Are service providers taking fraud and revenue leakage more seriously today?

The most common causes of revenue loss among communication service providers (CSPs) globally are poor processes and procedures. This is one of the conclusions of new fraud and revenue leakage research, conducted for Neural Technologies. So far, so normal, but …

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LogiSense provides usage rating and billing for Ingenu to tackle challenges of IoT/M2M

LogiSense Corporation reports that Ingenu has recently chosen its EngageIP Usage Rating and Billing platform. This platform is to help tackle the challenges of metering, monitoring and measuring its new and evolving technologies.

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Telcos face US$300bn global loss from uncollected revenues and fraud in 2016

Neural Technologies has announced the results of its Telecoms Risk Management Global Survey 2016. Telecoms operators face an estimated global average loss of 13% or US$294 billion* resulting from uncollected revenue and fraud.

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Business growth in M2M and IoT outstrips the global economy

The global economy is picking up, even though a dark cloud still looms over the Euro zone. The financial results that Telit and others have reported recently are very positive and there are further indications that M2M /IoT is bucking the trend. 

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Intel spends US$25m for a 30% stake in Vuzix Corp to expand the Google Glass rival

Rochester, NY, USA — Intel Corporation has made a US$24.8 million investment in the loss-making Vuzix® Corporation, a supplier of video eyewear and smart glasses products in the consumer, commercial and entertainment markets.

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MTS gives positive report on Russia’s machine-to-machine communications market in 2014

According to estimates by Russian mobile network operator, MTS over the first nine months of 2014 the country’s machine-to-machine communications (M2M) market increased by 14% to reach 5.5 million SIM cards, while the number of MTS’s M2M SIM cards grew by 16% to 2.9 million.

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CSR’s $2.5bn sale to Qualcomm follows Huawei’s grab for Neul, adds to list of IoT value investments

Qualcomm Inc today announced that it has reached agreement with the UK’s second largest chip designer, CSR plc on the terms of a recommended cash acquisition. As Jeremy Cowan reports, this follows last month’s sale of Neul to Huawei for US$25 million and other recent IoT investments where companies are looking for distressed assets or

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Apple may launch NFC payments in iPhone 6, but the banks and telcos can stop smiling …

West Malling, Kent, UK. August 22, 2014 – It’s that time again. Apple is expected to make a product announcement soon and the Mac-osphere is already going into meltdown about what might be coming. Not for the first time the smartphone “smart” money is on, well, money – or embedded security and near field communications

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Qualcomm and Sierra invest US$5m in Ireland’s Cubic Telecom to enhance embedded M2M connectivity

Dublin, Ireland: Cubic Telecom has secured a US$5 million investment from Qualcomm and Sierra Wireless. Added to earlier financing rounds, this brings total investments in the Irish start-up to date to $15 million. Cubic Telecom is also launching a new funding round to secure a further $15 million from investors.

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The story so far … Subex and T-Mobile USA both fire broadsides

In this new column, editor-in-chief Jeremy Cowan looks at the communications news that’s fit to publish, and all the rest. There’s a strong rebuttal of rumours that Subex is to be sold, and a punchy response from T-Mobile USA’s CEO to allegations by the FTC that it has crammed bogus charges onto customers’ bills.

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Symantec finds new variant of Linux.Darlloz worm that targets the Internet of Things

Security software specialists, Symantec have reported the first known use of  the Darlloz worm to infect devices connected in the Internet of Things (IoT). The Linux.Darlloz worm spreads to vulnerable systems by exploiting the PHP ‘php-cgi’ Information Disclosure Vulnerability.

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Vodafone hit by poor Southern Europe revenues again, CEO puts less emphasis on M2M in 2013

Vodafone today announced disappointing figures for its year ending March 31, 2013. Group revenue was down by 4.2% to £44.4 billion (€52.2bn) and full year organic service revenue declined -1.9%* (Q4 -4.2%*).

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ORBCOMM agrees US$45m term loan financing with AIG for growth capital

Fort Lee, New Jersey (BUSINESS WIRE) — ORBCOMM Inc., a global satellite data communications company specialising in two-way M2M communications, has announced that it has completed a debt financing deal in the form of a five-year term loan through a Senior Secured Note Agreement for US$45 million with AIG Asset Management (U.S.), LLC.

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Oracle buys Cloud-based analytics firm DataRaker to help utilities learn from Big Data

Redwood Shores, California, USA – Oracle has agreed to acquire DataRaker, a provider of a cloud-based analytics platform that enables electric, gas and water utilities to leverage vast amounts of data

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Vodafone reports losses for H1 2012, but group sees 'strong growth' in M2M revenues

Newbury, Berkshire, UK. November 13, 2012 — Vodafone has announced a loss of £1,886 million (€2,358 million) for the six months ended 30 September, 2012, as total revenues fell 7.4% on H1, 2011. But the CEO reported that M2M revenues continued to show ‘strong’ growth.

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