Verizon Wireless will start charging customers a $30 fee for cellphone upgrades, on top of the price they pay for the new device, as the company looks to supplement its income to cover costs.
The change at the biggest U.S. mobile provider follows a fourth-quarter decline in its wireless profit margins, which came under pressure from hefty subsidies it had to pay Apple Inc (Cupertino, Calif., USA) for the popular iPhone. Carriers pay such subsidies because devices like the iPhone help to attract new customers and boost revenue.
UnitedHealthcare has donated $700,000 to the California Telehealth Network to help expand telemedicine training and provide technical support for rural and medically underserved clinics and hospitals in California.
Sensus, a provider of smart grid infrastructure technologies for electric, gas and water utilities, last week announced it has invested $6.5 million for a 15% stake in Navetas Energy Management in order to have exclusive rights to market its technology in the United States.
Navetas’s (Suffolk, U.K.) patented energy management software allows consumers to monitor the electricity consumption of discrete devices on their premise.
Leap Wireless International, Inc., a provider of wireless communications services, announced on Monday that it has entered into definitive license exchange agreements with T-Mobile USA, Cook Inlet/VS GSM VII PCS, a joint venture between T-Mobile and Cook Inlet in which T-Mobile has a non-controlling majority interest, and Leap's non-controlled, majority-owned venture Savary Island Wireless, to exchange wireless spectrum in various markets.
About 40,000 AT&T Inc workers or 15% of employees could walk off the job as early as Sunday after giving their union the authority to call a strike, if labor negotiations on a range of issues from healthcare costs to job security turn sour.
The Communications Workers of America said on Tuesday that workers had voted to authorize a strike in case it fails to reach an agreement with AT&T (Dallas, Texas, USA) by midnight on Saturday April 7 when four labor contracts expire.
After months of devastating setbacks, wireless network startup LightSquared is considering filing for bankruptcy, according to founder and hedge fund manager Philip Falcone on Wednesday.
Falcone, who’s Harbinger Capital Partners is majority owner of the wireless startup, said bankruptcy could help salvage LightSquared (Reston, Va., USA) by providing more time to deal with its many problems, reports Reuters.
On Tuesday, Siemens Industry, Inc. and Streetline, a provider of smart parking services, announced an advanced parking service combining smart parking meters, sensors and applications to provide cities with parking options for residents and visitors while reducing traffic congestion in downtown areas.
Smart Cities are potentially the next sizeable economic opportunity, not only for operators, but also for city governments. Cities of all sizes, ranging up to eight million people, have been testing and deploying smart applications and services to increase efficiencies and improve the quality of life for residents and businesses. Small cell network technology can be deployed to build a sphere of wireless coverage encompassing entire segments of a city, including indoor facilities and other venues that often fall into coverage gaps or are just too costly for macro network deployment.
Inmarsat said on Tuesday that struggling U.S. telecoms company LightSquared had not made another payment owed to the British satellite firm for licensing part of its spectrum in North America.