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Business | Industrial

August 28, 2018 | Comments
Speedcast International entered into a definitive agreement to acquire Globecomm Systems from affiliates of HPS Investment Partners, Tennenbaum Capital Partners and certain other members of Globecomm for an estimated net purchase consideration of $135 million, including expected purchase price adjustments.

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August 27, 2018 | Comments
A new FCC report said the 2017 Atlantic hurricane season was the most expensive hurricane season in U.S. history, almost doubling the cost of the 2005 hurricane season that included Katrina. According to initial estimates, the combined storms caused more than $200 billion in damages in the United States and its territories.

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August 27, 2018 | Comments
In a report on the status of communications services in geographic areas impacted by Tropical Depression Lane as of Aug. 26, the FCC said the storm had minimal effect on communications. For example, 99.4 percent of the cell sites in Hawaii remain operational.

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August 27, 2018 | Comments
Nokia signed a EUR 500 million (US$584 million) loan transaction with the European Investment Bank (EIB), supported by the European Fund for Strategic Investments (EFSI), a key element of the Investment Plan for Europe, also known as the Juncker Plan. Nokia will use the loan to further accelerate its research and development of 5G technology.

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August 27, 2018 | Comments
Several lawmakers wrote to Federal Trade Commission (FTC) chairman Joseph Simons, asking him to investigate whether Verizon’s practices with the Santa Clara County Fire Department were unfair or deceptive.

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August 22, 2018 | Comments
In a public notice, the FCC provided guidance to eight 800 MHz regional planning committees (RPCs) on amending their regional plans to reflect the reconfigured 800 MHz band plan established in the commission’s 800 MHz rebanding proceeding.

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August 21, 2018 | Comments
CTIA announced the creation of the CTIA Cybersecurity Certification Program for cellular-connected internet of things (IoT) devices. The program was developed in collaboration with the U.S. nationwide wireless providers.

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August 21, 2018 | Comments
A cybersecurity specialist, research institutes, service providers and Ireland’s official standards body are among the latest companies to join the global internet of things (IoT) standards initiative oneM2M.

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August 17, 2018 | Comments
In a filing with the U.S. International Trade Commission (ITC), Motorola Solutions argued that proposed ITC sanctions against Hytera Communications would not impact competitive conditions in U.S. markets.

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August 16, 2018 | Comments
The FCC dismissed for lack of standing a petition to deny filed by SNAPS Holding Co. (SHC) against renewal applications of Intelligent Transportation & Monitoring Wireless (ITL) and of Skybridge Spectrum Foundation (Skybridge) for 704 Multiple Address System (MAS) licenses.

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