Cisco reassures Wall Street on post-revamp earnings

Reuters

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.

UPS Worldwide Fleet Ops offer glimpse of best practices, standards

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 to buy NetLogic for $3.7 billion

Reuters

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.

Report: mobile consumer cloud revenues to reach $6.5 billion by 2016

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 fights back against U.S. in challenge of T-Mobile deal

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.

Vodafone launches R&D Center in Silicon Valley

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.

A new era for mobile cloud billing and payments

The ability to pay for goods and services using a mobile device has been around since the early days of the mobile industry. Initially, Premium SMS was used as the primary mechanism for mobile payments, mainly for digital goods such as ringtones and wallpapers. This was followed by WAP billing, which offered advantages such as a more streamlined user experience and the separation of the payment method and delivery channel. Both these mechanisms have enjoyed considerable success in the market and are still widely used today.

TIM Brazil says Telecom Italia not selling stake

Reuters

TIM Participacoes (Sao Paulo, Brazil), Brazil's second-largest wireless phone company, said on Tuesday its controlling shareholder Telecom Italia has no plans to sell part of its stake in the Brazilian company.

The statement from TIM Participacoes came in a securities filing responding to a report by newspaper Valor Economico that Telecom Italia (Rome, Italy) was preparing to sell some of its 67% stake in the local company, calling TIM Brazil, while retaining control.

Sprint sues to block AT&T, T-Mobile merger

Reuters

Sprint Nextel (Overland Park, Kan., U.S.A) sued to stop AT&T Inc's (Dallas, Texas, U.S.A.) $39 billion purchase of T-Mobile USA (Bonn, Germany), staking out its own private antitrust claims alongside the U.S. government's challenge to the deal.

Sprint may have filed its own case in the event that the Justice Department comes to a settlement with AT&T, said Eleanor Fox, a professor at New York University School of Law.

"It may want to have its action out there just in case," she said.

French court rejects call to stop wireless auction

Reuters

France's highest administrative court rejected a bid by telecom operator Iliad (Paris, France) to block the government's auction of fourth-generation mobile licenses.  Broadband provider Iliad had petitioned France's Conseil d'Etat for an emergency injunction to suspend the auction, set to begin on September 15, saying it was not fair to all telecom operators.

Syndicate content

Featured Reports

Global Connected Consumer Devices: Key Trends, Opportunities and Market Forecasts 2015 - 2020

An evaluation of Connected Consumer Device ecosystems, market drivers, constraints, and opportunities for value chain constituents
Learn More

 

End-to-End M2M, Seventh Edition
This report includes forecast data for the period 2014 – 2019 with analysis of key drivers, success factors, and industry dynamics.
Learn More

 

The Future of Cloud WAN
The emergence of cloud computing has put new demands on the WAN. Not only do customers demand highly robust and secure WAN connections, but they must also deliver new levels of flexibility and manageability.
Learn More