WASHINGTON (Reuters) - The U.S. Federal Communications Commission raised a record $44.9 billion in the auction of so-called AWS-3 airwaves that closed on Thursday, marking the highest point yet in the wireless industry's appetite for more spectrum.
Wireless carriers Verizon Communications Inc, AT&T Inc and T-Mobile US Inc, satellite TV provider Dish Network Corp and others vied for new slices of airwaves to satisfy the growing consumer demand for streaming video and other data-guzzling applications.
(Reuters) - U.S. business lobbies have called for "urgent discussions" with the Chinese government over new cybersecurity regulations that would force technology vendors to Chinese banks to hand over secret source code and adopt Chinese encryption algorithms.
Cybersecurity has been a significant irritant in U.S.-China ties, with both sides trading accusations of abuses.
BRASILIA (Reuters) - Brazil's government has no preferred model for consolidation of the country's telecom market, a source told Reuters on Thursday, leaving behind the days when Brazilian telecom company Oi SA was held up as a "national champion".
As long as companies continue investing in their networks and offering competitive services, the government is not concerned about the widely anticipated shift from four major carriers to three, the source said on condition of anonymity.
WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Tuesday warned hotels and other entities against blocking personal Wi-Fi access, or hot spots, saying it was illegal and could incur heavy fines.
SAN FRANCISCO (Reuters) - Cablevision System Corp said on Monday it would launch in February a wireless Internet phone service to give users an alternative to pricier data plans from cellular companies such as AT&T and Verizon.
The "Freewheel" phone service, which runs on any WiFi connection, is an attempt by Cablevision to retain and potentially add subscribers at a time when cable companies are losing out to lower-priced, bundled TV and Internet services from telecom firms.
(Reuters) - AT&T Inc said it will buy bankrupt NII Holdings Inc's wireless business in Mexico for $1.875 billion, less outstanding net debt.
NII Holdings, the parent of Nextel operators in Latin America, filed for bankruptcy protection in the United States in September after struggling with $5.8 billion in debt and fierce competition in Brazil and Mexico.
AT&T plans to combine Nextel Mexico with Iusacell, which the company acquired in November for $1.7 billion.
NEW YORK (Reuters) - Samsung Electronics recently offered to buy BlackBerry Ltd for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters.
South Korea's Samsung proposed an initial price range of $13.35 to $15.49 per share, representing a premium of 38 percent to 60 percent over BlackBerry's current trading price, the source said on Wednesday.
MADRID/HONG KONG (Reuters) - Li Ka-shing's Hutchison Whampoa Ltd has agreed to buy Telefonica's British mobile unit O2 for up to 10.25 billion pounds ($15.4 billion), hastening the consolidation of Britain's telecoms industry.
Hutchison already operates the Three Mobile network in Britain, and buying second-ranked O2, which has about 22 million subscribers, from the Spanish group will make it the top mobile operator in the country.
BEIJING (Reuters) - Internet services that allow people to freely access blocked websites and apps from within China have seen more severe disruptions this week, said three providers, moves that Chinese state media said were justified.
The services affected include popular Virtual Private Network (VPN) providers Astrill, StrongVPN and Golden Frog, which are engaged in a technological arms race to one-up China's highly sophisticated Great Firewall internet censorship system.
MUMBAI (Reuters) - Samsung Electronics Co Ltd's first smartphone to run on its own operating system received a frosty welcome after its launch in India, with reviewers and consumers criticising its low-resolution cameras and dearth of software applications.
The South Korean giant's latest handset stands out not so much for its no-frills specifications but for what lies under the hood - the Tizen operating system Samsung has developed to rival Google Inc's Android platform.