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- Clearwire: We need to draw on Sprint financing
With its losses widening, Clearwire said Tuesday that it needs to draw on the $240 million in financing offered by Sprint Nextel in the wake of Sprint's $2.97-a-share offer to buy full control of the wireless service provider. Clearwire said that without the funding -- and up to $250 million in financing from vendors -- it won't be able to stay fully funded until December. Clearwire said fourth-quarter revenues dipped by 14% as its losses surpassed analysts' estimates. Subscribers totaled 9.6 million at the end of last year, down from 10.4 million reported at the close of 2011. Reuters
(2/12), The Wall Street Journal/Dow Jones Newswires
(2/12) 
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- Report: Broadband access in the U.S. is world-class
Broadband access is steadily improving in the U.S., with pricing and speeds that are competitive with those in leading broadband countries around the world, according to a report by the Information Technology and Innovation Foundation. "The United States has made rapid progress in broadband deployment, performance and price," the report said. Computerworld/IDG News Service
(2/12)     
- Obama announces executive order on cybersecurity
President Barack Obama says he has signed a cybersecurity executive order that aims to boost data sharing between the government and the private sector and to serve as a launchpad for best practices related to online security. "We cannot look back years from now and wonder why we did nothing in the face of real threats to our security and our economy," Obama said in announcing the order during his State of the Union address. The Hill/Hillicon Valley blog
(2/12), Computerworld/IDG News Service
(2/12)
 | USTelecom Spotlight |
- Thursday: What's the Point of Voice Regulation?
Join USTelecom and a panel of experts for a free briefing, Thursday at 9 a.m. Eastern time, discussing how consumers and providers are moving toward Internet-based communications services and whether regulation of voice services makes sense in today's markets. Attend in person or online. Learn more and reserve your space.
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- BlackBerry nears VoIP agreement with UAE telecom Du
BlackBerry is close to completing a deal with United Arab Emirates telecom Du that would give the company an entry to the Persian Gulf nation to provide voice and video services over the Internet with the BlackBerry Z10 smartphone. The companies said Z10 testing is under way and that they expect to launch commercial BlackBerry Messenger service soon. The delivery of VoIP-based services in the Gulf has met resistance from traditional voice providers, however. The Wall Street Journal
(2/13)
- Pertino pioneers NaaS platform
Pertino has introduced a beta version of its network-as-a-service solution that allows end users to establish a secure, cloud-based wide-area networking link with an e-mail address and an Internet connection. The service -- which is optimized for mobile and virtual workforces and features a professional plan for $10 a month -- relies on the company's Cloud Network Engine to replace identifying device features, such as an IP address, with a single "personal address space" on the cloud. The Register (U.K.)
(2/12), Network World
(2/12)
- Vonage shares rise on Q4 earnings, stock buyback, financing pact
Vonage's revenues rose 3% from the previous quarter while declining 1% from the year before on higher earnings. Shareholders also applauded a new $145 million credit facility and the VoIP service provider's intent to buy back $100 million of its outstanding shares. CEO Marc Lefar said net gains in subscribers to U.S. and overseas calling plans were offset by undisclosed setbacks in other units. Forbes
(2/13)
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