The two conference sessions addressed questions about enterprise applications in the exploding field of M2M, or the Internet of Things. Moderated by Beecham Research CEO Robin Duke-Woolley, the sessions covered topics such as Long Term Connectivity, Small Vs Large Deployments, and Customer Service.
SAN FRANCISCO (Reuters) - Planet Labs, a San Francisco-based private satellite operator founded by former NASA scientists, said on Tuesday it had raised $95 million to help build its business of selling satellite images and data to customers.
Data Collective, whose partner Zachary Bogue will join Planet Labs' board, led an equity funding round of $70 million. Western Technology Investment provided a debt facility of $25 million. All existing investors, including SpaceX backer Draper Fisher Jurvetson and Russian billionaire Yuri Milner, participated in the latest equity round.
(Reuters) - Dish Network Corp said it plans to take part in the U.S. Federal Communications Commission's large sale of low-frequency airwaves planned for mid-2015, according to a filing disclosed on Wednesday.
Dish's Chairman Charlie Ergen and other executives met with the FCC's Chairman Tom Wheeler, four commissioners and numerous wireless officials on Monday, giving the most explicit pledge so far by the satellite TV provider to "meaningfully participate" in the so-called "incentive" auction.
WASHINGTON (Reuters) - U.S. lawmakers grilled AT&T Inc and DirecTV on Tuesday over a proposed merger that some Democrats and public interest groups fear will result in higher costs and less competition.
The chief executives of the No. 2 wireless carrier and the largest U.S. satellite TV service provider testified about their proposed $48.5 billion deal at hearings in the House of Representatives and the Senate, and said the scale the merger would allow them to save on the high costs of negotiating rights to video content.
In the telecommunications sector, there are two things of which we can be certain. The first is that change is constant. The second is that we will consume more data tomorrow than we did today.
The exploding popularity of entertainment options – combined with the increased availability of smart phones, tablets and laptops – has dramatically transformed how we consume content and communicate with one another.
If DirecTV is unable to strike a deal with the National Football League to renew the satellite TV operator's contract to offer the popular NFL Sunday Ticket football package, AT&T Inc can pull out of the merger, according to a regulatory filing.
In a filing related to the merger, the companies said, "the parties also have agreed that in the unlikely event that the Company's agreement for the 'NFL Sunday Ticket' service is not renewed on substantially the terms discussed between the parties, AT&T (Dallas, TX, USA) may elect not to consummate the merger."
Satellite operator Iridium says growing interest in M2M services boosted sales and profits during the first three months of the year.
The company’s revenues rose by 10%, to $98 million, compared with the first quarter of 2013, while net income increased from $14.9 million to $16.5 million over the period.
Iridium (McLean, VA, USA) also ended the quarter with 674,000 billable subscribers, compared with 621,000 in March 2013, and said the strength of its M2M offerings was partly responsible for the increase.
Satellite player Orbcomm and analytics specialist Savi have won a five-year US Department of Defense contract as the sole providers to the $204 million RFID-IV program.
Under the deal, the two companies will provide satellite and RFID tags as well as other sensor technologies using Orbcomm’s (Rochelle Park, NJ, USA) global communications network.
The technologies will allow government customers to monitor the location of their cargo and send real-time alerts if there is a security breach or other anomaly.
Satellite player SpeedCast says it has opened a new maritime facility in Singapore as part of its global expansion.
The new facility is to focus on the delivery of services and support for the maritime market and will augment the company’s extensive network in the region, said SpeedCast in a statement.
SpeedCast provides a variety of services to maritime customers, including a VSAT service branded SeaCast that will support broadband connections on ships and also facilitate the use of remote M2M sensing.
Satellite and M2M specialist Orbcomm has acquired Euroscan Holdings in a bid to boost its presence in Europe’s transportation and heavy equipment sectors.
Euroscan (Hoensbroek, Netherlands) develops systems to monitor compliance with regulations on refrigerated transportation temperatures and serves customers in the global food and pharmaceuticals industries.
Orbcomm (Rochelle Park, NJ, USA) said the terms of the acquisition would be made available in forthcoming public filings, but it expects the takeover will strengthen its portfolio of services.