If we didn't live in a capitalist society, we'd be all for using Sprint Nextel's iDEN network for public safety. Just look at the benefits. First, you save Sprint Nextel with some business that won't churn for another carrier; then you save Motorola because...
A sequential dip in shipments by Motorola Inc. and Sony Ericsson Mobile Communications between the fourth quarter and the first quarter spelled t-r-a-c-t-i-o-n for numerous second-tier handset makers, particularly in emerging markets. The opportunity for greater volumes among those outside the elite top tier...
Contrary to the popular maxim, no news is not good news - at least at Motorola Inc.Armed only with more promises to revive the badly flagging company, CEO Greg Brown and fellow board members took a beating from their shareholders yesterday, according to news...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.WiMAX--Libya: Alcatel-Lucent said it won a contract from Libya Telecom...
Hello! And welcome to our Thursday 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 RCRWirelessNews.com to rant and rave about whatever rubs us the wrong way....
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--RBC Capital Markets initiated coverage on Leap Wireless with a sector perform rating and a $55 price target.--Lehman Brothers lowered its 2008 EPS estimate on...
Pesky Wall Street.No matter how well you perform, the stock market - understandably, because it reflects investors' view of future prospects - is all about "what's next"?Qualcomm Inc., riding a wave of global demand for W-CDMA-enabled handsets - and strong performances by Samsung Electronics...
The once-monolithic handset market is becoming a lot more interesting.As growth slows in developed markets, players with strong presence in emerging markets may see more dependable gains. But macro-economic uncertainty has analysts and handset vendors forecasting anywhere from 4% to 10% overall growth for...
The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.--Ambient: Vicis Capital Master Fund invested $3 million into Newmont, Mass.-based Ambient Corp. The financing deal called for Ambient...
Motorola Inc. continued to lose traction in the handset market as first-quarter revenue was down nearly 40%, its operating losses nearly doubled and handset shipments were down drastically over the year-ago quarter.Wall Street hammered the company's stock, sending it down nearly 5% today to...
Sony Ericsson Mobile Communications said it lost a point of market share in the first quarter, following a warning it gave last month.The Japanese-Swedish JV reported a year-on-year increase of only 2% in the number of handsets shipped (22.3 million), despite what one analyst...
Motorola Inc. is streamlining product oversight in its phone business as it searches for a CEO to run the operation, which it plans to spin off as a separate company.Rob Shaddock, who was senior VP for the company's feature phones, such as the Razr,...
Nokia Corp. posted strong results for the typically tepid first quarter, but its stock dipped 14% in midday trading after the company said that the handset market's overall value, in Euro terms, would decline from last year.Nokia reported revenue of $20.2 billion in the...
A class-action antitrust lawsuit has been filed against Qualcomm Inc., the San Diego-based CDMA technology giant. The suit appears to echo similar claims filed against Qualcomm by rival Broadcom, but was filed by an individual, Jesse Meyer, who bought a Motorola Inc. Razr from...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors--RBC Capital Markets lowered its price target on Motorola Inc. to $10 from $12. The firm also cut its unit estimates on...
Verizon Wireless is hoping to spur uptake of the wireless Web with a new, all-you-can-surf plan for smartphone users.The carrier introduced a $30-per-month plan that gives smartphone users "an unlimited data allowance" for e-mail and the mobile Internet. The plan supports as many as...
Our favorite country to the North, Canada, is going to have its own spectrum auction next month. We can't wait! Will Google play? Will bidders shell out billions to build 3G networks and then find uptake is slow and beg the government for relief?...
OK, Mark Twain's "mysterious stranger" was actually Satan's nephew, and we're certainly not deriding the devilish Steve Jobs or his wonderful company - but the theme of unwanted intrusion is apt.That is, if you consider the perspective of incumbent handset vendors and all network...
Mark Louison's unassuming manner dovetails well with Nokia Corp.'s efforts to project a kinder, gentler approach to the North American device market, an effort he has led for the past year."Alignment" with carrier needs is a term oft-repeated by handset vendors in discussing the...
MOTOROLA INC. MADE two major moves last week to put its house in order as it works to revive its flagging mobile device business.First, the company and investor Carl Icahn agreed to seat one of Icahn's allies on the 13-member board and place that...
Hello! And welcome to our 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 RCRWirelessNews.com to rant and rave about whatever rubs us the wrong way. We...
Dave Dorman, a former AT&T chief executive and currently on Motorola Inc.'s board of directors, has gotten the nod to become the board's next chairman. Dorman has served on the board since 2006. Dorman assumes his new position May 5, when current chairman, Ed...
Motorola Inc. said today it had seated an ally of investor Carl Icahn on its board and nominated another Icahn ally for election at the company's annual shareholder meeting May 5. The ailing handset company also said it would consult with Icahn on the...
JUDGING BY THE HANDSET NEWS out of CTIA Wireless 2008 last week, competition in the United States is a SKU vs. SKU battle -handset-to-handset combat, if you will. In the absence of anything earth-shattering, the variety of handset news really spoke more to the...
