On Tuesday, IMS Research, who was recently acquired by IHS Inc., forecasted that the market for equipment supporting smart grid communications and networking would grow from $700 million in 2011 to nearly $950 million by 2016. This growth is projected even as smart meter shipments are forecast to decline from 2012 onwards in North America and general economic growth remains elusive.
It may not be long before electric car owners on America’s Pacific coast can drive all the way from Canada to Mexico using quick-charge stations. Thanks to Oregon’s new ‘electric highway,’ it’s now possible to charge an electric car every 25 miles down a 200-mile stretch of Interstate 5.
That, says an NBC News video, makes it the longest stretch of electric highway in the United States.
Last week both Visa and MasterCard announced European mobile payments partnerships. On Monday, MasterCard announced that it has entered into a mobile payments partnership with Deutsche Telekom, while Visa announced on Friday that it had joined forces with Telefonica Digital to offer a similar service.
China's Huawei Technologies is in talks with Gulf telcos Etisalat and Saudi Telecom to manage their fixed-line networks, an executive said, potentially cementing its leadership of a $1 billion regional industry.
Huawei (Shenzhen, P.R.C.), the world's second largest telecom gear maker, is in similar negotiations with several other Middle East operators, the executive said in emailed comments, but declined to name them, citing confidentiality agreements.
Worldwide IT spending is on pace to reach $3.6 trillion in 2012, a 3% increase from 2011 spending of $3.5 trillion, according to the latest outlook by Gartner, Inc.
Shares of Acme Packet Inc slid as much as 16% to their lowest in two years on Friday amid a broad selloff in the technology sector after the network gear maker forecast quarterly results that fell far short of expectations.
Rival Riverbed Technology Inc (San Francisco, Calif., USA) fell as much as 9%, while Juniper Networks Inc (Sunnyvale, Calif., USA) dropped as much as 4%.
Market research firm Infonetics Research released excerpts from its first quarter Femtocell Equipment market share and forecast report, which tracks femtocells by market segment, technology, and form factor. According to the report, following a 20% surge the previous quarter, global 2G and 3G femtocell revenue dipped 2.7% in 1Q12, even as femtocell unit shipments grew 14.0%
KPN is likely to pay less to shareholders and invest more in its telecoms networks after Mexican billionaire Carlos Slim took effective control, analysts said, in a strategy reversal intended to revive the Dutch company. America Movil, owned by Slim, acquired a 27.7% stake in KPN last week, becoming its biggest shareholder with effective control due to the low attendance rate at shareholders meetings.
Cellphone chip supplier Qualcomm Inc is changing its internal structure to protect its technology licensing business by creating a new subsidiary that will work on open source wireless developments.
The biggest developer of cellphone chips also derives a huge amount of its revenue from selling licenses for use of its vast portfolio of technology patents to companies such as cellphone makers whether or not they use Qualcomm (San Diego, Calif., USA) chips.
On Thursday, market research firm Infonetics Research released excerpts from its latest Mobile VoIP Services and Subscribers report, which found that the United States and Asia, especially South Korea, are leading the voice of LTE market, with Verizon Wireless, Metro PCS, SK Telecom and LG U+ all planning to launch VoLTE services this year.