u‑blox (Thalwil, Switzerland), a positioning and wireless chip and module company, announced on Monday the acquisition of Fusion Wireless (San Diego, Calif., U.S.A.), a provider of CDMA wireless modules for consumer and M2M applications in North America.
The acquisition price includes $0.9 million fully paid in cash, as well as $2.1 million in existing debt, plus earn-out.
Market research firm Infonetics Research (Campbell, Calif., U.S.A.) on Thursday released excerpts from its second quarter 2011 (2Q11) 2G/3G/4G (LTE and WiMAX) Infrastructure and Subscribers report, which takes a comprehensive look at the mobile and wireless equipment markets.
According to the report, the overall 2G, 3G, 4G infrastructure market continues to evolve on strong footing led by GSM, W-CDMA, and unabated WiMAX and LTE deployments, with equipment spending up 25.2% year-over year (2Q10 to 2Q11) and up 4.5% sequentially in 2Q11.
On Thursday, Sprint (Overland Park, Kan., U.S.A.) a U.S. mobile operator, announced that it would be discontinuing its Premier program by gradually phasing it out over the next few months. The Premier program, implemented in 2009, allowed customers of over 10 years or customers who spent a certain amount of money per month on their wireless plan, privileges such as early and discounted phone upgrades and trials of unreleased products.
China Mobile Communications Corp (Beijing, China) and Clearwire Corp (Kirkland, Wash., U.S.A.) have teamed up to develop high-speed mobile devices and infrastructure, potentially giving the cash-strapped U.S. 4G operator a technological boost.
Shares of Clearwire closed up 7% at $2.73 after the news as investors bet that Clearwire's collaboration with China Mobile, the world's largest wireless operator, decreased the risks around Clearwire's future technology choice.
South Korea was the world's most advanced Internet and telecommunications economy in 2010, with high levels of access, usage and skills, while high-speed Web access remained unaffordable in many low-income countries, the United Nations said on Thursday.
Mobile subscriptions grew 20% over the past year to more than 5 billion, with penetration of over 100%, or more than one mobile device per person, in developed countries and 70% in developing countries at the end of 2010.
Huawei Technologies Co Ltd (Shenzhen, P.R.C.), the world's second largest network equipment maker, expects its deals in the enterprise sector to total more than $7 billion by next year, banking on demand from key markets such as China, a senior executive said.
Huawei also plans to triple staff numbers at its enterprise unit to about 30,000 in the next three years from 10,000 expected by the end of this year, to compete with the likes of Cisco Systems Inc and Hewlett-Packard Co, with half in research and development.
On Tuesday, the U.S. Federal Communications Commission (FCC) issued a public notice stating that more GPS interference tests are needed before LightSquared (Reston, Va., U.S.A.) can begin operations of its 4G-LTE nationwide wireless broadband network.
On Wednesday, equipment vendor Alcatel-Lucent (Paris, France) and telecom operator Telefónica (Madrid, Spain) announced an initiative to deliver 4G mobile broadband services in Europe with the deployment of LTE technology that will enable the launch of the first 4G wireless network in Spain.
Google Inc (Mountain View, Calif., U.S.A.) raised its offer for Motorola Mobility Holdings Inc (Schaumburg, Ill., U.S.A.) by 33% to $12.5 billion over two weeks of negotiations between the two companies, according to a regulatory filing on Tuesday.
Google originally offered $30 for every Motorola share on August 1 -- but eventually paid $40 -- as the Internet powerhouse sought Motorola's massive patent portfolio, after losing out on the Nortel patent auction to a consortium including Apple and Microsoft.
Equipment vendor Cisco Systems Inc (San Jose, Calif., U.S.A.) slashed its long-term forecasts, acknowledging that it will find it harder to drive growth even after cutting thousands of jobs in a sweeping reorganization.
The cut, while sharp, was largely in line with Wall Street expectations and investors pushed Cisco's shares 2% higher, relieved that the overhaul was bearing fruit by reducing costs and setting Cisco on a path for slower but more stable growth.