American Tower Corp. (AMT) grew revenue 27% to $597.2 million, driven by increased LTE buildout activity from AT&T Mobility and Verizon Wireless. The company slightly raised its guidance for the year. The company reported operating income was up 19.6% in the quarter, compared to...
Just a week after losing its place on the store shelves of your local RadioShack Corp. outlet, T-Mobile USA Inc. signed a deal to offer its prepaid services through 7-Eleven Inc.'s stores.
The deal, which began on Aug. 1, calls for T-Mobile USA to offer...
Regional wireless operator MetroPCS Communications Inc. (PCS) saw its stock price punished this morning after the carrier released lower than expected second quarter results that showed higher earnings, but slower growth that was impacted by increased customer churn.
MetroPCS reported that revenues increased 19% year-over-year...
Regional wireless operator MetroPCS Communications Inc. (PCS) saw its stock price punished this morning after the carrier released lower than expected second quarter results that showed higher earnings, but slower growth that was impacted by increased customer churn.
MetroPCS reported that revenues increased 19% year-over-year...
SBA Communications Inc. (SBAC) reported a 10.7% increase in revenues to $171.1 million in the second quarter, driven by a 14% increase in site leasing revenue of $150.2 million during the period. Site development revenues totaled $20.9 million in the second quarter, an...
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 was a morbid week for Sprint Nextel Corp. (S) and Clearwire Corp. (CLWR), no doubt about...
Global Tower Partners picked up 37 telecommunications towers from NV Energy. The towers are located on NVE substation properties in and around Las Vegas, Nev. Details of the purchased were not disclosed.The sale comes shortly after GTP secured $815 million in new...
Verizon Wireless (VZ) is now the second major carrier in line for integration with American Express Co.'s (AXP) burgeoning digital commerce platform Serve.Sprint Nextel Corp. (S) snagged the first carrier deal with American Express two weeks ago. It will also be the flagship carrier...
HTC Corp. closed another fantastic quarter with profits up $102.9% year over year and device shipments up 24.8% from the previous quarter and up 123.7% from the year-ago period. The Taiwanese manufacturer shipped 12.1 million devices total, generating $608.3 million in net income on...
The rhetoric continues to heat up between proponents of releasing more spectrum for mobile broadband and the concerns of the National Association of Broadcasters, which fear its members will be forced to give up that spectrum.Mobile Future, which advocates releasing more spectrum for wireless...
Editor's Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers we have created this forum for those with something meaningful to say to the wireless industry. We want to keep this as open as possible,...
Editor's Note: Welcome to our weekly Reader Forum section. In an attempt to broaden our interaction with our readers we have created this forum for those with something meaningful to say to the wireless industry. We want to keep this as open as possible,...
Two top social apps are apparently joining forces, with news Groupon and Foursquare are teaming up with a daily deal partnership.Location based social app Foursquare has long been trying to make some sort of “deal” breaker into the industry, and how better than to...
The European Parliamentary Assembly (EPA) has been making much ado about nothing when it comes to the dangers of cellphones on children, according to a new report which found no link between mobile phones and child cancer.The paper – Mobile Phone Use and Brain...
Google has snapped up 1000 patents from IBM ranging from those touching on web based querying to design and production of memory and microprocessing chips, and even some relating to routers and servers.The search and software giant has been trying to pick up patents...
There is nothing we like more here in the Valley than a cat fight, and with two tech tigers currently at each other's throats over who can best serve up your email, this is one bloodbath you don't want to miss.
Marvel Digital has released a video of its Mercury tablet, an affordable 7-inch device running Android 2.3.1 (Gingerbread).A YouTube video shows the tablet being put through its paces, with a demo of Angry Birds, an HD YouTube video, some sort of 3D UI home-screen...
A massive public safety communication system in Los Angeles just hit the skids. Three years after the county and numerous independent cities launched the project, which is expected to cost as much as $700 million, county leaders voted to abandon plans made thus far...
The growth of smartphones is indeed an international phenomenon as highlighted by Japan's largest carrier NTT DoCoMo Inc. (DCM) reporting a surge in net profits it attributed to the device segment.NTT DoCoMo said that profits jumped nearly 12% year-over-year during its first fiscal quarter...
The LTE equipment market is expected to grow at a compound annual growth rate of 81% during the next five years, according to a new study by Dell'Oro Group. The market for LTE equipment could reach $8 billion by 2015, and Dell'Oro expects picocell...
Almost everything is up at Motorola Mobility Holdings Inc. (MMI) except for profits. The company swung to a $56 million loss in the last quarter, after recording $80 million in profits a year ago. Motorola shipped 11.1 million devices total, including 4.4 million smartphones...
While it's no surprise that Apple Inc.'s (AAPL) iPad came in first place in a U.S. customer-satisfaction survey from IHS Inc., the fact that China's Shenzhen Zenithink Technologies Co. Ltd. came in at a close second was unexpected.The survey, which polled 1,400...
Hello! And welcome to our Friday column, Worst of the Week. There’s a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWireless.com to rant and rave about whatever rubs us the wrong way....
Verizon Wireless announced today that its board of directors has approved a “distribution” of $10 billion to parent companies Verizon Communications Inc. (VZ) and Vodafone Group plc (VOD) to be paid on Jan. 31, 2012. The distribution will be paid in accordance to the...
