Just as AT&T thought it was getting its 5G roadmap in place, Straight Path Communications has announced its $1.6 billion bid has been outdone by a ‘multi-national telecommunications company’.
The identity of the ‘multi-national telecommunications company’ remains a secret for the moment, however some might put forward some ideas who it might be, **cough cough Verizon**, though Telecoms.com will be keeping its own thoughts to itself. Whoever this mystery bidder is, it
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-
Mystery telco outbids AT&T for Straight Path
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Mitsui USA Partners With Rajant To Advance Industrial Internet Of Things And Autonomous Applications
Companies to Jointly Leverage Rajant’s Wireless Networking Technology, Information Assurance Credentials for New MarketsPHILADELPHIA – April 25, 2017 – Rajant and Mitsui & Co. (U.S.A.), Inc. (“Mitsui USA”), a wholly owned subsidiary of Mitsui & Co., Ltd., Tokyo, Japan, announced today that they will jointly develop and market Rajant’s Kinetic Mesh™ wireless networks, and extensive information assurance and security expertise to solve the advanced -
Searchmetrics Content Experience Creates New Paradigm For Online Storytelling and Content Creation
Guided creation and optimisation helps marketers and writers deliver engaging, compliant-safe and revenue-producing content. Companies now can scale at ease by connecting content to audiences at the right time and in the right voice. London, April 25, 2017 ‒ Searchmetrics today launched the world’s first agile content development platform, delivering a new paradigm for online marketers to produce content that resonates with audiences and drives predictable results.The Searchmetrics C -
BICS buys TeleSign for $230m for a fresh piece of aaS
BICS has announced it has entered a definitive agreement to acquire mobile identity & authentication solution provider TeleSign for $230 million.
The telco claims the acquisition creates the world’s first end-to-end Communication Platform-as-a-Service (CPaaS) providers (just in case if you needed another aaS), as it bolsters its security credentials. According to BICS, CPaaS allows developers and product owners to easily add real-time communications features into their applications and -
Ericsson writes down $1.5 billion resulting in big Q1 2017 loss
Ericsson’s numbers for the first quarter of 2017 featured a massive set of write-downs as the company looked to get as much financial bad news out in the open as possible.
The SEK 13.4 billion (~$1.5 billion) of assorted write-downs and restructuring charges had been forewarned in the recent Ericsson strategy update, but it still makes for ugly reading in the cold light of year-on-year comparisons. Net income for the quarter was SEK -10.9 billion, which is clearly unsustainable.
And the gr -
On-demand video killed the TV star
New research from Accenture has revealed consumers are losing interest in watching TV shows on a TV, as laptops, desktop PCs and smartphones continue to rise in prominence.
Back when your correspondent was a baby faced youth, there was a constant battle with two brothers over dominance of the TV control. The competition would rage over the credentials of Nickelodeon versus Cartoon Network or the entertainment of rugby versus football, until mum would arrive for the evening soaps and the pecking -
Virgin Money London Marathon successfully embraces the next generation of digital with Tata Consultancy Services official app
TCS Technology provides more than a quarter of a million spectators with unprecedented digital access to all the actionLONDON |MUMBAI, 25 April 2017: Sunday 23rd April saw the 37th annual Virgin Money London Marathon take place through the streets of the capital. Once again record numbers took part in this momentous sporting event, while raising awareness and huge amounts of money for many fantastic charities. This year, runners were supported by the official London Marathon...Source: RealWire -
T-Mobile bags another 1.1m customers – can anyone stop the magenta army?
After Verizon struggled through Q1, it is becoming increasingly clear where its profits and customers have gone; T-Mobile has been pinching them again.
While it will come as little surprise CEO John Legere and magenta army of disruptors have romped away once again, perhaps the scale of the victory will be somewhat of a surprise. Over the course of the last month, competition has intensified in the US postpaid market as a flurry of unlimited data contracts have been released from all angles. -
Unnamed bidder tops AT&T's Straight Path offer
An unnamed telco on Tuesday made a $104.64 per share bid for Straight Path, topping AT&T's earlier offer of $95.63.In a statement, Straight Path, which holds nationwide 28-GHz and 39-GHz spectrum, said it considered the new bid superior to AT&T's, and gave the operator five working days to meet or exceed it…read more on TotalTele.com » -
T-Mobile US ups guidance on strong Q1 net adds
T-Mobile US late on Monday raised its full year outlook after reporting yet another quarter of solid customer additions and revenue growth.The self-styled 'uncarrier' added 1.14 million new subscribers in the three months to 31 March. Branded postpaid customers grew by 914,000, of which 798,000 were branded postpaid phone customers. T-Mobile's prepaid base grew by 386,000, while its wholesale base shrank by 158…read more on TotalTele.com » -
Ericsson swings to Q1 loss on heavy writedowns
Ericsson swung to a hefty net loss in the first quarter of 2017, as its previously-announced strategic overhaul led to writedowns and restructuring charges totalling SEK13.4 billion (€139 billion).If that wasn't bad enough, the Swedish kit maker saw worrying declines in revenue across its business areas.SEK8.4 billion of the aforementioned charges related to additional costs incurred by the IT and Cloud division…read more on TotalTele.com » -
China Mobile, private equity firms eye M1
China Mobile is among several firms mulling a move for Singapore's M1.This is according to sources cited by Reuters late last week, who said that the telco's three major shareholders &ndash…read more on TotalTele.com »
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