US operator AT&T has reported a 149 per cent increase in net income in FY2013 to reach $18.2bn. The firm recorded net income of $7.3bn in 2012. Consolidated revenues reached $128.8bn for the year, an increase of 1.1 per cent year on year.
Canadian operator Telus’ employees will soon be able to access buildings on their premises, log in to secure company networks, and share sensitive data using their smartphones.
The United States could soon make M2M connectivity in new vehicles mandatory, following research undertaken by the US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA).
Shareholders have voted to approve a deal that will see Vodafone sell its 45 per cent stake in US operator Verizon Wireless to JV partner Verizon Communications for a total value of $130bn.
Video on demand service Netflix has warned that it “would vigorously protest and encourage [its] members to demand the open internet”, should a threat to net neutrality surface. The threat comes in the wake of US operator Verizon’s successful challenge to the FCC’s open Internet Order.
T-Mobile USA has launched a mobile money service that claims to do away with charges levied on US bank customers for accessing their funds.
LTE pioneer SK Telecom said it has successfully developed LTE-Advanced tri-band carrier aggregation technology. The technology is likely to be used to ease congestion in networks in built up areas in South Korea.
Verizon Communications on Tuesday agreed to acquire Intel Media, a business division dedicated to the development of Cloud TV products and services. The US carrier will incorporate the Intel-developed technologies into its next-generation video services through the Verizon FiOS fibre optic network and over the top to any device, including via LTE.
Latin American operator group America Movil has increased its stake in European operator group Telekom Austria. The LatAm group, controlled by billionaire Carlos Slim, has agreed to acquire 13.9 million shares in Telekom Austria, through Carso Telecom, a holding company owned by America Movil. The shares equate to a 3.14 per cent stake in the European group.
Device maker Apple has agreed to pay $32.5m in refunds to consumers in order to settle a complaint made by the US Fair Trade Commission (FTC). The firm will refund parents who claim the App Store processed sales of in-app purchases made by children without gaining their consent.
US operator AT&T has launched two solutions to allow businesses to process payments using a mobile device. The operator teamed up with payment processing services provider Vantiv to develop the solutions, which it says offer a highly secure and swift method to process transactions.
Canadian operator Wind Mobile has pulled out of the country’s 700MHz spectrum auction, due to a lack of internal support by key shareholder Vimpelcom.
Spanish carrier Telefónica has been contracted by Nextel branded NII Holdings to supply nationwide 3G coverage for voice and data services in Brazil and Mexico, expanding Nextel’s existing coverage.
US carrier AT&T has collaborated with rapper-owned music and entertainment firm, Dr Dre’s Beats Music, to deliver an over the top music offering targeted at families.
US operator AT&T has launched an initiative that allows businesses to cover the transmission cost of content they provide to consumers. The Sponsored Data service will enable customers to view sponsored content and use apps over AT&T’s HSPA+ and LTE networks without that data usage coming out of their monthly wireless data plan.
US operators AT&T and T-Mobile have entered into a war of incentives, with each offering to pay the termination fees for customers willing to switch networks.
The US arm of operator group Deutsche Telekom, T-Mobile USA is to acquire spectrum licenses for the 700MHz A Block from Verizon Wireless.
Chinese infrastructure vendor Huawei has appointed a VP of sales for its US business as it looks to grow revenue in a difficult market. Bill Gerski joins the vendor with 40 years of experience through executive marketing and sales positions at Dish Network, Golden Sky Systems, Sirius Satellite Radio, Time Warner, Viacom, Bell Atlantic and the National Rural Telecommunications Co-op.
Infrastructure vendor Alcatel-Lucent has sold off US subsidiary LGS Innovations. The business will be sold to an investor group led by private equity investment firm Madison Dearborn Partners and also includes CoVant, a firm that acquires “federal technology” firms.
US operator AT&T has signed an LTE roaming agreement in the UK with EE. The agreement was announced just days after the US firm inked a similar deal in Canada with Rogers Communications.