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.
Verizon Communications Inc. (New York) announced last week that it has acquired CloudSwitch, a provider of cloud software technology, in a deal that will simplify the move to the enterprise cloud and help to boost industry adoption, says the company Terms of the deal were not disclosed.
Verizon plans to combine CloudSwitch, a privately held company based in Burlington, Massachusetts, with its Terremark IT services subsidiary, which aims to enhance Verizon's hybrid-cloud and cloud-to-cloud capabilities, according to the service provider.
A new telestroke program at Memorial University Medical Center (MUMC) (Savannah, Ga., U.S.A.) is providing stroke assistance in rural regions of Georgia. Utilizing real-time audio and video conferencing, neurologists at MUMC can assess a patient and communicate treatment plans with doctors in regions that do not have a neurologist available, says the hospital.
According to an MUMC spokesperson, the program anticipates performing about 100 acute patient consults a year with further growth in the future.
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Sprint Nextel (Overland Park, Kan., U.S.A.) will start selling the next version of the Apple Inc (Cupertino, Calif., U.S.A.) iPhone in mid-October, according to a report in the Wall Street Journal that cited unnamed sources.
This would make Sprint the third U.S. operator to become a cellphone distributor for Apple. AT&T Inc and Verizon Wireless already sell the iPhone 4.
An estimated 45,000 Verizon Communications (New York) employees are set to end a two-week strike and return to work on Tuesday after the telephone company and unions said they reached an agreement to resume bargaining. Almost half of the workers in Verizon's wireline business went on strike on August 7 after talks for a new labor pact failed when their contract expired.