With the recent HP shut-down of the WebOS and Palm divisions, it's becoming increasingly clear that to succeed in the mobile device market, an OS needs to have significant device, developer, and customer traction. And without one, you can't get the other two. Consider...
Exactly one week after closing $645 million in financing, Global Tower Partners has secured an additional $170 million through a five-year, revolving loan. The Boca Raton, Fla.-based company owns 13,000 tower sites in the United States, making it the fourth largest tower management company...
San Francisco-based Zynga Inc., which creates online games for mobile devices and sites such as Facebook, plans to file an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) expected to be as early as today, reports...
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,...
The cumbaya relationship between Sprint Nextel Corp. (S) and Clearwire Corp. (CLWR) may be only skin deep as the two operators seem to have different views on how much emphasis Clearwire has on expanding its WiMAX network.During a session yesterday at the Bank of...
Editor's Note: Welcome to On the Margins, a feature for RCR Wireless News' weekly e-mail service, Mobile Content and Culture. Every week, the RCR Wireless News staff considers events in the wider business world and how they could affect the wireless industry.--Oracle pulled off...
Mobile virtual network operator Disney Mobile has been well-received by parents, but lacks scale and may see some changes to its business model, according to remarks by Walt Disney Co.'s senior executive VP and CFO Tom Stagg at a Merrill Lynch conference this week....
Harbinger Capital Partners is hoping to buy Openwave Systems Inc. at closeout prices. And as the Alltel Corp. deal demonstrates, Harbinger isn't the only private firm looking for a bargain in wireless.The investment firm is looking to buy more than 40 million Openwave shares...
Harbinger Capital Partners is hoping to buy Openwave Systems Inc. at closeout prices.The investment firm is looking to buy more than 40 million Openwave shares at $8.30 each-a 4% premium over the company's average trading price over the last month, but a 35-cent discount...
Virgin Mobile USA Inc., the first mobile virtual network operator to launch in the United States, filed for an initial public offering in a move that signals the maturation of the MVNO segment of the wireless market in the United States in general and...
Virgin Mobile USA Inc., the first mobile virtual network operator to launch in the United States, filed for an initial public offering in a move that signals the maturation of the MVNO segment of the wireless market in the United States in general and...
Openwave Systems Inc. has put up the 'for sale' sign. The question is, who wants it?The Redwood City, Calif.-based developer last week announced the resignation of CEO David Peterschmidt and said it has retained Merrill Lynch as a financial adviser to explore strategic alternatives...
Openwave Systems Inc. is up for sale.The Redwood City, Calif.-based developer announced the resignation of CEO David Peterschmidt and said it retained Merrill Lynch as a financial advisor to explore strategic alternatives including a sale. Peterschmidt was replaced by Robert Vrij, who formerly served...
Hedge*hog*ing v. Interrupting conversations in an office environment by poking your head over the top of the cube.--Verizon Wireless put out two press releases March 1: One, that Verizon Wireless customers do not have to worry about the change in daylight saving time...
U.S. Cellular Corp. executives told analysts that they continue to be skeptical about the value of upgrading their CDMA 1x RTT network to EV-DO, preferring to wait until they are certain to see a return on the network investment before doing anything more than...
The next couple of quarters will be rocky, Motorola Inc.'s CFO told investors and analysts at last week's Bank of America's 2007 Technology Conference in New York. David Devonshire, Motorola's CFO, used the term three times until an unidentified analyst asked him to clarify...
The next few quarters will be "rocky," Motorola Inc.'s chief financial officer told investors and analysts at Bank of America's 2007 Technology Conference-a term the executive used three times until an analyst asked him to clarify it. Did "rocky" mean no margins or negative...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier Standard & Poor's Ratings Services lowered its corporate credit rating on Sprint Nextel Corp. to BBB from BBB+ and removed the company from CreditWatch...
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 adjusted its estimates on AT&T Corp. to reflect the integration of BellSouth Corp. and Cingular Wireless. The company said it...
KIRKLAND, Wash.-Clearwire Corp. is again looking at an initial public offering, according to documents filed with the Securities and Exchange Commission. The wireless broadband company had filed paperwork for a $400 million IPO with the SEC in May, shortly before Clearwire received a combined...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierRW Baird lowered its rating on Alltel Corp. to neutral from outperform after...
Sprint Nextel Corp. is doing a fair job of imitating a punching bag, getting pummeled left and right by sliding stock prices, gloomy predictions and integration issues. But while things look rocky for the carrier in the short term and analysts aren't holding out...
As the wireless industry rounds third base on its way into the holiday home stretch, many will depend on momentum from the third quarter to carry them through. The first round of third quarter earnings has begun to trickle in, with most of the...
