BRUSSELS/FRANKFURT (Reuters) - European regulators have cleared Telefonica's bid to consolidate the German mobile market by buying smaller rival KPN's E-Plus for 8.6 billion euros ($11.7 billion), raising prospects of more deals to come across Europe's telecoms markets.
The European Union's powerful antitrust chief Joaquin Almunia said on Wednesday that Telefonica agreed to concessions - including selling some radio spectrum and renting out capacity on its network to smaller rivals - to ensure that the deal does not lead to higher prices for customers.
SAN FRANCISCO (Reuters) - Microsoft Corp has joined Qualcomm Inc and other technology companies in a bid to establish standard ways for household devices like light bulbs and thermostats to talk to each other.
The Qualcomm-backed AllSeen Alliance is among a growing number of efforts for companies working alone or in groups to promote protocols for how smart devices should work together in a trend increasingly referred to as the Internet of Things.
WASHINGTON (Reuters) - Broadcast and cable TV are not dead yet.
In a decision that could crimp consumers' hopes to cut the cord from their cable operators, the U.S Supreme Court said Aereo Inc, a video streaming service backed by media mogul Barry Diller, violated copyright law by using tiny antennas to broadcast TV content online to paying subscribers.
Wednesday's 6-3 decision, written by Justice Stephen Breyer, is a victory for traditional broadcasters such as CBS Corp, Comcast Corp's NBC, Walt Disney Co's ABC, and Twenty-First Century Fox Inc's Fox.
In the telecommunications sector, there are two things of which we can be certain. The first is that change is constant. The second is that we will consume more data tomorrow than we did today.
The exploding popularity of entertainment options – combined with the increased availability of smart phones, tablets and laptops – has dramatically transformed how we consume content and communicate with one another.
(Reuters) - Google Inc is considering an investment in a new cable across the Pacific Ocean, the Wall Street Journal reported citing people familiar with the matter.
The move comes as technology companies send an increasing amount of traffic across private networks, the report said. (on.wsj.com/1isOMAv)
Google took a stake in a similar $300 million cable in 2010, according to the report. The Internet search company would use the new subsea cable to connect data centers in Oregon and Japan, the report said.
(Reuters) - Verizon Communications Inc unit Verizon Wireless is looking to buy satellite-TV operator Dish Network Corp's spectrum to improve wireless internet speeds, the New York Post reported, citing sources familiar with the matter.
Dish's shares were up 3.4 percent at $61.81 on the Nasdaq on Friday morning. Verizon Communications shares were little changed at $49.39.
The two companies have held informal, early talks about the spectrum, the report said.
BRUSSELS (Reuters) - The European Union is teaming up with South Korea to jointly research the next generation of mobile broadband technology, hoping the Asian country's expertise will help it catch up in a field crucial for economic growth and jobs.
South Korea has one of the fastest mobile broadband networks and is home to Samsung, the world's biggest smartphone maker.
TOKYO - SoftBank Corp CEO Masayoshi Son, who has met resistance from U.S. regulators to a possible acquisition of wireless carrier T-Mobile US Inc, on Tuesday said there had been new movement in the past few months and expressed hope for more discussion.
He reiterated in an interview with a handful of reporters his stance that it would be good for U.S. consumers if his Sprint Corp, the No.3 U.S. mobile provider which SoftBank acquired last year, could become bigger and compete more effectively with the two largest carriers.
Beijing, May 28, 2014 / CEI / -. "Currently, China Mobile, which owns 780 million users, the majority are still using 2G phones," China Mobile chairman Xi Guohua said at the shareholders meeting, the need to push customers to upgrade 3G and 4G, last year the company data flow and therefore the amount of explosive revenue growth. China Mobile CEO Li Yue introduced by Tencent micro-channel business impact, short message service first four months of the company fell more than 20%.
A U.S. grand jury has indicted five Chinese military officers on charges of hacking into American companies for information on nuclear plant design, solar manufacturing and other secrets in the toughest action taken by Washington to address cyber spying.
China denied the charges, saying they were "made up" and would damage trust between the two nations. The Chinese foreign ministry said it would suspend the activities of a Sino-U.S. Internet working group.