Last month Apple Inc. (Cupertino, Calif., U.S.A.) came out with the iCloud, a cloud service unique to its products. Since then, more companies have been announcing their moves into the cloud computing business.
On Monday, Microsoft (Redmond, Wash., U.S.A.) CEO Steve Ballmer spoke at Microsoft’s annual Worldwide Partner Conference, and urged its partners to join Microsoft as it moves into cloud technology.
A judge last Thursday approved TerreStar Networks Inc's (Reston Va.) proposed $1.375 billion sale to Dish Network Corp (Meridian, Colo.), pushing the satellite communications company a major step closer to emerging from a 9-month stint in bankruptcy.
TerreStar had more than $1 billion of debt when it sought Chapter 11 protection last October.
The company, which tried to market the first satellite smartphone, had been coveted for its roughly 20 megahertz of spectrum.
With new phone hacking allegations against News of the World employees coming to light, questions over who is susceptible to voicemail hackings and what is being done to prevent future attacks are becoming increasingly important.
According to Sahba Kazerooni, the director of professional services at Security Compass, an information security firm, hackers are taking advantage of weak forgotten password questions.
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Bankrupt telecommunications firm TerreStar Networks Inc (Reston, Va.) is facing two objections to its proposed sale to Dish Network Corp (Meridian, Colo.), including one from the maker of its own geosynchronous satellite.
Space Systems/Loral Inc (Palo Alto, Calif), manufacturer of the TerreStar satellite currently orbiting the earth, filed court papers Tuesday in U.S. Bankruptcy Court saying the plan would pay it only a fraction of what is owed under three satellite contracts.
Huawei Technologies Co Ltd (Shenzhen, P.R.C), a manufacturer of handsets and network equiptment, aims to ship 20 million smartphones this year, an executive said on Wednesday.
In April, Huawei said it expected to ship between 12 million and 15 million smartphones, which run on Google's Android operating system. Last year, it shipped 3.3 million units.
LightSquared (Reston, Va.), a wholesale-only integrated 4G-LTE wireless broadband and satellite network, announced on Tuesday that it has raised $265 million in additional financing. The capital was drawn from both existing investors as well as new investors in the company.
According to LightSquared, the additional financing will be used for general corporate purposes, which includes constructing its 4G-LTE wholesale network. Over the last 12 months LightSquared has raised over $2.3 billion.
Philip Falcone’s Harbinger Capital has already put $3.1 billion into the company.
Maintaining customer satisfaction while creating efficient savings is crucial for telecom service providers, especially during a period of economic uncertainty. As every provider knows, meeting the service expectations of customers is critical.
Even if a customer’s experience has been largely neutral or positive, it is the few negative experiences that will stick in his mind. Telecom service providers can’t afford to neglect the impact of negative customer experiences associated with services.
Verizon Wireless (New York, N.Y.), a mobile service provider, will stop offering new customers unlimited data service plans starting on Thursday.
According to a Verizon spokesperson, Brenda Raney, existing customers can continue to use the unlimited plan they are already on, new customers will have to use one of the new data plans.
On the new data plans Verizon Wireless plans to charge $5 more per month than AT&T Inc, which stopped offering unlimited data services last year.
Vodafone (London, England), a mobile operator, could receive an annual dividend of $5.5 billion from its stake in Verizon Wireless (New York, N.Y.), its finance officer said.
A spokesman said Andy Halford, Vodafone's chief financial officer, had told reporters in New Delhi on Wednesday that the $5.5 billion figure stemmed from an assumption that Verizon Wireless had an annual free cash flow of $10 billion to $12 billion.