Monthly Archives: November, 2007

Pro-rated ETFs: The new industry standard: Sprint Nextel becomes last of top-tier carriers to modify ETF terms

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...

Tellabs CEO on the way out

Tellabs Inc. announced that Krish Prabhu plans to resign as president and CEO by March 1, 2008. Prabhu, 53, has served in the positions...

Towerstream slides in Q3

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...

Worst of the Week: Awesome Androids

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...

Samsung refreshes $600M media-buying account

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...

Nortel stock surges on positive Q3

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...

Nokia, Vodafone cut content and services deal: Companies’ alliance may buffer Apple, Google advances

As the pace of convergence quickens, Nokia Corp. cut a deal with wireless telecom giant Vodafone Group plc to integrate mutual service offerings designed...

Sony Ericsson widens direct-to-consumer efforts with PlayNow music store

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...

T-Mobile USA to pro-rate ETFs starting next year

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...

AMT cheers investors with profits, raised guidance

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...

TomTom ups bid for Tele Atlas

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...

Financial ratings wrap-up: Sprint Nextel, Research In Motion, Crown Castle and more

The 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...

Venture capital financing wrap-up: 4INFO, MobileStorm, YouMail and more

The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included...

Andrew offloads satellite biz to private equity

Andrew Corp. agreed to sell its satellite communications business to Resilience Capital Partners in a deal that will allow Andrew to maintain an ownership...

‘Danny Bonaduce: Life Coach,’ jokes CBS Mobile

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...

RIM streamlines BlackBerry for smaller businesses

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...

U.S. Cellular nets 73,000 new customers, but misses estimates

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,...

CTIA’s WIC to target barcode scanning, mobile commerce

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...

Google and open source: Viva la difference

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...

REVIEW: YouTube goes mobile with polished service

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...

Margins Check: Google’s TV, the advertising Super Bowl, video calling and more

Editor'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...

QuickPlay adds videos to Alltel’s Celltop

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...

Infrastructure awards wrap-up: Ericsson, Ruckus Wireless and Accenture

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...

Google leads OS alliance, demurs on device

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...

Google’s cellphone plans: Android

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...
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