Clearwire Corp (Kirkland, Wash., U.S.A.) is in talks with U.S. wireless operators, including AT&T Inc (Dallas, Texas, U.S.A.) and Verizon Wireless (New York), about selling network capacity while it also eyes raising new funding through equity, debt and vendor financing, according to top company executives.
Clearwire, which needs $900 million in new funding, is also open to selling wireless spectrum, but is not running a sale process, Chief Financial Officer Hope Cochran told Reuters.
If AT&T Inc (Dallas, Texas, U.S.A.) fails to convince U.S. regulators that its proposed purchase of Deutsche Telekom AG's (Bonn, Germany) T-Mobile USA should go ahead, the pair may end up having to settle for a lesser relationship. While it wouldn't be as attractive as an all-out marriage, a network partnership would sidestep the regulatory heat and give the spectrum-hungry companies more capacity to support high-speed wireless services, according to analysts.
Chris King, Chief Regulatory Officer at eMeter (San Mateo, Calif., U.S.A.), a global smart grid software platform provider, is urging policymakers to adopt a universal smart grid vision for consumers in response to slow deployment of consumer-oriented smart meter functionality.
On Thursday, Sprint (Overland Park, Kan., U.S.A.) a U.S. mobile operator, announced that it would be discontinuing its Premier program by gradually phasing it out over the next few months. The Premier program, implemented in 2009, allowed customers of over 10 years or customers who spent a certain amount of money per month on their wireless plan, privileges such as early and discounted phone upgrades and trials of unreleased products.
China Mobile Communications Corp (Beijing, China) and Clearwire Corp (Kirkland, Wash., U.S.A.) have teamed up to develop high-speed mobile devices and infrastructure, potentially giving the cash-strapped U.S. 4G operator a technological boost.
Shares of Clearwire closed up 7% at $2.73 after the news as investors bet that Clearwire's collaboration with China Mobile, the world's largest wireless operator, decreased the risks around Clearwire's future technology choice.
On Tuesday, the U.S. Federal Communications Commission (FCC) issued a public notice stating that more GPS interference tests are needed before LightSquared (Reston, Va., U.S.A.) can begin operations of its 4G-LTE nationwide wireless broadband network.
On Tuesday, the U.S. Commerce Department's National Institute of Standards and Technology (NIST) and the European Union's (EU) Smart Grid Coordination Group (SG-CG) jointly announced their intention to work together on smart grid standards development, emphasizing common goals and areas of focus.
In a recent study conducted by research consultancy Market Strategies International (Livonia, Mich., U.S.A.), consumers rated energy smart metering and health monitoring as the two most appealing M2M solutions in the marketplace,
AT&T Inc (Dallas, Texas, U.S.A.) and T-Mobile USA, who is owned by Deutsche Telekom AG (Bonn, Germany), fought back against the Justice Department's challenge to their proposed merger, arguing the deal would "usher in more intense competition."
AT&T and T-Mobile argued in a federal court filing on Friday that the massive $39 billion deal would free up spectrum and create new capacity for Americans whose mobile devices are transmitting increasingly large amounts of data.
Silicon Valley is home to some of the most powerful technology companies in the world. Microsoft, Google, Apple, Intel, Sony, IBM and Oracle all headquarter in and around the Silicon Valley, and many of those companies started and built their company there. With so many technology companies headquartered in the area, it makes sense that Vodafone (London, England) decided to launch a Research and Development (R&D) Center in that same location.