Hesse has announced his company will provide the network infrastructure to support this and other connected vehicle applications.
During remarks at the 2011 Detroit Economic Club, Hesse unveiled the company’s “M2M Connected Transportation initiative.” “We want to provide connected transportation to trucks, buses, subways, taxis, planes, police cars and ambulances so that they can be instantly linked through voice, data and images,” said Hesse.
Saudi Arabia's Integrated Telecom Co. (Dammam, Saudi Arabia) has signed a 4 billion riyals ($1.1 billion) deal with Korea Middle East Engineering Co (Komee) to expand the country's optical cable network, ITC said on Wednesday.
After years of development, China’s radio-frequency identification (RFID) market has entered a phase of prodigious size and growth, with revenue set to more than double from 2009 to 2014, according to the China market research firm iSuppli (El Segundo, CA, USA), now part of IHS Inc.
Verizon Wireless and LG Electronics announced last week the LG WM300 LTE module and LG L2000 modem chip, both of which are designed for Verizon's 4G LTE network.
The new products are not broadband dongles, but chipsets purpose-built for machine-to-machine solutions such as fixed wireless applications, including gateway devices and telematics.
Similar products running on Sprint's WiMAX 4G network already exist, however this is the first example of M2M-specific chips designed for use on Verizon's faster LTE network.
Portugal Telecom (Lisbon, Portugal) said today it had signed the necessary contracts to seal the purchase of a 22.38 percent direct and indirect stake in Brazil's main fixed-line phone carrier Oi (Rio de Janeiro) for 8.32 billion reais ($4.98 billion). The deal, drafted last July, effectively means the return of Portugal Telecom as a major player to fast-growing Brazil after it sold its stake in Brazil's top mobile firm Vivo to Spain's Telefonica for 7.5 billion euros last year.