M/C Venture Partners has been betting on increased fiber needs in the past few years, buying distressed assets at lower prices when supply ran ahead of demand. Today, the VC firm is seeing that strategy pay off as wireless, cable and telecom companies need...
Ericsson Inc. (ERIC) supplied the network equipment for MetroPCS Communications Inc.'s LTE rollout in the Dallas area. The operator is offering services on one device, the Samsung Craft, a dual-mode handset that operates on the carrier's CDMA and LTE networks....
MetroPCS Communications Inc. continued its LTE roll out plans with the launch of services in the Dallas/Fort Worth, Texas area. The launch follows up the carriers launch last week in Las Vegas of the first commercial LTE network in the United States. MetroPCS said...
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...
Leave it to the little guys to lead in LTE deployments.Regional wireless operator MetroPCS Communications Inc. (PCS) this morning launched its LTE service in the Las Vegas area offering customers the chance to be the first to sample the technology in a commercial environment....
Don't call it a launch.Clearwire Corp. (CLWR) said it has begun “operational readiness activities” in New York, Los Angeles and other markets ahead of its official launch of WiMAX services in those markets. For the New York and Los Angeles markets the carrier said...
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...
UTStarcom (UTSI) said it closed a strategic investment led by Beijing E-town International Investment and Development Co. Ltd. The company recently revised terms of the investment that was announced earlier this year. According to the revised terms, UTStarcom received a total of $36.6 million...
MetroPCS Communications Inc. launched its Mas Mexico unlimited voice and text messaging calling plan that allows its customers to call friends and family in Mexico for $5 per month. The plan includes unlimited calls to landlines and unlimited text messages to mobile phones. ...
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...
ZTE Corp. extended its presence in the U.S. market with the launch of its first mobile handset with a nationwide operator as Verizon Wireless unveiled ZTE’s Salute.The device has modest features, including a sliding form factor with a 2.4-inch screen, a traditional 12-button keypad,...
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...
Hydrogenics Corp., which develops products based on hydrogen generation and fuel cell technologies, forged a strategic alliance with CommScope Inc. (CTV) that calls for the companies to jointly develop next-generation power modules for telecom backup power applications. The deal includes an equity investment...
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...
Randall Stephenson, CEO of AT&T Corp., is the top paid executive in the telecom space among U.S.-based public companies. Stephenson is followed by Qualcomm Inc. CEO and Chairman Dr. Paul Jacobs. During the next month, RCR Wireless News will feature top paid executives each Monday.
Editor's Note: Following is a list of 10 top paid CEOs in the wireless industry in the United States. Randall Stephenson, CEO of AT&T Corp., is the top paid executive in the telecom space among U.S.-based public companies. Stephenson is followed by Qualcomm Inc....
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...
Zenprise said it raised $9 million in a financing round led by Rembrandt Venture Partners. Existing investors Ignition Partners, Bay Partners, Mayfield and Shasta Ventures also participated. The funds will be used to expand the company's sales and marketing efforts.UTStarcom (UTSI) announced additional details...
Sprint Nextel Corp. yesterday backed off previous claims that sales of the HTC Corp. Evo 4G device on its launch day of June 4 were three times higher than the combined sales of the carrier's previous best sellers, the Samsung Electronics Co. Ltd. Instinct...
The Global mobile Suppliers Association said that it expects 22 LTE networks to be up and running by the end of this year with an additional 23 networks operational by the end of 2012. The GSA added that 80 operators have made “firm commitments...
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...
Editor's Note: The list below is a wrap up of first 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 continues to...
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....
