T-Mobile US Inc said it added a record number of customers in the first quarter, blowing past its competitors as the company's aggressive discounts lured in subscribers.
T-Mobile (Bellevue, WA, USA) shares jumped 7.3 percent as the company that has billed itself as the "uncarrier" signed up 2.4 million new customers in the first quarter, topping estimates of 932,000. That was more than its top three rivals combined, a first for the No. 4 mobile carrier in the United States based on total subscribers.
Telefonica Deutschland has sweetened its offer of concessions in order to win European Union approval for its planned takeover of KPN's E-Plus unit in Germany, a spokesman for the telecoms firm said.
Telefonica Deutschland (Munich, Germany), a unit of Spanish telecoms operator Telefonica (Madrid), last month offered to lease spectrum above 2 gigahertz and access to its network to rivals after the European Commission expressed concerns about the 8.6 billion euro ($11.9 billion) deal.
Numerex has agreed a $37.5 million takeover of fleet-management specialist Omnilink Systems aimed at expanding its product portfolio and boosting its recurring service revenues.
Numerex (Atlanta, GA, USA) said it would fund the transaction through a mixture of cash on hand and a $25 million term loan and expects the deal to close within 30 days.
French M2M player Sigfox has hired Anne Lauvergeon, the former chief executive of nuclear energy provider Areva, as its new president.
Sigfox (Toulouse, France) currently employs just 60 people and describes its mission as building a global network that is specifically intended to support M2M and Internet of Things (IoT) services.
M2M device maker NetComm Wireless has signed a distribution deal with Japan’s Kanematsu Communications that covers the delivery of wireless M2M products to Kanematsu’s major export and telecoms operator customers.
Kanematsu is a distributor for NTT DoCoMo (Tokyo, Japan), Softbank (Tokyo, Japan) and KDDI (Tokyo, Japan) and a subsidiary of Kanematsu Corporation (Tokyo, Japan), which had a market capitalization of around $657 million as of March this year.
PTC subsidiary ThingWorx has revealed details of new partnerships with value-added resellers and systems integrators in the US, Canada, Europe and Malaysia as it continues to expand its global partner network.
New partners include iQuest, VASS and Telecompro in the EMEA region, Commaxion and Micro Technology in the Asia Pacific, and SignalCraft and nSight Systems in North America.
iTalk has announced a distribution agreement with Cyber Kiosk for its CloudTalk product to provide secure connectivity for kiosk manufacturing and distribution in the alternative medical space.
CloudTalk has been developed to provide connectivity for vending machines and credit card processing, while Cyber Kiosk (Coral Springs, FL, USA) addresses a number of business verticals, including digital media, software and mobile applications development, tablet POS systems, payment processing, merchandising and the licensing of various unique products.
Standards bodies were urged to speed up their activities by M2M players gathered at last week’s M2M World Congress in London.
Although a number of speakers argued that standardization was needed to fuel the growth of M2M services in sectors such as energy, automotive and healthcare, Deutsche Telekom’s (Bonn, Germany) Juergen Hase said that standards bodies were not keeping pace with the fast development of the M2M market.
“At the end of the day do we come up with a de facto standard to be more agile?” said the head of operator’s M2M Competence Center.
iGen Networks has agreed a takeover of asset-tracking player Nimbo it says is aimed at extending its leadership position in M2M markets.
The cloud-computing company plans to issue 2.5 million shares of its common stock to secure full ownership of Nimbo (Murrieta, CA, USA), and is aiming to close the deal by the end of this month.
Nimbo offers what it calls consumer-safety solutions for the automotive and power sport industries and claims to have more than 10,000 asset activations to date.
Satellite player Orbcomm and analytics specialist Savi have won a five-year US Department of Defense contract as the sole providers to the $204 million RFID-IV program.
Under the deal, the two companies will provide satellite and RFID tags as well as other sensor technologies using Orbcomm’s (Rochelle Park, NJ, USA) global communications network.
The technologies will allow government customers to monitor the location of their cargo and send real-time alerts if there is a security breach or other anomaly.