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.
Telehealth and collaboration technology could transform health care delivery, say senior health care leaders from around the world, according to a survey conducted by the Cisco Internet Business Solutions Group (IBSG) Research & Economics Practice and Princeton Survey Research Associates International (PSRAI) released Wednesday at the World Health Care Congress in Washington, D.C.
A data transfer problem of the near future can soon become a thing of the past, according to Athena Wireless Communication, Inc. The company's new A060 Mini Radio, "the world's first all-digital, multi-gigabit capacity, 60 GHz millimeter-wave radio which transfers data at fiber-like rates" could be "the perfect, cost-effective solution" to telecommunication operators' needs for backhaul capacity, Athena Wireless said in a press release Tuesday.
Booming bandwidth demand for backhauling major wireless carriers 3G, 4G and Long-Term Evolution (LTE) services has turned FiberTower, one of the largest alternative backhaul providers in the United States, to DragonWave Inc. products for high-capacity packet microwave. DragonWave's Horizon Compact is being deployed to support FiberTower's microwave-based packet backhaul services.
Planned community Brambleton announced yesterday that it will be Verizon's first community in the U.S. to offer the Verizon Home Monitoring and Control Service making the concept of the "Connected Home" a reality. The service will enable Brambleton homeowners to lock doors remotely; see what's going on at home via networked cameras; and set, adjust and control lights, smart thermostats and appliances -- all by using a smartphone, a computer or through FiOS TV.
After years of anticipation, the machine-to-machine (M2M) era has finally arrived. A new Yankee Group forecast predicts enterprise cellular M2M connections worldwide will surge from 81.8 million in 2011 to nearly 217.5 million in 2015. In the same time frame, connectivity revenue will more than double from U.S. $3.1 billion to U.S. $6.7 billion, making the M2M market one of the highest growth areas in the wireless arena during the next decade.