Equipment maker Ericsson (Stockholm, Sweden) has announced the launch of its mobile money services, seeking to take and intermediary role in near-field communications purchases. The announcement marks the end of the service's two year development, and follows a proof-of-concept launch in Europe and Asia.
Chinese telecom equipment makers have their sights set on the United States, a massive market that has so far been largely off limits to them because of fears over the security of key national infrastructure.
Huawei (Shenzhen, China), the world's number three seller of network gear, and ZTE (Shenzhen), number five, both told Reuters in interviews at the Mobile World Congress in Barcelona that they wanted to crack the United States.
The Wholesale Applications Community (WAC), a common pool of apps designed to run on multiple operating systems, handsets, and networks, now boasts a membership of 68 carriers including IBM, Vodafone, AT&T, Ericsson, Huawei, Oracle, and SAP. The unified group is an open alternative to Google and Apple app stores, and support is exploding this week at Mobile World Congress in Barcelona.
SPIRIT DSP (Moscow), a voice and video over IP provider, has announced that Huawei Technologies (Shenzhen, China), the world's second-largest telecommunications equipment provider, has extended its license with SPIRIT DSP for HD voice and video to carriers.
Under terms of the agreement, Huawei, a SPIRIT customer since 2007, will use SPIRIT's TeamSpirit Voice&Video Engine PC in its IP Multimedia Subsystem, Unified Communications, and Fixed Mobile Convergence solutions to carriers from the Huawei core network, delivering a PC video softphone to Huawei's carrier customers.
Numerex Corp (Atlanta, GA, USA), a provider of machine-to-machine products and services, today announced that it will collaborate with Cinterion (Munich, Germany), a specialist in cellular machine-to-machine communication modules to distribute and integrate Cinterion modules.
Both companies are influential in their respective fields. Numerex is the first M2M service provider in North America to be ISO 27001 certified for information security. Cinterion was acquired by Gemalto (Amsterdam, Netherlands) in June 2010.
At the Mobile World Congress in Barcelona, Spain this week, Sierra Wireless (Richmond, British Columbia, Canada) is exhibiting several new features of its platform for embedded machine-to-machine application development, including a new third-party library, an integrated debugger, and a new user interface for remote device management.
Sierra "AirPrime" modules are designed to support a complete embedded application framework for M2M application development. Remote management is also supported thanks to AirPrime Management Services, a set of device management capabilities.
Vodafone (London) and Intel (Santa Clara, CA, USA) will co-develop a new kit that will allow companies to embed M2M functionality into products. The kit will be built around Intel's "Atom" class processor, and supported by service from Vodafone's network.
Target applications include smart meters, connected vehicles, or even entire smart buildings, according to a joint statement.
The news arrives only a day after Deutsche Telekom and France Telecom announced a cross-border cooperative M2M initiative.
After more than three years of AT&T (Dallas, TX, USA) exclusivity, Verizon Wireless' (Basking Ridge, NJ, USA) iPhone finally goes on sale today in the U.S. After years of pent-up demand from its customers, Verizon has seen very strong pre-launch demand for Apple's handset. Analysts predict, on average, that Verizon could sell more than 12 million units this year.
Long-troubled telecom equipment maker Alcatel-Lucent sparked investor hopes it had turned a corner when it kept an ambitious free cash flow target and reassured on its 2011 profitability.
Shares in the Franco-American group shot up more than 13 percent to their highest level since October 2009, making it the French CAC 40 index's biggest gainer on Thursday.
Chief Executive Ben Verwaayen, a Dutchman who formerly led BT Group before taking over Alcatel-Lucent in September 2008, said the results showed that the group was on track to complete his promised three-year turnaround.
KT Corp, South Korea's No.2 mobile carrier, said on Thursday that it plans to become the top shareholder of credit card processing firm BC Card, betting on mobile payment services to generate new revenue.
KT (Seoul) said in a statement that its board had approved its planned purchase of a combined 33.85 percent stake in BC Card from Woori Bank and Shinhan Card.