FCC Approves Transfer of SkyTerra to HCP

The FCC approved the transfer of control of SkyTerra to Harbinger Capital Partners. SkyTerra is building two new satellites for a next generation ancillary terrestrial network, which will offer ubiquitous mobile + satellite communications across North America for public safety, homeland security, aviation, transportation and entertainment. Dual-Mode handsets would work on both 700 MHz public safety terrestrial networks and on satellites when terrestrial...

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Nokia to Acquire Novarra for Mobile Browser and Services Platform

Nokia agreed to acquire 100% of the outstanding shares of Novarra, a privately-held company based in Chicago that offers a mobile browser and service platform. Novarra has more than 100 employees. Nokia expects a new service offering utilizing the Novarra technology platform to be available later this year."Connecting the next billion consumers to the Internet will happen primarily on mobile devices," said Niklas Savander, Executive Vice President,...

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IEEE to Support Serial 40 Gbps Ethernet Over Single Mode Fiber

The IEEE has begun work on a new amendment to the 802.3 Ethernet standard to enhance the 40 Gbps Ethernet physical layer (PHY) capabilities already under development in the IEEE P802.3ba 40 Gbps and 100 Gbps Ethernet project.The project, which is known as IEEE P802.3bg, aims to provide multiple system operators and telecommunications operators with an IEEE 802.3 Ethernet 40 Gbps serial PHY that provides optical compatibility with existing carrier...

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Cable & Wireless Splits into Two

Cable & Wireless Worldwide began trading as an independent company on the London Stock Exchange under the ticker CW. Cable&Wireless Worldwide provides managed voice, data and IP-based services and applications to large corporates, multinational companies, governments, carrier customers and resellers across the UK and around the globe. It operates an extensive fibre network across the UK, as well as a multiservice NGN with connectivity...

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AT&T to take $1 Billion Accounting Charge for Health Care

AT&T will take a non-cash charge of approximately $1 billion in the first quarter of 2010 to reflect the impact of the new health care legislation signed into law by President Obama. In an SEC filing, AT&T said the new legislation will result in an additional tax burden on the firm and therefore it is evaluating prospective changes to the active and retiree health care benefits offered by the company. AT&T currently has about 282,000...

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