2011

Verizon Wireless announced today that its board of directors has approved a “distribution” of $10 billion to parent companies Verizon Communications Inc. (VZ) and Vodafone Group plc (VOD) to be …

In Spain, Telef

Google has long existed under the mantra “Don’t be evil” but it’s latest ad campaign targeting Microsoft’s Hotmail is just that – evil. Well, perhaps not evil, but it’s certainly …

Nextel Mexico has signed an agreement with China Development Bank (CDB) to receive a US$ 375 million loan in order to acquire 3G network infrastructure from Huawei Technologies Co. Ltd., …

Peruvian president-elect Ollanta Humala plans to name Carlos Paredes Rodriguez as new Minister of Transportation and Communications (MTC). Paredes Rodriguez has been an advocate for decentralization, which will boost investment …

There is nothing we like more here in the Valley than a cat fight, and with two tech tigers currently at each other’s throats over who can best serve up …

Orange and Google announced a strategic partnership that will leverage Orange’s SMS platform to bring Google’s services to African customers. This agreement will facilitate access to the growing mobile internet …

Google’s Android operating system now makes up a whopping 39 percent of the U.S. smartphone market according to a new report from market research outfit Nielson. Google, claims the report, …

Google has long existed under the mantra “Don’t be evil” but it’s latest ad campaign targeting Microsoft’s Hotmail is just that – evil. Well, perhaps not evil, but it’s certainly …

In Spain, Telefónica reported a drop of 16.3% in first-half 2011 net profit to 3.162 billion euros. In the second-quarter, net profit dropped even more: 27%. According to company, it’s …

Texan patent troll Lodsys has slammed Apple with an opposition to the Cupertino company’s motion to intervene in a massive patent infringement lawsuit, threatening Angry Birds maker Rovio, Atari, EA, …

Samsung seems to be getting ahead of itself in the smartphone race, with talk of the Samsung Galaxy S 3 before the Galaxy S 2 has even been officially released …

Crown Castle International Corp. (CCI) said it could see incremental revenue from LightSquared as part of its multi-year Network Vision plan signed with Sprint Nextel Corp. The deal establishes uniform …

Motorola Solutions Inc. (MSI) reported a 6% jump in sales from the year-ago period, reaching $2.05 million in revenue. The company ended the recently closed second quarter with $170 million …

Alcatel-Lucent (ALU) shares dropped 9% after the infrastructure vendor released positive second-quarter earnings results that failed to meet expectations. CEO Ben Verwaayen reiterated that the company expects a strong second …

After months of rumors, LightSquared’s plans to speed up its proposed network deployment seem to have found some solid ground as the company has announced a 15-year, “spectrum hosting and …

Sprint Nextel Corp. (S) continued its operating turn around during the second quarter, but those improvements appeared to have come at a cost.The carrier managed to add nearly 1.1 million …