The Oil and Gas Cyber Security conference will feature senior industry experts from an array of Oil and Gas companies and technology authorities sharing their insights on the latest technologies to help deal with emerging cyber threats.
San Antonio, Texas:
The 13th Annual Outage Response & Restoration Management Conference will be a two and a half day, utility industry focused event, specific to those within Outage Management, Storm Response, Transmission & Distribution and Emergency Preparedness.
Huawei Technologies Co Ltd, the world's second largest telecom equipment maker, said on Wednesday it was on track to achieve 10 percent revenue growth in 2013 after posting a 10.8 percent increase in first-half sales.
Huawei (Shenzhen, China) also said it expected to generate a net profit margin of 7-8 percent in 2013, compared with about 7 percent in 2012, according to Reuters' calculations. The company did not give other figures in its brief statement.
Cisco Systems Inc said on Tuesday it plans to purchase cybersecurity company Sourcefire Inc for $2.7 billion, a deal that analysts say should spark more acquisitions in the industry as large vendors seek to profit from growing demand for IT security.
Cisco (San Jose, CA, USA), which has been seeking targets to boost its network security business, said it will pay $76 per share in cash for Sourcefire (Columbia, MD, USA), a premium of 28.6 percent over its closing price on Monday of $59.08.
Vodafone-controlled Vodacom has agreed a deal to sell infrastructure it operates in Tanzania to Helios Towers Tanzania (HTT), an African infrastructure company whose investors include George Soros, Madeleine Albright and Jacob Rothschild, according to a report from the Financial Times.
The deal will see Vodacom transfer 1,149 towers to HTT and is valued at approximately $75 million, although Vodacom (Johannesburg, South Africa) is reportedly to acquire a 25% stake in HTT as well.
Two security experts said they have figured out how to spy on Verizon Wireless mobile phone customers by hacking into devices the U.S. carrier sells to boost wireless signals indoors.
The finding, which the experts demonstrated to Reuters and will further detail at two hacking conferences this summer, comes at a time of intense global debate about electronic privacy, after top-secret U.S. surveillance programs were leaked by a former National Security Agency contractor, Edward Snowden, last month.
Fiber optic network provider Level 3 Communications Inc said a 2003 network security agreement signed by its unit Global Crossing did not include any provision for unauthorized surveillance by U.S. government agencies.
The Washington Post reported last week that the deal allowed Team Telecom, a collection of U.S. government agencies, to access data transferred through Global Crossing's (Hamilton, Bermuda) fiber-optic backbone that connects several countries.
Alcatel-Lucent has won a deal in Ghana to roll out what it claims will be the first 4G network in Western and Central Africa.
The operator is to build the network for local operator Surfline Communications (Accra, Ghana), which believes there is a pent-up demand for higher-speed services in the country.
Describing itself as a “data-centric communications provider”, Surfline says it will address national requirements for broadband connectivity that will contribute to Ghana’s social and economic growth.
Italian phone incumbent Telecom Italia has won support from Italy’s regulator for its plans to spin off its fixed-line business, reports Reuters.
In a speech to the Italian parliament, Angelo Marcello Cardani, the president of regulatory authority AGCOM, is reported to have praised the plans, saying that a broad and deep separation would pay regulatory dividends.
Telecom Italia’s board approved the separation scheme in May and will hope the move helps the operator to slash its substantial debt of more than €28 billion ($35.8 billion).
Talks between China and the United States on cyber security, overshadowed by revelations of U.S. electronic surveillance by former spy agency contractor Edward Snowden, have gone well, state media said on Wednesday, with both sides pledging to improve cooperation.
Cyber security is one of the main topics for high-level talks this week between the world's two largest economies, as both countries trade accusations about hacking attacks on each other.