IoT and AI deployment AM

US telecommunications incumbent AT&T has announced that it is collaborating with the City of San Jose in a public-private partnership which aims to foster the creation of a smart city.

AT&T and Nokia are teaming up to provide virtually seamless Internet of Things (IoT) connectivity around the world. The companies are using Nokia's Worldwide IoT Network Grid (WING) to offer AT&T's enterprise customers the benefits of Nokia's global IoT ecosystem. These include core network, dedicated IoT operations, billing, security, data analytics, and more.

Chairman of the Federal Communications Commission (FCC) Ajit Pai, has outlined the blueprint which he believes will help accelerate the development and subsequent deployment of 5G networks in the US.

As they say, the third time is a charm! T-Mobile and Sprint tell us they have entered into a definitive agreement to merge in an all-stock transaction at a fixed exchange ratio of 0.10256 T-Mobile shares for each Sprint share or the equivalent of 9.75 Sprint shares for each T-Mobile US share. Based on closing share prices on April 27, this represents a total implied enterprise value of approximately $59 billion for Sprint and approximately $146 billion for the combined company. The new company will have a strong closing balance sheet and a fully funded business plan with a strong foundation of secured investment grade debt at close.

An Internet of Things powered media entity, Smart City Media, has announced that it has agreed to enter into a strategic partnership with Duke Energy One that will oversee the deployment of outdoor digital technology in Louisville.