Telefonica (Madrid, Spain) last Monday announced that it has signed a strategic partnership with Quantenna Communications (Fremont, Calif., U.S.A.), a provider of Wi-Fi networking for home entertainment, including connected devices. Through the partnership, Telefonica looks to make a strategic equity investment in Quantenna, which will give it access to the latest Quantenna technology for the deployment of high performance video services to the home.
Telefonica will invest roughly $3 million in Quantenna, which brings the total investment up to $90 million to date, says Quantenna.
As smartphone usage grows and consumers start using their phones for more than just voice, the concept of a mobile service provider is changing. According to two surveys, including one performed by Oracle (Redwood Shores, Calif., U.S.A.), a person’s mobile phone is replacing other devices, and in the future will be used for everything from banking to a GPS system.
Oracle surveyed more than 3,000 mobile users around the world and found that mobile devices are becoming more valuable to consumers.
The Current Wireless Network Landscape
As the popularity of smartphones, tablets and other intelligent mobile devices increases, and as consumer’s leverage these devices for increasingly high-bandwidth applications and services, today’s 3G wireless networks, and associated backhaul networks, are frequently overwhelmed. In fact, the amount of bandwidth currently consumed is reaching levels equal to that of wired broadband connections.
On Friday, DragonWave, Inc. (Ottawa, Canada) announced plans to acquire Nokia Siemens Networks' (Espoo, Finland) microwave transport business, including its associated operational support systems (OSS) and related support functions. Under the deal, Nokia Siemens Networks (NSN) will retain responsibility for its existing sales and associated services for microwave transport, while DragonWave will be responsible for the product line, including R&D, product management and operations functions.
France Telecom-Orange (Paris, France) and Publicis Groupe (Paris, France), an advertising and communications company, announced on Monday plans to launch a new venture capital fund. The fund will finance and develop digital start-up, particularly in France and the European Union, says Orange.
Sierra Wireless (British Columbia, Canada) and Sprint (Overland Park, Kan., U.S.A.) last week announced they are collaborating to help application developers, product manufacturers, and machine-to-machine (M2M) service providers deploy new services. The two companies will co-market Sierra Wireless’ M2M Cloud Platform and Sierra Wireless will support Sprint modules pre-certified on its network.
Tekelec (Morrisville, N.C., U.S.A.), a mobile broadband solutions company, announced on Monday that it has entered into an agreement to be acquired by a consortium led by Siris Capital Group, LLC (New York). The transaction was valued at approximately $780 million.
Trunkbow International Holdings Limited (Beijing, P.R.C.), a provider of mobile payment services, on Thursday announced that it has signed a formal strategic partnership agreement with Tianyi e-Commerce Limited, a wholly owned subsidiary of China Telecom (Beijing, P.R.C.), for the development and marketing of China Telecom's Bestpay m-commerce payment application. Under the agreement, Trunkbow is to provide application development and support services for the mobile application, which was rolled-out to China Telecom's 3G subscribers across mainland China in August.
A judge on Wednesday ruled that Sprint (Overland Park, Kan., U.S.A.) and C Spire Wireless (Ridgeland, Miss., U.S.A.) can pursue part of their antitrust lawsuit against AT&T Inc's (Dallas, Texas, U.S.A.) proposed $39 billion acquisition of T-Mobile USA, a unit of Deutsche Telekom AG (Bonn, Germany).
AT&T and T-Mobile had sought to dismiss the lawsuit, but U.S. District Judge Ellen Huvelle agreed to allow the competitors to pursue their injury claims about the effect the deal would have on the market for wireless devices.
On Tuesday, Sierra Wireless (British Columbia, Canada) and the Eclipse Foundation (Ontario, Canada), a nonprofit vendor neutral corporation consisting of individuals across the software industry, announced the formation of a new Industry Working Group to define and implement an open standard platform for the software development tools used in developing machine-to-machine (M2M) applications.