Verizon Wireless continued its domination of the postpaid wireless market and outpaced larger rival Cingular Wireless L.L.C. in net customer additions during the third quarter.Verizon Wireless said it brought in 1.9 million net subscribers for the quarter, compared with Cingular's 1.4 million net additions....
By Julie Jargon CHICAGO—Motorola Inc. cell phone chief Ron Garriques promised investors in May that the company's new Q smart phone would follow the same trajectory as its smash hit Razr cell phone, selling 750,000 units in the first 90 days and 5 million...
VeriSign Inc. finally jettisoned the bulk of its direct-to-consumer mobile content business, selling a 51-percent stake in its Jamba subsidiary to News Corp. for $188 million. The companies announced plans to form a mobile entertainment joint venture, with Fox Mobile Entertainment retaining the Jamster...
Len Lauer, Sprint Nextel Corp.'s chief operating officer and one of the company's most high-profile executives, left the company last week after the carrier's dismal second quarter put management under pressure to make a turn-around. Sprint Nextel announced that Lauer was leaving the company,...
For the second time this year, Lucent Technologies Inc. warned of lower sales prior to releasing quarterly results. The company said it expects to post third-quarter earnings of $2.04 billion, compared with $2.04 billion last quarter and $2.34 billion in the year-ago quarter. Pat...
LAS VEGAS-Mforma Group Inc. is the latest mobile-game publisher to get a makeover, dropping its name in an effort to become more consumer-friendly.The San Francisco-based developer is rebranding as Hands-On Mobile and expanding its portfolio to offer a variety of lifestyle applications in addition...
LAS VEGAS—Mforma Group Inc. is the latest mobile-game publisher to get a makeover, dropping its name in an effort to become more consumer-friendly. The San Francisco-based developer is rebranding as Hands-On Mobile and expanding its portfolio to offer a variety of lifestyle applications in...
Money continued to pour into the mobile marketing space last week as VeriSign Inc. inked an agreement to shell out $250 million in cash for wireless messaging and content services provider m-Qube Inc. M-Qube powers mobile storefronts and marketing campaigns for media companies and...
MOUNTAIN VIEW, Calif.—VeriSign Inc. continued its spending spree, inking an agreement to shell out $250 million in cash for mobile messaging and content services provider m-Qube Inc. M-Qube powers mobile storefronts and marketing campaigns for media companies and major brands including Sony Pictures, Warner...
SAN FRANCISCO—VeriSign Inc.’s mobile content business is "looking like a disaster," according to a report released this week by American Technology Research analyst Albert Lin. Lin downgraded VeriSign to a sell rating, citing a flattening in revenues from ringtones, which account for as much...
Cingular Wireless L.L.C.'s tenure as the nation's fastest-growing wireless operator came to a screeching halt as Verizon Wireless took back the title it lost in 2004. Surpassing even the most optimistic forecasts, Verizon Wireless said it added 1.64 million subscribers during the first quarter,...
Digital music service provider Napster announced plans Thursday to offer ringtones to mobile users in the United States and Canada. Napster Mobile, which will launch next year, will allow users to download ringtones from the company's digital music catalog via a mobile version of...
Sprint Corp. Chairman and Chief Executive Officer Gary Forsee said last week that the company's highly anticipated sale of its more than 6,200 wireless towers could be completed by the end of this year, and that the company was moving aggressively on its deployment...
Sprint Corp. Chairman and Chief Executive Officer Gary Forsee said the company's highly anticipated sale of its more than 6,200 wireless towers could be completed by the end of this year and that the company is moving aggressively on its deployment of high-speed wireless...
Second-quarter earnings released last week by major handset manufacturers showed Nokia Corp. losing market share, while Samsung Electronics Co. Ltd. and Sony Ericsson Mobile Communications L.P. increased their sales expectations for the year.Nokia set a dismal tone for the second-quarter earnings announcements, saying it...
For Qualcomm Inc., CDMA is a double-edged sword.Although the company has enjoyed a significant amount of prosperity in its efforts to expand the CDMA industry, its success seems to cut both ways as Qualcomm is now in the midst of a chip shortage due...
While its products still entice carriers, Nortel Networks Ltd. is down in the dumps on Wall Street.The question looms whether the company's technology will prevail over its financial woes.The company's financial stumbles plunged the company's stock price 27 percent last week as the...
The twists and turns continue in a year that most predict will be the biggest ever for the mobile-phone industry, as market leader Nokia Corp. disappointed with a flat second-quarter outlook, while No. 3 player Samsung Electronics Co. Ltd. checked in with a massive...
WATERLOO, Ontario-BlackBerry maker Research In Motion Ltd. announced another gangbuster quarter, showing increasing revenues, a rising net income and an even better outlook ahead."Innovation and execution continued to drive RIM's business in the fourth quarter. We surpassed the pivotal 1 million subscribers mark, and...
Amid predictions of the largest year ever for the mobile-phone industry, market leader Nokia Corp. stunned investors with news that its first-quarter revenues will clock in below expectations due to poor mobile-phone sales. The company's stock dropped almost 20 percent following the announcement, leveling...
BlackBerry maker Research In Motion Ltd. announced another gangbuster quarter, showing increasing revenues, a rising net income and an even better outlook for the future."Innovation and execution continued to drive RIM's business in the fourth quarter. We surpassed the pivotal 1 million subscribers mark,...
Following on a Federal Communications Commission inquiry into its local number portability implementation, AT&T Wireless Services Inc. filed a report with the agency outlining the troubles the carrier has encountered with the LNP mandate, as well as the steps it has taken to fix...
Much like Al Capone's vault, the first few days of local number portability provided more hype than headlines as the feared millions of customers beating down the doors of retail outlets selling wireless services in an attempt to switch carriers was tempered by a...
WASHINGTON-When the Cellular Telecommunications & Internet Association initially reacted to a clarification letter sent by the FCC's Wireless Telecommunications Bureau regarding wireless local number portability, it said it was pleased but more work is needed. Last Friday it told WTB Chief John Muleta exactly...
