On Friday, AT&T Inc Chief Executive Randall Stephenson said that a sale of rural phone lines may be too difficult to pull off because of regulatory hurdles. Stephenson had said in January that the company would review the future of its roughly 20 million rural telephone lines, including the possibility for a sale. But selling the phone lines could be difficult because of their diverse geographic locations, the executive said on Friday in a webcast of a Sanford C.
On Friday, Verizon Communications Inc. announced that it is acquiring Hughes Telematics, Inc (HTI) for $612 million, or $12.00 per share in cash.
New market data from Berg Insight shows a sustained strong momentum for wireless M2M communication in the beginning of 2012. According to figures disclosed by global mobile operators, the number of machines using cellular communication continues to grow at a high rate in key world regions. As the installed base grows, year-on-year growth rates are stabilizing at around 15-30%.
On Wednesday, Ford and State Farm insurance announced a collaboration to offer auto insurance using Ford SYNC In-Car technology.
According to Ford, this technology could save drivers up to 40% per year through the State Farm Drive Safe & Save insurance discount program depending on their annual mileage. The discount is based on the vehicle odometer reading that is reported when the driver uses Vehicle Health Report, a standard feature of SYNC.
On Wednesday, Deutsche Telekom launched its M2M Marketplace, which is a platform for manufacturers and dealers to offer their hardware, software, apps and full-package services relating to M2M communication.
According to ABI Research, the cellular M2M market will rise from about 110 million cumulative connections globally in 2011 to roughly 453 million cumulative connections by 2017. Nevertheless, a key challenge for the industry remains the complexity of developing, deploying, and managing M2M applications over the cellular network.
Cinterion, a provider of cellular machine-to-machine (M2M) communication technology, last week announced it is powering communications for an M2M time clock, JobClock Hornet by ExakTime. The new clock uses an advanced Cinterion module to automatically capture and send precise electronic time records over wireless networks, simplifying payroll processing and jobsite management. The mobile time clock is designed for businesses with hourly employees such as construction companies, restaurants and hospitals, says the company.
Smart grid technologies are often portrayed as being vital in efforts to increase renewable energy production, yet this aspect of the smart grid is the least developed. According to a new report from Pike Research, this situation will change over the next several years, creating a significant expansion of the market opportunity for smart grid technologies that enable the integration of renewable energy.
Telefonica UK, which operates the O2 brand, on Thursday announced that it has partnered with Jasper Wireless to deploy a new platform for the management of machine-to-machine (M2M) connections. The cloud-based management platform will enable Telefonica UK customers to roll out connected devices quickly, manage them in real time and deliver global support. The platform is already operational and is currently being rolled in a number of projects.
China's top telecoms equipment makers Huawei and ZTE denied receiving illegal government subsidies that helped them undercut rivals in recent years, after media reported the European Union planned to take action over unfair trade practices. Action by the EU could spark a trade war, analysts warned.