Good News day: VZ buys Movildata, Softbank agrees to Sequans use and R&D tech dev, EUTC takes action on impeding LTE IC developers in Europe.
On the EUTC case, you need to read several articles which each add key statements that highlight how the case is both precedential and incremental. There is more coming and Sequans investors should be very, very happy with this ruling that money used to fully disqualify access to a market is an abuse of market position - that is what is presented in case AT.40484 on Sequans behalf.
On the VZ merger, this enhances our partner and increases the potential scale of any customer order. Of course it also increases the stakes in the race to scale. But we should expect fairness in Europe versus a closed door as China and India has presented so far.
On the Softbank PR, while it isn't a product sale, the R&D tech dev results in a tool used by Softbank for all its LwM2M deployments and is consistent with and highlighting earlier Reference Standard agreements Sequans has earned indicating we are recognized Leaders in this technology. This tool will benefit all our customers and reassure their own customers the platforms and modules they develop are fully compliant with requirements. This should also enhance our standing with Sprint in USA, and Carlos Slim's MVNOs on Sprints network through America Movil and all other MVNOs on Sprints network.
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reuters.com
JANUARY 23, 2018 / EU fines chipmaker Qualcomm $1.2 billion over exclusivity deal with Apple BRUSSELS (Reuters) - ... This is the Commission’s first decision on market abuse since the Intel ruling last September. Vestager said the ruling had given guidance on how to prove its case. “We have carefully examined the ruling and the evidence in our case to make sure that our decision fully complies with the guidance given by the court,” she said...
wsj.com
Qualcomm Is Slapped With $1.23 Billion EU Fine for Illegal Payments to Apple EU says Qualcomm abused its dominant position by paying billions of dollars to Apple for chip exclusivity ... The payments were made directly rather than through discounts, the EU said ...
money.cnn.com
EU fines Qualcomm $1.2 billion for paying Apple to use its chips CNN... The European Commission cited a 2011 agreement between the two companies, where Qualcomm pledged "significant payments" to Apple on the condition that iPhones and iPads would only carry its chips. The agreement, extended in 2013 for three years, also made clear that the payments would stop if Apple released devices containing chips from Qualcomm rivals such as Intel. Apple would also have to give back a large part of previous payments, the Commission said in a statement. ...
bloomberg.com
Qualcomm Fined $1.2 Billion as Apple Loyalty Comes at a Price January 24, 2018... “Apple was seriously thinking of switching” from Qualcomm to Intel chips “which would have made a big difference to Intel" but couldn’t do so until its Qualcomm pact was about to expire in September 2016, EU Competition Commissioner Margrethe Vestager told reporters at a Brussels press conference... The case focuses on LTE baseband chipsets used in the 4G mobile phone standard. .. EU officials "are still at it with a priority," Vestager said of that case ...
prnewswire.com
Verizon Telematics Continues European Expansion with its Acquisition of Movildata Internacional PR Newswire January 24, 2018 Company Extends its European Footprint into Spain ATLANTA, Jan. 24, 2018 /PRNewswire/ -- Verizon Communications Inc. today announced the acquisition of Movildata Internacional, a Murcia, Spain-based provider of commercial fleet management solutions... Verizon Telematics is an established leader across Europe with a strong presence in the United Kingdom, Ireland, the Netherlands, Germany, France and Poland. Movildata, an established industry leader in Spain, complements Verizon Telematics' expanding operations in southern Europe, specifically Portugal and Italy. "We see Movildata as a natural fit and highly synergistic with our European business," said Andrés Irlando, CEO of Verizon Telematics. "This strategic acquisition strengthens Verizon Telematics' market position, accelerates growth and allows us to expand the footprint of our market-leading solutions and services."...
businesswire.com
Sequans Announces Collaboration with SoftBank to Accelerate the Deployment of LTE-M and NB-IoT Technologies in Japan
January 24, 2018 08:00 AM PARIS--(BUSINESS WIRE)-... |
