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.
HP Enterprise Services on Tuesday announced it has been selected by the U.S. Army to provide the Department of Defense and other federal agencies with enterprise cloud computing services under the Army Private Cloud contract (APC2).
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.
Echelon Corporation, a provider of energy control networking for the smart grid, and Holley Metering Limited, a smart metering vendor in China, on Tuesday announced an agreement under which the two companies will form a new joint venture company in China, Zhejiang Echelon-Holley Technology Co., Ltd. (Echelon-Holley), to focus on the development and sales of advanced smart metering products for China.
Fitch Ratings, a global rating agency, expects smart meters will play a growing role in federal and state regulatory and political policymaking, future retail rate design and system reliability standards, according to a report published last week.