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Softbank Confirms $20 Billion Takeover Bid for USA Based Sprint

USA based Sprint has agreed to by bought by Japan’s Softbank in a US$ 20 billion deal which will also secure the funds the company needs to continue its network upgrade programme. Click here for more.


cellular-news

California Leads the Nation in Closing the Digital Divide with Comcastandrsquo;s Internet Essentials Program

Today, Comcast Corporation announced that its acclaimed Internet Essentials program, the nation’s largest and most comprehensive high-speed Internet adoption program, has now connected more than four million low-income Americans, in one million households, to high-speed Internet service at home. The State of California leads the country, having connected more than 150,000 low-income households benefiting more than 600,000 Californians. Click here for more.


Cellular News

Congressman Charlie Crist Visits Harris Corporation for Space, Environment and Technology Discussions

Congressman Charlie Crist (D-St. Petersburg) met with Harris Corporation (NYSE:HRS) officials Thursday at the company’s headquarters to discuss topics related to technology development and its impact on Florida. Click here for more.


Cellular News

NSN is to open a Mobile Broadband Security center in Germany

Nokia Solutions and Networks (NSN) has announced plans to establish a Mobile Broadband Security Center in Berlin, which will be fully operational in the second half of 2014. Click here for more.


cellular-news

ZOPO (IFA) hält Produkteinführungskonferenz auf der Messe unter dem Motto „Return to Powerandquot; ab

BERLIN , 18. ZOPO wird im Rahmen der IFA, die ab dem 1 .andnbsp;September 2017 in Berlin stattfindet, eine Konferenz zu neuen Produkten unter dem Motto „coming back with more power” abhalten. Hierbei werden Neuauflagen von bekannten Produkten vorgestellt. Die neue Geschäftsführerin von ZOPO , Emma Liu , wird vom 1. bis 3. September zwischen 14.30 Uhr und 16:00 Uhr am Firmenstand vertreten sein und die neuen Vorzeige-Smartphones ZOPO Z5000 und P5000 vorstellen. Click here for more.


Cellular News

TeliaSonera also fingered as investigations into Uzbeki operations deepen

TeliaSonera has announced that two of its Dutch holding companies are subject to a preliminary investigation concerning bribery and money laundering

TeliaSonera has announced that two of its Dutch holding companies are subject to a preliminary investigation concerning bribery and money laundering

European operator group TeliaSonera has revealed that two of its Dutch holding companies, TeliaSonera UTA Holding and TeliaSonera Uzbek Telecom Holding, are involved in a preliminary investigation concerning bribery and money laundering regarding operations in Uzbekistan.

The revelation comes as VimpelCom, which competes with TeliaSonera in Uzbekistan, faces a similar probe. One time competitor MTS exited the country last year.

“Authorities have carried out searches at companies during course of March 11th 2013 to get access to documents,” TeliaSonera said in a statement. “TeliaSonera is cooperating fully with the authorities. At this point TeliaSonera has no further details about the investigation.”

TeliaSonera’s troubles in Uzbekistan have been well documented. In February last year, the firm called on Swedish law firm Mannheimer Swartling to issue a report on the operator’s operations in Uzbekistan after attracting criticism over allegations of corruption involving its operations. While the law firm did not establish any evidence that bribery or money laundering had occurred, there remained suspicions of criminal activity among the Swedish Prosecution Authority that were not dismissed by the investigation. CEO Lars Nyberg left the firm as a consequence. The operator’s board then appointed law firm Norton Rose Fulbright to launch a review of its transactions in Eurasia and it appointed Johan Dennelind as president and CEO as of September 1, 2013.

VimpelCom, which is now TeliaSonera’s sole competitor in Uzbekistan, announced today that it has received a letter from the United States Securities and Exchange Commission (SEC) stating that it is conducting an investigation into the firm’s operations.  Its group headquarters in Amsterdam were also visited by representatives of the Dutch authorities including the Dutch public prosecutor office, yesterday; the same day that authorities searched TeliaSonera’s premises.

VimpelCom told Telecoms.com that it could not comment on the nature of the investigation but admitted that the investigations appear to be focus on its operations in Uzbekistan. Dutch authorities informed VimpelCom that it is the focus of a criminal investigation in the Netherlands.

Last year, Uzbeki authorities forced the shutdown of an unidentified mobile operator’s network in the country. MTS has since confirmed to Telecoms.com that it is no longer operational in Uzbekistan. In June last year, MTS announced that it had become aware of an auction planned for July 1st 2013 of assets owned by its wholly owned subsidiary in Uzbekistan, Uzdunrobita.

“In the Company’s opinion, the claims of Uzbekistan authorities that resulted in the initiation of bankruptcy proceedings and the forthcoming auction sale of Uzdunrobita assets have no legal and factual basis,” the operator said at the time.

Telecoms.com

SpendEdge Releases Procurement Intelligence Report for the Global Network Infrastructure Market

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Network Infrastructure Procurement Market Intelligence Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the telecom and networking industry. This report breaks down the data and analysis behind the procurement of network infrastructure and acts as an all-inclusive guide for making smart purchasing decisions. Click here for more.


Cellular News

xG Technology Closes $3,200,005 Registered Direct Offering and Concurrent Private Placement

SARASOTA, Fla. , Aug.andnbsp;xG® Technology, Inc. (“xG”, “xG Technology”, or the “Company”) (Nasdaq: XGTI, XGTIW), a leading provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for critical communications, today announced the closing of its previously announced registered direct offering of 1,560,978 shares of its common stock at a an offering price of $ 2.05 per share and its concurrent private placement of common stock purchase warrants (the “Warrants”) to purchase 780,489 shares of common stock. The Warrants have a per share exercise price of $ 2.50 , are exercisable immediately and will expire five (5) years from the date of issuance. Click here for more.


Cellular News

Operator News in Brief – 12th Mar 2012

Summaries of short news items relating to the mobile networks. Click here for more.


cellular-news

Unotel contrata soluções de CRM e Billing em nuvem da Objective NG para TV por Assinatura

English: Current logo used by Australian internet service provider (ISP) Adam Internet. (Photo credit: Wikipedia)Unotel contrata soluções de CRM e Billing em nuvem da Objective NG para TV por…



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