AT&T Bets on Mexico with Acquisition of Iusacell

AT&T agreed to acquire Iusacell, a leading Mexican mobile operator, from Grupo Salinas for US$2.5 billion, inclusive of Iusacell debt. The deal includes all of Iusacell’s wireless properties, including licenses, network assets, retail stores and approximately 8.6 million subscribers. The acquisition will occur after Grupo Salinas, the current owner of 50 percent of Iusacell, closes its announced purchase of the other 50 percent of Iusacell that...

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AT&T Says CAPEX for Project VIP has Peaked

AT&T confirmed that capital expenditures for its three year old Project VIP will have peaked in 2014. As a result, AT&T now expects its 2015 capital expenditure budget for its existing businesses to be in the $18 billion range, or "mid-teens" as a percentage of total revenues and consistent with historical capital spending levels. Expansion of AT&T's 4G LTE network is largely complete as the network now covers more than 300 million people...

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Cable & Wireless to Acquire the Columbus Undersea Cable Network

Cable & Wireless Communications Plc agreed to acquire Columbus International for approximately US$1.85 billion.  The deal creates a strengthen telecom player in Central America and the Caribbean. CWC is a USD1.69bn revenue telecom services provider operating in 17 countries throughout the Caribbean, Latin America and the Seychelles. It serves 5.7m residential customers with a comprehensive suite of fixed telephony, high-speed broadband,...

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DOCOMO and NEC Test VxLAN Offloadingfor OpenStack Neutron

NTT DOCOMO and NEC Corp. claim up to six times faster data transmission between multiple virtual machines by utilizing network interface cards (NICs) with Virtual eXtensible Local Area Network (VXLAN) offloading. The companies have completed a proof-of-concept that verified that a cloud system configured with open-source OpenStack Neutron, the cloud networking controller within the promising cloud management software OpenStack, is capable of up...

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Mesh Networks Raises $4.3 Million for Bandwidth Mgt

Mesh Networks, which specializes in bandwidth management and optimization, has secured $4.3 million a new round funding from an existing investor base and new private investors.  Mesh Networks bandwidth management solutions are scheduled to be installed into both new and retro-fit mission critical IT infrastructures in verticals that service student housing in the USA and Canada and assisted living facilities throughout the USA and Australia....

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