The worldwide fixed broadband market continues to grow, despite a surge in mobile broadband adoption. The number of fixed broadband subscribers reached 586.7 million in 1Q 2012, generating service revenue of $47.7 billion, according to research firm ABI Research.
Inmarsat said on Tuesday that struggling U.S. telecoms company LightSquared had not made another payment owed to the British satellite firm for licensing part of its spectrum in North America.
The European Commission and European lawmakers and governments reached an agreement to reform mobile roaming fees, allowing consumers to pay less for calls, texts and mobile web services when travelling abroad, in a measure that could hit telecom industry profits.
The deal announced on Wednesday is expected to be approved by the European Parliament in May and would take effect in July.
China's ZTE Corp, the world's fourth-largest handset producer and fifth-ranked telecoms equipment maker, posted a third straight fall in quarterly profit mainly due to weak telecoms spending and foreign exchange losses.
On Tuesday, Vodafone Hungary announced it will move to an IP/Ethernet-based infrastructure and expand its geographic coverage in Hungary. The service provider chose Tellabs to modernize its current mobile backhaul network.
On Wednesday, market research firm Infonetics Research forecasted that the global small cell market will be worth $2.1 billion in 2016, with about 3 million small cells shipped.
ADTRAN Inc., a provider of next-generation networking services, on Tuesday announced that Session Border Control (SBC) software functionality has been added to its enterprise business gateways and routes. SBC has been added to its NetVanta 3430 and 6000 series, as well as its Total Access 900e IP Business Gateways.
On Wednesday, Cisco announced its intent to acquire privately held ClearAccess, a company providing software to internet service providers for the provisioning and management of residential and mobile devices. The acquisition includes ClearAccess' software business and personal, while the hardware portion of ClearAccess' business, Smart RG Gateways, will continue forward as SmartRG, Inc, says Cisco.
Echelon Corporation, a provider of energy control networking for the smart grid, and Holley Metering Limited, a smart metering vendor in China, on Tuesday announced an agreement under which the two companies will form a new joint venture company in China, Zhejiang Echelon-Holley Technology Co., Ltd. (Echelon-Holley), to focus on the development and sales of advanced smart metering products for China.
The City of Barrie, Ontario is saving $600,000 to $1 million annually since launching its smart grid for water project. The project involved installing the Sensus FlexNet fixed-base wireless communications system and equipping all of its 42,000 residential water meters and 2,500 commercial and industrial water meters with radio transmitters, says Sensus.