AWS Auction Reaches $2.4 Billion in Bids, T-Mobile Leads

After 8 rounds, the FCC's auction of licenses for Advanced Wireless Services (AWS-1) spectrum has reached $2.4 billion in bids. The Top Ten Bidders by Net Provisionally Winning Bids so far:T-Mobile LicenseDolan Family Holding (holder in Cablevision)Spectrum Co. (backed by Comcast, Time Warner, Cox and Sprint Nextel)Cricket LicenseeMetroPCSAWS Wireless Inc.Wireless DBS LLC - (backed by DirecTV, News Corp, Fox, EchoStar, Rupert Murdoch, and EchoStar)Barat WirelessCavalier WirelessAntares HoldingsDaily results from the bidding are posting online....

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Motricity Raises $32 Million for Mobile Marketplace

Motricity, a start-up headquartered in Research Triangle Park, N.C., received $32 million for its solutions for the mobile content industry. Concurrently, the company announced the appointment of David Holland, vice president and treasurer of Cisco Systems and Steve Clark, former chief executive officer of SpectraSite Communications, to its board of directors.The $32 million is part of a larger funding round that will close in stages in the coming weeks. It was led by Advanced Equities Inc. with participation from other existing investors.Motricity's...

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Telstra Reaches 1.48 million Broadband Users

Telstra announced a profit after tax of AUD$3.18 billion for the financial year ended 30 June 2006, a decrease of $1.13 billion or 26.2 percent on the prior year. Earnings before interest and tax (EBIT) declined by 20.7 percent or $1.44 billion to $5.50 billion, at the better end of the market guidance decline of 21 to 26 percent.Some highlights:Total income (excluding finance income) grew by 2.9 percent or $658 million to $23.10 billion due to increases in broadband, mobiles, Sensis, IP solutions, inter-carrier services and pay TV bundling, offset...

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CommScope Drops Bid to Acquire Andrew

CommScope, which is the global leader in structured cabling systems for business enterprise applications and also the largest manufacturer of coaxial cable for Hybrid Fiber Coaxial (HFC), decided not to pursue its proposal to acquire Andrew Corporation at the present time.http://www.commscope.comA day earlier, Andrew Corporation had rejected CommScope's proposal to acquire all of Andrew's outstanding shares for $9.50 per share in ca...

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AT&T Supplies MPLS-based Services to Geotech

AT&T was awarded a three-year contract to provide AT&T will provide a variety of network and voice services to Environmental Equipment, Inc., which is based in Denver and has offices across the U.S. and one in Spain. AT&T will provide MPLS Private Network Transport (PNT), Managed Internet Service, IP Telephony, and local and long distance voice services.http://www.att....

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Deutsche Telekom Takes 10% Stake in Click&Buy

Deutsche Telekom's T-Online Venture Fund has made a 10% investment in Switzerland-based FIRSTGATE Holding AG, which owns Click&Buy, Europe's leading provider of Internet payment services.Click&Buy makes it possible for providers to outsource complex billing for paid content, services and goods. The system handles both billing in various currencies and the processing of credit cards, direct debits and the 40 most commonly used payment procedures in Europe. Click&Buy's customers include Electronic Arts, T-Online Gamesload, Apple iTunes,...

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Japan's JCSAT-10 Satellite Launched

The JCSAT-10 telecommunications satellite was successfully launched from Kourou, French Guiana aboard an Ariane 5 rocket. JCSAT-10, which was designed and built by Lockheed Martin for JSAT Corporation of Japan, is the fourth in a series of six A2100 satellites planned this year and the second of three satellites the company will deliver to JSAT. JCSAT-9 was launched earlier this year and JCSAT-11 is scheduled for launch in 2007.JCSAT-10 is a high-power hybrid satellite consisting of 30 active Ku-band transponders and 12 active C- band transponders...

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Ericsson Selected by Poland's Polkomtel

Polkomtel awarded a 3 year managed services contract to Ericsson to manage the design, development, deployment and integration of a new multi-vendor 2G/3G network in Northern and Western Poland, starting October 1, 2006. Under the contract, 20 employees from technical departments will be transferred from Polkomtel to Ericsson and will further strengthen the services organization of Ericsson in Poland. The managed services contract complements the previous network implementation agreement between Ericsson and the operator. Polkomtel will remain...

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