ETSI and T&D Europe announced today that they have signed a Memorandum of Understanding to collaborate on the development of ETSI standards for smart grid. Through this agreement, T&D Europe will provide input and requirements from the electricity transmission and distribution industry to ETSI's smart grid standardization activities. T&D Europe's members will be able to validate ETSI's standards, ensuring that they meet the needs of the smart grid industry.
Ericsson today entered an agreement to acquire Telenor Connexion's M2M (machine-to-machine) technology platform. The acquisition follows Ericsson's ambition to drive the market for M2M communication, adding valuable technology and know-how from eleven employees that will be transferred as part of the deal.
Telenor Connexion is wholly owned by Telenor Group, one of the world's major mobile operators with 203 million mobile subscribers.
Atheros Communications, Inc. today announced the industry's first HomePlug Green PHY (HPGP) emulation development kit. The Atheros PL-14 HPGP development kit consists of a hardware platform based on existing HomePlug AV silicon, adapted to support serial peripheral interface (SPI) ports enabling connectivity to a vast family of low-cost and low-energy microcontrollers (MCUs), as well as an emulation firmware and software driver with application programming interfaces (APIs) to support future Atheros Green PHY products.
Sprint today unveiled several progressive initiatives building on Sprint’s environmental work in the wireless industry, including upcoming availability of the Samsung Replenish from Samsung Telecommunications America (Samsung Mobile). Samsung Replenish, an Android touch QWERTY smartphone enabled with Sprint ID, will be available on May 8 for $49.99 with a two-year service agreement and new-line activation or eligible upgrade.
Mobile operators AT&T and Sprint have recently struck deals with cellular embedded module vendors to provide modules for M2M (machine-to-machine) application developer partners at discounted rates. Their goal is to encourage app developers to embrace 3G -- and now 4G -- M2M modules.
EXFO Inc. announced Monday the launch of EXFO Connect, a suite of cloud-based software applications designed to interoperate with EXFO's smart test platforms. EXFO Connect is intended to help network operators deal with the increasing complexity of network deployments and maintenance, while facing the growing pressure to accelerate and reduce the cost of such deployments.
Verizon Communications Inc. Monday closed its previously announced acquisition of Terremark Worldwide, Inc., growing Verizon's presence in the global managed IT infrastructure and cloud services market.
Terremark, which will continue to be based in Miami, will help fuel overall Verizon growth by accelerating the company's strategy to provide "everything-as-a-service" to business and government customers globally.
GE Capital’s Telecom, Media and Technology (TMT) financing business Monday announced that it has successfully completed 5 transactions totaling $591MM in financings in the first quarter of 2011.
“The first quarter for companies in our sector was active, in terms of both corporate financing and in financing private equity-backed companies," said Peter Foley, senior managing director of GE Capital, Telecom, Media and Technology.
Mobile donations, also known as text giving, are a growing piece of the mobile payments ecosystem, according to Jenifer Snyder of the mGive Foundation. The mGive Foundation is a 501(c)(3) established to make it easy for non‐profits to quickly execute effective mobile giving campaigns and for mobile operators to support them. The foundation has partnered with more than 60 of the nation’s leading mobile carriers and has supported more than 7,000 mobile giving campaigns for more than 500 nonprofit clients and processes around 85 percent of all mobile donations made today.
Canadian telecom TELUS plans to launch its next generation, Long Term Evolution (LTE) network in early 2012, the company announced Wednesday. LTE technology supports manufacturers' rated peak download speeds of up to 150 megabits per second (Mbps) and upload speeds of up to 70 Mbps. This initiative is made possible by the launch in 2009 of Canada's coast-to-coast HSPA+ wireless network, which today covers more than 95 per cent of the Canadian population.