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Reliance Communications, an Indian telecommunication company, has purchased U.S. Ethernet service provider Yipes for a sum of $300 million, and is Reliance’s largest acquisition to date. “…We see enormous potential to rapidly expand Yipes coverage in the U.S. and to globalize Yipes service by leveraging our customer relationships and network reach around the globe,” said Anil D. Ambani, Chairman of Reliance Communications. “We confidently expect this acquisition to significantly enhance the growth rate, profitability and returns of our global data business.”
Amp’d Mobile, a U.S. mobile phone service that came about in 2005, has shut down its service. Customers were notified via text message. Unable to find investors willing to take on its debt, Amp’d was forced to sell its assets. The debt seems to have partially come about when much of Amp’d customer base failed to pay its bills. Amp’d specifically marketed its services to a younger generation of customers.
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In an effort to further connect customers to the wireless world, American Airlines is planning to test an in-flight broadband service in 2008. |
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In an effort to further connect customers to the wireless world, American Airlines is planning to test an in-flight broadband service in 2008. The service will use technology from AirCell, and will provide Wi-Fi access to laptops and various other wireless devices.
In yet another instance of price cutting, of which we have seen quite a few in the last several months, Australia’s 3 Mobile has trimmed their data prices in an effort to allow their customers to pay less money and send more data. The new plans allow customers to transfer 1 gigabyte of data for $29 per month, increased from just 200 megabytes. The price maneuver may lead to price cuts by many of 3 Mobile’s competitors.
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The iPhone, which made big news last month, is hoping to have made its millionth phone sale by the end of September. Apple has confirmed that it will be slowly making the iPhone available to European customers beginning next quarter, but only in certain select countries. Analysts suspect there will be more than 14 million iPhones sold by the end of 2008. Good news for AT&T, who right now sports the exclusive iPhone services contract. In other AT&T news, AT&T has recently rolled out a new Video Share service that allows subscribers to send video clips to each other during phone calls. AT&T has also announced a new Mobile Backup service that will allow customers to store contact information on a server for use in the event of breaking or losing their mobile phones. The service will cost $1.99 a month. Things are clearly going well for AT&T, whose profit rose 61% in the second quarter, up from last year’s second quarter.
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A recent decision against Microsoft that would have it paying $1.5 billion to Alcatel-Lucent for patent infringement was recently overturned by a U.S. judge. Alcatel-Lucent plans to appeal the decision.
Enhanced Telecommunications, Inc. (ETI) is proud to announce that is has been named one of Broadband Properties magazine’s top 100 Fiber-to-the-Home technologies for 2007, for the second year in a row. “Being named to Broadband Properties’ Top 100 once again puts us in excellent company with other leading-edge firms,” says Peter M. Pifer, President and CEO, ETI Software. “Without a doubt the key to our success over the years has been the ability to seamlessly connect different technologies together, coupled with the largest proven inventory of video and fiber interfaces in the world.”
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