Telecom Council Entrepreneur Forum Lunch: Mobile Security

Start Date: 
Thursday, July 18, 2013
End Date: 
Thursday, July 18, 2013

Sunnyvale CA:

We've heard the security firms tell us for years that mobile is a massive security threat, but seen little in the way of attacks. But the increased use of mobile devices, the increased data stored therein, and the increasing use of BYOD into corporate environments means this threat could now have serious consequences. Join us for our lunch discussion as we discuss the real threats, some real cases, and the real opportunities in protecting people and enterprise from malicious attack.

Verizon Wireless to pay parents surprise $7 billion dividend


Verizon Wireless, the biggest U.S. mobile service provider, said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June, surprising some analysts who had not expected a big payout.

The dividend comes amid mounting speculation Verizon (New York City, NY, USA) could buy Vodafone's stake in the venture if they can agree on a price. Reuters reported on April 24 that Verizon was preparing a $100 billion bid for the stake but investors have said they expect Vodafone (Newbury, UK) to seek a higher price.

Telefonica and Dell partner on M2M-based mobile data service

Telefonica has teamed up with PC maker Dell to provide a ‘pay-as-you-go’ mobile broadband service for laptop and tablet computers equipped with M2M SIMs.

Under the Dell (Round Rock, TX, USA) NetReady service, consumers in Europe will be able to use 3G services on various Windows 7 and Windows 8 devices through an on-demand service.

The companies say the offer is aimed at companies that want to provide their employees with “fast and reliable connectivity, anytime and anywhere, paying only for what they need”.

Telit M2M module wins Sprint approval

M2M specialist Telit says one of its new modules has won the approval of Sprint for use on the operator’s US cellular network.

Telit (London, UK) says the new CE910-DUAL cellular M2M module is ideal for embedded applications requiring easy integration, but also suited to platforms based on Windows and Linux operating systems.

The manufacturer reckons it is particularly appropriate for applications such as vending, tracking, smart metering and telematics.

Exclusive: Softbank asks banks not to finance Dish's Sprint bid


SoftBank Corp is playing it rough in its attempt to keep Dish Network Corp from breaking up its $20.1 billion deal to take control of Sprint Nextel Corp.

The Japanese telecom company, which owns 33 percent of Alibaba Group Holding Ltd (Hangzhou, China), has told banks that their financing of Dish's $25.5 billion rival offer for Sprint (Overland Park, KS, USA) could hurt their chances of landing a role in a highly anticipated public offering of the Chinese e-commerce giant, two sources familiar with the situation said.

AT&T targets prepaid sector with launch of Aio Wireless

AT&T seems determined to address its shortcomings in the US prepaid market, having unveiled a new brand called Aio Wireless for customers who want to avoid signing up to long-term contracts.

Announcing the availability of the service in selected stores across Houston, Orlando and Tampa, the operator said it expected to introduce the service in “multiple markets across the US over the next year”.

Network gear maker Cyan recoups losses in debut


Optical network equipment supplier Cyan Inc recovered early losses on its heavily traded market debut as investors look to its ability to reduce dependence on a single customer.

Nearly 3.5 million shares had been traded by 2.00 p.m. ET, making Cyan (Petaluma, CA, USA) the fifth most-traded stock on the New York Stock Exchange on Thursday afternoon.

The Petaluma, California-based company priced 8 million shares in the offering at $11 each, the mid-point of its planned price range, giving it a market valuation of about $490 million.

Deutsche Telekom sees net income rise, but revenues slip

German telecoms incumbent Deutsche Telekom has heralded signs of a turnaround in its US fortunes, and continued improvements in its domestic market, with net profit up 3.5%, to €564 million ($741 million), for the first three months of the year.

The bottom-line figure was boosted by a fall in depreciation and amortization costs in the USA.

Softbank to meet Sprint investors, many eye higher bid


SoftBank Corp President Masayoshi Son may get a frosty reception when he comes to the United States this week to meet Sprint Nextel Corp's major shareholders, as he tries to drum up support for the Japanese company's proposed takeover of the No. 3 U.S. wireless service provider.

AT&T forms M2M partnership with India's Wipro

US telecoms operator AT&T is to collaborate with Indian IT company Wipro on the development of M2M services for a variety of major industries.

Solutions developed by the two partners will use an M2M application platform from Axeda (Foxboro, MA, USA), with which AT&T (Dallas, TX, USA) already has a relationship.

“Customers are turning to us to make their M2M connectivity easy to manage and monitor in virtual real-time,” said Mike Troiano, the vice president of advanced mobility solutions for AT&T Business Solutions.

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