Sprint Nextel Corp. is seeking a replacement for CEO Gary Forsee, according to the Wall Street Journal. The carrier, which declined to comment on the subject, has struggled with a declining stock price and rising churn, and is generally losing ground to larger rivals...
Shares of Research In Motion Ltd. rocketed after the company broke the 10-million subscriber mark and issued a positive outlook for the rest of the year.The BlackBerry maker reported second-quarter revenue of $1.37 billion, more than doubling revenue during the same period last year...
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 us at RCR Wireless News to rant and rave about whatever rubs us the...
Nokia Siemens Networks reported that Eric Simonsen would trade in the temporary designation on his CFO title for a permanent one effective immediately. Simonsen had been working under the temporary tag since June when he was tapped to replace Peter Schoenhofer, who resigned from...
The term "win-win" rightly makes sober people sick, but it might be applied to AT&T Mobility's news that it will carry HTC Americas' Tilt device, beginning Friday, at $300 with a two-year contract. AT&T Mobility gets an enterprise-grade smartphone supporting its UMTS/HSDPA network with...
The field of mobile marketing startups continued to winnow as Atlanta's Air2Web and Germany's MindMatics agreed to merge.Terms of the deal were not disclosed.Air2Web launched years ago as a wireless messaging and technology firm, but has morphed into a firm that executes mobile marketing...
The U.S. Court of Appeals for the District of Columbia Circuit rejected Verizon Wireless' emergency motion for fast-track treatment of its challenge to the Federal Communication Commission's open-access rule, increasing the likelihood that litigation will remain in play in the lead up to the...
The House Commerce Committee is investigating the parent companies of the two largest mobile phone operators and Qwest Communications International Inc. to determine what extent they may have participated in the National Security Agency's anti-terrorist warrantless wiretap program."Without question, the American government must be...
Aiming to avert speculation about Alcatel-Lucent CEO Pat Russo's future at the company, Alcatel-Lucent's board of directors issued a formal announcement reiterating its support of Russo and her leadership team."Recent reports in the news concerning a board meeting at Alcatel-Lucent have led to mischaracterized...
Family plans are the glue that keeps customers sticky, according to the most recent survey of customer satisfaction by J.D. Power and Associates-and in households where family members share minutes, they are substantially happier with their wireless service than those who do not.The survey...
The Federal Communications Commission and Frontline Wireless L.L.C oppose Verizon Wireless' emergency motion to have its court appeal of the 700 MHz open-access rule put on a fast track."It would make little sense for the court to expedite this case when, halfway through the...
Congress' watchdog agency said the Federal Communications Commission informs stakeholders ahead of the public about which proposed rules are scheduled for votes, advance information that helps certain lobbyists to better time their advocacy efforts.The Government Accountability Office examined a handful of wireless and other...
Verizon Wireless is covering its bases. The nation's second-largest carrier unveiled four new phones today, including a touchscreen-with-QWERTY keypad model from LG Electronics Co. Ltd., without mentioning prices. You'll have to wait for prices until the phones launch sometime before Thanksgiving. The LG touchscreen...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Morgan Stanley cut its price target on Embarq Corp. to $55 from $59, saying it expects the company's stock to underperform relative to the broader...
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.--Myxer: Harris Preston & Partners led a $6.5 million equity financing into Myxer. Also participating were Morganthau Venture Partners...
Palm Inc. is down, but not out. The smartphone maker has struggled to develop a new operating system, bring relevant devices to market and seen its market share plunge-and just posted a loss of $841,000 for its first fiscal quarter, which ended Aug. 31....
Single Touch Interactive Inc., a mobile application provider, has purchased Soapbox Mobile for an undisclosed sum. A Single Touch Interactive representative confirmed the deal, but would not elaborate on any details of the transaction. A spokesperson for Soapbox Mobile was not immediately available for...
A quick tip to all media companies looking to extend their brands to wireless: Yes, even mass-market phones now have many of the bells and whistles of a home PC, but that doesn't mean you have to use them.Today's wireless devices offer a host...
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 RCR Wireless News staff considers events in the wider business world and how they could affect the wireless industry.--TV Guide...
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 service from the user's point of view, with the goal of highlighting what works...
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 mobile content industry to give their insights into the marketplace. In the coming weeks...
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 contract is included when available.Cellular--Bangladesh: L.M. Ericsson announced it signed a framework agreement with...
Nokia Siemens Networks has inked a deal with IBM Corp. to sell multiple business units in research and development and service core and applications to the company. The sale will see up to 235 employees transferred to IBM once the transaction closes, which is...
Verizon Wireless has announced another consumer-friendly change to its policies: It will allow customers to change their wireless service plans without requiring an extension of their contracts.The carrier said the change will be effective Oct. 7, at which point new and existing customers will...