AT&T Completes Cricket Acquisition

AT&T completed its previously announced acquisition of prepaid wireless provider Leap Wireless International Inc., which operates under the Cricket brand, for $15 per share in cash. Leap shareholders will also receive a contingent right entitling them to the net proceeds received on the sale of Leap’s 700 MHz “A Block” spectrum in Chicago, which Leap purchased for $204 million in August 2012. Leap currently operates a 3G CDMA network, as well...

Read More

Ericsson: Near Term Growth Expected Around 4%

From 2012 to 2016, Ericsson expects a compound annual growth rate of more than 4% in markets it serves (measured in USD with some variations), according to the company's newly published Annual Report.  Ericsson argues that the underlying fundamentals for growth in the industry are intact, driven largely by the rapid increase in smartphones and mobile broadband subscriptions. In his letter to shareholders, Hans Vestburg, Ericsson's President...

Read More

Broadcom Sells Certain Ethernet Controller-related Assets to QLogi

Broadcom completed the sale of certain Ethernet controller-related assets to QLogic Corporation for approximately $147 million in cash. The sale includes certain 10/40/100Gb Ethernet controller-related assets and non-exclusive licenses to intellectual property relating primarily to Broadcom's programmable NetXtreme II Ethernet controller family. The companies have entered into a long-term supply agreement whereby Broadcom will become ASIC supplier...

Read More

Google Slices Storage Pricing

Google rolled out a major price cut for its paid online storage service for consumers.  Monthly storage plans for 100GB have been cut to $1.99 (previously $4.99), 1TB storage is reduced to $9.99 (previously $49.99) and 10TB of online storage now costs $99.00.  Google says it can provide more storage if you need it. Google storage is shared across is Drive, Gmail and Google+ Photos services. https://www.google.com/settings/stora...

Read More

Crehan Research: 10GbE Data Center Switches Surpass 1GbE

Robust 2013 year-end growth has propelled 10 gigabit Ethernet (10GbE) data center switch port shipments past those of gigabit Ethernet (1GbE) for the first time, according to a recent report from Crehan Research. Since first product introductions in 2001, 10GbE data center switching has overcome numerous hurdles on the path to majority adoption. These have included: Very low port-density switches, with accompanying prices prohibitive to volume...

Read More

Huawei Intros Enhanced eLTE Broadband Trunking

Huawei introduced an enhanced version of its enterprise LTE (eLTE) broadband trunking solution, which launched last year and has been deployed in various vertical industries, including government, energy, transportation and smart grids around the world. Huawei's eLTE supports downlink rates of up to 100 Mbps and uplinks at up to 50 Mbps. The enhanced version, named eLTE 3.1 Broadband Trunking Solution, supports a broad set of eLTE services, including...

Read More