After months of speculation, Vodafone's
Chief executive for five years, Colao has said only that he has an "open mind" on Vodafone's 45-percent stake in the U.S. operator, whose majority owner, Verizon Communications
Telecoms giant America Movil has bolstered its presence in the US market with the acquisition of Start Wireless Group, a mobile virtual network operator (MVNO) with about 1.4 million customers.
The transaction was carried out through Tracfone, America Movil’s US subsidiary, but the terms and conditions have not been disclosed.
Start Wireless (Holland, OH, USA) operates under the Page Plus Cellular brand and specializes in prepaid plans for voice, messaging and data services.
Satellite operator Orbcomm has launched a new M2M asset tracking and monitoring device that is the first “self-powered” terminal it has developed.
The company says the device – the GT 1100 – is aimed at a variety of global markets, including the transportation and logistics, heavy equipment and oil and gas sectors.
A so-called “ruggedized” device, the GT 1100 has been designed to fit between indented spacing on intermodal containers and is also suited to tracking and monitoring trailers and other types of cargo assets.
The attitude of US consumers towards smart-grid and smart-meter technology improved over the course of 2012, according to a new survey from Navigant Research.
Utilities have struggled to communicate the benefits of these technologies to consumers, but doing so is critical if smart-grid programs are to succeed in the long term.
According to Navigant, however, last year there was a noticeable increase in favorable attitudes towards the concept of the smart grid in general and smart meters in particular.
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 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”.
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.
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 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”.
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.