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Verizon Wireless, AT&T Mobility content to sit out current prepaid frenzy

Few would question the phenomenal growth in the prepaid market over the past several quarters with nearly every operator posting stronger growth from its prepaid operations than postpaid. However, the nation's two largest operators, Verizon Wireless and AT&T Mobility, are content to sit on...

Verizon Wireless, AT&T Mobility content to sit out current prepaid frenzy

Few would question the phenomenal growth in the prepaid market over the past several quarters with nearly every operator posting stronger growth from its prepaid operations than postpaid. However, the nation's two largest operators, Verizon Wireless and AT&T Mobility, are content to sit on...

T-Mobile USA updates prepaid offerings

T-Mobile USA Inc. poured further fuel on the prepaid fire today with the refining of its traditional prepaid plans to now include unlimited calling and texting options. The move looks to be essential for the nation's No. 4 carrier, which recently said it lost...

Reality Check: Prepaid-a-Palooza – is it for real this time?

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.There have been a host of stories in the past week on prepaid services, and we touched...

Alliances: Qualcomm, Hughes and American Medical target mobile health; etc.

Qualcomm Inc., Hughes Telematics Inc. and American Medical Alert Corp. announced they have formed a joint venture aimed at delivering mobile health services through Lifecom L.L.C. The venture was formed with cash and in-kind contributions from the members and will operate as a majority-owned...

Sprint Nextel reinforces no-contract plans

If prepaid is the future, then count Sprint Nextel Corp. as going all in on the no-contract wireless front.The carrier today unveiled its latest card to play in the prepaid game with the release of its Common Cents pay-as-you-go service that provides a traditional...

Capital Markets: M&A, quarterly results

Mobile video optimization company Vantrix said it completed a $14 million series C investment round that was led by Tudor Ventures. Other investors in the round include Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures. The company said...

Capital Markets: M&A, quarterly results

Mobile video optimization company Vantrix said it completed a $14 million series C investment round that was led by Tudor Ventures. Other investors in the round include Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures. The company said...

Reality Check: Three discoveries from first quarter earnings

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 to the Reality Check faithful. This week many pieces of the earnings puzzle were filled in,...

Leap adds 446,000 subs, but loss widens to $65.4M

Much like fellow flat-rate provider MetroPCS Communications Inc., Leap Wireless International Inc. added customers during the first quarter, but at a cost. The results highlight the increased competition in the prepaid field as wireless service providers attack that market segment full force. Indeed, the...

MetroPCS reports strong customer adds, but at a cost

MetroPCS Communications Inc. reported higher subscriber growth but increased costs to get those subscribers in its first-quarter financial results. The flat-rate carrier cited its Wireless for All tax-inclusive plans, which were introduced in early January, for the bump in quarterly net subscriber additions. Increased...

Capital Markets: AT&T divests Tech Mahindra stake, quarterly earnings

Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...

Capital Markets: AT&T divests Tech Mahindra stake, quarterly earnings

Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss of $852,000, or 1...

Boost Mobile adds to unlimited bundle

Sprint Nextel Corp.’s Boost Mobile division is keeping the pressure on in the no-contract space as it’s now offering unlimited 411 calls, e-mail and instant messaging to its $50 per month, unlimited rate plan. For those customers on the company’s Blackberry plan, the new...

Reality Check: What to make of Verizon and AT&T earnings

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.   There's a lot to cover this week and a short amount of reading time, so...

Reality Check: What to make of Verizon and AT&T earnings

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.   There's a lot to cover this week and a short amount of reading time, so...

Verizon Wireless total adds up, direct adds slow

Reports from analysts that the mobile industry would witness a sharp drop in postpaid customer additions during the first quarter held true this morning as Verizon Wireless posted results   The industry’s largest operator said it added 1.552 million customers to its network during the first...

Alliances: Alcatel-Lucent, FiberTower and more

Editor’s Note: The following are notable alliances announced over the past week:   Alcatel-Lucent and EADS Defence & Security announced they signed an agreement in principle to work together to develop a mobile solution for the U.S. public-safety market. The solution will be based on 4G...

Capital Markets: Ericsson buys Nortel's JV, Apple results, etc.

Ericsson reported it has entered into an agreement to purchase Nortel's majority shareholding in LG-Nortel, renaming the venture LG-Ericsson. Terms of the deal were not released. Ericsson had previously acquired Nortel's GSM assets in North America. Ericsson said the joint venture will include contracts...

Leap looking for devices, coverage to boost 2010

Leap Wireless International Inc. is using 2010 to catch its breath, or at least that was the sentiment from its CFO Walter Berger who spoke this morning at Goldman Sachs’ Inaugural Technology, Media & Telecom Leveraged Finance Conference. Berger noted that the company spent...

Capital Markets: Nokia acquisitions, Qualcomm dividends and more

Adtran Inc. reported first-quarter results, including a 15% increase in sales to $127 million from $110 million during the first quarter of 2009. Net income increased 20% to $18.2 million, or 29 cents per share, compared with net income of $15.2 million, or 24...

Analyst Angle: Seven unlimited prepaid trends

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.It is no secret that the wireless sector has transformed and the segment seeing the...

MetroPCS offers voicemail to text service

MetroPCS Communications Inc. is offering its subscribers voicemail to text messaging alerts for $3 per month. The flat-rate carrier said it is the first national U.S. carrier to offer the automated service, powered by Yap."Customers are keenly interested in the latest wireless innovation combined...

@CTIA: Leap increases no-contract pricing pressure

LAS VEGAS – The prepaid pricing wars took another step down today as Leap Wireless International Inc.’s Cricket subsidiary unveiled new plans that provide for nearly nationwide voice calling for $30 per month. The new plans update the carrier’s previous offering by providing for...