LightSquared is proposing a new bankruptcy exit plan with financing from Fortress Investment Group and other backers, as the U.S. wireless communications company seeks to avoid a sale to highest bidder Dish Network Corp.
China’s Huawei has thrown its considerable weight behind the promotion of 4G technology for use with M2M services.
In a statement about its progress on winning 4G business, the equipment vendor said that while LTE networks are today being used mainly to connect people to the internet they would increasingly provide support for M2M and Internet of Things solutions.
Chinese telecoms equipment vendor Huawei expects annual revenues from its sale of 4G networks to double to about $4 billion between 2013 and 2014, according to a report from Reuters.
Speaking to reporters in Shanghai, David Wang, the president of Huawei’s (Shenzhen, China) wireless network business unit, also said that overall wireless revenues would hit $12.9 billion in 2014, compared with $11.7 billion in 2013.
The French government will act to ensure telecom operators provide decent service as they roll out cut-rate plans for new high-speed 4G broadband service, a minister for digital issues said on Sunday.
Low-cost operator Iliad (Paris, France) this month added 4G service to its Free Mobile offers without raising the price, putting pressure on leading telecoms companies Orange (Paris, France), Vivendi's SFR (Paris, France) and Bouygues Telecom (Paris, France) to follow suit with competitive offers.
Orange is reported to have joined a price war in France’s nascent 4G market, offering the high-speed service to customers on its low-cost Sosh tariffs for no additional charge.
The move follows similar announcements by Iliad (Paris, France) and Bouygues (Paris, France), meaning Vivendi-owned SFR (Paris, France) is the only mobile network operator yet to slash fees for access to its 4G network.
But according to Dow Jones, which reported on the latest development, analysts expect SFR to follow suit in the near future.
UK operator EE has signed a roaming deal with AT&T allowing customers of the US telecoms giant to use 4G services when travelling to the UK.
The operator also promised that further roaming deals would be announced early next year.
Customers with existing M2M applications will start to consume more data just as high-speed devices are adopted for particular M2M services for the first time.
Those are among AT&T’s (Dallas, TX, USA) headline predictions of the way the M2M market will develop in 2014.
According to Mobeen Khan, the executive director of mobility marketing for AT&T Business, companies that have already adopted M2M services will be keen to extract more from them in future.
Indian operators Bharti Airtel and Reliance Jio Infocomm have announced a network-sharing plan aimed at avoiding “duplication of infrastructure” and lowering costs.
The companies said they would share inter- and intra-city fiber-optic networks, submarine cable networks, towers, internet broadband services and other technologies that might emerge in future.
Besides avoiding duplication and freeing up capital for other projects, the operators said that comprehensive network sharing would help to “preserve the environment”.
Set to launch a ‘gigabit’ fiber-based service in Austin, Texas this week, US telecoms giant AT&T is reportedly considering plans to extend the deployment of super-fast broadband services to other cities in the country.
According to a report from the UK’s Financial Times newspaper, Randall Stephenson, the operator’s chief executive, told attendees at an investor conference in New York that he saw “lots of other opportunities around the country … for Austin-type projects”.
French telecoms incumbent Orange has announced it is working with carmaker Renault on a research project investigating the automotive uses of 4G connectivity.
The partnership has already seen Orange (Paris, France) deploy 4G services at Renault’s (Boulogne-Billancourt, France) research and testing facilities, with both companies aiming to test new applications supported by the high-speed technology, ranging from virtual office and cloud gaming to video conferencing.