Middle Eastern telecoms giant Etisalat has reportedly agreed to sell six of its businesses in West Africa to Maroc Telecom in what amounts to a restructuring of its operations in advance of a Maroc Telecom takeover.
In November, the operator agreed to pay $5.8 billion for a 53% stake in Maroc Telecom (Rabat, Morocoo) being sold by France’s Vivendi (Paris).
The founder of China's Huawei Technologies Co Ltd said media reports that the U.S. National Security Agency (NSA) was spying on his company came as no surprise, and they would not damage its reputation among its customers.
The New York Times and Der Spiegel reported in March that documents leaked by former NSA contractor Edward Snowden said the U.S. agency accessed servers at the company's Shenzhen headquarters to obtain sensitive data and monitor executives' communications.
Egyptian fixed-line incumbent Telecom Egypt has announced its EGP2.5 billion acquisition of a mobile license from the country’s authorities.
The license will allow the operator to provide mobile services alongside the fixed ones it already offers to consumers and businesses, using the local mobile networks of Etisalat (Abu Dhabi, United Arab Emirates), Orange (Paris, France) and Vodafone (Newbury, UK).
Verizon Communications Inc has urged U.S. regulators not to restrict how much it can buy in next year's auction of wireless spectrum, saying such a limit would subsidize the smallest national carriers and their foreign owners.
Federal Communications Commission Chairman Tom Wheeler recently proposed rules for the complex sale of valuable airwaves scheduled for mid-2015. The rules would reserve part of the spectrum in each market for wireless carriers that do not already have dominant blocks of low-frequency airwaves there.
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.