(Reuters) - AT&T Inc <T.N> on Monday said Spain's Telefonica SA <TEF.MC> will license its home security technology for limited trials in Europe as the U.S. carrier hopes it has found a new way to profit from its nascent connected-home business.
Telefonica will offer European customers a version of Digital Life, AT&T's home monitoring and automation system, for three to six months before evaluating results of the trial, said Steven Bartholomew, a Telefonica spokesman.
KUALA LUMPUR (Reuters) - Malaysian telecoms company U Mobile is planning an initial public offering as it embarks on a 1.5 billion ringgit ($470 million) network expansion, Chief Executive Officer Wong Heang Tuck told Reuters on Tuesday.
Wong declined to say much the company planned to raise or when it would launch the IPO. Asked about the offering, Wong said: "It depends on where the market is at that point in time... but we are on our way there."
US operators need to demonstrate their commitment to the incentive auction of 600MHz spectrum in 2015 if broadcasters are to overcome their reservations about the process, according to Tom Wheeler, the chairman of the Federal Communications Commission.
Speaking during the keynote session at this week’s CTIA show in Las Vegas, Wheeler expressed frustration that so much of the telecoms industry has been “strangely silent” about the forthcoming sale of sub-1GHz spectrum given the constraints that operators say they are under.
WASHINGTON (Reuters) - This year's top U.S. wireless convention descends on Las Vegas on Monday and will no doubt be abuzz with massive telecom mergers and major policy undertakings of the industry's new top regulator.
But the less glamorous, though no less monumental, subject of spectrum, or radio airwaves, will serve as a backdrop to every conversation at the "Super Mobility Week" trade show thrown by the wireless industry association CTIA.
(Reuters) - U.S. network gear makers are bracing for slower revenue growth in the second half of the year as telecom operators, their main customers, postpone spending until the dust settles on several big mergers.
Telecom giants AT&T Inc and Sprint Corp are taking time to decide whether to upgrade existing wired networks or roll out 4G networks, forcing gear makers to cut expectations for what is usually the stronger half of their year.
The Mobile Backhaul Pavilion features exhibits from innovative infrastructure and core access vendors, including AOptix, Clearfield, and Vitesse Semiconductor.
To put the backhaul challenge in context, consider data from Cisco's Visual Networking Index, which forecasts that nearly five billion users and as many as 10 billion additional IoT and Machine-to-Machine (M2M) devices may be connected by 2018.
WASHINGTON (Reuters) - Sprint Corp said on Friday it was adding 15 new rural and regional wireless providers to its U.S. roaming program, a move bolstering the company's efforts to cheaply expand its footprint as it fights to stay competitive as a national carrier.
The program allows Sprint and its smaller partners to use each other's networks for roaming at a mutually attractive price. A total of 27 carriers, covering 565,000 square miles and a population area of more than 38 million people, have now entered into roaming agreements with Sprint.
(Reuters) - Dish Network Corp's <DISH.O> chairman, Charlie Ergen, recently contacted Deutsche Telekom AG <DTEGn.DE> to express interest in acquiring the German company's unit, T-Mobile US Inc <TMUS.N>, Bloomberg reported, citing people with knowledge of the matter.
Ergen has not made a formal offer or hired any bank to advise it on the potential deal, the report said.
DETROIT (Reuters) - A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said on Friday.
(Reuters) - Employees of Time Warner Cable will be $416 million richer even if the cable operator's merger with Comcast does not close, a move designed to keep staff from bolting while federal regulators contemplate the deal.
A proxy statement, prepared for the shareholders meetings of both companies in October to vote on the merger, also lays out the nearly $81.8 million golden parachute that Time Warner Cable's chairman and chief executive, Robert D. Marcus, would receive.