US satellite operator Dish Network has submitted an official filing with regulator the FCC, expressing concerns over two of the biggest proposed mergers on the table in the US market at present. Dish wants the pending Comcast and Time Warner Cable, and AT&T and DirecTV deals to go under the microscope.
Mobile payments provider LoopPay has secured funding from global payments firm Visa, the company has revealed, without saying how much is involved. The US company, which launched earlier this year, is pioneering a technology that capitalises on the installed based of magnetic stripe-reader point-of-sale systems rather than NFC, which is the current favourite in mobile payment circles.
Developing markets operator Millicom, which operates under the Tigo brand in Bolivia, said that it has launched a 4G LTE offering in the country, delivering high speed internet at up to 100Mbps.
This is not something the industry has seen for a long time but Nokia Networks on Friday announced it has entered into an agreement to acquire US-based network integration and deployment specialist SAC Wireless for an undisclosed sum.
In a live, over-the-air demonstration of pre-standard equipment, the Swedish company achieved 5Gbps throughput in the 15 GHz frequency band using advanced MIMO technology at its lab in Kista, Sweden.
US watchdog the Federal Trade Commission slammed T-Mobile USA on Tuesday, alleging that the carrier made “hundreds of millions of dollars” from bogus premium SMS charges never authorised by subscribers.
US carrier AT&T has offloaded an 8.27 per cent stake, worth around $5.6bn, in Latin American operation America Movil, as it seeks to fund its acquisition of DirecTV. The America Movil shares were snapped up by the company’s billionaire owner, Carlos Slim, via his holding company Inmobiliaria Carso.
Following its acquisition of content delivery network provider EdgeCast, Verizon Digital Media Services has started adding direct local connectivity to many of the world’s largest broadband providers, streamlining delivery and distribution of content to ensure high-quality user experiences and handle traffic spikes as connected devices, user bases and file sizes continue to grow.
Web giant Google has been revealed to have acquired Seattle-based wireless tech startup Alpental Technologies in a somewhat mysterious transaction. It has emerged that the deal went through in May and Google has managed to pull most of the company information, including Alpental’s website, off the internet.
Less than a year after the launch of 3G services in Rio de Janeiro and just in time to catch most of the World Cup action, Brazilian carrier Nextel this week switched on its 4G network in the city, giving users access to ten times faster download speeds.
International infrastructure and tower management firm American Tower Corporation has agreed to buy 100 per cent of the equity interests of BR Towers, a Brazilian real estate company that owns around 2,530 cell towers, for BR2.18bn ($978m). The company also has exclusive use rights to approximately 2,110 additional towers in the country.
Networking specialist Level 3 Communications has agreed to make an acquisition move on US-focused enterprise networking firm tw telecom for $5.7bn. The deal values tw at approximately $7.3bn, including the assumption of approximately $1.6bn of net debt.
Towards the end of last week, Google quietly dropped $500m on a satellite company that specialises in super high quality imaging. Now that the market has had a few days to digest the purchase, it seems the possibilities for Google are several – including connected car applications and connectivity for remote regions.
The Spanish telecoms market continues to be a hotbed of consolidation, as European private equity firm Cinven on Monday announced plans to acquire a fibre network running through Spain and Latin America, from Spanish natural gas utility, Gas Natural Fenosa, for €510m.
Vodafone Group is moving its global innovation centre from Silicon Valley to London, as it seeks to benefit from a wealth of technology skills and talent in the UK and Europe.
The evolution of voice continues apace as US carriers Verizon Wireless and T-Mobile USA reveal plans to launch Voice over LTE, with AT&T expected to follow suit on Friday.
Telekom Austria Group and América Móvil on Friday unveiled a deal that proposes to create one of the world’s largest fibre networks, with a joint footprint with 200 Points of Presence (PoP) within 47 countries, through the interconnection of networks offering voice, roaming, data and mobile services.
US operator T-Mobile has claimed to have taken “virtually all of the industry phone growth” in 1Q14 winning market share from its competitors in the process, reporting total net subscriber additions of 2.4 million. However, the operator recorded a $154m loss in the quarter, compared to a $106m profit in the first quarter of 2013.
Ericsson has announced Rima Qureshi, a 20-year veteran of the company, as its new chief strategy officer, following the resignation of Doug Gilstrap earlier in April. Gilstrap joined Ericsson in 2009.
US operator Verizon Wireless has posted a 4.8 year on year increase in revenue for 1Q14, as well as a 15.1 per cent increase in operating income.