Sprint Nextel Corp (Overland Park, Kan.) is close to completing a $2 billion-a-year network sharing agreement with hedge fund billionaire Phil Falcone's LightSquared (Reston, Va.) telecommunications venture, sources familiar with the matter said on Wednesday.
Under the proposed agreement, LightSquared would pay $2 billion a year to rent space on Sprint's network to launch its own high-speed wireless services, according to a person who asked not to be named because the details are not yet public.
Australia's state-owned National Broadband Network awarded a contract to Ericsson (Stockholm, Sweden) worth up to $1.2 billion, the latest in a string of contracts to build the 38.4 billion network.
The contract is to build and operate a wireless network over the next ten years to cover the remote parts of Australia that will not be serviced by fiber-optic cable under the government's plan to provide fast Internet connections to the bulk of Australian homes.
At its event at COMPUTEX Taipei Wednesday, the HomePlug Powerline Alliance announced support from Germany’s major car manufacturers – Audi, BMW, Daimler, Porsche and Volkswagen – for its HomePlug Technology.
Sprint (Overland Park, Kan.) announced Tuesday it has formally requested the Federal Communications Commission (FCC) to block AT&T's (Dallas, Texas) proposed $39 billion takeover of T-Mobile USA, noting the Commission’s responsibility to protect consumers and the industry against anti-competitive market control. Sprint made the request in a “Petition to Deny” filed at the FCC this afternoon.
In its filing, Sprint concluded the proposed acquisition cannot be remedied through divestitures or conditions, and urged the FCC to block the proposed transaction on the following grounds:
Nokia Siemens Networks (Espoo, Finland) Tuesday announced the start of operations for its Global Network Operations Center (GNOC) in Sao Paulo, Brazil. NII Holdings, Inc. (Reston, Va.) which operates under the NEXTEL brand in Latin America, is the first operator to use the GNOC to centralize its network operations. Nokia Siemens Networks currently manages operations for NII’s multi-vendor networks across five countries: Argentina, Brazil, Chile, Mexico and Peru.
Ford Friday demonstrated its latest advancements in vehicle-to-vehicle communications at the final CoCarX (Co-operative Cars Extended) research project presentation, further highlighting the viability of improving road safety and traffic management through the use of intelligent vehicles.
According to Monika Wagener, head of external affairs & communications for Ford, Ericsson and Vodafone have partnered with Ford on this car-to-car communication project.
With more than 5,700 telehealth systems in at least 1,175 communities across the country, Canada is a global leader in improving access to care by connecting patients and care providers in different, and frequently remote locations, according to a new national study released Monday, announced Dr. Jennifer Zelmer, Senior Vice-President, Clinical Adoption and Innovation, Canada Health Infoway.
The global market for remote terminal units will grow at a slow rate in the next few years until 2015. The global market for remote terminal units (RTU) is nearing saturation as the deployment of RTUs has been going on since 1970s. This leaves little scope for growth in the North American and European power markets. The Asian nations are expected to play a key role in the coming years for the global RTU market as they undertake major drive to remove inefficiency in their power infrastructure and expand it to increase capacity.
Ceramic Fuel Cells Limited (Australia), a developer of high efficiency and low emission electricity generation units for homes and other buildings, Tuesday announced it has signed a contract to sell 25 BlueGen gas-to-electricity units to Ausgrid (formerly Energy Australia).
The units will be installed in homes in Newcastle as part of Ausgrid’s ‘Smart Grid, Smart City’ project. The $100 million project, funded by the Australian Government, is Australia’s largest smart grid project.
The 25 BlueGen units – the second largest BlueGen order received by Ceramic Fuel
United Telehealth Services (Nashville, Tennessee) Thursday announced its company’s launch providing telehealth programs for hospitals and physicians. Founded by Dr. Sami Ismail, Dr. John Wilters and Drew Nord, United Telehealth connects “Hub” hospital and specialists’ expertise to outlying “Spoke” hospitals, clinics and providers. Today, patients in remote or rural areas often unnecessarily travel long distances to seek consultations and opinions from physician specialists.