Egyptian billionaire Naguib Sawiris said he is prepared to invest between $1 billion (€1.38 billion) and $2 billion in Telecom Italia if Telefónica withdrew from the company, and said the Italian company needed funds for future investments.
South African operators Vodacom and MTN agreed to acquire mobile subscribers from Nashua Mobile for a reported 2.26 billion rand (€155 million/$214 million), as the reseller prepares to exit the local mobile market.
Vivendi said over the weekend that comments made in an interview with Le Figaro by Martin Bouygues about the process to select a buyer for SFR represented a "one-sided" version of the events and refused to enter into a debate with the CEO of the Bouygues Group.
The head of True-Grit Wireless, who has taken over patents that originally belonged to a geo-location services company formed in the 1990s, is searching for a way forward to leverage that intellectual property.
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Cisco Systems and Texas Instruments are both staking claims in the Internet of Things space by forming partnerships with other companies in hopes of advancing this emerging area. Specifically, TI partnered with eight IoT cloud service providers and Cisco launched a challenge to help IoT startups get more visibility.
Two major wireless network vendors are researching ways to save wireless network operators money by reducing the amount of power they need to run their networks. In separate announcements, Ericsson and Alcatel-Lucent each announced new efforts geared toward saving energy--and therefore money--in wireless.
Qualcomm added its voice to a growing chorus of companies and individuals urging the FCC to open the 10 GHz - 10.5 GHz band for wireless communications. Further, Qualcomm urged the FCC to use Authorized Shared Access technology to allow the spectrum to be shared with licensed mobile operations when and where incumbents are not operating.
AT&T's Foundries--the carrier's innovation centers--have been set up in key locations across the globe in order to help the carrier more effectively innovate and compete. And according to Mark Nagel, executive director of marketing for AT&T Foundry, the carrier has used its Foundries specifically to prototype cloud infrastructure technologies.
Comcast is planning to add Hotspot 2.0 technology to its growing, Xfinity-branded public Wi-Fi network, further evidence that the cable operator plans to leverage Wi-Fi as a way to sell service to smartphone and tablet customers--and thereby potentially cutting into a business currently dominated by wireless carriers like AT&T Mobility and Verizon Wireless.
During a recent presentation at the Electronic Transaction Association's tradeshow in Las Vegas, Google Wallet chief Ariel Bardin conceded that customers have been slow to embrace the company's mobile payments service. However, he said that Google plans to remain in the mobile payments space for the long haul, and will continue to tweak the technology in hopes it will take off.