Monday, November 25, 2013

SK Telecom Tests Virtualized Evolved Packet Core with NSN

Nokia Solutions and Networks and SK Telecom demonstrated a joint proof-of-concept for Evolved Packet Core (EPC) virtualization based on Network Functions Virtualization (NFV) principles. The companies said their project showed successful results for capacity scaling for both throughput and signaling traffic in connection with smartphone usage patterns. NSN has previously demonstrated a complete EPC solution in a cloud environment, including both...

Las Vegas Pilots LTE Public Safety Net with Alcatel-Lucent

The Las Vegas Metro Police Department, along with the Nevada Department of Transportation and other first responders, conducted a six-month trial of a 4G LTE public safety network in partnership with Alcatel-Lucent. The trial, which occurred in a designated section of Las Vegas, used 700 MHz Band 14 spectrum allocated to the First Responders Network Authority (FirstNet).  The network delivered real-time use of video gathered from the Las Vegas...

Qualcomm Finalizes $800 Million Sale of Omnitracs

Qualcomm completed the the sale of its Omnitracs subsidiary to Vista Equity Partners (Vista), a U.S.-based private equity firm, for approximately $800 million in cash.  The sale includes all of Omnitracs' operations in the United States, Canada and Latin America. The deal was first announced in August. "Omnitracs was one of Qualcomm's earliest businesses and has been a leader in fleet management and telematics for more than 25 years. We'd like...

China Initiates Anti-Monopoly Investigation into Qualcomm

China’s National Development and Reform Commission (NDRC) has commenced an investigation of Qualcomm relating to the Chinese Anti-Monopoly Law (AML). In a statement, Qualcomm said it is not aware of any charge by the NDRC that Qualcomm has violated the AML. http://www.qualcomm.c...

Equinix Hires Senior Exec from Level 3

Equinix appointed Karl Strohmeyer as president of the Americas, a role in which he will be responsible for the management, strategy and growth plan for Equinix in the Americas, with P&L accountability for the region. Strohmeyer joins Equinix from Level 3 Communications, where he was group vice president for the North American enterprise group. Prior to this role, Strohmeyer led the Global Carrier Channel for Level 3 and managed sales teams...

Alcatel-Lucent USA Offers $250 Million in Senior Notes

Alcatel-Lucent USA announced plans to offer $250 million aggregate principal amount of its 6.750% Senior Notes due November 2020.  The net proceeds will be used, together with available cash, to repay  the €298 million Senior Secured Term Loan Facility due 2019. http://www.alcatel-lucent....