Google Inc (Mountain View, Calif., U.S.A.) has enlisted Visa Inc (San Francisco, Calif., U.S.A.) in its effort to push mobile payments, striking an agreement to allow Visa account-holders to pay for store purchases with their smartphones.
Visa comes onboard a “Google Wallet" project already supported by Citigroup, MasterCard, Sprint Nextel Corp and First Data. In May, the group announced a trial of a system that lets shoppers store money on phones and pay at checkout.
Huawei Technologies Co Ltd (Shenzhen, P.R.C.), the world's second largest network equipment maker, expects its deals in the enterprise sector to total more than $7 billion by next year, banking on demand from key markets such as China, a senior executive said.
Huawei also plans to triple staff numbers at its enterprise unit to about 30,000 in the next three years from 10,000 expected by the end of this year, to compete with the likes of Cisco Systems Inc and Hewlett-Packard Co, with half in research and development.
High-profile launches from players such as Amazon, Google and Apple are expected to galvanize the growing market for consumer cloud mobility services, generating revenues reaching almost $6.5 billion per annum by 2016, a new report from Juniper Research (Hampshire, England) has found.
The ability to pay for goods and services using a mobile device has been around since the early days of the mobile industry. Initially, Premium SMS was used as the primary mechanism for mobile payments, mainly for digital goods such as ringtones and wallpapers. This was followed by WAP billing, which offered advantages such as a more streamlined user experience and the separation of the payment method and delivery channel. Both these mechanisms have enjoyed considerable success in the market and are still widely used today.
Below is a list of new products announced this week in the telecom industry.
Ceragon: compact, all-outdoor packet for 4G/LTE backhaul
Ceragon Networks Ltd. (Paramus, N.J., U.S.A.), a wireless backhaul vendor, announced the release of a compact, all-outdoor, high-capacity wireless packet for 4G/LTE backhaul.
On Monday, Orange Business Services (Paris, France) announced it will increase the capacity of its Latin American network by ten times due to growing demand from its multinational enterprise customers. According to the company, implementation will begin in October 2011, covering Brazil and Chile, followed by Argentina, Peru and Panama. The network, which now has a capacity of around 620 Mbps (megabits per second), will increase to 10 Gbps (Gigabits per second) in an expansion that has several phases, according to Orange.
Verizon Communications Inc. (New York) announced last week that it has acquired CloudSwitch, a provider of cloud software technology, in a deal that will simplify the move to the enterprise cloud and help to boost industry adoption, says the company Terms of the deal were not disclosed.
Verizon plans to combine CloudSwitch, a privately held company based in Burlington, Massachusetts, with its Terremark IT services subsidiary, which aims to enhance Verizon's hybrid-cloud and cloud-to-cloud capabilities, according to the service provider.
Information technology (IT) company NEC Corporation (Tokyo, Japan) announced on Monday the launch of a new service that uses M2M technology to connect a variety of sensors and terminals to a network. Beginning September 1, NEC will offer the "CONNEXIVE Cloud Based Infrastructure Service" to provide system infrastructure for M2M services through cloud platforms.
Digi International (Minnetonka, Minn., U.S.A.), a network communication company, on Tuesday introduced the iDigi Gateway Development Kit with 3G cellular connectivity. The kit allows remote devices to be connected wirelessly over cellular networks and integrated into a cloud environment, according to the company. The development kit contains the hardware, software and documentation necessary for ZigBee-to-3G cellular Internet connectivity.
According to Digi, the Development Kits support Sprint, Verizon, AT&T Wireless, Vodafone and other global 3G GSM networks, and cost $499.
The three largest German telecom operators, Telefónica O2, Deutsche Telekom and Vodafone, plan to enter a joint venture to register their payment service mpass as its own company and have signed a letter of understanding, according to the companies. The new company is due to begin operating as early as this year.