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A co-founder of telecommunications company Crown Castle has nominated a rival slate of directors to the firm's board, muddying the waters months after activist investor Elliott Management and Crown Castle signed a cooperation agreement. Crown Castle said in a statement rejecting the slate that the Boots Capital nominees "do not possess the relevant expertise and experience." Elliott rebuffed Boots Capital's entreaties, the people said, which they described as seeking investment or access to investors. Miller had been trying to raise money for a special-purpose vehicle to launch an activist fight at Crown Castle prior to Elliott's November launch and had been in conversation with Crown Castle since at least August, the people said. Representatives for Boots Capital did not immediately respond to a request for comment.
Persons: Elliott, Ted Miller, Boots Capital, Miller, Boots Capital's Organizations: Elliott Management, Crown, Boots, CNBC, Boots Capital
We have tried almost every single way to approach gun violence in a way that people will pay attention. There have been 50 mass shootings in the United States so far this year, according to the Gun Violence Archive. Brett Cross says he's unfazed by critics who are against the use of AI-generated voices of children killed by gun violence. But earlier this month, it announced that robocall scams using AI-generated voices are a violation of telecommunications law. He says some parents who’ve lost children to gun violence were reluctant to take part in the project.
Persons: CNN — Joaquin Oliver’s, Marjory Stoneman, “ It’s, , ” Manuel, Patricia Oliver, Joaquin, Marjory Stoneman Douglas, Cody Jackson, , Manuel Oliver, Uzi, Garcia, Mitch Renfro Uzi Garcia, “ I’m, Brett Cross, he’s, he's unfazed, Nuri Vallbona, Ethan Song, Akilah Dasilva, Mike Baughan, Jaycee Webster, Uzi Garcia, Jordan Vonderhaar, Biden, ’ landlines, Oliver, they’re, Alex Quilici, ’ —, Robert Wahl, ” Manuel Oliver, who’ve, It’s Organizations: CNN, Capitol, Marjory Stoneman Douglas High School, Parkland, Kansas City, Robb Elementary School, Reuters, Maryland, Federal Communications Commission, New, Telephone Consumer, Concordia University Wisconsin, Hollywood Locations: Parkland, Parkland , Florida, Florida, Kansas, United States, Uvalde , Texas, Connecticut, Tennessee, Maryland, New Hampshire
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIHS CEO on global communications and telecom infrastructure demandSam Darwish, CEO and Chairman of IHS Towers, discusses the state of telecommunications.
Persons: Sam Darwish Organizations: IHS
An analyst has warned that the Houthis' next target could be undersea internet cables. That analysis warned of the potential shift in the Houthi's strategy in the Red Sea. Such a move would see the Houthis' strategy shift from targeting shipping — itself deeply disruptive to the global economy — to the global flow of information. In the analysis published last week, analyst Emily Milliken at the DC-based Askari Defense & Intelligence described undersea cables as the Houthi's "next casualty." Advertisement"Even partial damage to the undersea cables could eliminate internet access across vast areas, causing major economic disruptions for entire countries," she wrote.
Persons: , Moammar, Emily Milliken, Milliken, Yemen's, Jake Epstein, group's Organizations: UN, Service, Gulf International, Askari Defense & Intelligence, Telegram, General Telecommunications Corporation, Guardian, Yemen Telecom, of Telecommunications, Information Technology, US Central Command Locations: Aden, Gulf, Red, Yemen, Gaza
WASHINGTON (AP) — The Federal Communications Commission has enacted new rules intended to eliminate discrimination in access to internet services, a move which regulators are calling the first major U.S. digital civil rights policy. FCC Chairwoman Jessica Rosenworcel said that Congress required the agency to adopt rules addressing digital discrimination, through bipartisan infrastructure legislation passed at the start of the Biden administration. Poorer, less white neighborhoods were found to have received lower investment in broadband infrastructure and offered worse deals for internet service than comparatively whiter and higher-income areas. It is simply not plausible that we could prevent and eliminate digital discrimination by solely, solely addressing intentional discrimination,” said fellow commissioner Geoffrey Starks. President Joe Biden has said the investments in the bipartisan infrastructure law are meant to connect every U.S. household to quality internet service by 2030 regardless of income or identity.
Persons: Jessica Rosenworcel, Biden, ” Rosenworcel, , Nicol Turner Lee, Brendan Carr, “ It’s, Carr, Geoffrey Starks, , Trump, Joe Biden, Christopher Ali, “ That’s, Ali, ” Ali, ” ___ Matt Brown Organizations: WASHINGTON, Federal Communications Commission, FCC, Associated Press, Center for Technology Innovation, Brookings Institution, National Cable and Telecommunications Association, Free Press, Pennsylvania State University Locations: U.S,
Former President Trump is working to ramp up his support among energy executives, WaPo reported. Support from oil and gas executives would be crucial to his 2024 reelection campaign. Harold Hamm, the billionaire founder and chairman of Continental Resources, for instance, told Trump during a phone conversation earlier this year that he should end his presidential bid, per The Financial Times. "Trump was good on energy, and I think energy policy under Trump would be fine," Eberhart, the DeSantis supporter, told The Post. AdvertisementAdvertisementThe extent of Trump's pitches to energy executives is not a shock to environmental groups, as they battled with the administration over regulations throughout his entire time in the White House.
Persons: Trump, WaPo, , Donald Trump, Joe Biden, Harold Hamm, Hamm, Ron DeSantis, Nikki Haley, Dan Eberhart, DeSantis, Kenny Troutt, Rick Bowmer, Barack Obama, Biden, bonafides, Tiernan Sittenfeld, Steven Cheung Organizations: Service, The Washington Post, Trump, Continental Resources, Gov, Post, White, Canary LLC, AP, Keystone XL, Wildlife, Green New, League of Conservation Voters, Big Locations: Trump, Florida, South Carolina, Trump's, Lago, Texas, Helper , Utah, Paris, Alaska, United States, ANWR
SpaceX CEO Elon Musk has offered his Starlink internet services to aid organizations in Gaza. AdvertisementAdvertisementElon Musk said that Starlink satellite internet will be made available to aid organizations in Gaza after communications were cut off late Friday. AdvertisementAdvertisementIn response to her comment, Musk said: "Starlink will support connectivity to internationally recognized aid organisations in Gaza." Starlink will support connectivity to internationally recognized aid organizations in Gaza. The role of Starlink connectivity in the Ukraine war has attracted controversy over the control it offered Musk in the conflict.
Persons: Elon Musk, , Alexandria Ocasio, Cortez, Musk, — Elon, Mark Regev, Benjamin Netanyahu, Starlink, Shlomo Karhi, He's Organizations: SpaceX, Communications, Service, Guardian, Democrat, BBC Radio, Street, Tech Crunch Locations: Gaza, Israel, Ukraine, Crimea, Russian
CNN —The Israel Defense Forces (IDF) is “expanding ground operations” in the Gaza Strip, IDF spokesman Rear Admiral Daniel Hagari announced Friday, as intense airstrikes rocked the besieged enclave and with communications links reportedly severed. Gaza residents told CNN the strikes were the most intense they have experienced since Israel began to retaliate against Hamas’ October 7 terror attack nearly three weeks ago. A huge wall of heavy smoke that lasted 15 to 30 minutes also blew from Gaza into southern Israel earlier Friday evening. “We have, of course, certainly seen Israel undertake varied operations on the ground in the last couple of days,” National Security Council spokesman John Kirby told reporters Friday. He also declined to say if the Biden administration has confidence that Israel has fully considered the ramifications of a ground incursion.
Persons: Daniel Hagari, Mohammad Shtayyeh, Israel, Shtayyeh, Deir al Balah, Ayman Safadi, , ” Hagari, Hagari, John Kirby, , we’re, ” Kirby, Biden, Kirby, Phillipe Lazzarini, Lazzarini Organizations: CNN, Israel Defense Forces, Israel, ” Palestinian Authority, Al Aqsa Martyrs, Palestine Red Crescent Society, Reuters, United Nations, UN, Assembly, Hamas, IDF, National Security, UN Relief and Works Agency for Palestine Refugees Locations: Gaza, Israel, , Al Aqsa, Deir, Palestine, Gaza City, Israel’s, Egypt, Rafah
Ericsson books $3 bln impairment, says Q3 core profit fell 39%
  + stars: | 2023-10-11 | by ( ) www.reuters.com   time to read: +2 min
A logo of Ericsson is seen outside the company's office in Kanata, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg/File Photo Acquire Licensing RightsSTOCKHOLM, Oct 11 (Reuters) - Ericsson (ERICb.ST) on Wednesday announced a 32 billion Swedish crown ($2.9 billion) impairment charge related to its acquisition last year of Vonage, and said core profits fell in the third quarter as demand tumbled in North America. "The impairment charge represents 50% of the total amount of goodwill and other intangible assets attributed to Vonage." Ericsson said a preliminary reading showed its operating profit before amortisation and restructuring and impairment charges fell 39% in the third quarter to 4.7 billion crowns. Ericsson's profits plunged also in the second quarter as a slowdown in consumer spending hit sales of telecommunications gear.
Persons: Lars Hagberg, Vonage, Ericsson, Anna Ringstrom, Shailesh Kuber, Leslie Adler, Terje Solsvik, Jonathan Oatis Organizations: Ericsson, REUTERS, Rights, Wednesday, Ericsson's, Networks, Thomson Locations: Kanata , Ontario, Canada, Rights STOCKHOLM, North America, Swedish, Stockholm, Bengaluru
Supreme Court ethics concerns aren't going away
  + stars: | 2023-09-27 | by ( Andrew Chung | ) www.reuters.com   time to read: +5 min
The ethics concerns are not going away, according to legal experts, even as the court in its new term takes up cases that could further expand gun rights and curtail the regulatory authority of federal agencies. Some conservatives view the ethics narrative involving the court as cooked up by liberals upset at its rightward leanings. Supreme Court justices decide for themselves whether to disqualify themselves from cases due to a conflict of interest. Thomas, Alito and lawyers involved in the two cases did not respond to requests for comment. The lack of an ethics code, Fogel added, "will continue to fuel doubts, fairly or unfairly, about the court's integrity."
Persons: Clarence Thomas, Samuel Alito, Jeremy Fogel, drumbeat, John Malcolm, Malcolm, Thomas, Harlan Crow, ProPublica, Koch, Alito, Paul Singer, Singer's, Neil Gorsuch, Sonia Sotomayor, Geoffrey Stone, Fogel, Andrew Chung, John Kruzel, Will Dunham 私 たち Organizations: U.S, Supreme, hobnobbing, Judicial, University of California, Berkeley School of Law, Reuters, Heritage Foundation, Singer, Singer's Elliott Investment Management, Windstream, University of Chicago Law Locations: U.S, Texas, Alaska, Chicago, New York, Washington
American economic power is potent but unstable
  + stars: | 2023-09-08 | by ( Peter Thal Larsen | ) www.reuters.com   time to read: +8 min
LONDON, Sept 8 (Reuters Breakingviews) - For the past 15 years, the iPhone has been a totem of U.S. economic power. If the country is cooling on the $2.8 trillion company, it’s a potent indicator of increasingly frosty relations with the United States. Perhaps most significantly, the U.S. government realised it could use the internet to spy on adversaries and the financial system to subdue them. The tendency of capitalism to produce a handful of giant companies, many of them headquartered in the United States, helped successive administrations exert their authority. A complete severing of economic links between China and the United States is hard to imagine.
Persons: Norman Angell, Thomas Friedman, Vladimir Putin, Edward Snowden, Henry Farrell, Abraham Newman, Johns Hopkins SAIS, Putin, Biden, , Farrell, Newman, Donald Trump, ” Farrell, Allen Lane, Jeffrey Goldfarb, Aditya Sriwatsav Organizations: Reuters, Apple, World Trade Organization, New York Times, National Security Agency, U.S . Treasury, Johns Hopkins, Georgetown University, WTO, Huawei, BNP, Biden Administration, Intel, U.S ., European, United, Thomson Locations: China, Beijing, United States, France, Russian, U.S, North Korea, Iran, New York, Washington, Sudan, Cuba, Ukraine, America, Russia, Germany, United, Europe
Maui Police Chief John Pelletier speaks about the wildfire during a media conference in Kahului on Maui island, Hawaii, Aug. 12, 2023. Cars drive away from Lahaina, Hawaii, on Aug. 10, 2023, after wildfires worsened by high winds burned most of the town. A burnt car is seen at the Ho'Onanea condominium complex, in Lahaina, Maui, Hawaii, Aug. 10, 2023. "We'll know soon whether or not they did enough to get those sirens going," Green told MSNBC. Davilynn Severson and Hano Ganer look through the ashes of their family's home for belongings on Aug. 11, 2023, in the aftermath of a wildfire in Lahaina, Maui, Hawaii.
Persons: Josh Green, Green, John Pelletier, Mike Blake, Pelletier, " Pelletier, Hurricane Dora, Marco Garcia, Reuters Green, We'll, Davilynn, Patrick T, Fallon Organizations: Lahaina ., Lahaina . Hawaii Gov, CBS, Maui Police, Reuters Maui Police, aloha, Reuters, MSNBC, Staff, Reuters Authorities, Hawaii Emergency Services Administration, AFP, Getty Locations: Hawaii, Lahaina, Lahaina . Hawaii, U.S, Kahului, Maui, Hurricane, Lahaina , Hawaii, America, Maui County, Minnesota, Upper Kula
Summary June headline inflation at 3.52% vs 3.64% in Reuters pollCore inflation at 2.58% vs 2.64% in pollSome economists forecast interest rate cut in Q3JAKARTA, July 3 (Reuters) - Indonesia's annual inflation rate in June eased to 3.52%, settling into the central bank's target range for a second straight month, data from the statistics bureau showed on Monday. Headline inflation dropped to its lowest since April 2022 and came in below the 3.64% expected in a Reuters poll and below the 4.00% seen in May. Transportation fares, food prices and rents rose in June, Pudji Ismartini, deputy head of Statistics Indonesia, said in a press conference. The core inflation rate, which strips out government-controlled and volatile food prices, eased to 2.58% in June from 2.66% a month before. The poll had expected 2.64% core inflation.
Persons: Pudji Ismartini, Fakhrul Fulvian, Radhika Rao, Stefanno Sulaiman, Fransiska, Kanupriya Kapoor Organizations: Reuters, Bank, Statistics, BI, Trimegah Securities, DBS, Thomson Locations: JAKARTA, Asia's, Statistics Indonesia
"This would be the nail in the coffin for Huawei in Europe," said Paolo Pescatore, an analyst at PP Foresight. China has asked for Huawei to be one of the main points on the agenda, one of the sources familiar with the matter said. Germany's China hawks expressed outrage in March when a Reuters story revealed that German state rail operator Deutsche Bahn was using Huawei gear to digitalise its operations. Berlin in 2021 passed a law setting high hurdles for makers of telecommunications equipment for the "critical components" of 5G networks. It is estimated it would cost billions of euros to rip out and replace Huawei equipment in European countries, potentially burdening telecom companies already sitting on huge debts.
Persons: Paolo Pescatore, Andrew Small, Mikko Huotari, Sweden's, Sarah Marsh, Andreas Rinke, Supantha Mukherjee, Foo Yun Chee, Sergio Goncalves, Mark Potter Organizations: European, Huawei, Deutsche Telekom, Foresight, Deutsche Bahn, Mercator Institute for China Studies, Telecom, Nokia, Sweden's Ericsson, Thomson Locations: BERLIN, STOCKHOLM, Germany, Brussels, Berlin, Beijing, Europe, China, China's, Denmark, Portugal, West, U.S, Stockholm, Lisbon
June 2 (Reuters) - Major U.S. wireless carriers on Friday said they not in talks with Amazon.com Inc (AMZN.O) to offer low-cost wireless services to its Prime members. "AT&T is not in discussions with Amazon to resell wireless services," a company spokesperson said. Verizon spokesperson the company "is not in negotiations with Amazon regarding the resale of (Verizon's) wireless network. Brandon Nispel of KeyBanc Capital Markets said Dish Network, a relatively new entrant in wireless, could be the most likely partner for Amazon. They also rallied in May after a Wall Street Journal report that Dish was in talks to sell its wireless plans through Amazon.
Persons: Christopher Ali, Brandon Nispel, Michael Ashley Schulman, Yuvraj Malik, Aditya Soni, Tanya Jain, Akash Sriram, David Shepardson, Sheila Dang, Nivedita Bhattacharjee Organizations: Major U.S, Amazon.com Inc, Wireless, Bloomberg News, Amazon, Dish Network, Verizon, Mobile, Penn State University, AT, KeyBanc, Journal, U.S, Running, Capital Advisors, Thomson Locations: Major, Bengaluru, Washington, Dallas
Bloomberg News reported that Amazon was negotiating to get the lowest possible wholesale prices and could offer wireless plans for $10 a month or lower to Prime members through these partnerships. AT&T declined to comment, while T-Mobile said it was not in discussions with Amazon for inclusion of its wireless in Prime service. The details of the potential deals between Amazon and the wireless carriers were not immediately known. Dish's shares were an outlier in telecom stocks with a gain of 22%. The company's shares had also soared in May after a Wall Street Journal report that it was in talks to sell its wireless plans through Amazon.
Persons: Christopher Ali, Brandon Nispel, Yuvraj Malik, Tanya Jain, Akash Sriram, Aditya Soni, Sheila Dang, Nivedita Bhattacharjee Organizations: Verizon Communications Inc, Mobile US Inc, Inc, U.S, Bloomberg News, Amazon, Penn State University, Verizon, Mobile, KeyBanc, Markets, Dish Network Corp, Journal, Thomson Locations: Amazon, Bengaluru, Dallas
President Joe Biden nominated telecom attorney Anna Gomez to the Federal Communications Commission, his second attempt to fill an empty seat on the typically five-member panel that has left the agency in a 2-2 deadlock for his entire presidency thus far. Gomez has previously worked for the FCC in several positions over 12 years, the White House said. Jonathan Spalter, president and CEO of USTelecom, a trade group that represents broadband providers like AT&T and Verizon , congratulated Gomez in a statement. Free Press, a nonprofit advocacy group that supports net neutrality, said Gomez's nomination was long overdue. González called Gomez "eminently qualified" for the role and praised the nomination of a Latinx candidate to the position.
How 5G Is Helping Surgeons Operate With Greater Precision
  + stars: | 2023-04-23 | by ( Jiyoung Sohn | ) www.wsj.com   time to read: 1 min
SKIA’s AR surgical guide shows the precise location of tumors and tissues in a patient’s body. Photo: SkiaSEOUL—Private 5G networks could transform the way doctors perform complex surgeries and coordinate with one another on operations. A glimpse of this future is visible in South Korea, a country that has often stood at the forefront of telecommunications and is known for actively experimenting with and quickly adopting new technologies. At major hospitals across Seoul, private 5G has become the backbone technology for everything from speeding up on-site logistics systems to enabling the remote training of medical professionals.
Lula courts Chinese tech for Brazil, brushes off "prejudices"
  + stars: | 2023-04-14 | by ( ) www.reuters.com   time to read: +2 min
BEIJING, April 14 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Friday defended his country's pursuit of Chinese communication and semiconductor technology, brushing off security concerns from Western nations led by the United States. [1/2] Brazil's President Luiz Inacio Lula da Silva gestures near First Lady Rosangela "Janja" da Silva during a visit to Huawei's Research and Development Centre in Shanghai, China, April 13, 2023. Brazil, however, is interested in attracting Chinese investment in these areas, despite recent U.S. pressure discouraging the use of 5G mobile equipment from Huawei. Among their accords, China and Brazil agreed to "explore mechanisms to promote bilateral cooperation in scientific and technological research and industrial innovation." That would involve joint research and development activities between public, private and academic institutions, and the exchange of scientists and scientific papers.
LONDON, March 16 (Reuters) - China's Lenovo Group Ltd (0992.HK) must pay U.S. technology firm InterDigital Inc $138.7 million for a licence for its portfolio of telecommunications patents, London's High Court ruled on Thursday in the latest round of a long-running dispute. InterDigital (IDCC.O) brought the lawsuit against Lenovo in 2019 over the terms on which Lenovo should take a licence of its patents which are essential to 3G, 4G and 5G standards. The litigation, which has so far featured five separate trials, centres on the fair, reasonable and non-discriminatory (FRAND) terms of a licence for InterDigital's patents. He said Lenovo should pay a $138.7 million "lump sum" to cover past and future sales of mobile devices from 2007 until the end of 2023. Marfe added that "all eyes will be on the Unified Patent Court", a common patent court for European Union member states which opens in June, to see whether it takes a similar approach.
"But after years of dithering, the German 5G network is deeply dependent on Chinese suppliers. Huawei, ZTE and China's government reject these claims, saying that they are motivated by a protectionist desire to support non-Chinese rivals. GERMANY LAGGINGWhile several countries across Europe are still formulating telecom policies, only Britain and Sweden have so far banned Huawei and ZTE from supplying critical 5G network equipment. The German government was last month unable to answer a parliamentary request about how many Huawei components operators were using in their 5G networks, filed in part in response to the report. The deadline to remove all Huawei gear from Britain's 5G networks by the end of 2027 remains unchanged.
"But after years of dithering, the German 5G network is deeply dependent on Chinese suppliers. Huawei, ZTE and China's government reject these claims, saying that they are motivated by a protectionist desire to support non-Chinese rivals. The government would ban operators from using certain controlling elements from Huawei and ZTE in 5G networks. The German government was last month unable to answer a recent parliamentary request about how many Huawei components operators were using in their 5G networks. The deadline to remove all Huawei gear from Britain's 5G networks by the end of 2027 remains unchanged.
BERLIN, March 6 (Reuters) - Germany's government is planning on forbidding telecoms operators from using certain components from Chinese companies Huawei and ZTE in their 5G networks, German paper Zeit Online reported on Monday. The ban could include components already built into the networks, requiring operators to remove and replace them, Zeit Online wrote, citing government sources. Huawei, ZTE and the Chinese government reject these claims, saying that they are motivated by a protectionist desire to support non-Chinese rivals. Germany passed an IT security law in 2021 setting high hurdles for makers of telecommunications equipment for next-generation networks, but stopping short of banning Huawei and ZTE as some other countries have done. The government would ban operators from using certain controlling elements from Huawei and ZTE in 5G networks.
Grocery chains looking to deploy new technologies are running into internet bandwidth limitations because of aging hardware and remote locations. “The more you put in the store, the more bandwidth it requires,” said Mr. Kosla. Further investment, however, might be required if the company decides to tap more cutting-edge, bandwidth-heavy tech in the future, Mr. Kosla said. There are a couple reasons grocery stores might struggle with bandwidth, one of the biggest being their locations. In other instances, Mr. Watkins said he might work with technology providers to find ways for processing data with less bandwidth.
Many European countries have banned Chinese companies from all or part of their 5G networks on security grounds, amid intense diplomatic pressure from the United States. Germany, home to operators like Deutsche Telekom (DTEGn.DE) and O2 (O2Dn.DE), passed an IT security law two years ago setting high hurdles for makers of telecommunications equipment for the "critical components" of 5G networks. The German network agency referred Reuters to regulation that shows differentiated treatment for core and RAN components. The information security office did not reply to a request for comment on whether the high share of Chinese components could pose a security threat. A strategy paper by Germany's Greens-run economy ministry has recommended increased scrutiny of components from authoritarian states in critical infrastructure.
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