NTT DoCoMo Buys Out PacketVideo
Aug 2, 2010, 5:27 AM by Philip Berne
Japan's NTT DoCoMo will buy the remaining portion of San Diego-based PacketVideo Corporation from NextWave Wireless. DoCoMo currently owns 35% of PacketVideo from a deal made last year, and the carrier will spend $111.6 million to purchase the remaining share. The deal is subject to U.S. regulatory approval. PacketVideo creates software to show multimedia content on wireless handheld devices. The software is used on handsets worldwide, including on devices sold by Verizon Wireless, Motorola and Nokia.
AT&T Kicks Off VoLTE Roaming in Japan
AT&T today said customers can access VoLTE services when traveling to Japan. Specifically, the carrier has struck a VoLTE roaming agreement with NTT DoCoMo, Japan's largest carrier.
Verizon to Buy Yahoo's Internet Business for $4.8B
Verizon Communications today said that it has agreed to buy Yahoo's core internet and search businesses for $4.83 billion. Yahoo's properties will join AOL under Verizon's ownership, to be managed by Marni Walden, EVP and President of the Product Innovation and New Businesses organization at Verizon.
Nokia to Buy Alcatel-Lucent, Mulling Options for HERE Maps
Nokia today said it has agreed to acquire Alcatel-Lucent for $16.6 billion. The combined companies would be a giant in the telecom equipment space with more than 100,000 employees.
Verizon to Sell Landline Biz to Frontier for $10 Billion
Verizon Communications today confirmed plans to sell part of its wireline telephone and internet business to Frontier Communications for $10 billion. The deal covers Verizon's consumer and business assets in California, Florida, and Texas.
T-Mobile Goes After Verizon Customers with Latest Promo
T-Mobile hopes its new "Get Out of the Red" deal will tempt Verizon customers to switch to T-Mobile. T-Mobile is offering to pay the remaining balance on Verizon subscribers' handsets and allow them to use those same handsets on T-Mobile's network.
Domo Arigato Mr. Roboto
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