Wireless broadband service provider Clearwire Corp.'s stock rose briefly today as analysts issued favorable reports of the company's prospects, but later continued its downward trend. Clearwire's stock rose more than 6 percent after the favorable reports, from around $18.61 at the close of trading...
NBC Universal plans to start selling ads for its mobile video programming when the upfront season kicks off in May. That's the latest piece of evidence that the once-scoffed-at business of TV on cellphones is gaining momentum this year. The television upfront market kicks...
A group that tracks political money found that while the previous Congress didn't pass much major legislation-such as telecom reform-last year, companies in high-tech and other sectors were spending big time on lobbying official Washington. Sound counter-intuitive? Not really. Lobbying is as much about...
ORLANDO, Fla.-The day two keynotes at CTIA Wireless 2007 were all about collaboration. And, of course, money.From music to video to m-commerce, Wednesday's speakers hammered home the need for content providers and financial institutions to partner with carriers to push mobile data services and...
DanielsDavid Parker has been promoted to managing director at Daniels & Associates. Parker is a member of the firm's Telecommunications Group and is responsible for advising communications service providers and telecom infrastructure companies on mergers & acquisitions and corporate financing. He has been with...
High-tech and electronic giants last week gave the Federal Communications Commission a Wi-Fi device to test that they said can operate in vacant television frequencies without disrupting high definition TV signals. Thus, the product could ratchet up the stakes in a battle between Silicon...
A group of high-tech and electronic companies is set to deliver to the Federal Communications Commission a Wi-Fi device it says can operate in vacant broadcast frequencies without disrupting high-definition TV reception. The device is not intended for commercial sale; instead, it stands as...
Mobile software developer Dexterra Inc. picked up $36 million in a fifth round of venture funding.New investor New Enterprise Associates led the round, joining existing investors Canaan Partners, Intel Capital, Mesirow Financial, Motorola Inc. and Sigma Partners. Dexterra, which makes software that allows mobile...
Clearwire Corp. has finally gone public, with an opening trading price of $27.25 per share that fell to less than $25 in busy midday trading.The company, which trades under the symbol "CLWR," had said it planned to offer 20 million shares at prices between...
WiMAX carrier Clearwire Corp. hired Los Angeles-based Omnicom Group's DDB as its new advertising agency following a review of its advertising business. Clearwire offers WiMAX service in 35 markets, most of them small to midsize metropolitan areas. Spending on the carrier's advertising account was...
Clearwire Corp. was the winner of AT&T Inc.'s mandated spectrum sell-off, agreeing to spend $300 million for 2.5 GHz spectrum in the southeastern United States.AT&T committed to unloading the spectrum in an effort to gain approval from the Federal Communications Commission for its acquisition...
BARCELONA, Spain-Adding to the somewhat surreal nature of this year's 3GSM World Congress was the presence of Sprint Nextel Corp.'s CTO Barry West, who headlined a panel discussion on WiMAX technology. (Nothing against West or Sprint Nextel, but the only wireless technology the carrier...
More details emerged about Clearwire Corp.'s planned initial public offering, with the company's most recent Securities and Exchange Commission filings showing an offering of 20 million shares for an anticipated price of between $23 and $25 per share. The numbers suggest a $460 million...
Nokia Corp. has cancelled its plans with Intel Corp. to develop HSDPA modules for laptops, a spokesperson for the Finnish vendor said.Back in September, Nokia's cellular HSDPA module was heralded as a better solution than alternatives such as Wi-Fi or WiMAX and was said...
Content aggregators are fleeing the ringtone dance floor and scrambling to develop different types of content and build new business models.The latest vendor to read the writing on the wall is Moderati Inc., a Santa Monica, Calif.-based ringtone provider. The company this week should...
Carriers looking to cash in on mobile TV services should pony up and build their own dedicated multimedia network, according to a new report from a consortium of industry players. Then they should somehow convince subscribers to pay $20 a month for the stuff.The...
Wireless broadband service provider Clearwire Corp. named Scott Richardson its new chief strategy officer.Richardson joins Clearwire from Intel Corp. where he was vice president of the company's Mobility Group and general manager of its Service Provider Business Group. In those roles, Richardson led Intel's...
Mobile-phone and high-tech sectors urged the new Democratic-led Congress to oppose any effort to dilute the pool of auction-bound 700 MHz spectrum, a major portion of which is being sought by public-safety advocates."The American public wants Congress to work in a bi-partisan manner to...
The promise of an open-source platform for mobile phones-and, undoubtedly, competitive pressures-has led a group of competitors and allies to formally found the LiMo Foundation to spur adoption of Linux.Motorola Inc., NEC, NTT DoCoMo Inc., Panasonic Mobile Communications, Samsung Electronics Co. Ltd. and Vodafone...
Mobile-phone and high-tech sectors urged the new Democratic-led Congress to oppose any effort to dilute the pool of auction-bound 700 MHz spectrum, a major portion of which is being sought by public safety advocates."The American public wants Congress to work in a bi-partisan manner...
SAN JOSE, Calif.-The potential for mobile WiMAX is as big as the Internet itself, if you trust the true believers gathered last week in San Jose, Calif., for the Wireless Communications Alliance International's 13th annual symposium. Mobile WiMAX technology will create a new category...
Sprint Nextel Corp. has chosen the Chicago and Washington, D.C., metro areas for the first deployment of its WiMAX network, with a rollout that it expected to cover at least 100 million people by the end of 2008. The initial WiMAX markets are supposed...
CLEARWIRE CORP. COULD EMERGE a dark-horse winner of AT&T Inc.'s $86 billion acquisition of BellSouth Corp., with Craig McCaw's wireless broadband firm getting the chance it sought to buy additional 2.5 GHz spectrum from the telecom giant at a time when Clearwire is pursuing...
Sprint Nextel Corp. and its WiMAX infrastructure vendors said they will demonstrate devices and applications using the technology, including mobile TV, during the Consumer Electronics Show next week. According to a company statement, the demonstrations will include "true mobile WiMAX TV, blending multicast and...