The FCC held a hearing last week on how to regulate early termination fees, which are charges wireless customers pay to get out of their service contracts.; etf kevin martin fcc early termination fees; RCR Wireless News sister...
The pace of action on the world's infrastructure stage has increased over the past several months, with a number of major carriers announcing multibillion-dollar buildout plans, intellectual property owners realigning their stances, and infrastructure vendors desperately trying to keep up with it all.The...
Verizon Wireless' proposed acquisition of Alltel Communications L.L.C. could wound infrastructure vendors in the short term due to the carriers' network overlaps and a potential pullback on immediate buildout plans, but overall the merger shouldn't cause too much concern for suppliers.An acquisition "typically ends...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers raised its price target on Leap Wireless to $60 from $43 and improved its EPS estimates to a loss of 79 cents rather...
Imagine that a group of disparate warriors needs to cross a field laden with land mines. If they can agree on an approach that keeps all of them intact, they all survive to seek their fortunes. But if one or more seeks its own...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers lowered its estimates on Virgin Mobile USA to 39 cents from 46 cents for 2008 after the company reported in-line first-quarter results.--Standard &...
Nortel Networks Corp. said today that it would charge "about" a 1% royalty rate* to handset vendors licensing Nortel's Long Term Evolution patents.(Yes, that asterisk is intentional. See below or Nortel's statement.) The infrastructure vendor said its motive was "to provide increased transparency and...
Nortel Networks offered a mixed bag with its first-quarter financial report. The company's net loss widened, but revenues were up and it said it is still on track to meet its 2008 targets.Nortel's stock initially surged on the report, but shares were trading down...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers lowered its price target on Verizon to $48 from $50 and lowered its current-year EPS estimate on the company to $2.66 from $2.74....
Richard Lowe is president of carrier networks at Nortel Networks Inc. The Carrier Networks group, which is Nortel's largest division, includes a large portfolio of mobility and converged solutions including CDMA, GSM, VoIP/IMS, WiMAX/4G. Q: It seems the infrastructure market has experienced some turbulence...
Yes, the mobile industry would be well-served if everyone got behind a single 4G technology. No, it's not going to happen anytime soon.Vodafone Group CEO Arun Sarin used his keynote speech to urge carriers to close ranks behind LTE, placing WiMAX within the TDD...
So it was about 24 hours ago when in these same pages - and if we did our jobs right, in this same general area - I made some wild claim that the wireless industry was "back to full strength" and that this year's...
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.Cellular--Pakistan: Warid Telecom has chosen Ericsson to expand and upgrade...
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 Palm to $5 from $6 after the company reported a slight revenue miss on...
Nortel Networks Corp. inked a five-year deal to deliver infrastructure kit for U.S. Cellular's CDMA network.U.S. Cellular said it will purchase Nortel's CDMA switching, base stations and software under terms of the deal, using the technology to deliver voice service as well as Web...
CTIA is taking its big show back west this year as the CTIA Wireless 2008 event is set to take place April 1-3 in Las Vegas (and if you haven't made your plans to attend yet, you might want to stop reading this and...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--R.W. Baird lowered its price target on MetroPCS to $25 from $30 on mixed fourth-quarter results. The firm also lowered its 2008 revenue estimates on...
Motorola Inc. is on the lookout for an executive to lead its troubled handset division to the promised land, according to CEO Greg Brown, who said yesterday he is currently spending 80% of his time on resurrecting the unit. Brown made his remarks to...
Nortel Networks Corp. reported a loss of $844 million during the fourth quarter of 2007 and said it would fire 2,100 employees and move another 1,000 positions to lower cost locations. The losses compounded an already tumultuous year for the infrastructure vendor, as it...
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 downgraded its industry rating on the telecommunications services sector from overweight to market weight. In related action, CSFB downgraded both AT&T...
It's odd that at a show where PhDs, MBAs and so many smart people from the telecom space stroll the pavilions, Robert Redford can steal the headlines by talking about the possibility of mobile films. -------------------------------Mobile World Congress continues to grow and grow...
As I listened to some of the world's largest wireless infrastructure providers talk about their business plans last week at the Mobile World Congress event in Barcelona, Spain, I heard a lot of pain. This is not the Lucent of 2000, at $80 a...
BARCELONA, Spain - The world's largest network providers are jockeying for position in the race to build out fourth-generation networks in an increasingly uneasy market affected by intense competitive price pressures and worries of an economic downturn.Nokia Siemens Network CEO Simon Beresford-Wylie reiterated earlier...
Mobile phone design efforts over the past two years appear to have taken the handset as far as it will go, for now, if the handsets coming out of the Mobile World Congress in Barcelona, Spain, are any indication.The forefront of innovation today is...
