Netsocket Appoints Fletcher Hamilton as CEO

Netsocket named Fletcher Hamilton as its new president and CEO, replacing John White, who for the last 2 years led the company’s transformation into a key and innovative technology provider within the SDN market space. Fletcher Hamilton joined Netsocket last year from Acme Packet, where he was vice president of enterprise and government sales and a founding member of the enterprise sales team. Netsocket has also appointed Tricia Hosek as chief...

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Acting FCC Chair Calls for Industry Policy on Device Unlocking

Mignon Clyburn, acting Chairwoman of the FCC, is urging mobile operators to adopt consumer-friendly cell phone unlocking policies. In a statement, she writes that months of meetings with carriers and trade association has yet to result in an industry-standard policy for unlocked devices. Her statement says a voluntary approach is still possible but implies new regulations might also be pursued. Mignon Clyburn, acting Chairwoman of the FCC: "I support...

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Huawei Secures $1.5 Billion Loan

Huawei has secured a US$1.5 billion equivalent 5-year term loan and revolving credit facilities. The dual-currency vacilities comprise a US$750 million equivalent term loan, and a US$750 million equivalent revolving credit facility, which are available in both USD and EUR with the EUR tranche capped at EUR300 million. Huawei said the funds will be used for the general corporate purposes of the company and / or to refinance the existing indebtedness...

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