(Reuters) - Search engine Google Inc and five Asian telecom and communications companies have agreed to invest about $300 million to develop and operate a trans-Pacific cable network connecting the United States to Japan.
To be named "FASTER," the cable network will have an initial capacity of 60 terabits per second and will connect Los Angeles, Portland, San Francisco, Oregon and Seattle to Chikura and Shima in Japan.
With the introduction of the iPhone in 2007 came the beginning of a global mobile revolution. Since then, mobile computing has transformed every aspect of our lives with smartphones and tablets outselling laptop computers as the primary means of network communication. In fact, this growth will only accelerate in the coming years, as the next wave of mobilization will create even more data from enterprise mobility, wearable computing and the Internet of Things (IoT).
PARIS (Reuters) - Telecoms operator Orange's investment in faster fiber and mobile broadband networks in its French home market has started to pay off, as its high-end focus insulates it from cut- price fixed plans offered by rival Bouygues.
As France's largest carrier reported second-quarter results in line with forecasts on Tuesday, it said that some 60 percent of new mobile customers were signing up for high-end plans that include 4G and that 50,000 new customers had signed up to its fiber broadband offers, taking the total to 415,000.
TOKYO (Reuters) - Japan's KDDI Corp and SoftBank Corp said bigger rival NTT DoCoMo Inc (DoCoMo) could gain too much control of the wireless telecommunications business should DoCoMo's parent offer its fibre-optic broadband for resale.
Former state monopoly Nippon Telegraph and Telephone Corp (NTT) in May said it planned to sell its fibre-optic broadband to mobile phone network providers, which can then re-brand the service and sell it together with mobile phone contracts.
(Reuters) - U.S. businesses' burgeoning demand for data and video is fueling a revival in fiber optic services, an industry once decimated by overbuilding during the dotcom era.
The recovery is leading to a number of acquisitions as the largest telecom companies duke it out with cable operators and telecom providers such as Level 3 Communications Inc to serve corporate customers.
(Reuters) - Google Inc is considering an investment in a new cable across the Pacific Ocean, the Wall Street Journal reported citing people familiar with the matter.
The move comes as technology companies send an increasing amount of traffic across private networks, the report said. (on.wsj.com/1isOMAv)
Google took a stake in a similar $300 million cable in 2010, according to the report. The Internet search company would use the new subsea cable to connect data centers in Oregon and Japan, the report said.
Level 3 Communications Inc will buy internet services provider tw telecom Inc for more than $5.6 billion in cash and stock to expand its commercial fiber network in the United States.
The $40.86 per-share deal represents a premium of 12 percent to tw telecom's Friday closing price on the Nasdaq. The total deal value is based on outstanding shares as of April 30.
Tw telecom shares, which have not traded over $40 since 2001, reached an intraday high of $40.51.
Service providers are looking to compete more effectively today, while preparing their networks to support more dynamic, on-demand and customized service options in the coming years. With ubiquitous fiber and Carrier Ethernet standardization, a key area of differentiation for carriers is service deployment speed and service-level agreements (SLAs).
New service automation software is emerging that helps carriers evolve their network and OSS toward an on-demand service delivery capability that provides flexibility for easy service upgrades or changes as a customer grows.
UK fixed-line incumbent BT has unveiled plans to spend another £50 million ($82.6 million) on extending fiber broadband services to homes and businesses over the next three years.
In a statement, the operator said the extra investment would benefit more than 30 cities in the UK and more than 400,000 additional premises.
It will mainly focus on equipping city cabinets that were not part of BT’s (London, UK) original plans, deploying fiber to cabinets that serve apartment blocks and laying additional fiber to new build sites in cities.
Sweden’s TeliaSonera has announced several acquisitions aimed at boosting its presence in the country’s high-speed broadband market.
In a statement, the operator said it had spent a total of SEK473 million ($72 million) on controlling stakes in fiber players Zitius, Quadracom Networks and Riksnet.