Sprint Nextel Corp. announced it will pro-rate its early termination fees for customers, the last of the four national wireless carriers to do so.Sprint Nextel’s move comes on the heels …
November 2007
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Tellabs Inc. announced that Krish Prabhu plans to resign as president and CEO by March 1, 2008. Prabhu, 53, has served in the positions at Tellabs since 2004. Tellabs’ stock …
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Towerstream Corp.’s stock slipped a little more than 4% to $2.50 per share after the company reported a net loss of $1.75 million for the third quarter. Revenues for the …
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Hello! And welcome to our Thursday column, Worst of the Week. There’s a lot of nutty stuff that goes on in this industry, so this column is a chance for …
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Samsung Electronics Co. Ltd. awarded its $600 million media-buying account to Publicis Groupe’s Starcom, according to executives familiar with the situation. Starcom prevailed in a review that also included WPP …
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Nortel Networks Corp. stock jumped 18% to $19.40 yesterday when the infrastructure vendor reported earnings of $27 million during the third quarter, up from the $63 million it lost in …
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Nokia, Vodafone cut content and services deal: Companies’ alliance may buffer Apple, Google advances
by jscarboby jscarboAs the pace of convergence quickens, Nokia Corp. cut a deal with wireless telecom giant Vodafone Group plc to integrate mutual service offerings designed to grab eyes, ears and wallets-as …
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Like rival Nokia Corp., Sony Ericsson is stepping up its direct-to-consumer content business.The London-based handset manufacturer said it will expand its PlayNow business, adding a song-identification application and “millions of …
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T-Mobile USA Inc. jumped on the bandwagon for a more consumer-friendly wireless service contract, announcing plans to begin pro-rating early termination fees in the first half of 2008. The changes …
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American Tower Corp. brought in $59.6 million in profits during the third quarter thanks to a 10% increase in total revenue from the year-ago period, the company announced.The company also …
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TomTom NV fired the latest salvo in the bidding war for Tele Atlas, offering to acquire the Dutch digital mapping company for $4.25 billion.The Amsterdam, Netherlands-based maker of car navigation …
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Financial ratings wrap-up: Sprint Nextel, Research In Motion, Crown Castle and more
by jscarboby jscarboThe following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–RBC Capital Markets lowered its price target on Embarq to $60 …
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The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available. –4INFO: Peacock Equity, a …
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Andrew Corp. agreed to sell its satellite communications business to Resilience Capital Partners in a deal that will allow Andrew to maintain an ownership stake in a new company that …
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CBS Mobile has tapped Danny Bonaduce for a new mobile video series that will air on major wireless carriers beginning next week.The first original animated program developed under the CBS …
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Research In Motion Ltd. is targeting small and medium-sized businesses with a new BlackBerry software offering for up to 30 users.The Waterloo, Ontario-based developer released BlackBerry Professional Software, a “streamlined” …
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U.S. Cellular Corp. reported a strong third quarter, with average revenue per user up 10% and postpaid customer gains of about 73,000 subscribers. However, the company missed Wall Street estimates …
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Editor’s Note: Welcome to Reality Check, a feature for RCR Wireless News’ new weekly e-mail service, Mobile Content and Culture. We’ve gathered a group of visionaries and veterans in the …
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Differentiation, finally!Google’s announcement that its mobile play will consist of an open-source software platform highlights the division in industry between featuring content on the carrier’s deck and the benefits and …
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Editor’s Note: Welcome to Yay or Nay, a feature for RCR Wireless News’ new weekly e-mail service, Mobile Content and Culture. Every week we’ll review a new wireless application or …
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Margins Check: Google’s TV, the advertising Super Bowl, video calling and more
by jscarboby jscarboEditor’s Note: Welcome to On the Margins, a feature for RCR Wireless News’ new weekly e-mail service, Mobile Content and Culture. Every week, the RCR Wireless News staff considers events …
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Alltel Corp. announced that it will be using QuickPlay Media Inc.’s OpenVideo platform to provide new streaming video channels on the No. 5 carrier’s Celltop information-on-demand service.Through the partnership, Alltel …
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The following list details this week’s infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the …
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Google Inc. is the new E.F. Hutton-when the Internet search giant talks, everybody listens. Many observers today expected to hear about a long-rumored Google phone-it didn’t happen. Nor were any …
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Google Inc. ended weeks of speculation about its mobile plans, unveiling an alliance of industry heavyweights centered on a new, open-source software platform.The Internet behemoth joined Qualcomm Inc., Motorola Inc., …