The wearable trend continues to pick up pace with watch maker Timex claiming to be the first “authentic watch brand” to enter what it has now dubbed, the smartwatch space. The Timex Ironman One GPS+ offers stand alone wireless connectivity without needing to connect to a phone and is pitched squarely at the sports enthusiast sector.
Seven carriers this week agreed to co-deploy a submarine cable directly connecting Southeast Asia and the US in a project worth $250m. To be completed by the end of 2016, the cable system will provide an additional 20Tbps capacity, connecting Indonesia and the Philippines to the US with 100G technology.
KPN’s carrier services operation, iBasis, this week scored an LTE signalling exchange and roaming contract from Claro Peru, a subsidiary of America Movil.
US carrier Sprint is understood to have called off its courtship of T-Mobile USA and is preparing to go it alone. Only two months ago the widely expected deal was thought to be nearing completion, with those in the know putting the price tag for T-Mobile at around $31bn, creating an operator with the same scale as market leaders Verizon Wireless and AT&T.
Telefónica and its Brazilian subsidiary on Tuesday submitted an offer to merge with Brazilian ISP Global Village Telecom (GVT) for around €6.7bn and a 12 per cent stake in the share capital of the new entity. GVT is owned by French conglomerate Vivendi.
Internet video player Netflix has struck yet another peering agreement with a US carrier, this time AT&T, essentially paying for better quality of service for customers using the provider’s network. The deal was confirmed by AT&T and sits against a background of uproar over network neutrality debate in the US.
Chinese equipment vendor ZTE has struck a deal with Brazilian operator TIM Brasil to jointly set up an innovation centre in the country tasked with spearheading developments in next generation broadband technologies.
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.
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.
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.