SAN FRANCISCO – Leap Wireless International Inc. is set to add to its smart phone line up with a Google Inc.’s Android-powered device from Huawei Technologies Co. Ltd. set to retail for $150 without a contract.The Huawei Ascend will be available starting mid-October featuring...
SAN FRANCISCO – Leap Wireless International Inc. is set to add to its smart phone line up with a Google Inc.’s Android-powered device from Huawei Technologies Co. Ltd. set to retail for $150 without a contract.The Huawei Ascend will be available starting mid-October featuring...
Acision said it secured $100 million in new funding led by existing shareholders Access Industries, International Investment and Underwriting, and Atlantic Bridge. The company said it will use the funding to build on its position in the mobile data market.Following an announcement that Intel...
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. This article is an excerpt from RCR Wireless News' July Special Edition, "Riding the...
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.The end of the third quarter is quickly arriving with surprisingly little fanfare: no last minute sales...
The Federal Communications Commission set deadlines for comments and reply comments on its open Internet further notice of proposed rulemaking. Initial comments are due at the FCC Oct. 12, while reply comments are due Nov. 4.The agency is seeking comments on how wireless providers...
Venture capital firm Nexit Ventures said it led a consortium of investors in a 17 million Euro ($22 million) investment in Blyk, a mobile messaging media company that focuses on connecting young people with brands and other interests. The company said the investment will...
Crown Castle International Corp. (CCI) closed on its previously announced acquisition of NewPath Networks Inc. Crown paid $115 million for the Distributed Antenna Systems (DAS) networks provider, adding 35 DAS networks to Crown’s portfolio.As part of the acquisition, Mike Kavanagh, co-founder and CEO of...
The Federal Communications Commission released a further notice of proposed rulemaking that specifically addresses how wireless networks and specialized services should be managed under the agency's plan to preserve open access to the Internet. Specifically, the agency is seeking comments on how wireless providers...
Fibertech Networks entered a definitive agreement to be acquired by Court Square Capital Partners. Terms of the agreement call for Court Square to acquire the company from its original investors –Nautic Partners and Ridgemont Equity Partners. The transaction is expected to close before the...
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. Greetings from Kansas City, where playoff hopes are alive – for our professional soccer team. August...
Leap Wireless International Inc. (LEAP) said its Cricket subsidiary completed the acquisition of the remaining interest in its former joint venture LCW Wireless L.L.C. for $3.2 million. The venture was formed in July 2006 with partners CSM Wireless L.L.C. and WLPCS Management L.L.C.The JV,...
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 almost goes without saying, but our communications world has changed a lot over the past...
Sprint Nextel Corp.'s (S) Virgin Mobile USA brand affirmed plans to update its mobile broadband service that will include an unlimited, no-contract offering for $40 per month. The company originally hinted at the changes yesterday on its Facebook page.The new plans, which are set...
Editor's Note: The list below is a wrap up of second-quarter 2010 results for the nation's largest facilities-based and public wireless carriers. The results are from the carriers' quarterly reports and include all customers on their networks, including network partners.Verizon Wireless (VZ) continues to...
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.Greetings from Kansas City, where the weather and political climate are both scorching hot. We had an...
Has all the competitive pressure in the prepaid space been coming from MetroPCS Communications Inc. (PCS)? A glance at second quarter results shows that while other carrier’s that have traditionally been reliant on attracting prepaid customers seemed to have suffered during the quarter, MetroPCS...
Leap Wireless International Inc. (LEAP) fell back to earth during the second quarter following robust Q1 results and has announced a round of operational changes that it hopes will help turn around its fortunes in a market that has suddenly become obsessed with the...
Accedian Networks, which provides service assurance solutions said it secured $19.5 million in a new round of funding. The round was led by Summit Partners and included participation from Rho Ventures and Skypoint Capital. The funds will be used to accelerate the company's commercial...
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.Greetings from Kansas City, where the summer is in full heat. Our lawn has gone dormant, but...
Editor's Note: Following are the top-paid CEOs of U.S.-based companies in the wireless industry. Last week, RCR Wireless News ran the list of the top 20 highest paid wireless executives. This week we are featuring No. 21-30. Some caveats apply: private companies are not...
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.Greetings from a warm but rockin' Kansas City (Paul McCartney and the Manchester United visit on the...
Tyco Electronics (TEL) reached a deal to purchase ADC Telecommunications (ADCT) for $1.24 billion. Tyco will pay $12.75 per share for ADC. The deal boosts Tyco's presence in the network-equipped products market.Synchronoss Technologies (SNCR), which provides on-demand transaction management software platforms, announced it entered...
Leap Wireless International Inc. has plans, and a small test in place, for LTE service, but the carrier is looking to take a steady approach to rolling out the technology that could help the carrier reduce the cost of deployment in the long run.Speaking...
