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.That earthquake you felt last week – no, not the “Baja Bumper” (7.2 Richter scale) that hit...
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.March marks the six month anniversary of my Reality Check column. We are now reaching thousands each...
Wireless carriers and equipment companies should benefit from the Federal Communications Commission’s National Broadband Plan while smaller local exchange carriers and TV broadcasters may be vulnerable, according to consultants Global Medley Advisors L.L.C.However, the details of the plan – how it is implemented and...
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.Each of us who works in the telecom industry is a manager of assets – whether networks,...
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 from the ice-crusted prairie where we celebrate mid-30 degree temperatures. The mercury wasn't the only thing...
Verizon Communications Inc. posted surprising fourth quarter results this week showing that the increasing focus on non-traditional wireless customers has hit even the most traditional of carriers.For the fourth quarter, Verizon Wireless said it added more than 2.2 million customers to its network during...
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.Season's greetings to the Reality Check faithful. It's been a trendful year, and while the pundits regurgitate...
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.I know that many of you are thinking “Isn’t he a little late for 3Q comments?” Believe...
WASHINGTON - U.S. lawmakers said on Friday they introduced a measure aimed at overhauling an annual fund intended to ensure nationwide telephone service in high-cost, rural areas by including money for high-speed Internet use.Reuters
The converging telecom and IT space is set to become a $5 trillion global business, fueled by relentless demand from individuals and businesses to be able to access information across any device at any time. The wireless/telecom/media/IT sector is growing two to five...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carriers--Morgan Stanley downgraded Qwest Communications to equal weight from overweight after recent outperformance on the stock market, limiting further outperformance potential.--RBC Capital Markets downgraded Embarq...
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 resumed coverage of Sprint Nextel with an underweight rating and a price target of $1. FBR Research resumed coverage of the carrier with...
Brand-switching appears to have tripped up Qwest Communications International Inc. - the carrier lost 45,000 of its 800,000 wireless customers in the third quarter and blamed the deficit on its recent migration to Verizon Wireless.Qwest in July dropped its mobile virtual network operator relationship...
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 raised its price target on Leap Wireless to $49 from $45 after the carrier reported strong second-quarter subscriber growth. R.W. Baird lowered...
The question was popped earlier this year and now Qwest Communications International Inc. has sealed the deal. The company has sown all its wild oats and has put its wild, mobile virtual network operator days behind it, no longer running on the Sprint Nextel...
LAS VEGAS - The growing importance of wireless in the general telecom space was evident during this morning's keynote session at the NXTcomm08 trade show here, as AT&T Inc. chief Randall Stephenson referred to the recently introduced Apple Inc. 3G iPhone numerous times in...
Federal regulators - in Congress and at the Federal Communications Commission - increasingly seem fed up with wireless service providers. Ironically, it is the very success of the largest wireless carriers that seems to be getting under government's collective skin. Over the past few...
THE GROUND CONTINUED TO SHIFT in the tumultuous mobile virtual network operator space this month as one player announced plans to call it quits, another explores a potential merger and a third prepares to morph into a reseller of wireless services.Embarq Holding Co. L.L.C....
First, let me say I think Wi-Fi is the best thing since sliced bread. Really, I do. That being said, a number of announcements last week made me scratch my head as different companies try to attack the wireless broadband space. Come along for...
Embarq Holding Co. L.L.C.'s CFO Gene Betts confirmed the company's plans to wind down its wireless offering that currently runs on former parent Sprint Nextel Corp.'s network. Betts, speaking at a Morgan Stanley investor conference yesterday, noted the company is in the process of...
Qwest Communications International Inc. is jumping wireless ship from its current mobile virtual network operator relationship with Sprint Nextel Corp. to reselling Verizon Wireless services. The move, expected to begin this summer, will see the end of the Qwest brand in wireless as the...
Qwest Communications International Inc. could take its 824,000 wireless subscribers from Sprint Nextel Corp.'s network to CDMA rival Verizon Wireless next year when its current mobile virtual network operator agreement expires, according to media reports. Such a move would give both Qwest and Verizon...
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...
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 lowered its price target on Embarq to $54 from $60 on lower out-year cash flows. The firm, however, raised its 2008 revenue...