Apple Inc, Nokia and Qualcomm Inc are among several technology companies pondering bids for wireless technology manufacturer InterDigital Inc (King of Prussia, Pa., U.S.A.), sources familiar with the situation said. The auction is expected to be heavily contested as giant technology companies fight to shore up patent portfolios.
Shares in InterDigital, which has a market value of about $3 billion, leaped as much as 12.2% on the news, but it quickly backtracked and was up $4.38 or 6.8% at $68.41 in afternoon trade.
The three largest German telecom operators, Telefónica O2, Deutsche Telekom and Vodafone, plan to enter a joint venture to register their payment service mpass as its own company and have signed a letter of understanding, according to the companies. The new company is due to begin operating as early as this year.
On Tuesday, AT&T revealed both the launch date and data pricing for its first two LTE devices. The USBConnect Momentum 4G and the Mobile Hotspot Elevate 4G will be launched on August 21, 2011. According to AT&T, the monthly data rate for 5 gigabytes of data is $50 with a $10 charge for any addition data consumed.
The two LTE devices will operate on the 4G LTE network. According to AT&T, if a customer moves outside the LTE network the device will default to the HSPA+ network, which provides 4G speeds that are up to four times faster than mobile broadband speeds.
On Tuesday the WiMAX Forum (Beaverton, Ore., U.S.A.), a nonprofit organization promoting the adoption of WiMAX, announced that WiMAX technology has surpassed 20 million global subscribers.
Asian handset makers using Google Inc's (Mountain View, Calif., U.S.A.) Android operating system might turn to rival platforms such as Microsoft Corp's (Redmond, Wash., U.S.A.) Windows after Google upended the mobile landscape with its $12.5 billion bid for Motorola Mobility Holdings (Libertyville, Ill., U.S.A.).
Google Inc. (Mountain View, Calif., U.S.A.) announced on Monday the acquisition of hardware maker Motorola Mobility Holdings Inc (Libertyville, Ill., U.S.A.) for $12.5 billion, or $40.00 per share in cash.
The transaction was unanimously approved by the boards of directors of both companies. Motorola Mobility will remain a licensee of Android and Android will remain open, and according to Google Motorola Mobility will run as a separate business.
Consumers will be able to text and send multimedia messages to 9-1-1 emergency call centers under a new plan from the U.S. Ferderal Communications Commission (FCC).
FCC Chairman Julius Genachowski unveiled a plan on Wednesday to help emergency response communications catch up to technically advanced mobile devices.
"It's hard to imagine that airlines can send text messages if your flight is delayed, but you can't send a text message to 9-1-1 in an emergency," Genachowski said.
Mountain View, Ca:
They are handsets, gadgets, phones, tablets and a bunch of other new device categories, but they all represent the place where the wireless industry touches its customer. As these gadgets become more powerful and consumers' expectations rise, both carriers and CE manufacturers are in the hot seat to make better gadgets and improve the consumer experience.
Members of the Telecom Council’s Service Provider and Investor Forums meet quarterly to hear startup pitches and to discuss current trends. This quarter, we will introduce 10 pre-screened, Swedish startups to the carrier, vendor, and telecom VC community. Dialogue before and after presentations, during breaks, and over lunch ensures that all participants have an opportunity to connect.
Telematics China Summit 2011 with the main theme of "Innovation, Application & Commercialization", organized by Genesis Resourcing Consulting China, is going to be held on 8 & 9 September, 2011 at Pudong Ramada Plaza Shanghai, China. This two-day conference and exhibition will gather 200+ decision makers and industry gurus from worldwide Auto OEMs, Hardware/Device Manufactories, Solution Companies, Service Providers, Application Manufactories, Wireless & Telecom Companies, Consulting Firms, Research Institutes and Governments Apparatus to create win-win business models for China Telematics economy.