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.
Digi International (Minnstonka, Minn., U.S.A.) on Tuesday announced that its embedded 3G system-on-module has been certified by Sprint (Overland Park, Kan., U.S.A.), which allows M2M device manufacturers to add 3G connectivity to their devices without having to go through a certification process.
ConnectCore 3G -- the embedded 3G system-on-module with integrated application processing- also offers cloud connectivity with the iDigi Device Cloud.
Fleet Management Solutions (San Luis Obispo, Calif., U.S.A.), a provider of telematics systems, on Tuesday announced it has been selected by the U.S. Justice Department, Federal Bureau of Prisons (BOP) to equip its fleet vehicles and other mobile assets, with its vehicle tracking and mobile management system.
As many service providers begin to deploy 4G networks, specifically in urban environments, operators are experiencing bottlenecks in their macrocell networks due to a lack of capacity and an increase in data usage. But, it seems there may soon be a solution in the form of microcell networks. Last week at 4G World in Chicago, Illinois, companies were showing off their microcell products, which they believed could solve the 4G capacity problem.
Telecom operator Telefónica (Madrid Spain), through its recently created unit Telefónica Digital, and China Unicom (Beijing, China) last week signed a strategic agreement to promote the development of M2M and the Internet of Things in a global scope. The objective of the partnership includes making advances in the M2M industry through different technologies such as cellular communications, identification by radiofrequency (RFID), sensors and global positioning systems (GPS).