Deutsche Telekom aims to return to rising subscriber numbers and earnings growth at its T-Mobile USA unit after a deal to sell it for $39 billion to AT&T fell through, the company's chief said on Thursday.
Qualcomm Life Inc., a wholly owned subsidiary of Qualcomm Incorporate, and Orange Business Services, on Thursday announced a collaboration in which Qualcomm Life will use Orange Business Services' M2M connectivity services in Europe to connect health care providers and patients and enable secure remote monitoring for various chronic diseases.
On Monday, Verizon Enterprise Solutions and Motorola Solutions announced the two companies will work together to help grow machine-to-machine (M2M) connections, and deliver vertical enterprise services with wireless data and voice.
This week, Chinese telecom equipment makers Huawei and ZTE both announced separate extensions to partnerships in the U.S.
Huawei (Shenzhen, P.R.C.) announced that it will grant contracts totaling $6 billion to Qualcomm, Broadcom and Avago (San Jose, Calif., USA), three California-based communications technology companies which Huawei has worked with in the past.
LightSquared Inc., the wireless company backed by hedge fund manager Philip Falcone, said on Tuesday it plans to lay off nearly half of its employees to save money.
LightSquared (Reston, Va., USA) said it will cut 45% of its 330-employee workforce and called the planned move a "prudent and necessary cost savings measure to ensure the long-term success of the company."
On Monday, LightSquared failed to pay $56 million it owed to a British satellite partner Inmarsat.
Apple Inc. has signed a deal with China Telecom to sell its iPhone in China as it looks to boost its share in one of the world's biggest mobile phone market. China Telecom plans to offer the iPhone starting next month.
While Apple (Cupertino, Calif., USA) has now signed up with two of China's big three carriers, the largest, China Mobile Ltd (Beijing, P.R.C.), with more than 600 million subscribers, doesn't yet have compatible technology.
Shares of wireless service provider Clearwire Corp rose 5% on Wednesday following a U.S. government decision to block start-up LightSquared from building a rival wireless network.
Late on Tuesday, regulators said there was no solution to interference problems the LightSquared (Reston, Va., USA) network would have caused with critical services that rely on the Global Positioning System (GPS), including aviation.
U.S. and European regulators approved Google Inc's $12.5 billion purchase of Motorola Mobility Holdings Inc and said they would keep a sharp eye on the web search giant to ensure patents critical to the telecommunications industry would be licensed at fair prices.
Siemens Smart Grid Division and TIBCO Software Inc. will provide smart grid enterprise integration services to Consolidated Edison (Con Edison), a utility company that provides electric, gas and steam service to more than three million customers in New York City and Westchester County, for a smart grid demonstration project.