PARIS (Reuters) - In the final year of his turnaround plan, Alcatel-Lucent's boss is pushing the telecom network gear maker to diversify its customer base by selling Internet equipment to large technology companies and multinational corporations.
Chief Executive Michel Combes' plan to put more emphasis on so-called edge and core routers that direct traffic on the Internet has allowed the company to set itself apart from traditional mobile rivals Ericsson and Nokia, and leads it into competition with U.S. networking giant Cisco.
WASHINGTON/SAN FRANCISCO (Reuters) - AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Dish Network Corp spending heavily to manage a surprise win at No.2 ahead of Verizon, results showed on Friday.
AT&T bid a total of $18.2 billion to win licenses of so-called AWS-3 spectrum. Dish itself did not win any licenses, but had invested in bidding partners SNR Wireless LicenseCo LLC and Northstar Wireless LLC, which bid a total of $13.3 billion.
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(Reuters) - U.S. business lobbies have called for "urgent discussions" with the Chinese government over new cybersecurity regulations that would force technology vendors to Chinese banks to hand over secret source code and adopt Chinese encryption algorithms.
Cybersecurity has been a significant irritant in U.S.-China ties, with both sides trading accusations of abuses.
BRASILIA (Reuters) - Brazil's government has no preferred model for consolidation of the country's telecom market, a source told Reuters on Thursday, leaving behind the days when Brazilian telecom company Oi SA was held up as a "national champion".
As long as companies continue investing in their networks and offering competitive services, the government is not concerned about the widely anticipated shift from four major carriers to three, the source said on condition of anonymity.
During the last week, California-based Dell’Oro Group released several reports indicating growth in key WAN equipment sectors.
The biggest winner, if forecasts hold true, would be vendors in the Layer 2-3 Ethernet Switch market, which Dell’Oro analysts estimate will exceed $25 billion in 2019. Continued adoption of Software Defined Netowrking (SDN) architectures and Cloud deployments will drive sales of white box switching, software, and 100 Gigabit Ethernet equipment, according to the report.
MADRID/HONG KONG (Reuters) - Li Ka-shing's Hutchison Whampoa Ltd has agreed to buy Telefonica's British mobile unit O2 for up to 10.25 billion pounds ($15.4 billion), hastening the consolidation of Britain's telecoms industry.
Hutchison already operates the Three Mobile network in Britain, and buying second-ranked O2, which has about 22 million subscribers, from the Spanish group will make it the top mobile operator in the country.
BEIJING (Reuters) - Internet services that allow people to freely access blocked websites and apps from within China have seen more severe disruptions this week, said three providers, moves that Chinese state media said were justified.
The services affected include popular Virtual Private Network (VPN) providers Astrill, StrongVPN and Golden Frog, which are engaged in a technological arms race to one-up China's highly sophisticated Great Firewall internet censorship system.
SAN FRANCISCO (Reuters) - Planet Labs, a San Francisco-based private satellite operator founded by former NASA scientists, said on Tuesday it had raised $95 million to help build its business of selling satellite images and data to customers.
Data Collective, whose partner Zachary Bogue will join Planet Labs' board, led an equity funding round of $70 million. Western Technology Investment provided a debt facility of $25 million. All existing investors, including SpaceX backer Draper Fisher Jurvetson and Russian billionaire Yuri Milner, participated in the latest equity round.