Trunkbow International Holdings Limited, a provider of mobile payment services in China, on Thursday announced that it has signed a mobile payments deal with China Unicom. Under the agreement China Unicom will deploy Trunkbow’s new terminal-based MPS platform in Heilongjiang Province. Installation is expected to begin in the second quarter, with services scheduled to launch in the second half of 2012.
On Monday, Microwave Telemetry Inc., a provider of avian and marine tracking, announced it has selected Telenor Connexion, an M2M service provider, for its global wildlife tracking devices.
On Tuesday, the city council of Chattanooga, Tenn., approved a contract proposal to replace existing municipal lights with high efficiency lighting fixtures that incorporate FlexNet wireless remote monitoring and control capabilities from smart grid infrastructure provider, Sensus.
COPsync, Inc., a company that operates a law enforcement real-time, in-car information sharing, communication and data interoperability network, announced that the Gonzales County, Texas Sheriff’s Office used the COPsync network to locate a missing child within 45 minutes and hours before an Amber alert would have been issued.
On Monday, Nokia Siemens Networks announced that Softbank Mobile Corp is upgrading its mobile broadband network across Japan using its technology and services. Softbank has selected Nokia Siemens Networks to supply, deploy and integrate its 4G, FDD-LTE (Frequency Division Duplex – Long Term Evolution) network, which is expects to have running by the fall of 2012.
European Union antitrust regulators said on Friday they will examine whether a joint venture between the three largest British telecoms companies on mobile payment technologies and advertising falls foul of competition rules.
Market research firm Infonetics Research on Thursday released excerpts from a pair of recently published forecast reports, which tracks Ethernet, TDM, and hybrid microwave equipment by spectrum, capacity, form factor, and architecture, and Millimeter Wave Equipment, which tracks unlicensed E band 60GHz, licensed E band 70--90GHz, and W band 75--110 GHz millimeter wave equipment by network application.
Over the last decade mobile payments have started to become a reality in many markets. According to the TM Forum, depending on the conditions of the market communications service providers operate in, different value chains and opportunities can present themselves. Below are excerpts from TM Forum’s Quick Insights Report, “Mobile Money in Action: Exploring the Value Chain” which covers markets ranging from M-PESA in Kenya to the Google Wallet in the United States.
M-PESA in Kenya
A new report from Juniper Research has found that the number of tickets delivered to mobile phones worldwide will more than quadruple to 23 billion by 2016, compared with 4 billion tickets estimated to have been delivered during 2011.
Cloud security startup CloudPassage has raised $14 million in second-round funding, with an aim of helping businesses like Foursquare, StrongMail, and others secure their data in the cloud, the company announced Wednesday.