Brazil’s telecoms operators have reportedly announced plans to invest an additional BRL13 billion ($6 billion) in developing M2M technology over the next four years following moves by Brazilian authorities to cut the taxes they must pay on M2M SIMs.
Recent moves to reduce the charges operators have to pay on active M2M SIMs appear to have spurred operators to pour additional funding into their M2M activities, according to a report from Business News Americas.
Satellite operator Iridium says growing interest in M2M services boosted sales and profits during the first three months of the year.
The company’s revenues rose by 10%, to $98 million, compared with the first quarter of 2013, while net income increased from $14.9 million to $16.5 million over the period.
Iridium (McLean, VA, USA) also ended the quarter with 674,000 billable subscribers, compared with 621,000 in March 2013, and said the strength of its M2M offerings was partly responsible for the increase.
B&B Electronics has formed a partnership with SeeControl aimed at developing predictive monitoring solutions for industrial Internet of Things (IoT) applications.
The network connectivity specialist said the partnership represented the first of several announcements it was due to make regarding strategic relationships with clod-based data analytics companies.
Orange Business Services has announced a new deal with Dacom under which it is to provide M2M connectivity services to improve the efficiency of arable farming in more than 30 countries.
The “smart agriculture” service will see Orange (Paris, France) provide connectivity for the range of devices and sensors that Dacom (Emmen, Netherlands) supplies to its agricultural customers around the world.
M2M module maker Telit has revealed it is supplying devices to Korea Telecom for use with the operator’s global freight tracking business.
In a statement, Telit (London, UK) said its HE910 and UC864 modules are providing cellular connectivity for the KT service.
The modules are used with KT’s (Seoul, South Korea) ConTracer platform, which can track temperature and humidity inside a container, as well as impact and location information.
Middle Eastern telecoms giant Etisalat has reportedly agreed to sell six of its businesses in West Africa to Maroc Telecom in what amounts to a restructuring of its operations in advance of a Maroc Telecom takeover.
In November, the operator agreed to pay $5.8 billion for a 53% stake in Maroc Telecom (Rabat, Morocoo) being sold by France’s Vivendi (Paris).
The founder of China's Huawei Technologies Co Ltd said media reports that the U.S. National Security Agency (NSA) was spying on his company came as no surprise, and they would not damage its reputation among its customers.
The New York Times and Der Spiegel reported in March that documents leaked by former NSA contractor Edward Snowden said the U.S. agency accessed servers at the company's Shenzhen headquarters to obtain sensitive data and monitor executives' communications.
Egyptian fixed-line incumbent Telecom Egypt has announced its EGP2.5 billion acquisition of a mobile license from the country’s authorities.
The license will allow the operator to provide mobile services alongside the fixed ones it already offers to consumers and businesses, using the local mobile networks of Etisalat (Abu Dhabi, United Arab Emirates), Orange (Paris, France) and Vodafone (Newbury, UK).
Verizon Communications Inc has urged U.S. regulators not to restrict how much it can buy in next year's auction of wireless spectrum, saying such a limit would subsidize the smallest national carriers and their foreign owners.
Federal Communications Commission Chairman Tom Wheeler recently proposed rules for the complex sale of valuable airwaves scheduled for mid-2015. The rules would reserve part of the spectrum in each market for wireless carriers that do not already have dominant blocks of low-frequency airwaves there.
T-Mobile US Inc said it added a record number of customers in the first quarter, blowing past its competitors as the company's aggressive discounts lured in subscribers.
T-Mobile (Bellevue, WA, USA) shares jumped 7.3 percent as the company that has billed itself as the "uncarrier" signed up 2.4 million new customers in the first quarter, topping estimates of 932,000. That was more than its top three rivals combined, a first for the No. 4 mobile carrier in the United States based on total subscribers.