On Wednesday, Steve Jobs resigned as Chief Executive of Apple Inc (Cupertino, Calif., U.S.A.) without specifying a reason. Tim Cook, the company's Chief Operating Officer, who has been standing in for Jobs during his medical leave, has been named the new CEO. Jobs will serve as Chairman.
Jobs has spent 14 years as CEO at Apple, a company he brought back from the brink of bankruptcy and turned into the world's largest technology corporation.
The telecom industry has undergone drastic changes over the last few decades, from a service only able to deliver voice capabilities, to a service where voice is one of a large number of features delivered across a network. These changes have accumulated to the point where another major change is imminent, a change to an all-IP (Internet Protocol) infrastructure. This change is already happening, but with TDM (Time Division Multiplexing) technology still being used for the majority of phone calls today, it may be further away than first anticipated.
On Tuesday, it was reported that Sprint Nextel (Overland Park, Kan., U.S.A.) would begin selling the next version of the Apple Inc (Cupertino Calif., U.S.A.) iPhone in mid-October, making it the third U.S. telecom provider to distribute the smartphone.
Last week, another major telecom provider reported talks with Apple over potentially selling the iPhone. China Mobile (Beijing, China) said it would like to start selling the iPhone soon to accelerate uptake of high-end 3G services as it reported first-half profit at the top end of expectations.
Telecommunications service provider Telecom Egypt (Cairo, Egypt), and equipment vendor Alcatel-Lucent (Paris, France), have announced that the TE-NORTH Cable System, provisioned with 40 Gigabit per second (40G) wavelengths across the Mediterranean, is in service. TE-NORTH is a long submarine telecommunications cable linking France and Egypt, and is the first Mediterranean cable network to provide commercial service using 40G technology.
On Wednesday, Orange Slovakia, a unit of France Telecom (Paris, France), appealed a $58.6 million fee imposed by the Slovak telecommunication regulator for a 10-year extension of its license.
Orange, the euro zone country's largest mobile and internet services provider by number of clients, said the fee was unfair.
"The reason is lack of transparency of the process, discriminatory approach and factual imperfections in methodology and calculation of the fee," says Peter Toth, corporate affairs manager for Orange Slovensko.
Sprint Nextel (Overland Park, Kan., U.S.A.) will start selling the next version of the Apple Inc (Cupertino, Calif., U.S.A.) iPhone in mid-October, according to a report in the Wall Street Journal that cited unnamed sources.
This would make Sprint the third U.S. operator to become a cellphone distributor for Apple. AT&T Inc and Verizon Wireless already sell the iPhone 4.
An estimated 45,000 Verizon Communications (New York) employees are set to end a two-week strike and return to work on Tuesday after the telephone company and unions said they reached an agreement to resume bargaining. Almost half of the workers in Verizon's wireline business went on strike on August 7 after talks for a new labor pact failed when their contract expired.
A bankruptcy court has denied Sprint Nextel Corp's (Overland Park, Kan., U.S.A.) motion for a partial summary judgment in a proceeding against bankrupt mobile satellite network operator TerreStar Networks Inc (Reston, Va., U.S.A.), U.S. Bancorp (Minneapolis, Minn., U.S.A.) and others.
Boeing (Chicago, Ill., U.S.A.), an aerospace company that manufactures commercial jetliners and defense, space and security systems, and Siemens Industry, Inc., the U.S. affiliate of Siemens (Munich, Germany), an electrical engineering company, recently announced a strategic alliance for the joint development and marketing of smart grid technologies to improve energy access and security for the U.S. Department of Defense (DOD), the largest energy consumer in the federal government.
According to a report by ABI research (Oyster Bay, N.Y., U.S.A.), the market for wearable devices will reach more than 100 million units annually by 2016 as a range of factors combine over the next five years to drive consumer and healthcare adoption. These devices, ranging from heart rate monitors for measuring an individual’s performance during sports to wearable blood glucose meters, will all enable greater detail in tracking, monitoring, and care – often through connections provided by mobile phones, according to the report.