Telular Corporation (Chicago, Ill., U.S.A.), a wireless M2M provider, last week announced the acquisition of SkyBitz, Inc. (Sterling, Va., U.S.A.), a provider of asset tracking equipment, for $42 million. The deal is comprised of $35 million in cash and $7 million in shares of common stock.
Axeda Corporation (Foxboro, Mass., U.S.A.), a cloud platform provider for M2M and connected devices, and ClearConnex (Raleigh, N.C., U.S.A.),a company providing products and engineering services targeted at M2M and wireless devices, announced an alliance to streamline the building and delivery of wireless M2M products.
A new study released by Northeast Group, LLC (Washington D.C.) has identified 25 emerging market countries that are positioned for the next wave of smart grid activity over the coming decade. These countries will represent a smart metering market alone of at least $27 billion and could reach $49 billion by 2020.
Telit Wireless Solutions (Raleigh, N.C., U.S.A.), the North American M2M technology arm of Telit Communications, announced on Wednesday that two of its 3G M2M modules have been certified on the AT&T (Dallas, Texas, U.S.A.) network.
Britain's biggest mobile operator Everything Everywhere (London) announced plans on Thursday to invest over $2.3 billion in the next three years to improve its coverage and prepare for the launch of a fourth generation (4G) network.
Dish Network Corp (Meridian, Colo., U.S.A.) is considering a partnership with telecom operator T-Mobile USA (Bellevue, Wash., U.S.A) if AT&T (Dallas, Texas, U.S.A.) is unable to fulfill its bid to take over the fourth U.S. wireless network, Dish Chief Executive Joe Clayton said on Monday.
Roaming cell phone charges while traveling abroad are still a major concern among consumers. As many as 60% of travelers don’t switch on their mobile device when they travel overseas, due in large part to fears of racking up huge roaming bills. Much of this fear isn’t due to voice, but data use, which has spiked with the adoption of smartphones and tablets.
On Tuesday, Javelin Strategy & Research (Pleasanton, Calif., U.S.A.) and PaymentOne (San Jose, Calif., U.S.A.) released a study of consumers' online and mobile purchasing attitudes, which found that by a margin of almost 4 to 1, consumers believe direct carrier-billed mobile payments are more secure than using credit and debit cards for online digital purchases.
Huawei Technologies (Shenzhen, P.R.C.), China's biggest telecoms equipment manufacturer, said it would not pursue new business in Iran after a U.S.-based watchdog said that authorities in Tehran were using the firm's equipment to track dissidents.
Telecom operator AT&T Inc (Dallas, Texas, U.S.A.)