The torch has been passed: Mobile data traffic now surpasses voice and it will continue to grow indefinitely. As a consequence, operators need to find ways to not only support this new wave of traffic, but also profit from it as well. Content delivery...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston lowered its price target on Leap Wireless to $55 from $70 despite solid third-quarter results and positive fourth-quarter trends. CSFB said...
The following list ranks U.S. wireless industry CEOs by total compensation for the 2007 fiscal year.
The ranking includes executives at public U.S. companies listed on the RCR Wireless News Stock Watch. Salary and total compensation figures were derived from annual proxy statements filed with...
Yahoo Inc. will serve as AT&T Mobility's on-deck search vendor, and will aggregate both Internet information as well as listings from the carrier's content catalogue - including ringtones, wallpaper and games - into its search results. Yahoo replaces InfoSpace Inc. as AT&T Mobility's search...
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 Leap Wireless to $49 from $45 after the carrier reported strong second-quarter subscriber growth. R.W. Baird lowered...
The turbulence continued for Motricity Inc. as COO Steve Elfman said he will move to Sprint Nextel Corp.Elfman had overseen InfoSpace Inc.'s mobile business unit and was named COO in the wake of Motricity's acquisition of the Seattle-area company. He will assume the new...
Motricity Inc. finally made it official, announcing that it will slash 250 jobs over the next nine months and move its headquarters from Durham, N.C. to the Seattle area.The moves, which were first reported last week, are an effort by Motricity to streamline its...
The field of mobile content aggregators has seen more casualties than a "Terminator" movie. For the few remaining players, though, there's still plenty of money to be made in going directly to consumers with goodies like games, wallpapers and - believe it or not...
Motricity is slashing roughly one-third of its workforce and considering moving its headquarters, according to a report from WRAL.com citing multiple sources. The Durham, N.C.-based mobile content company will eliminate roughly 200 jobs as it streamlines operations following the recent $135 million acquisition of...
Raise your hand if you were shocked by those reports of big layoffs at Motricity.Yeah, me neither. Sadly.The heavily funded Durham, N.C.-based mobile content company is said to be slashing nearly a third of its 650-employee workforce in the wake of its acquisition of...
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 lowered its price target on Embarq to $54 from $60 on lower out-year cash flows. The firm, however, raised its 2008 revenue...
Motricity continued to streamline its business, spinning off its retail electronic book business to eBook seller Fictionwise Inc. for an undisclosed amount.The eReader business was a division of PowerByHand, a Tennessee startup that merged with North Carolina's PinPoint Networks four years ago to form...
Motricity Inc. sees more than just a mobile search engine in InfoSpace's mobile business. It sees a kind of wrecking ball.The Durham, N.C.-based mobile content company is putting the finishing touches on its $185 million acquisition of InfoSpace's mobile operations, which was announced last...
Shares of InfoSpace Inc. shot skyward after the company said it will sell its mobile services division to Motricity for $135 million in cash.Motricity will acquire InfoSpace's managed services infrastructure for mobile carriers, including technology and services such as mobile search, storefronts, portals and...
All that cash being poured into voice-activated search is beginning to look like a good bet.A recent study from Usable Products Co. indicates speechrecognition technology finally may have become user-friendly. The New York-based market research firm tested four mobile search offerings-three text-based services and...
Shares of InfoSpace Inc. soared for the first time in months after the company said it will sell its online directory business to Idearc Inc. for $225 million in cash.The buffeted company said the tax-efficient deal will help it capitalize on net operating losses...
The family of late reggae star Bob Marley said they will sue Verizon Wireless and Universal Music Group in response to an exclusive ringtone deal announced earlier this week.Verizon Wireless on Tuesday trumpeted an exclusive pact to offer ringtones and ringback tones from more...
Washington state Attorney General Rob McKenna said he wants legislation to prohibit the marketing of cellphone numbers without consumer consent, responding to privacy concerns raised by a directory business launched by Bellevue, Wash.-based information commerce firm Intelius Inc."I have my staff working on options...
Washington state Attorney General Rob McKenna said he wants legislation to prohibit the marketing of mobile phone telephone numbers without consumer consent, responding to privacy concerns raised by the new cellphone directory business launched by Bellevue-based information commerce firm Intelius Inc."I have my staff...
Shares of InfoSpace Inc. plunged after the company posted declining revenues in both its mobile and online businesses.The Seattle-area firm reported a net loss of $28.1 million in the second quarter, contrasting dramatically with the $1 million in net revenue InfoSpace posted during the...
Editor's Note: Welcome to Reality Check, a feature for RCR Wireless News' new weekly e-mail service, Mobile Content and Culture. We've gathered a group of visionaries and veterans in the mobile content industry to give their insights into the marketplace. In the coming weeks...
InfoSpace Inc. scored another carrier customer for its wireless Web service even as it continued to beat a retreat from the content space.The Seattle-area company expanded its relationship with Verizon Wireless, agreeing to provide hosting, infrastructure and subscription management services for the operator's Mobile...
The guys who founded Atlas Mobile are back with a community-based contest offering for mobile phones and PCs.Isaac Babbs, Andy Riedel and Ken Scott unveiled Tapatap Inc., a San Mateo, Calif.-based startup that allows members to create and play "photo contests" for prizes. The...
InfoSpace Inc. scored another carrier customer for its wireless Web service even as it continued to beat a retreat from the content space.The Seattle-area company expanded its relationship with Verizon Wireless, agreeing to provide hosting, infrastructure and subscription management services for the operator's Mobile...
