AT&T said it had landed a second utility partner for its smart-grid energy-monitoring service, which will run over the carrier's wireless-data network. Cooper Power Systems will help AT&T market the service in a deal that the telecom said would beef up the technology by furthering its reach from the meter to the power-production plant.
According to a recent survey of Wall Street IT executives, many in the financial industry are considering adopting cloud computing systems as a way to trim costs in this slow economy. The number of respondents that said the cloud would cause significant changes in their business jumped from 21% in 2008 to 46% this year, making it the top disruptive technology for Wall Street firms.
Nortel Networks reportedly has continued to shed assets, laying off U.K.-based executives who oversaw the bankrupt equipment maker's unified-communications services partnership with Microsoft, according to sources. The companies formed the Innovative Communications Alliance in 2006 to develop and market unified communications and VoIP-based technology to enterprise customers.
The FCC has reportedly approved CenturyTel's purchase of Embarq after promising to keep Embarq's wholesale operations and order processing at its current levels and to make substantial investments in upgrading broadband services, according to a published report. Analysts said the deal was representative of a consolidation among rural service providers who are eagerly buying assets the major telecoms are willing to shed.
Telecom carriers are starting to look more to deploying IP Multimedia System technology in the belief that the converged, IP applications -- such as IPTV over integrated fixed and mobile services -- could generate more revenue in a down economy, according to industry observers. They note some service providers are deploying or studying IMS as a way to more efficiently port video content across wireless and fixed-line networks.