Major network operators in the telecom industry have reported quarterly earnings during the months of April and May. Telecom earnings varied in the first quarter of 2011, but the majority had a slight increase in revenue compared to the same quarter in 2010. Of the carriers mentioned in this summary, Verizon Communications saw an increase in its earnings in a large part due to its adoption of the iPhone.
Deutsche Telekom and iPass Inc. last week announced their partnership to create WiFi Mobilize, a new network services exchange for in-country and international roaming services. The exchange is designed to help carriers meet the accelerating demand from their customers for data services on smartphone and tablet devices, and to optimize their network investments. The partnership will provide a solution for new data offload, international roaming, and inter-standard traffic management services for GSM, CDMA and WiFi operators.
AT&T Inc plans to launch a wireless security srvice for consumers next year to help combat a big rise in cyber attacks on mobile devices, a top executive said.
As more people use smartphones like Apple Inc's iPhone and Google Inc's Android-based devices to download Web applications, John Stankey, the head of AT&T's enterprise business, said he had seen a big spike in security attacks on cellphones.
"Hackers always go to where there's a base of people to attack," Stankey said in an interview ahead of the Reuters Technology Media and Telecommunications Summit.
Movik Networks announced last week that it has been named to the annual Lead411 "Hottest Companies in Boston" list, designating it as one of the fastest growing technology companies of the year in Boston and surrounding areas. Lead411 researchers evaluated over 2100 companies, and found Movik to be amongst the "hottest," proven by their growth and financial stability in the marketplace.
Allot Communications Ltd., a leading supplier of service optimization and revenue generation solutions for fixed and mobile broadband service providers worldwide, announced Tuesday at LTE World Summit in Amsterdam, Netherlands, that its intelligent charging solution, Allot ChargeSmart, has been selected by a multinational mobile operator. The converged charging solution, which is built on Allot Service Gateway, will be deployed in nine countries, serving approximately 30 million subscribers.
Law firms Seeger Weiss LLP and Cohen Milstein Sellers & Toll PLLC announced Monday that the U.S. District Court of New Jersey has granted final approval to a proposed settlement of a consumer class action against telecom provider Vonage Holdings Corp. challenging the company's sales and marketing practices. The final settlement of In re Vonage Marketing and Sales Practice Litigation follows a fairness hearing on May 12, 2011. The settlement will likely provide dollar-for-dollar recovery to most settlement class members.
AT&T's proposed acquisition of T-Mobile USA Inc. for $39 billion still needs to clear regulatory hurdles, which leaves unanswered questions for the future. These questions deepened Monday when it was announced that RACO Wireless would remain the preferred M2M service provider for T-Mobile USA, and that John Horn, the national director of M2M for T-Mobile USA, would be leaving to serve as president at RACO Wireless, and bringing along most of his M2M staff.
AT&T will give Deutsche Telekom a break-up fee and benefits worth about $6 billion if regulators reject the proposed takeover of the German company's U.S. business, Deutsche Telekom said on Friday.
In March, when the $39 billion deal was disclosed, the companies said AT&T would pay the German group a record break-up fee of $3 billion, but they did not put a value on other parts of the agreement.
"$3 billion would flow directly in cash, but Deutsche Telekom would also receive spectrum and a national roaming agreement," a Deutsche Telekom spokesman said.
As hospitals, physicians groups and other healthcare providers expand their use of smartphones and tablets, they have unique security and privacy requirements far beyond those of general enterprises. Two Southern California companies – Nukona of San Diego and Integer Wireless of Newport Beach, Calif. – Wednesday announced a relationship designed to help healthcare organizations meet those needs quickly and cost-effectively.
Nuvel announced last week that vSOS, its personal emergency response application for smart phones is now available for Apple iPhone users to download at the iPhone App Store. Featuring patent-pending technology, vSOS is designed to provide users ranging from school age children to the elderly with help for medical emergencies, personal safety and accidents with the push of a button. Through its partnership with GEOS Alliance, the vSOS application provides emergency response services in North America, South America, and Europe.