TOKYO (Reuters) - Japan's SoftBank Corp will soon downsize its Silicon Valley offices, people with knowledge of the matter said, signaling the company won't revive efforts to buy T-Mobile U.S. Inc.
SoftBank subsidiary Sprint Corp dropped its bid to acquire the No. 4 U.S. carrier in August but the companies did not rule out future consolidation.
LONDON/MADRID (Reuters) - The battle to become the mobile partner of BT intensified on Thursday as the chairman of O2's Spanish owner, Telefonica, flew to London and rival suitor EE's owners indicated they were willing to offer more attractive terms to seal a deal.
BT has been in talks with Telefonica and EE's owners, Orange and Deutsche Telekom for nearly a month about a deal to buy one of the mobile operators, putting the British telecom firm in an unusually strong position to negotiate a deal.
TORONTO (Reuters) - Telus Corp launched a package of technologies that connect and control machines via the Internet on Wednesday as the Canadian telecom company bids to generate sales from the so-called "Internet of things".
Among the services Telus will offer are retail traffic analysis so that stores can better stock their shelves, and a safety application that will allow restaurants to check conditions such as air and food temperature and water flow.
WASHINGTON (Reuters) - The U.S. National Association of Manufacturers on Wednesday wrote to congressional and Federal Communications Commission leaders to oppose potential stricter regulations for Internet service providers.
The FCC is working on new rules that would dictate Internet service providers' freedom to manage web traffic on their networks, aiming to ensure that ISPs do not discriminate against any content in ways that could harm competition or consumers.
BRUSSELS (Reuters) - Internet companies like Cisco and Google are seeking to be excluded from a new EU cybersecurity law that would force them to adopt tough security measures and report serious security breaches to national authorities.
The so-called Network and Information Security directive is due to be finalised in talks between the European Parliament, the European Commission and member states over the coming weeks.
EU lawmakers want the law to cover only sectors that they consider critical, such as energy, transport and finance.
SAN FRANCISCO (Reuters) - Intel Corp on Tuesday unveiled a new platform to make it easier for companies to create Internet-connected smart products using its chips, security and software.
Intel's platform is like a set of building blocks based on the chipmaker's components and software for companies to create smart, connected devices, Doug Davis, head of Intel's Internet of Things business, said at a launch event in San Francisco.
It also aims to make it easier to connect to data centers in order analyze data collected from devices' sensors.
OSLO (Reuters) - Norwegian telecoms company Telenor and Sweden's TeliaSonera have agreed to combine their Danish mobile businesses to boost margins in their toughest market.
The plan to put their Danish operations into a 50-50 joint venture, which aims to save 800 million Danish crowns ($133 million) a year by 2019, lifted the share price of both companies and their main rival on investor hopes of an end to cut-throat price competition.
MILAN (Reuters) - The Italian arm of mobile phone group Vodafone believes that so-called other licensed operators (OLO) should be allowed to take a stake in Metroweb if infrastructure fund F2i sells its controlling holding in the Italian fiber optic network firm, Vodafone said in a letter to Italy's competition watchdog AGCM.
PARIS (Reuters) - Orange Chief Executive Stephane Richard said on Thursday he expected BT Group to decide before Christmas on whether to bid for the UK's largest mobile network operator, EE, or its smaller rival, Telefonica's 02.
"BT has its own calendar," Richard said, speaking at a conference on France's economy and business climate. "You should know more a few days before Christmas."
LONDON (Reuters) - TDC, Denmark's biggest telecoms network operator, is weighing a bid for Swedish cable firm Com Hem, as it seeks to expand across the Nordic region, sources familiar with the situation told Reuters.
TDC is sounding out banks to fund a deal that could value the cable operator at more than 11.7 billion Swedish crowns ($1.56 billion) based on its current market price, the sources said.