HTC will be investing $300 million in Beats Electronics, to incorporate the firm's digital sound technology into upcoming phones it was revealed this evening.The Taiwanese phone maker had told press earlier on Wednesday it would be making an announcement Thursday morning in Los Angeles,...
PHILADELPHIA — The old model of simply selling equipment to government and public safety agencies is no longer the right way of doing things, Bill Iannaci, director of civil communications solutions at Raytheon Co. (RTN), told RCR Wireless News here at APCO International Annual...
Motricity Inc. (MOTR) stock is down more than 53% after the company announced a $4.3 million loss in the recently closed quarter. While the company narrowed its losses from $11.6 million in the year-ago period, Wall Street continues to hammer the company for its...
WASHINGTON, D.C. – The continuing drama surrounding LightSquared's attempts to launch its terrestrial/satellite network continues to unfold in the court of public opinion, and more importantly in the halls of the Federal Communications Commission. The FCC is in the midst of trying to decide...
Japanese operator NTT DoCoMo Inc. (DCM) said it has acquired an approximately 25% stake in Vietnam’s largest mobile content provider VMG Media Joint Stock Company for $18.3 million. DoCoMo noted the deal represents its first investment in the Vietnamese market. Vietnam’s largest telecom operator,...
Clearwire Corp. (CLWR) looked within for new leadership announcing the promotion of current COO Erik Prusch to president and CEO of the company. Prusch will replace industry veteran John Stanton, who will be moving to his new position as executive chairman of Clearwire's board...
SBA Communications Corp. (SBAC) and Health Care REIT Inc. (HCN) announced an agreement to make available wireless site leasing of new, prime rooftop locations in more than 15 states.Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real...
The Federal Communications Commission adopted rules designed to increase the use of mobile backhaul, and make up to 650 megahertz of additional spectrum available for mobile backhaul as part of the agency's commitment to remove barriers to broadband adoption nationwide. The agency also asked...
Job figures in the telecommunications space remained steady in Silicon Valley last month, according to new statistics released by the U.S Bureau of Labor Statistics.Preliminary figures showed telecommunication jobs for the San Jose-Sunnyvale-Santa Clara area at 5.9 thousand, marginally up from last month’s 5.8....
The Federal Communications Commission has stopped its formal review of AT&T Inc. (T) plans to acquire 700 MHz spectrum assets from Qualcomm Inc. (QCOM) as it now plans to review that deal in coordination with AT&T's attempt to acquire T-Mobile USA Inc.The decision came...
PHILADELPHIA — Claiming its spot as the No. 1 communications provider to the federal government, Verizon Communications Inc. (VZ) is making a larger investment and commitment to the public safety market here at APCO International Annual Conference and Expo.While it's difficult to determine how...
As London burns and gangs of hooded youths take to the streets to loot shops for sneakers, phones and Xbox 360s, the tech press has tut-tutted and blamed….Twitter. And BlackBerry messenger.After all, if not for Twitter or BBM, what would the tech press write...
BlackBerry may be down and out, but it still has clout, or Klout, rather, with the phone's aficionados scoring higher than either Android or iPhone users on average.For those who don't know what Klout is, it's the social media measuring tool which takes us...
India's mobile industry ended the first half of the year with 851.7 million subscribers, with overall market penetration reaching 71.11%, according to Telecom Regulatory Authority of India.TRIA noted that the mobile segment posted 1.36% growth in June, with urban users increasing from 554.75 million...
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.It took a strong stomach to just get through last week. In a single trading day, stocks...
PHILADELPHIA — Motorola Solutions Inc.'s (MSI) presence here at the APCO International Annual Conference and Expo is among the largest on hand and considering the amount of news it has shared this week, it's easy to see why. The company, which recently spelled out...
So with all of the economic malaise out there in the past few weeks, and a new commercial from Virgin Mobile that slams T-Mobile USA Inc. (DTEGY) and AT&T Mobility, (T) I thought it would be a great time to comment on the state...
Silicon Valley took it’s knocks with the rest of the U.S’ financial markets Friday, with tech stocks sinking significantly as fears of a double dip recession increased.Even the Valley’s giants, Apple and Google, took major hits to share prices, losing millions in just moments....
In this week's mobile news weekly RCR takes a look at the recent developments in the AT&T/T-Mobile merger, spends some time up in the NorthWest to find out what makes Seattle such a mobile hotspot, and brings you the highlights from RCR's Global Tour...
RIM is preparing to unleash its BlackBerry Colt running a QNX operating system but without BlackBerry Enterprise Server (BES) in Q1 of 2012.According to Boy Genius Report, the 1Ghz Single core phone is about ready to bolt the BlackBerry coop, but not without...
July employment numbers in the telecommunications and computer and electronic products sectors ticked up by 2,700 and 2,500 positions respectively, from the previous month, according to figures released by the U.S. Bureau of Labor Statistics. However, year-over-year figures still lag in the telecom industry....
The stock market is poised for a disastrous week, following previously disastrous weeks and a first-ever downgrade of America's debt by Standard & Poor's Financial Services LLC last Friday.In the last month, the Dow Jones Industrial Average has declined 11.83% and in the last...
Regional wireless operator U.S. Cellular Corp. (USM) posted second quarter results that showed continued strain for smaller players in the segment.The carrier said it lost 70,000 customers from its network during the quarter, which was significantly greater than the 3,000 customers lost during the...
