Sensus invests $6.5 million for 15% stake in Navetas

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, T-Mobile swap spectrum

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 workers may strike if talks fail

Reuters

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 awarded U.S. Army contract for cloud computing

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).

LightSquared considers filing for bankruptcy

Reuters

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.

Siemens, Streetline launch M2M parking services for cities

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.

Building smart cities with small cell networks: a U.S. perspective

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 says LightSquared payment not received

Reuters

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.


Cash-strapped LightSquared (Reston, Va., USA), which is backed by Philip Falcone's Harbinger Capital Partners, was scheduled to pay $29.6 million on March 31, Inmarsat (London) said in a statement.

Echelon, Holley Metering create smart grid joint venture in China

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.

Report: US utilities investment in smart meters driven by public policy

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.              

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