Microsoft CEO: A 'public cloud for the public good'
Hardware and software giant Microsoft plans to donate $1 billion in cloud computing resources and services to nonprofits, CEO Satya Nadella said in a company blog post.
From the post: "We will donate $1 billion in cloud...
Stocks for Sprint and major U.S. tower companies fell dramatically after rumors the carrier was moving away from macro sites surfaced late last week. Sprint’s stock dropped 9% on Friday while American Tower, Crown Castle and SBA Communications lost 3%, 6% and 8% respectively.
The...
The Chinese company expects 23.8% year-over-year revenue growth
Chinese telecom equipment provider ZTE announced 2015 net profits will reach RMB 3.78 billion ($574 million), an increase compared to RMB 2.63 billion reported for 2014, according to preliminary unaudited results published by the company.
The Chinese company also...
Stagnant growth in IT infrastructure investment to drive data center colocation market
Information technology infrastructure is expensive. No matter how much data continues to transition to the cloud, it still needs a place to live in the analog world. With spending on IT infrastructure expected...
Ericsson said it will buy FYI Television, a Texas-based company that stores and distributes TV entertainment content and scheduling data from TV networks. Ericsson already distributes programming to more than 500 TV channels worldwide through its broadcast and media services unit, and the company...
Telefónica reportedly joined a number of potential suitors for AT&T’s Latin American pay-TV assets. According to a Reuters report, the deal could be worth $10 billion. Telefónica is the largest telco in Latin America, but lacks significant holdings in the pay-TV market.
As part of...
BT aims to complete the deal in the coming weeks
The United Kingdom's Competition and Consumer Authority cleared the way for BT to acquire mobile operator EE, the regulator said in a statement. The decision follows CMA’s provisional decision to clear the acquisition in October...
US Department of Transportation, National Highway Traffic Safety Administration running point on autonomous vehicles funding initiative
Federal government officials this week announced a plan to commit $3.9 billion in funding over the next decade to bolster research and development of autonomous vehicles.
Anthony Foxx, secretary of...
Wave of hires part of Sprint decentralized restructuring plan
As part of a previously reported nationwide restructuring plan, Sprint announced the hiring of regional presidents to take the helm at six of the company's 17 new regional subdivisions.
The restructuring, announced in November, is part of...
After announcing merger plans in April, today marks the first day of combined operations for telecom equipment giants Nokia and Alcatel-Lucent.
The merger is valued at $16.5 billion cumulatively and the new company employs more than 100,000 people globally. It remains headquartered in Finland with strategic business...
French MVNO aims to launch negotiations this week
French mobile virtual network operator Coriolis Telecom is interested in acquiring the business assets of Bouygues Telecom, French newspaper Les Echos reported.
“We will have the critical mass to offer a real alternative to the future duopoly in...
French telco Orange is expanding its African holdings with the acquisition of Liberia’s largest operator, Cellcom Telecommunications. The move is part of an international growth strategy Orange is implementing to gain momentum in emerging markets, with Africa a focal point for the European carrier....
Apple is reportedly working on an application to make switching to Google's Android operating system easier for customers. According to a report from The Telegraph, the device maker agreed to create the app after facing pressure from European operators who say Apple puts up too...
Telco aims to close deal in June; bids from Cellnex, F2i, others
Telecom Italia received three non-binding offers for the company’s 45% stake in telecoms tower unit Inwit, Italian newspaper La Stampa reported. Â
According to the report, Telecom Italia expects to complete a transaction by...
Little Rock, Arkansas-based Communications Sales and Leasing, a telecom infrastructure-specific real estate investment trust, late last week purchased fiber-to-the-tower provider PEG Bandwidth for $409 million.
Dallas-based PEG Bandwidth in Jan. 2015Â fired up fiber backhaul services to its 2,000th cell site since activating the first location...
European telco operates in Brazil through its TIM unit
Italian telecommunications group Telecom Italia confirmed the company was not in talks with Brazilian telecoms operator Oi to merge assets in the Brazilian market. The European telco said there were no formal or informal negotiations with...
LAS VEGAS – Smart home technology is a focal point of this year’s CES show. Coldwell Banker Real Estate is a company that has been keeping a close eye on the growth of the connected home. In preparation for CES, the real estate company...
LAS VEGAS – Last year was the year sponsored data burst on the scene as Verizon Wireless, AT&T Mobility and T-Mobile US all announced plans to offer free data services. But, it was the launch of T-Mobile US' controversial "Binge On" service, which allows customers to...
LAS VEGAS – Ericsson announced a partnership with AT&T on a sustainable city initiative designed to bring connectivity to the city of Atlanta’s water supply.
The trials are said to allow the organization overseeing the Chattahoochee River Basin, which is the main drinking water...
LAS VEGAS — The "Internet of Things" is a hot topic at this year’s CES 2016 event. Ericsson is one company making a huge push to help its customers monetize IoT, announcing a number of initiatives and partnership over the last few days. The...
LAS VEGAS – Broadband Forum Chairman Kevin Foster told opening day attendees at CES 2016 the G.fast technology is key to quickly delivering innovative new services that require lots of bandwidth.
Foster, also GM for access and CPE innovation at BT, said 4K video, location-based services,...
Yahoo could face up to $750 million in fines from potential class of 500,000 Sprint users
As many as 500,000 Sprint customers could take part in a class action lawsuit approved this week by a Chicago federal judge related to Yahoo sending unwanted text messages...
Vodafone Americas dissects global enterprise challenges for 2016
Editor’s Note: With 2016 now upon us, RCR Wireless News has gathered predictions from leading industry analysts and executives on what they expect to see in the new year.
Dual global economy
Many of the customers we speak to...
Apple fans in Mexico, Chile, Peru and Argentina will soon have the ability to purchase their next iPhone straight from an Apple store, according to a report by MacRumors.
An unnamed source provided this picture of an internal posting for jobs in Mexico to backs up...
