Aon has announced that Eric Andersen, Chief Executive Officer of Aon Benfield, and Michael O'Connor, Chief Executive Officer of Aon Risk Solutions, have been appointed co-presidents of the firm, effective immediately. As co-presidents, O'Connor and Andersen will continue to report to Aon's Chief Executive Officer, Greg Case, whose contract was recently extended by the Board of Directors until April of 2023. Aon also announced it will create an integrated global Operating Committee, co-led by Andersen and O'Connor. This, along with other moves are designed to increase the rate of innovation across the firm and make it easier for colleagues to work together to bring the best of Aon to clients. Read more.
Competitive Carriers Association wants federal regulators to auction licenses for the 37, 39 and 47 GHz bands at the same time they put 24 GHz spectrum up for bid, a position shared by CTIA. Both groups sent filings to the Federal Communications Commission telling the agency that delays could hinder development of millimeter wave gear.
The US Senate voted 52-47 Wednesday to approve a resolution to block the Federal Communications Commission's planned reversal of net neutrality rules adopted in 2015, during the Obama administration; three Republicans voted with the Democrats. The measure faces an uphill battle in the House, where the minority Democrats said they will attempt to amass enough signatures -- 218 -- to file a discharge petition to force a vote.
It will take up to three years for T-Mobile to fully absorb Sprint if their merger is approved, the carrier's Neville Ray said at a media conference, comparing the process to T-Mobile's purchase of wireless carrier MetroPCS. Also, AT&T Communications CEO John Donovan said the telecom will not contest T-Mobile's deal.
Global managed services provider iQor has joined CTIA's Reverse Logistics & Service Quality Leadership Council, which has 47 member companies. "The explosive growth in the internet of things, plus the 5G technology revolution on the horizon, will only make them more indispensable. Consumers need to know their devices will be restored to top performance and back in their hands right away [if they fail]," iQor's Larry Worden said.
Kansas City-area device repair company Phone Medic has joined uBreakiFix and will rebrand its eight stores as uBreakiFix locations. Meanwhile, uBreakiFix, which has over 400 locations nationwide, recently opened its second Sarasota, Fla., store.
Total global spending on health care is expected to reach $8.7 trillion by 2020 and longer-term trends suggest that these costs are expected to rise dramatically. Aon research has pinpointed the factors behind rising health care spending around the world. Given the scale of spending, even small initiatives to halt the rise in medical costs can have a significant impact on health and wellbeing around the world. Is your business ready to address rising health care costs? Learn more.
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