Apple buys GPS firm Coherent Navigation; LG begins global rollout of G4 smartphone

Quick news from around the Web.

"Altera Rises After Report That Buyout Talks With Intel Resumed  via @business"--@FierceWireless

> SoftBank executive Nikesh Arora said that SoftBank should have restructured Sprint sooner after taking control of the carrier. Article

> Apple bought GPS firm Coherent Navigation. Article (sub. req.)

> LG Electronics is beginning the global rollout of its flagship G4 smartphone. Article

Connected wearable patch shipments will reach 12.3 million units annually by 2020, according to research firm Tractica. Post

> Sprint added Colombia, Denmark, Honduras, Ireland, Italy, Paraguay and Sweden to list of countries that customers can use 2G data roaming for free. Release

> Sprint's Virgin Mobile prepaid brand added more data to its plans as part of a promotion at Walmart. Release

> LG is getting back into the Windows smartphone market, but just via an entry-level device through Verizon Wireless for now. Article

> AT&T Mobility will launch the LG Escape 2 smartphone. Article

> China's army has reportedly banned smart watches over hacking fears. Article

> Michael Fassbender is playing Apple co-founder Steve Jobs. Article

Wireless Tech News

> More than 425 representatives from federal, state and local jurisdictions, as well as vendor community participants, showed up either in person or via webcast for the First Responder Network Authority's (FirstNet) first "Industry Day." Article

> Ruckus Wireless is using the Wireless Broadband Alliance (WBA) Wi-Fi Global Congress event in London to introduce what it calls the industry's first commercially available products to be Wi-Fi Alliance (WFA) Passpoint certified for Hotspot 2.0, Release 2, setting the stage for a whole new way for organizations and users to connect to new public Wi-Fi network services. Article

Cable News

> A group of banks that were previously ready to finance Charter's part in the broader Comcast-Time Warner Cable deal are now set to back its own acquisition of TWC. Article

> While young adults are widely viewed as completely dissonant towards cable, Comcast video services chief Matthew Strauss says they're actually among the biggest bundle buyers for the No. 1 cable company. Article

Telecom News

> CenturyLink has reached a new milestone with its symmetrical 1 Gbps fiber-to-the-business (FTTB) service, announcing it has extended the service to 115,000 additional business locations and into five new states. Article

> While AT&T's deployment of 1 Gbps fiber in Austin, Texas, is going well, Randall Stephenson, chairman and CEO of the carrier, credits Google with making the rollout a commercial success. Article

European Wireless News

> Eircom's mobile business generated its highest EBITDA margin in four and a half years in the three months to end-March--the operator's fiscal third quarter 2015--as revenue grew 5 per cent year-on-year. Article

> Telefónica committed $200 million to the formation of an investment platform that it said will help drive the creation and supply of new products and services for its customers in Europe and Latin America. Article

And finally… In addition to imploring graduates at George Washington University to fight injustice, Apple CEO Tim Cook also took a joking swipe at Android during his commencement address.