Intellectual Ventures awarded $43 million in patent infringement trial

Intellectual Ventures, a Bellevue-based company, was awarded $43 million after telecom heavyweights T-Mobile and Ericsson were found guilty of …

Intellectual Ventures, a Bellevue-based company, was awarded $43 million after telecom heavyweights T-Mobile and Ericsson were found guilty of infringing on company patents by a Texas jury on Feb. 8.

The jury awarded $34 million against T-Mobile and $9 million against Ericsson for their infringement on the company patents used for wireless services for the LTE network. The jury also determined T-Mobile and Ericsson failed to provide convincing evidence that Intellectual Ventures’ claims involving the patents were invalid. The case decision followed a one-week trial in the U.S. District Court for the Eastern District of Texas in Marshall.

T-Mobile and Ericsson did not respond to multiple requests for comment.

“We are grateful for the jurors’ attention in this case and their decision in favor of our client,” said Johnny Ward of Ward, Smith & Hill PLLC, who represented Intellectual Ventures. “This verdict shows you can’t infringe on another company’s patents and expect to get away with it.”

The patents-in-suit trial included U.S. Patents 6,628,629, 7,412,517 and RE46,206 owned by Intellectual Ventures for wireless transmissions. Intellectual Ventures is a global invention and investment business.

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Telstra (TLSYY) vs. Telecom Argentina (TEO) Financial Comparison

Telstra (OTCMKTS:TLSYY) and Telecom Argentina (NYSE:TEO) are both utilities companies, but which is the better investment? We will compare the …

Telstra (OTCMKTS:TLSYY) and Telecom Argentina (NYSE:TEO) are both utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, risk, analyst recommendations, earnings, valuation, dividends and institutional ownership.

Analyst Recommendations

This is a summary of current ratings and target prices for Telstra and Telecom Argentina, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Telstra 0 0 2 0 3.00
Telecom Argentina 1 3 0 0 1.75

Insider and Institutional Ownership

0.1% of Telstra shares are held by institutional investors. Comparatively, 6.8% of Telecom Argentina shares are held by institutional investors. 1.0% of Telecom Argentina shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Telstra and Telecom Argentina’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Telstra $20.17 billion 1.35 $2.76 billion $1.16 9.87
Telecom Argentina $3.95 billion 0.75 $460.85 million $2.39 6.38

Telstra has higher revenue and earnings than Telecom Argentina. Telecom Argentina is trading at a lower price-to-earnings ratio than Telstra, indicating that it is currently the more affordable of the two stocks.

Dividends

Telstra pays an annual dividend of $0.76 per share and has a dividend yield of 6.6%. Telecom Argentina pays an annual dividend of $0.79 per share and has a dividend yield of 5.2%. Telstra pays out 65.5% of its earnings in the form of a dividend. Telecom Argentina pays out 33.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Volatility and Risk

Telstra has a beta of 0.85, suggesting that its stock price is 15% less volatile than the S&P 500. Comparatively, Telecom Argentina has a beta of 0.93, suggesting that its stock price is 7% less volatile than the S&P 500.

Profitability

This table compares Telstra and Telecom Argentina’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Telstra N/A N/A N/A
Telecom Argentina -9.90% -12.13% -6.22%

Summary

Telstra beats Telecom Argentina on 10 of the 15 factors compared between the two stocks.

Telstra Company Profile

Telstra logoTelstra Corporation Limited, together with its subsidiaries, provides telecommunications and information services to businesses, governments, communities, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Telstra Operations, and Telstra Wholesale. The company offers telecommunication products, services, and solutions across mobiles, fixed and mobile broadband, telephony and pay television/Internet protocol, and digital content; and online self-service capabilities, including buying, billing, and servicing requests, as well as operates inbound and outbound call centers, owned and licensed Telstra shops, and the Telstra dealership network. It also provides sales and contract management services for medium to large business and government customers; and product management services for advanced technology solutions and services, such as data and Internet protocol networks, and mobility applications and services, as well as network applications and services products comprising managed network, unified communications, cloud, industry solutions, and integrated services and monitoring. In addition, the company engages in the development of industry vertical solutions; planning, design, engineering architecture, and construction of Telstra networks, technology, and information technology solutions; and provision of a range of telecommunication products and services to other carriers, carriage service providers, and Internet service providers through its networks and related support systems. Further, it provides disconnection, media and marketing, and other services. The company was formerly known as Australian and Overseas Telecommunications Corporation Limited and changed its name to Telstra Corporation Limited in April 1993. Telstra Corporation Limited was founded in 1901 and is based in Melbourne, Australia.

Telecom Argentina Company Profile

Telecom Argentina logoTelecom Argentina SA engages in the provision of telecommunications services. It operates through the following segments: Fixed Services, Personal Mobile Services and Nucleo Mobile Services. The Fixed Services segment offers basic telephone services; interconnection services; data transmission and internet services; information and communication technology services; other telephone services; and sale of equipment. The Personal Mobile Services provides voice, data, internet services, and sells mobile communication devices. The Nucleo Mobile Services offers telecommunication services in Paraguay. The company was founded on January 5, 1990 is headquartered in Buenos Aires, Argentina.

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MWC 2019 – LoRa Alliance: interview with CEO, Donna Moore

LoRaWAN was named by multiple sources as the de facto LPWAN standard, the millions of devices we now have on the market, the global footprint …

Donna Moore, CEO of the LoRa Alliance
At Mobile World Congress 2019, we had the opportunity to interview Donna Moore, CEO & Chairwoman of the LoRa Alliance accompanied by Marc Pegulu, VP IoT Product Marketing & Strategy at Semtech, to discuss the latest developments of the Alliance and the LoRa technology.

Interview conducted by Manuel Nau, Managing and Editorial Director at IoT Business News.

IoT Business News: Can you share with our readers some of the key achievements of the LoRa Alliance in 2018?

Donna Moore: Within the last year, some of the biggest changes have been that:

LoRaWAN was named by multiple sources as the de facto LPWAN standard, the millions of devices we now have on the market, the global footprint with over one hundred countries and one hundred network operators supporting LoRaWAN, and the fact that our deployments, in particular over the last six months, are at scale and growing massively. One of them is the Veolia and Orange project with 3 million water meters to be connected to Orange’s LoRa network in France. And there are very large projects in many countries. So we are just globally now and the numbers are escalating in terms of mass deployments. These are some of the key announcements of last year.

What is interesting with LoRaWAN recently is that a venture capital fund called Momenta Ventures has launched a 25 to 50M$ fund for LoRaWAN companies because they believe that LoRaWAN is really the LPWAN winner. And they believe they are going to see tremendous return on their investments. I have never seen this for an open standard before, having a private equity ready to fund small startup companies. The typical investment should be 500k$ per project and exclusive to LoRaWAN companies. This means they do believe in our technology.

We have features such as the firmware update over the air (FOTA) which is a big differentiator for us. It guarantees the sustainability of the devices out in the field. Specifications of the FOTA have been released 6 months ago and the implementations are available now.

LoRa Alliance booth at MWC2019IoTBN: What is the view of the Alliance on 5G vs LoRaWAN in IoT?

DM: It is really application dependent. 5G is high-bandwidth, low latency, primarily for emergency services or entertainment services in the connected car for example. But this is not our space. Ours is wireless applications requiring long battery-life, availability and flexibility of private and public networks, with the possibility to easily densify coverage in urban areas by just adding a few gateways. We have CAPEX or service models.

IoTBN: What is the split in terms of volumes between LoRaWAN devices connected to private vs public networks?

DM: The Veolia and Orange project is 3 million devices for example so we have large deployments coming on public networks. We have the leading operators supporting both LoRaWAN and cellular technologies to allow all the different use cases with IoT. We see massive roll outs in progress on both types of networks.

IoTBN: What about roaming across public networks. Is it available now or still in trial phase?

DM: We already have operators with roaming agreements in place like Objenious, KPN, Swisscom…so it’s real. The technology is available and the operators are negotiating the agreements now, driven by the needs of their customers for applications like logistics for example.

IoTBN: What is the strategy of the alliance to expand?

DM: We have a wide ecosystem going from chipset to system integrators with over 500 members representing all of these areas. Our developer ecosystem is very large, with companies like The Things Network and Actility and the innovation in terms of use cases and spreading is huge for LoRaWAN. But we also see the big companies like Google, IBM, Cisco opening the doors. And the innovation happening at their developers level is amazing. So we intend to continue our expansion in these areas.

LoRa Alliance ecosystem

In terms of marketing we are just launching a LoRaWAN showcase where our members can implement their certified devices into the showcase which is a kind of shopping place for customers to know where to find the devices they need.

We are also expanding our certification program which is designed to give full confidence in devices designed to be operating on the field for more than 10 years. In the program we are testing radio frequency as well as battery life for example. And we are launching this year a pre-certification tool allowing our members to pre-certify their devices on their own site. Then we have contracted with test houses all around the world so when they receive the pre-certified devices they only have to run a short test procedure. We then check the results at the Alliance and give the “LoRaWAN certified” logo. Usually the certification process takes a couple of days at the test house and with the pre-testing tool it will be even quicker, which also saves some money. The tool will be available mid-year. We are in the process of developing it right now. It will test compliance with the protocol as well as interoperability with different networks. This last part is the result of a focus group between operators where they have defined what they needed to guarantee interoperability. This is a huge step forward for us and for the market.

IoTBN: what are the regional dynamics in terms of LoRaWAN adoption?

DM: Asia and Europe are the strongest in terms of traction, but we are also seeing India where the government has just invested 150M$ in IoT development. The operators there are launching city wide LoRaWAN networks funded by the government.

Our footprint today comprises 101 operators worldwide and this number is increasing. 25% of those operators, claim they will keep LoRaWAN even when NB-IoT is ready, offering both solutions to their IoT customers. The reason for this is that they have benchmarked LoRaWAN against NB-IoT and for the use cases requiring extremely low-power, long range and deep indoor connectivity, LoRaWAN is the best. Therefore, LoRaWAN and NB-IoT are seen as complementary. An example is smart city applications: the utilities have meters located deep underground or behind concrete walls, but cellular cannot apply whereas LoRaWAN can. There are a lot of smart cities projects adopting LoRaWAN at the moment and therefore the coverage is extending quickly. There are also initiatives like the Fleet Space project which will offer a worldwide coverage through a combination of LoRaWAN and satellite. And when announcing their hybrid satellite-LoRa solution the company had 1 million sensors signed in less than 24 hours !

LoRaWAN coverage

MP: In terms of volumes, we have shipped (cumlulative since LoRa exists) a bit more than 80 million LoRa devices in total worldwide. Some of them are still using proprietary protocols on top of the LoRa physical layer, but there is a very strong adoption of the LoRaWAN protocol, and most of them should convert to LoRaWAN in the years to come.

IoTBN: what are the solutions available in terms of LoRa chipsets and what is the cost of a LoRa module today?

MP: Semtech is licensing the LoRa technology to other chipset vendors and module makers such as ST, Murata, Microchip…And now we are seeing LoRa modules below 5$ for a complete modem function.

IoTBN: is there any event planned this year to present the LoRa Alliance to the public?

DM: We have an event scheduled in Berlin on the week of June 11, with a few days reserved for the Alliance members and one day fully open to companies wishing to learn more about LoRa Alliance’ s ecosystem called LoRaWAN Live, this one-day event open to everyone will take place on June 13. It will be a huge event with speaker tracks, government officials, service provider tracks, live demonstrations. Everyone is welcome to join and enjoy this special day and see by themselves the unique possibilities offered by the LoRaWAN technology…

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Launceston and Hobart CBDs get first 5G but handsets still to come

PHONE UPGRADE: The new technology of 5G means customers will have to upgrade their phones to use the faster network. Here, LG Electronics …

He was commenting on the Deloitte report 5G:The new network arrives, which predicted the commercial launch of 5G this year, with up to 10,000 fixed wireless 5G services in operation by the end of 2019.

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Australian Telco Company Profiles, 2018: Telstra, Optus, Vodafone Australia, TPG, iiNet, Vocus …

DUBLIN–(BUSINESS WIRE)–Mar 12, 2019–The “Australia – Telco Company Profiles” report has been added to ResearchAndMarkets.com’s offering.

DUBLIN–(BUSINESS WIRE)–Mar 12, 2019–The “Australia – Telco Company Profiles” report has been added to ResearchAndMarkets.com’s offering.

This report provides overviews, analyses and statistics on Australian telcos including: Telstra, Optus, Vodafone Australia, TPG, iiNet, Vocus and Macquarie Telecom including key operating and financial data.

This report provides a comprehensive overview of the major fixed broadband service providers in Australia: Telstra, Optus, Vocus, TPG, Macquarie Telecom and Vodafone Australia.

The Australian mobile market is dominated by the three major mobile network operators Telstra, Optus, and Vodafone (VHA). These have been able to offer LTE services on a wholesale basis thus encouraging growth in the LTE sector.

This report evaluates the strategies and performances of the mobile network operators, including financial and operational data. It also reviews the main MVNOs and presents an industry overview as well as data and analysis on the trends and key developments in these maturing markets.

Key Developments

  • Vodafone began expanding its NBN fixed line service from Sydney and other major cities
  • Telstra released its four pillar’ strategy
  • TPG is set to enter the mobile network operator sector
  • Amaysim recently announced the launch of its NBN products
  • 4.5G and 5G are the new frontiers linked to wearable device communications and other IoT and M2M activities
  • Telstra has both the IoT and M2M markets in its sights

Topics Covered

1. Mobile Network Operators & MVNOs

2. Fixed Broadband Service Providers

3. Video-On-Demand (VOD) Providers

Companies Featured

  • 3
  • AAPT
  • Aldi Mobile; Boost Mobile
  • Alphawest
  • Amcom
  • Comindico
  • Crazy Johns
  • Hutchison Australia
  • iiNet
  • JB HiFi
  • Kogan Mobile
  • Lebara
  • M2
  • Macquarie Telecom
  • MeU Mobile; Amaysim
  • NBN
  • Nextgen Network
  • Optus
  • Pipe Networks
  • Pivotel
  • PowerTel
  • Red Bull Mobile
  • Soul
  • Telstra
  • TPG Telecom
  • Virgin Mobile
  • Vocus
  • Vodafone
  • Woolworths

For more information about this report visit https://www.researchandmarkets.com/research/qs39x4/australian_telco?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190312005397/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

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Related Topics:Telecommunications and Networks

KEYWORD: AUSTRALIA/OCEANIA

INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 03/12/2019 06:10 AM/DISC: 03/12/2019 06:10 AM

http://www.businesswire.com/news/home/20190312005397/en

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