In the future, remotely monitoring health conditions may not longer require a bulky connected device, but “Smart Skin.” MC10 Inc (Cambridge, Mass., U.S.A.), a company developing next-generation electronic systems, is working with the University of Illinois to develop smart skin, and epidermal electronic system containing transistors, sensors, receivers and transmitters that can be bent, stretched and wrinkled just like real skin.
Wyless (London, England) and Wireless Maingate (Stockholm, Sweden), two M2M MVNO's, announced a strategic partnership that will provide both companies will access to the others networks.
Telefonica (Madrid, Spain) last Monday announced that it has signed a strategic partnership with Quantenna Communications (Fremont, Calif., U.S.A.), a provider of Wi-Fi networking for home entertainment, including connected devices. Through the partnership, Telefonica looks to make a strategic equity investment in Quantenna, which will give it access to the latest Quantenna technology for the deployment of high performance video services to the home.
Telefonica will invest roughly $3 million in Quantenna, which brings the total investment up to $90 million to date, says Quantenna.
On Tuesday, Cinterion (Munich, Germany), a supplier of wireless modules for machine-to-machine (M2M) communication, announced the launch of a high-speed automotive M2M module with a triple-diversity antenna design. According to Cinterion, the AH3 delivers communications across global 2G and 3G cellular networks for applications such as, onboard vehicle computing, internet access, fleet management as well as automatic eCall and emergency roadside assistance and integrated hands free calling.
Spanish telecom giant Telefonica (Madrid, Spain) stuck to ambitious shareholder return targets on Friday even while nine-month profit fell a more-than-expected 69% in what the group described as a "challenging" operating environment.
The euro zone's biggest telecom in terms of market capitalization announced a 69% fall in net profit to $3.71 billion on a 5.4% rise in revenues to $63.7 billion in the January to September period, with net profit around $410 million below average expectations.
SK Telecom (Seoul, South Korea) has agreed to buy 21% of Hynix Semiconductor (Icheon, South Korea) for $3 billion in its biggest ever acquisition that will help the creditors-turned-shareholders find a new owner for the chipmaker after years of failure.
The $3 billion deal comprises of SK Telecom paying $2 billion to Hynix and the remaining $1 billion to nine shareholders of the world's second largest computer memory chipmaker.
Britain's biggest mobile operator, Everything Everywhere (London, England), is planning to pay back $1.4 billion of loans to its two parent companies -France Telecom (Paris, France) and Deutsche Telekom (Bonn, Germany)- in a step towards making itself a wholly independent operation, the Financial Times reported on Monday.
On Monday, the Shareholders Foundation, Inc. (San Diego, Calif., U.S.A.) announced that a lawsuit was filed in State Court for current investors of Tekelec (Morrisville, N.C., U.S.A.) in an effort to block the proposed going private offer of Tekelec.
As smartphone usage grows and consumers start using their phones for more than just voice, the concept of a mobile service provider is changing. According to two surveys, including one performed by Oracle (Redwood Shores, Calif., U.S.A.), a person’s mobile phone is replacing other devices, and in the future will be used for everything from banking to a GPS system.
Oracle surveyed more than 3,000 mobile users around the world and found that mobile devices are becoming more valuable to consumers.
China Telecom Corp Ltd (Beijing, P.R.C.), the smallest of the country's three carriers, is considering entering the U.S. wireless market by offering services to handset consumers who frequent both countries, a company executive said on Wednesday.
China Telecom plans to work out a scheme using MVNO (mobile virtual network operator), aiming to use the network infrastructure of a U.S. operator to provide such services, the executive said.
He said he did not expect significant regulatory hurdles for the MVNO plan, although some analysts are skeptical.