Alcatel-Lucent lost more than $373 million during the past quarter the company reported as it announced it would be replacing its chief financial officer. Wall Street appeared relatively pleased with the results, which mostly fell in line with the company's revised outlook. Alcatel-Lucent's stock...
Verizon Wireless tweaked its prepaid calling plans to add access to its music, navigation and other data services starting tomorrow. The carrier will offer three varieties of its INpulse plans. The INpulse Core plan looks much like a continuation of Verizon Wireless' basic prepaid...
Wi-Fi hot spot provider Boingo Wireless Inc. said it acquired Wi-Fi networks at seven airports from Sprint Nextel Corp. Terms of the deal were not disclosed.The purchase includes a roaming component that will allow Sprint Nextel customers to gain access to Boingo's hot spot...
Rep. Ted Poe (R-Texas) introduced legislation to ban the sale of cellphone numbers by third parties without the consent of wireless subscribers, a measure that appears targeted at Bellevue, Wash.-based information-commerce firm Intelius Inc."This legislation is not just about protecting the privacy of your...
Personal navigation device maker Garmin Ltd. said it will offer $3.3 billion for Tele Atlas N.V. in a move likely to spur a bidding war for the digital mapping company.Tele Atlas in July accepted a bid of $2.8 billion from TomTom NV, a Dutch...
Taiwanese smartphone vendor HTC Corp. and Brightpoint, Inc., the distribution powerhouse, signed a global distribution agreement that may help the smartphone maker realize its ambitions of establishing a globally recognized brand. Terms of the deal were not disclosed. HTC Americas, the United States subsidiary...
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.--Inrix: August Capital, Bain Capital Ventures and Venrock led a $15 million Series C funding round into Inrix,...
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 raised its price target on Verizon Communications to $44 from $41 after the company reported in-line third-quarter financials. Lehman Brothers raised...
Google Inc. is reportedly close to entering the wireless space in a big way. Much has been speculated about the search giant's plans for mobile, ranging from branded devices to advertising-supported minutes and open operating systems.But, Google is ready to pull the wraps off...
NBC Universal has consolidated all of its interactive TV and participation media campaigns under one roof: SinglePoint. The mobile marketing company has been ramping up to takeover all NBC property campaigns for more than four months now and waited until it was driving all...
Here's just one reason the mobile-phone industry wants Congress to approve expanded federal pre-emption: lawsuits galore in a California state court that have ensnarled national carriers and prompted some to settle. More than a dozen handset locking and early termination fee cases have...
The Federal Communications Commission approved the $27.5 billion acquisition of Alltel Corp. by private-equity firms TPG Capital L.P. and the Goldman Sachs Group Inc., despite criticism by several members over linked universal service and enhanced 911 conditions.Atlantis Holdings L.L.C. is the holding company for...
AT&T Mobility launched the SGH-a737, new slider phone from Samsung Electronics Co. Ltd. The carrier and handset manufacturer hope to build on the remarkable success they've seen with the SGH-a717 and SGH-a727 phones.The SGH-a737 comes in four color combinations: black/orange, black/blue, black/red and black/lime....
The mobile-phone industry cheered congressional approval of a bill to ban Internet access taxes for the next seven years, even though cellular carriers and others lobbied aggressively for a permanent ban."In taking this action today, Congress has wisely decided to keep the Internet tax-free...
RadioShack Corp. shares appeared relatively stable, jumping nearly 3% to $20.99, after the company reported a net income of $46.3 million for the third quarter. In the year-ago period the company reported a loss of $16.3 million.The company reported a substantial total sales decline...
The Justice Department said AT&T Inc. agreed to sell assets in seven rural markets and forgo rights to the Cellular One brand to win approval of the company's $2.8 billion purchase of Dobson Communications Corp. "The required divestitures will preserve competition for residents in...
The National Public Safety Telecommunications Council is seeking feedback by Friday to aid the development of the 700 MHz public-safety broadband statement of requirements. The Public Safety Spectrum Trust tasked the job to the broadband working group of the NPSTC Technology Committee. The trust,...
For a show that bills itself as a bleeding-edge event with a multiple personality disorder (One Show. Two Personalities.) last week's CTIA Wireless I.T. & Entertainment conference in San Francisco was exceedingly tame.A disappointingly placid Steve Ballmer of Microsoft took center stage for the...
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. --NBC...
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.Wi-Fi--France: Colubris Networks said it has been chosen by Alcatel-Lucent...
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...
Simplicity is the name of the new game-finally, ease-of-use issues are at the forefront of carriers' device offerings. T-Mobile USA Inc. weighed in today with its HTC Corp.-built "Shadow" slider handset, with its "screamingly simple" user interface aimed squarely at consumers."This is not a...
AT&T Mobility launched a service offering tailored to seniors, following a similar recent move by Verizon Wireless. The new AT&T Senior Nation 200 plan includes 200 anytime minutes, 500 off-peak calling minutes and unlimited mobile-to-mobile calling for $30 per month. The company said the...
L.M. Ericsson has extended its deal with AT&T Mobility to provide the No. 1 carrier real-time charging services for its GoPhone wireless pre-paid service in the United States and Puerto Rico.GoPhone has been hosted on Ericsson's system for the past several years and will...
