AT&T INC. ROLLED THROUGH the quarter with 2 million net customer additions, and most of them (1.2 million) were coveted retail postpaid customers-up more than 30% from retail postpaid gains …
Quarterly Earnings
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Shares of Openwave Systems Inc. continued to dissolve after the company posted quarterly revenue of $63 million, down 24% from the same period last year.The buffeted mobile software developer narrowed …
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Motorola Inc. saw its net earnings fall by 94% for the third quarter-but Wall Street appeared to buy Chairman and CEO Ed Zander’s message that the company is improving and …
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EarthLink Inc. posted a third-quarter loss driven by restructuring costs and its investment in mobile virtual network operator Helio L.L.C., but promised that it was in the midst of a …
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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.–Melodeo: Ignition Partners and Voyager …
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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 raised its rating on Sprint Nextel to …
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AT&T Inc. reported a strong quarter, adding 2 million net new wireless subscribers to bring its subscriber base to 65.7 million. Of its net additions, 1.2 million were retail postpaid …
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Apple Inc. beat Wall Street’s financial estimates and said that it sold more than 1.1 million iPhones during the quarter to bring its cumulative sales of the popular wireless device …
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WIDENING THE GAP: AT&T Mobility, Verizon expected to soar at Sprint Nextel’s expense
by jscarboby jscarboA mixed third quarter is expected for the wireless industry, with weakness at Sprint Nextel Corp. contrasting with solid performances by AT&T Mobility and Verizon Wireless, according to a report …
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Nokia sweeps the ‘world series’ in third quarter: But Q4 could be tough for Nokia, Moto without large display screens
by jscarboby jscarboNOKIA CORP. RODE A CONTINUING WAVE of worldwide consumer demand for handsets in the third quarter, posting impressive gains in revenue and profit and volume.The other top-tier, incumbent handset makers …
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Mobile users are increasingly turning to Google Inc., but on-the-go searches remain dwarfed by PC queries, the Internet giant said in an earnings call yesterday.Google, which saw its quarterly net …
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Nokia Corp. inched toward its long-held goal of 40% global market share in the third quarter, shipped more phones than its three largest rivals combined and earned revenue and profit …
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LG Electronics Co. Ltd. faces fierce competition in the United States, despite the handset maker’s devotion to serving the carriers’ needs, according to the vendor’s latest financial results. The proportion …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Standard & Poor’s Ratings Services said it does not expect …
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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.–Bluestreak: Iris Capital led a …
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L.M. Ericsson warned yesterday that third-quarter sales would total about $6.8 billion, with operating profit of $875 million, sending its shares down almost one-third. CEO Carl-Henric Svanberg said the company …
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Online wireless retailer InPhonic Inc. said that its third-quarter results will fall significantly below previous guidance, an announcement that coincides with the company’s plans to consider business options including a …
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Samsung Electronics Co. Ltd. reported $2.39 billion in earnings for the third quarter, an increase of 1% from the same period last year, due largely to growth in its cellphone …
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Virgin Mobile USA L.L.C.’s stock began trading publicly as the company completed an initial public offering with share prices at the low end of its expected range. Virgin Mobile USA …
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Sony Ericsson Mobile Communications earned $380 million in its most-recent quarter, reflecting the first results of its recent push on low and mid-tier priced devices. The handset manufacturer shipped 25.9 …
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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.–Catalyst Mobile: Sofinnova Ventures led …
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Financial ratings wrap-up: Sprint Nextel, Research In Motion, Motorola and more
by jscarboby jscarboThe following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Morgan Stanley cut its EPS estimate on Sprint Nextel to …
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MetroPCS Communications Inc.’s shares plunged more than 9% after the company released its preliminary subscriber results for the third quarter of 2007, reflecting a 42% drop in net additions year-over-year. …
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Shares of Research In Motion Ltd. rocketed after the company broke the 10-million subscriber mark and issued a positive outlook for the rest of the year.The BlackBerry maker reported second-quarter …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carrier–Morgan Stanley cut its price target on Embarq Corp. to …