Telefonica sees decline in first-half profit, to cut 20% of jobs

Reuters

Telefonica SA (Madrid, Spain), one of Europe’s largest telecoms company, suffered a decline in first-half profit as consumers switched to cheaper providers and regulators pushed tariffs lower.

While lucrative smartphone growth drove a continued boom in Brazil, the business turned in a lackluster performance in its home market of Spain, and also in Britain, Mexico and Venezuela. Some analysts noted a risk to Telefonica's A- credit rating.

Report: mobile security software revenues to reach $3.7 billion by 2016

The market for security software to protect mobile devices including tablets, smartphones and feature phones will reach almost $3.7 billion by 2016 according to a new report by research firm Juniper Research (Hampshire, England). By that date enterprise and business sales will account for almost 69% of the market, according to the report.

Deutsche, France Telecom to pay $126 million for Slovak license extension

Reuters

Telecommunication companies Deutsche Telekom (Bonn, Germany) and France Telecom (Paris, France) have to pay a total $126 million for a 10-year license extension of their Slovak units, the Slovak telecommunication regulator said on Wednesday.

France Telecom, running Slovensko Orange -- Slovakia's largest mobile and internet services provider in terms of number of clients -- will pay $57.7 million.

Deutsche Telekom will pay $67.9 million for its T-Mobile Slovensko unit's licence.

Q2 results in M2M industry

The M2M industry has begun to announce results for the second quarter of 2011. Earnings varied according to company and industry. In the Personal Navigation Device (PND) industry, both Garmin and TomTom reported loss in revenue from the year-ago quarter, primarily due to weak PND markets in both North America and Europe. Satellite companies Iridium and Orbcomm both posted strong Q2 results due to a strong market and company acquisitions.

Smart meter device monitoring system sends signals over 40 miles

When you use Wi-Fi in your house you can download content at a fast speed. If you move into your backyard or down the street, your signal gets weaker until you eventually lose all connection. On Ramp Wireless Inc. (San Diego, Calif., U.S.A.), a provider of networking and location tracking equipment, developed a technology using the same frequency as Wi-Fi, but instead of using a high power at a short distance, this technology can send small bits of machine-to-machine (M2M) application data a distance of over 40 miles.

GPS fitness devices forecast to surpass 10 million in shipments

According to marketing research firm ABI Research (Oyster Bay, N.Y., U.S.A.), the launch of Nike and TomTom’s (Amsterdam, Netherlands) GPS fitness watch has given the market the shot in the arm it needed, with new devices, applications, and companies helping to drive forecasts for fitness GPS shipments beyond the 10 million mark.

Released in January, the Nike+ SportWatch GPS is able to calculate location information, distance, pace and calories burnt, according to TomTom. GPS receivers powered by TomTom work with sensors inside the shoe to deliver data throughout the run.

Healthcare access in rural U.S. lagging, telemedicine crucial

Reuters

Telemedicine may be able to significantly help healthcare access in the rural parts of the United States, according to a report by health care company UnitedHealth Group (Minnetonka, Minn., U.S.A.).

According to the report, there are only 65 primary care physicians per 100,000 rural Americans -- 40 less than the 105 per 100,000 urban and suburban Americans.

Southwest Airlines now using OnAsset asset tracking devices

OnAsset Intelligence (Irving, Texas, U.S.A.), a provider of machine-to-machine (M2M) wireless asset tracking, recently announced that Southwest Airlines Co. (Dallas, Texas, U.S.A.) is now accepting cargo shipments containing its tracking devices.

OnAsset’s SENTRY 400 FlightSafe device can provide location, environmental sensing and monitoring of temperature-sensitive and high value cargo, according to the company.

Report: T-Mobile mobile payment service could leave consumers vulnerable

Earlier this month, T-Mobile announced that it will soon launch a new service that will enable customers to purchase digital content using their smartphone, PC, or tablet and bill it to their phone accounts. According to Consumer Union (New York), a testing and information organization, T-Mobile's announcement is the latest development in emerging mobile payment services that raises concerns about whether consumers will be protected from fraud or merchant mistakes.

Verizon unions strike after contract talks fail

Reuters

Almost half the workers in Verizon Communications' (New York) wireline telecommunications business went on strike on Sunday as negotiations for a new labor contract failed.

The strike, involving 45,000 workers, is the first walk-out that Verizon, one of the two big U.S. telephone network operators, has faced since 2000, when about 80,000 workers went on strike for about three weeks.

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