On Monday, Kenya announced that it invites investors interested in partnering with the country to build a fourth-generation Long Term Evolution (LTE) services network, as it plans to ramp up investment in the country's telecoms industry.
With the telecom trading market at a critical inflection point, there is tremendous demand for services causing a flood of new suppliers – all looking to make a quick profit. For buyers, this means an ever-increasing volume of services from which they can choose.
In 2001, with only five employees, IneoQuest endeavored to become a dominant video quality and service assurance provider and quickly plied its wares to several of the top 25 service providers in North America. As the firm enters its second decade of business, and with 142 employees, this Mansfield, Massachusetts, company rides a dramatic rise in the demand for video monitoring, reporting increased sales revenue of 400% in the last 5 years.
Shortly after the U.S. government moved to block AT&T’s (Dallas, Texas, U.S.A.) $39 billion deal to buy T-Mobile USA, a unit of Deutsche Telekom AG (Bonn, Germany), AT&T issued a statement making it rather apparent that the service provider did not know about the governments intensions beforehand.
In the statement AT&T says they are “surprised and disappointed” by the government’s actions, especially after AT&T met with the Department of Justice (DOJ), who gave no indication that an action was being considerate by the government.
On Monday, Orange Business Services (Paris, France) announced it will increase the capacity of its Latin American network by ten times due to growing demand from its multinational enterprise customers. According to the company, implementation will begin in October 2011, covering Brazil and Chile, followed by Argentina, Peru and Panama. The network, which now has a capacity of around 620 Mbps (megabits per second), will increase to 10 Gbps (Gigabits per second) in an expansion that has several phases, according to Orange.
The U.S. government filed to block AT&T's (Dallas, Texas, U.S.A.) $39 billion deal to buy T-Mobile USA because of anti-competition concerns, launching the biggest challenge to a takeover by the Obama administration.
A failed deal would be expensive for AT&T, which plans to fight the government's decision in court. It promised to pay a breakup fee worth an estimated $6 billion, including $3 billion in cash, spectrum and a roaming agreement for T-Mobile USA.
Google Inc's (Mountain View, Calif., U.S.A.) acquisition of Motorola Mobility Holdings Inc (Schaumburg, Ill., U.S.A.) will bring an unusual stable of tax and accounting benefits to the search-engine giant. The deal also underscores a trend by technology companies to snap up patents in a bid to stave off competitive threats and patent-infringement lawsuits. Google's patent portfolio is seen as one of the weakest in the industry.
SK Telecom (Seoul, South Korea), the top mobile carrier in South Korea, said on Monday it beat rival KT Corp in an auction for the license for the 1.8 GHz spectrum band for $920 million, more than double the initial bid price.
The auction for the so-called "golden spectrum" for next generation Long Term Evolution (LTE) services was hotly contested by the two mobile operators struggling to grab a bigger share of the growing smartphone market.
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AT&T Inc (Dallas, Texas, U.S.A.) said on Wednesday that the U.S. Federal Communications Commission (FCC) has requested more information about its acquisition of T-Mobile in relation to its commitment to expand high-speed wireless services to 97% of all Americans.
"Requests from the FCC staff for additional information are to be expected given the detailed review they are undertaking," AT&T spokesman Michael Balmoris said.