EU to team up with South Korea in global 5G race

South Korea has one of the fastest mobile broadband networks, and is home to Samsung

Reuters

BRUSSELS (Reuters) - The European Union is teaming up with South Korea to jointly research the next generation of mobile broadband technology, hoping the Asian country's expertise will help it catch up in a field crucial for economic growth and jobs.
 
South Korea has one of the fastest mobile broadband networks and is home to Samsung, the world's biggest smartphone maker.

Vodafone targets "connected cars" with Italian deal

To connect more products to the Internet, offset slowing growth in mobile phones

Reuters

LONDON (Reuters) - Vodafone is buying an Italian car electronics maker for 145 million euros ($197 million), seeking to get ahead in the race to connect more products to the internet and offset slowing growth in its core mobile phone business.

Samsung Electronics, juggling $60 billion cash, bulks up on bonds

Banks increasingly wary that phone maker could withdraw short-term deposits

Reuters

SEOUL (Reuters) - Samsung Electronics Co Ltd is buying more local bonds with its $60 billion cash pile as domestic banks grow reluctant to overload on deposits from the South Korean giant.
 
The investments by the world's biggest smartphone maker underscore the challenge of managing its huge and growing reserves, with banks increasingly wary that it could withdraw short-term deposits upon maturity and create funding problems.
 

Level 3 to buy tw telecom to expand US fiber network

Combined company would have presence in 35,000 locations

Reuters

Level 3 Communications Inc will buy internet services provider tw telecom Inc for more than $5.6 billion in cash and stock to expand its commercial fiber network in the United States.
 
The $40.86 per-share deal represents a premium of 12 percent to tw telecom's Friday closing price on the Nasdaq. The total deal value is based on outstanding shares as of April 30.
 
Tw telecom shares, which have not traded over $40 since 2001, reached an intraday high of $40.51.
 

SoftBank CEO: sees new movement, hopes for more discussion after resistance on T-Mobile

U.S. authorities reluctant to reduc the number of main wireless providers

Reuters

TOKYO - SoftBank Corp CEO Masayoshi Son, who has met resistance from U.S. regulators to a possible acquisition of wireless carrier T-Mobile US Inc, on Tuesday said there had been new movement in the past few months and expressed hope for more discussion.
 
He reiterated in an interview with a handful of reporters his stance that it would be good for U.S. consumers if his Sprint Corp, the No.3 U.S. mobile provider which SoftBank acquired last year, could become bigger and compete more effectively with the two largest carriers.
 

Mobile 'net neutrality' faces new day of reckoning at FCC

agency is seeking comments on whether it should take a fresh look at distinctions between wireless and wireline

Reuters

WASHINGTON (Reuters) - A surge in mobile Internet usage has U.S. regulators considering whether to apply the same rules to fixed and wireless Internet traffic, and large technology firms are siding with consumer advocates to call for such a change.
 

InterDigital patents not violated by two phone makers: judge

Handsets made by ZTE Corp and Nokia, now owned by Microsoft, do not violate patents for wireless phones

Reuters

WASHINGTON (Reuters) - Handsets made by ZTE Corp and Nokia, now owned by Microsoft Corp, do not violate InterDigital Inc's patents for wireless phones, a U.S. International Trade Commission judge said in a preliminary ruling released on Friday.

 

The full commission is expected to issue a final ruling in October.

 

InterDigital shares plunged more than 10 percent on the ruling, and but they recovered somewhat and were down about 7.3 percent in late-afternoon U.S. trading. 

 

China Mobile: of 750 Million Users, Most Still on 2G phones

Chair Xi Guohua tells shareholders of plans for 3G/4G upgrades, funding for 5G research

CEI

Beijing, May 28, 2014 / CEI / -. "Currently, China Mobile, which owns 780 million users, the majority are still using 2G phones," China Mobile chairman Xi Guohua said at the shareholders meeting, the need to push customers to upgrade 3G and 4G, last year the company data flow and therefore the amount of explosive revenue growth. China Mobile CEO Li Yue introduced by Tencent micro-channel business impact, short message service first four months of the company fell more than 20%.

u-blox bolsters short-range IoT strategy with connectBlue buy

Swiss M2M module maker u-blox has announced a $28 million takeover of Wi-Fi specialist connectBlue in a move aimed at bolstering its short-range Internet of Things (IoT) strategy.

u-blox said the acquisition would enhance its portfolio of positioning and cellular technologies, allowing it to better support connectivity over the “last hundreds of meters” between equipment and the internet.

M2M SN takes managed services from TrueNet, Edge

M2M Spectrum Networks (M2M SN) says TrueNet Communications and Edge Communications will provide turnkey managed network services for its soon-to-be-launched US network.

The agreement will see TrueNet (Jacksonville, FL, USA) provide field services and Edge supply advanced network management services, said the operator.

M2M SN (Phoenix, AZ, USA) exploded on to the US M2M scene in April, when it unveiled plans to build and operate what it claims will be the first dedicated M2M network in the country.

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