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.
Huawei Technologies Co Ltd (Shenzhen, P.R.C.), the world's second largest network equipment maker, expects its deals in the enterprise sector to total more than $7 billion by next year, banking on demand from key markets such as China, a senior executive said.
Huawei also plans to triple staff numbers at its enterprise unit to about 30,000 in the next three years from 10,000 expected by the end of this year, to compete with the likes of Cisco Systems Inc and Hewlett-Packard Co, with half in research and development.
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 Wednesday, equipment vendor Alcatel-Lucent (Paris, France) and telecom operator Telefónica (Madrid, Spain) announced an initiative to deliver 4G mobile broadband services in Europe with the deployment of LTE technology that will enable the launch of the first 4G wireless network in Spain.
Equipment vendor Cisco Systems Inc (San Jose, Calif., U.S.A.) slashed its long-term forecasts, acknowledging that it will find it harder to drive growth even after cutting thousands of jobs in a sweeping reorganization.
The cut, while sharp, was largely in line with Wall Street expectations and investors pushed Cisco's shares 2% higher, relieved that the overhaul was bearing fruit by reducing costs and setting Cisco on a path for slower but more stable growth.
In an exclusive interview with M2M Newsdesk, UPS’s Jim Medeiros, vice president of Shared Services, describes the company’s systems and the benefits realized with the broad deployment of telematics technology for fleet management. Real-time vehicular monitoring helped the shipping giant reduce the amount of fuel consumed per package in the United States by 3.3% and engine idling time by 15.4% in 2010. Data sensors track how vehicles perform mechanically, as well as a driver’s route and behavior behind the wheel.
Chipmaker Broadcom Corp (Irvine, Calif., U.S.A.) plans to buy NetLogic Microsystems Inc (Santa Clara, Calif., U.S.A.) for about $3.7 billion to expand its lineup of chips used in wireless network equipment to take advantage of growing demand for mobile data services.
The $50-per-share deal, which represents a premium of 57% over NetLogic's Friday close of $31.91 on the Nasdaq, sent NetLogic's shares soaring 50% on Monday. But Broadcom shares were down 2.5% at $32.60 as some investors questioned the steep premium.
High-profile launches from players such as Amazon, Google and Apple are expected to galvanize the growing market for consumer cloud mobility services, generating revenues reaching almost $6.5 billion per annum by 2016, a new report from Juniper Research (Hampshire, England) has found.
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.