Deals Of The Day 07/18/12
Utah’s Gunnison Telephone Company says its activation of the Actelis Broadband Accelerator (BBA) has more than tripled its available business and residential bandwidth while delivering broadband where none was previously available. With the Actelis BBA installed, one customer reports he now can remotely monitor, and better protect and manage his assets…Samsung Venture Investment Corporation made a $5 million strategic investment in mobile broadband company Stoke Inc. to support its accelerated penetration of the worldwide LTE equipment market…Verizon is working with Best Buy‘s Geek Squad to offer a tiered-pricing 24/7 wireless “IT Help Desk,” aimed at SMBs with no in-house staff…WOW! Internet, Cable & Phone wrapped its $1.5 billion acquisition of Knology Inc. WOW! CEO/board chairwoman Colleen Abdoulah remains in her position, while Steven Cochran was named WOW!’s president. Former Knology President/CFO Todd Holt is CFO, reporting to Cochran…Canada’s Redline Communications Group Inc. received and shipped a $2 million order for its rugged industrial wireless system to an unnamed “major” oil and gas company. The system is being deployed in south Texas and in North Dakota, providing communications between drilling rigs and the centralized control offices…China Mobile International Limited, a subsidiary of China Mobile, inked a non-binding MOU with Clearwire to develop an international roaming program between China and the United States using TD-LTE. The carriers believe this deal will serve as the template for future roaming agreements with other members of the Global TD-LTE Initiative.