Juniper Networks Inc is reviewing its enterprise-focused networking business after talks fell through late last year to sell assets, including security unit NetScreen Technologies, several sources close to the matter told Reuters.
German telecoms incumbent Deutsche Telekom and IT giant IBM are to combine their M2M expertise with the aim of creating more sophisticated smart-city services.
The two companies say they want to help cities make “smarter use of heir services through intelligent data capture and analysis”.
Their technology could be used to support a number of city services, they say, including intelligent traffic management, route optimization, bus or train arrival prediction and parking space management.
Streaming music service Spotify has partnered with Ford Motor Co
Owners of Ford (Dearborn, USA) models with SYNC AppLink can access Spotify's catalog of more than 20 million songs through voice activation using its smartphone app.
The deal, announced by both companies on Monday, is Spotify's first collaboration with an automaker.
PayPal launched a European version of its PayPal Here mobile payments service for small merchants on Thursday as the online payments division of eBay Inc steps up competition with rivals, including Square Inc.
PayPal (San Jose, USA) unveiled a new device, about the size of a smartphone, that allows small merchants to accept credit and debit cards under a more-stringent and complex system in Europe known as Chip and PIN.
The gadget connects to a new PayPal app that merchants can run on Apple Inc (Cupertino, USA) iPhones and Android-based smartphones.
Verizon Wireless expects to sign its first international roaming agreement later this year for customers of its fastest wireless service who travel overseas, according to a top executive for the No. 1 U.S. mobile provider.
While Verizon Wireless (New York, USA) has 200 partnerships with overseas operators for its older, third-generation mobile service, it has not yet been able to set up agreements for its fourth-generation Long Term Evolution (LTE) data service, which was first offered in the United States in late 2010.
British mobile operator Vodafone said it did not need to sell part of its stake in its highly profitable Verizon Wireless joint venture in the United States to bolster its business in Europe.
Chief executive Vittorio Colao told reporters on Monday Vodafone (Newbury, UK) had a healthy balance sheet and could invest when it needed to, adding it could step up its range of services without having to make acquisitions.
Nokia-Siemens Networks is mounting an expansion drive in North America where the world's third-largest telecom equipment maker believes a spate of deal-making among mobile carriers will play out in its favor.
Chief Executive Rajeev Suri said deals by Japan's Softbank (Tokyo, Japan) to buy 70 percent of Sprint Nextel Corp (Overland Park, USA) for $20 billion, and Deutsche Telekom's (Bonn, Germany) purchase of MetroPCS (Richardson, USA) was an opportunity for NSN to grab new U.S. business.
When the bosses of global mobile operators meet in Barcelona this week, there will be an elephant in the room: the widening gap between fast-growing and richly-valued U.S. telecoms companies and their ailing European counterparts.
A overcrowded market, tough regulations and recession are hampering European telcos' ability to invest in faster networks, increasing the risk that the region's flagging economy falls further behind the United States and parts of Asia.
Leap Wireless International Inc reported a 1.5 percent decline in quarterly revenue as it lost far more customers than Wall Street had feared, sending its shares down 7 percent.
The wireless service provider for budget-conscious customers who pay for calls in advance, said it lost 337,000 net customers in the fourth quarter. The average expectation on Wall Street was for losses of 55,000 customers, according to analysts.
T-Mobile USA, the No. 4 U.S. mobile provider, on Tuesday launched GoSmart Mobile, a nationwide prepaid wireless brand that will sell cellphone services to customers who want to pay for calls in advance.
The wireless operator, a unit of Deutsche Telekom AG (Bonn, Germany), has agreed to merge with smaller rival MetroPCS Communications (Richardson, USA). It is hoping to benefit from growth in the prepaid market to regain customers lost to rivals.