The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier --Lehman Brothers lowered its rating on Leap Wireless to equal weight from overweight and cut its price target on the company to $43 from...
Shares of satellite provider EchoStar Communications Corp. surged more than 25% yesterday, prompted by speculation that the company may be purchased by AT&T Inc. TheStreet.com reported that AT&T is close to a deal with EchoStar for a $29.5 billion buyout, citing a "source familiar...
Florida Attorney General Bill McCollum sued Buongiorno S.p.A, accusing the Italian mobile content giant of blatantly deceptive practices and cramming charges onto consumers' cellphone bills. "For too long, not enough attention has been paid to the manner in which unscrupulous companies were conducting business...
The Federal Communications Commission selected the Public Safety Spectrum Trust Corp. as the licensee that will team up with the winning bidder of the commercial D-Block spectrum license in the upcoming 700 MHz auction to deploy a dual-use wireless broadband network. "We are...
BEIJING-One of China's largest companies, Haier Group, is stepping up its efforts to build a global brand on the scale of Samsung or Sony by appointing an ex-Motorola Inc. marketer, Larry Rinaldi, to a new position, global chief brand officer.Haier already has a global...
The third quarter saw consumer handset sales in the United States valued at $3.2 billion, a 47% jump over the year-ago quarter, according to new data from NPD Group. Those numbers are based on 38 million units sold to consumers.Smartphones catapulted to 11% of...
Whether an element of schadenfreude-pleasure at another's misfortune-has played a role in Qualcomm Inc.'s depressed stock value, no one can say. But two analysts this week took a careful look at Qualcomm's future and upgraded their rating of its stock, which ticked up more...
Editor's Note: Welcome to On the Margins, a feature for RCR Wireless News' 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.--AOL announced it...
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--Finland: Elisa has chosen Nokia Siemens Networks and L.M. Ericsson...
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...
This week marks the beginning of the holiday season, of course, when most of us focus less on business and more on the reasons we work so hard. So in the spirit of the upcoming long weekend-and thanks to a predictably lethargic news cycle-a...
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...
EarthLink Inc. late Friday announced it is considering "strategic alternatives" for its municipal Wi-Fi operations, language typically used to signify that a business is up for sale. Indeed, the company even offered what appears to be a price tag, explaining in a short press...
T-Mobile USA Inc. suspended sales of its Sidekick Slide on Friday after manufacturer Motorola Inc. informed the carrier that some of the devices power off when the sliding door on the device is opened or closed. The device went on sale earlier this month...
AT&T Inc. said that it agreed to acquire Ingenio, an advertising technology firm whose pay-per-call technology will be integrated into the company's directory services and local search advertising portfolio.Ingenio's product is an advertising platform AT&T described as " businesses to mange their ad programs...
Online retailer Amazon.com Inc. announced a new reading gadget-dubbed Kindle-that will allow users to download books, magazines and other publications via Sprint Nextel Corp.'s network. The innovative offering requires no monthly service fees; instead, the cost of wireless access is built into the price...
Dropping vowels from the name of a wireless handset, apparently, may never die. Same with dropping names. AT&T Mobility said that the SLM (hmm . as in "Slim"?) would be on shelves Nov. 23-the day after Thanksgiving, historically the biggest single shopping day of...
Most people would assume cellphones get in the way of learning. David Droga is betting they can help.The creative big and founder of the start-up Droga5, who previously launched the highly successful Tap Project for UNICEF, is working with the New York City Department...
LOS ANGELES-The mobile phone ain't what it used to be, even a few short months ago.With hopes of a big boom dashed and a lot of the euphoria evaporated, marketers and media companies talked about rethinking mobile advertising at the Mobile Marketing Association's annual...
Editor's Note: Welcome to our weekly feature, Analyst Angle. We've collected a group of the industry's leading analysts to give their outlook on the hot topics in the wireless industry. In the coming weeks look for columns from Current Analysis' Avi Greengart, Jupiter Research's...
Investors sent Virgin Mobile USA Inc.'s stock plunging this morning despite decent quarterly numbers, based on worries about the impact of an increasing competitive prepaid landscape as well as economic impacts on the company's customer base. Virgin Mobile USA's stock was down more than...
The Federal Communications Commission approved AT&T's Mobility's $2.8 billion purchase of Dobson Communications Corp., embracing less stringent divestiture requirements than those imposed by Justice Department and the same universal service wireless-cap condition federal regulators worked into the $27.5 billion acquisition of Alltel Corp. by...
Buongiorno S.p.A. forecasts it will bring in revenues of $462 million to $476.5 million for the year, as well as also predicting continued growth in 2008, forecasting $484 million to $513 million in revenues.By the close of next year, the Italian mobile content and...
The Federal Communications Commission relaxed the small-business bidding rule for the national commercial/public-safety license up for grabs in the upcoming 700 MHz spectrum auction. The ruling is major victory for startup Frontline Wireless L.L.C., which has expressed strong interest in pursuing the D block...
