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Showing posts from August 9, 2016

Huawei and Vodafone Spain complete commercial implementation of DB-HSDPA Solution

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Huawei and Vodafone Spain have completed the commercial implementation of dual-band High-Speed Downlink Packet Access (DB-HSDPA) technology. The solution delivers approximately double the amount of UMTS throughput compared to a single carrier on UMTS 900MHz. “Huawei and Vodafone have cooperated closely to ensure the successful commercial deployment of DB-HSDPA. We will endeavour to assure the provision of innovative solutions, and accelerate the pace and scale of DB-HSDPA’s commercial application to benefit more subscribers,” said Peng Honghua , President of Huawei’s UMTS Product Line... Read More

ShopClues Releases Reach Allure Speed 4G smartphone

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ShopClues has launched the Reach Allure Speed smartphone in India. Originally priced at INR 7,000, the power-packed 4G smartphone with a sleek and stylish design is now available on ShopClues at an exclusive price of INR 4,299. The smartphone has a 5 inch display with Dual SIM 4G LTE.   At the launch, Nitin Sharma, Senior Director – Categories at Shopclues said, “The consumer demand for Reach smartphones is steadily increasing on our platform. These quality-packed smartphones are cost-effective and deliver a great performance. We are extremely delighted to welcome another product from the premium mobile brand on our platform. Given its specifications and the trust that people have vested in Reach smartphones, we are confident that the sales figures for Reach Allure Speed are going to break all the previous records set by the brand.” Read More

Dataram raises $503,000 from Series D Preferred Stock for global expansion

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Dataram Corporation (DRAM) has announced that on August 3, 2016, it executed definitive purchase agreements with certain accredited investors, pursuant to which the company agreed to sell 3,699 shares of its Series D Preferred Stock (the “Series D Stock”) at a price of $136.00 per share.  Each share of Series D Preferred Stock is convertible into 100 shares of common stock at a conversion price of $1.36 per share.  The shares were priced based on market close on August 2, 2016.  The company closed on the sale of the Series D Preferred Stock on August 4, 2016 with gross proceeds to the company of approximately $503,000. The Series D Stock is convertible into common shares at the ratio of 100 common shares for every Series D share.  The shares are eligible for a special one-time dividend.  No warrants were issued as part of the transaction... Read More

IBM and Vodafone ink 5-year agreement over IT infrastructure and applications environment

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IBM and Vodafone India have inked a five-year agreement. IBM will manage IT services support for Vodafone’s IT infrastructure and applications environment. Vishant Vora, Director, Technology & Network, Vodafone India , said, “We are a technology-driven organization and introducing the latest advances is the key to delivering the best of experiences to our customers. Partnering with IBM will help us enhance customer’s experience with intuitive capabilities and build a cost optimized, flexible and scalable IT infrastructure.” Vanitha Narayanan, Managing Director, IBM India , said, “We are delighted to continue our relationship with Vodafone India. IBM’s leading-edge capabilities will help strengthen Vodafone India’s vision of delivering differentiated client experiences. I am grateful for Vodafone India’s continued trust in IBM and look forward to an enduring partnership with them.” Read More

Telenor trials 4G network in Anand

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In line with its network up gradation plans, Telenor has announced the launch of a pilot to deliver high-speed 4G services for its customers in Anand. Subscribers will now experience high-speed wireless mobile internet on the company’s advance network architecture and get on to the digital superhighway to cater to their data needs. The pilot in Anand follows the successful test pilot of Telenor’s 4G services across its 6 circles in Varanasi, Vizag, Amravati, Agra, Lucknow, Ranchi, Vijayawada, Tenali, Eluru and Bhimavaram. With this, Telenor has moved a step closer to its ambition of Internet for All and becoming the preferred partner in the digital life of its customers. Customers can avail 4G services with Telenor in Anand city with 2 STVs – STV 159 offering 1GB 4G data and 25 Paise local and STD calling, and STV 229 offering 2GB 4G data and 25 Paise local and STD calling... Read More