China Mobile Communications Corp (Beijing, China) and Clearwire Corp (Kirkland, Wash., U.S.A.) have teamed up to develop high-speed mobile devices and infrastructure, potentially giving the cash-strapped U.S. 4G operator a technological boost.
Shares of Clearwire closed up 7% at $2.73 after the news as investors bet that Clearwire's collaboration with China Mobile, the world's largest wireless operator, decreased the risks around Clearwire's future technology choice.
On Tuesday, the U.S. Federal Communications Commission (FCC) issued a public notice stating that more GPS interference tests are needed before LightSquared (Reston, Va., U.S.A.) can begin operations of its 4G-LTE nationwide wireless broadband network.
On Tuesday, the U.S. Commerce Department's National Institute of Standards and Technology (NIST) and the European Union's (EU) Smart Grid Coordination Group (SG-CG) jointly announced their intention to work together on smart grid standards development, emphasizing common goals and areas of focus.
In a recent study conducted by research consultancy Market Strategies International (Livonia, Mich., U.S.A.), consumers rated energy smart metering and health monitoring as the two most appealing M2M solutions in the marketplace,
AT&T Inc (Dallas, Texas, U.S.A.) and T-Mobile USA, who is owned by Deutsche Telekom AG (Bonn, Germany), fought back against the Justice Department's challenge to their proposed merger, arguing the deal would "usher in more intense competition."
AT&T and T-Mobile argued in a federal court filing on Friday that the massive $39 billion deal would free up spectrum and create new capacity for Americans whose mobile devices are transmitting increasingly large amounts of data.
Silicon Valley is home to some of the most powerful technology companies in the world. Microsoft, Google, Apple, Intel, Sony, IBM and Oracle all headquarter in and around the Silicon Valley, and many of those companies started and built their company there. With so many technology companies headquartered in the area, it makes sense that Vodafone (London, England) decided to launch a Research and Development (R&D) Center in that same location.
This conference briefed telecom and enterprise executives on current trends revolving around the explosive growth in machine-to-machine communications (M2M). Three panel sessions explored major current issues, including security for embedded devices, M2M in social networks, and the integration of M2M deployments with backbone ERP software.
Download presentations from this years M2M Conference at CeBIT.
Sprint Nextel (Overland Park, Kan., U.S.A) sued to stop AT&T Inc's (Dallas, Texas, U.S.A.) $39 billion purchase of T-Mobile USA (Bonn, Germany), staking out its own private antitrust claims alongside the U.S. government's challenge to the deal.
Sprint may have filed its own case in the event that the Justice Department comes to a settlement with AT&T, said Eleanor Fox, a professor at New York University School of Law.
"It may want to have its action out there just in case," she said.
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 2009, the American Recovery & Reinvestment Act (ARRA) set aside $11 billion for smart grid investment. The U.S. Department of Energy (DoE) began distributing $3.4 billion of these ARRA funds in 2009 in the form of government grants, which were to be matched by $4.7 billion in private investment, according to the DoE. These grants were to be used for over 100 projects in 49 of 50 states, and the DoE immediately distributed $47 million to eight ongoing projects.