Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to resuscitate the top headlines from the past. Fire up the time machine, put on the sepia-tinted shades, set the date for #TBT and enjoy the memories!
OpEx pressures drive...
According to a recent LTE capex and opex forecast published by iGR, Tier One operators (AT&T, Verizon Wireless, Sprint, and T-Mobile USA) and Regional and Small Operators (RSOs) are projected to spend by 2017 $37 billion in LTE capex and $56 billion in opex.
"US capex...
After months of rumors, LightSquared’s plans to speed up its proposed network deployment seem to have found some solid ground as the company has announced a 15-year, “spectrum hosting and network sharing” agreement with Sprint Nextel Corp. (S)The deal calls for Sprint Nextel to...
Sprint Nextel Corp. (S) continued its operating turn around during the second quarter, but those improvements appeared to have come at a cost.The carrier managed to add nearly 1.1 million new customers to its network during the quarter, which was about 1 million more...
Despite claims that a sale was nearly finalized, Clearwire Corp. (CLWR) has backed away from its plans to sell off spectrum assets in an attempt to raise funds for future growth. This was the statement from acting CEO John Stanton, who said during the...
Clearwire Corp.’s (CLWR) transition from a retail operator to a wholesale partner gained further momentum during the fourth quarter as the carrier posted record wholesale net additions and announced plans to further curtail its retail strategy.For the quarter, Clearwire said it added more than...
Sprint Nextel Corp. (S) continued to turn around its flagging customer growth results during the third quarter, though at a tough financial cost.The nation’s No. 3 operator said it added 644,000 net total customers to its network during the third quarter, which was a...
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,...
AT&T Mobility's second-quarter numbers were buoyed by a 52% jump in wireless data sales over the same quarter last year, and the carrier's overall revenues from wireless popped by 15.8% over the same period. The carrier reported a gain of 1.3 million new customers...
Nokia Corp. set the bar for its competitors yesterday - growth is possible under current market conditions. But Sony Ericsson Mobile Communications could not perform a chin-up. The Japanese-Swedish joint venture reported today that key metrics were down across the board and its...
Editor’s Note: Welcome to Reality Check, a feature for RCR Wireless News’ new weekly e-mail service, Mobile Content and Culture. We’ve gathered a group of visionaries and veterans in the mobile content industry to give their insights into the marketplace. In...
Tellabs Inc. reported a profit of $6 million in the fourth quarter, marking a 78% drop from the $29 million it brought in during the year-ago period. Due to the lagging profits, the company said it would cut 225 employees from its workforce, in...
Mobile Voice over Internet Protocol will quickly overtake voice-over-Wi-Fi technology and become a mainstream form of communication, predicts a new study from research firm Disruptive Analysis.The firm predicts the number of VoIP over 3G users could grow from virtually zero this year to more...
NextWave Wireless Inc. lost more than $59.5 million during the second quarter, primarily due to an increase in operating expenses related to the expansion of its research and development teams and related support organizations, it reported in financial results.The loss, which nearly doubled from...
NextWave Wireless Inc., which has been on an acquisition bent this year as it aims to be a force in the wireless broadband industry, announced a 98% increase in revenues from the year-ago period in financial results for the first quarter.The company raked in...
NextWave Wireless Inc., which has been on an acquisition bent this year and remains a steady force in the industry, announced a 98% increase in revenues over the year-ago period in financial results for the first quarter of 2007.The company raked in $7.7 million...
With wireless carriers expected to begin announcing first quarter results this week, accounting-challenged U.S. Cellular Corp. reported much-delayed fourth quarter results as well as limited first quarter results.The carrier said it added 86,000 net subscribers during the final three months of 2006, which was...
RadioShack Corp.'s stock stood out this morning as it shot up nearly 15 percent to $26.24, well above its 52-week high, on news that the electronics retailer's profits in the fourth quarter jumped 64 percent to $84.5 million after cost-cutting measures took effect.Revenue, however,...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarrierMorgan Stanley raised its industry view on the telecom services business to in-line from cautious based partially on positive expectations for AT&T. The company increased...
MILPITAS, Calif.-Chipmaker LSI Logic Corp. jumped into the wireless arena by scooping up Agere Systems Inc., a mobile phone chip producer. LSI develops chips for hard drives and DVD recorders, while Agere competes in the communications chip market against powerhouses such as Texas Instruments...
BOSTON—American Tower Corp. confirmed it will restate financial results from 2005 through the first quarter of this year after finding discrepancies in "measurement dates" of certain stock-option grants. AMT said an internal committee is still reviewing the stock-options backdating matter and plans to submit...
CAMBRIDGE, England—Shares of Bango plc faltered after the company said it was unlikely to become cash flow-positive this year. Bango, which provides technology for off-deck content delivery and billing, reported $8.6 million in revenues for the six-month period ending Sept. 30, up 43 percent...
There's nothing like a new nationwide WiMAX network to invigorate the already booming tower industry, though news of Sprint Nextel Corp.'s WiMAX plans didn't come in time to boost second-quarter results from Global Signal Inc. or American Tower Corp. During an earnings conference call,...
SARASOTA, Fla.—For the fifth quarter in a row, Global Signal Inc. blamed its net losses on the company’s $1.2 billion cash purchase of 6,600 Sprint Nextel Corp. towers, which the company announced in May 2005. Global Signal said its second-quarter net losses grew to...