LG Electronics Inc. reported an 87% decline in net profit in the recently closed quarter as mobile handset sales continue to falter. The South Korean conglomerate's mobile communications division posted a lower-than-expected loss of $49.8 million. On a company-wide basis, the company posted $103.4...
Sen. Al Franken (D-Minn.) has asked the Federal Communications Commission and Department of Justice to reject the proposed acquisition of T-Mobile USA Inc. (DTEGY) by AT&T Inc. (T)Franken joins Sen. Herb Kohl (D-Wis.), chairman of the Senate Judiciary antitrust subcommittee, in calling for the...
BALTIMORE – LightSquared's plans to deploy a nationwide mobile broadband network using both satellite and terrestrial components has been a contentious issue since those plans were announced last summer. The plan was initially viewed by skeptics as being beyond both the financial and logistical...
Venture-capital investments in the mobile sector are soaring, led by media and applications, commerce and payments and healthcare, according to a new report from Rutberg & Co.VC investment in mobile is at the largest level ($3 billion in the first half of the year)...
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.
“The iPhone 4 camera is easy to use, has great auto-focus and HDR capabilities and...
The IEEE is looking to expand the possibility of mobile broadband services using the highly controversial “white spaces” with the publishing of the 802.22 standard, which will tap into VHF and UHF television bands to provide up to 22 megabit per second speeds and...
Exalt Communications announced that Will County 911 in Illinois has deployed the company's microwave backhaul systems to connect its new dispatch center, also known as public safety answering point (PSAP), in Bolingbrook, Ill. with a regional switching center approximately 13 miles away.
T-Mobile USA announced the upcoming availability of the new HTC Wildfire S smartphone recently. The device is a compact Android-powered handset built with simplicity in mind and is expected to be available on August 3 for $79.99 after a $50 mail-in-rebate with a two-year...
Telcordia has been chosen to administer number portability in Chile, which is set to go into effect July 29. Telcordia presented the best technical-economic setting a transaction value for each switch in exchange for 377 pesos (US$ 0.82). According to the government, that’s less...
Brazilian airline TAM is preparing to offer Wi-Fi service to its customers, and allowing them to use their mobile devices to make phone calls during international flights. The initiative may be launched within about one year in both Airbus and Boeing aircrafts, and is...
Worldwide mobile payment users will surpass 141.1 million in 2011, a 38.2% increase from 2010, when mobile payment users reached 102.1 million, according to Gartner. Worldwide mobile payment volume is forecast to total US$ 86.1 billion, up 75.9% compared to 2010. However, despite these...
Expecting a transformation in Latin America’s telecommunications networks, Ciena Corp. said it believes region will grow at higher rates than other markets. “Latam is one area of great growth for Ciena. We are moving into more markets and growing tremendously,” said Fabio Medina, sales...
Motorola Solutions and Northwestern University announced the selection of Motorola to deploy a new P25 system to replace a 14-year-old analog trunking system and will provide a standards-based IP system that enables interoperability and greater efficiency for the Northwestern University community. Read more.Corticon, provider...
Apple is looking to cut slices out of its iPad 4 bill of materials (BOM) by looking to cheaper Taiwanese integrated circuit designers according to local source DigiTimes.According to the Taiwanese tech daily, Apple is weighing up its options to extract more profit from...
HTC has told Reuters it is willing to negotiate with Apple to clear up the pair’s legal battle, but has emphasized the terms of any settlement should be “fair and reasonable.”In an interview with the news wire, HTC’s Winston Yung admitted that the Taiwanese...
Exactly one week after closing $645 million in financing, Global Tower Partners has secured an additional $170 million through a five-year, revolving loan. The Boca Raton, Fla.-based company owns 13,000 tower sites in the United States, making it the fourth largest tower management company...
Mobile marketing platform company Upstream says it will be opening new offices in Redwood City, California, at the heart of Silicon Valley.The firm, whose MCS marketing technology platform boasts over one billion interactions every year to more than 500 million consumers in 40 countries...
Mountain View based Intuit Inc., maker of the popular TurboTax program, has announced the availability of its QuickBooks invoicing app for Android, following up its iOS app for Apple iPhone users.The firm says this should make using QuickBooks easier on the fly for the...
Crowded House said it best back in 1987 with the hit single “Always take the weather with you,” and now market research outfit comScore can confirm, taking the weather with them in their pocket is what most mobile users love above all else. Of...
As m-health apps proliferate on various consumer- and enterprise-centric devices and operating systems, the U.S. Food and Drug Administration wants to ensure that specific apps work as intended under a set a proposed guidelines."The FDA has a public health responsibility to oversee the safety...
Verizon Wireless (VZ) will begin selling an LTE-compatible version of Samsung Telecommunications America's Galaxy Tab 10.1 this Thursday. The Android-sporting device from the Samsung Electronics Co. Ltd. subsidiary was first announced back in February before Apple Inc.'s (AAPL) iPad 2 was announced. The company...
Looking to maintain its position with the public safety community, LightSquared said it plans to replace current devices at no cost and continue to support older devices through 2014. Those current services and devices were deployed during LightSquared's previous incarnation as SkyTerra.In addition to...
Wilson Electronics Inc. said it reached new technical specifications for cellular boosters with Verizon Wireless, a process that the manufacturer said worked because of the regulatory framework established by the Federal Communications Commission. The agreement on the specifications could help the FCC establish guidelines...
Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.
This week, we begin with a quote from the new CEO of Verizon Communications Inc., Lowell McAdam:
“…We...
