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...
Despite a strong majority of retailers having a mobile strategy in place, the promise of mobile shopping has yet to ring true at the cash register, though it is steadily increasing, according to a new report from Forrester Research Inc.According to “The State Of...
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.Several companies provided earnings and further guidance last week. Interestingly enough, all of these earnings results were...
The Hindu Business Line | May 2, 2011
To invest Rs 1,000 cr this year
NEW DELHI, MAY 2:Â Spice Mobility Ltd on Monday announced that it will invest Rs 1,000 crore in the current financial year in a bid to reposition itself as a mobile Internet...
EBay Inc.'s (EBAY) online payment service PayPal has acquired Boston-based Fig Card, a payment startup that seeks to eliminate the use of credit cards in lieu of smartphones. Financial details of the buy were not disclosed.Fig Card allows retailers to enable mobile payments...
Apple Inc. (AAPL) announced today that the elusive white iPhone 4 will be available for sale beginning tomorrow.The white counterpart will be available for a suggested retail price of $199 for the 16GB model and $299 for the 32GB model with a new two-year...
Verizon Wireless (VZ) and Sprint Nextel Corp. (S) shed some launch light on a pair of handsets that both expect to begin offering over the coming days and weeks.Verizon Wireless said it will begin offering the HTC Corp. Droid Incredible 2 on April 28...
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.The telecommunications earnings season began with a bang this week with Verizon Communications Inc. (VZ), AT&T Inc....
Verizon Wireless (VZ) is looking to keep the momentum building for its LTE network announcing today the launch of service in six new markets and plans for a new smartphone.The new markets Clarksville, Tenn.-Hopkinsville, Ky.; Cleveland, Tenn.; Columbia and Hilton Head, S.C.; Wilmington, N.C.;...
Verizon Wireless (VZ) continued to show strong postpaid customer growth during the first quarter of this year, buoyed by its recently launched LTE service as well as the launch of Apple Inc.’s iPhone device on its network. However, non-traditional – at least for Verizon...
Sprint Nextel Corp. (S) and Clearwire Corp. (CLWR) resolved their dispute over wholesale pricing in an agreement that also gives Clearwire additional funding of at least $1 billion. Wholesale services are at the heart of Clearwire's new growth strategy, and with Sprint as its...
Walmart may be trying to get into your pocket – through social media that is – after purchasing silicon valley based Kosmix for an undisclosed sum, according to Reuters.
The shopping chain giant is apparently attempting to cash in on more tech savvy shoppers by...
AT&T Mobility (T) has flipped the switch on more former Alltel Communications L.L.C. customers in parts of Utah, North Dakota, South Dakota, Iowa and Minnesota that are now being serviced through the nation’s second largest operator. The move follows AT&T Mobility’s acquisition of Alltel...
AT&T Mobility (T) has flipped the switch on more former Alltel Communications L.L.C. customers in parts of Utah, North Dakota, South Dakota, Iowa and Minnesota that are now being serviced through the nation’s second largest operator. The move follows AT&T Mobility’s acquisition of Alltel...
Further proof that the prepaid space is the mobile industry’s hottest segment came this morning with AT&T Mobility (T) announcing it will begin offering its first smartphone through its GoPhone offering. LG Electronics Co. Ltd.’s Thrive has been tapped as the initial prepaid smartphone...
We get it – application stores are cool. With the two biggest games in town, Apple Inc.'s App Store and Google Inc.'s Android's Market both running in to several hundred thousand apps and making developers millions of dollars, it only seems natural that others would want to irk the successful formula.
UPDATED: Just days after further muddying its prepaid lineup, Sprint Nextel Corp. (S) is now looking to clarify the waters by combining two of its offerings into one. The carrier noted the move was part of its ongoing evaluation of its prepaid branding strategy.The...
The Federal Communications Commission yesterday issued a Notice of Proposed Rulemaking (NPRM) regarding tougher rules regarding consumer signal boosters, asking how the products should comply with all applicable technical and RF exposure rules, as well as set parameters that would prevent or control interference...
Feeling a little confused about Sprint Nextel Corp.'s (S) prepaid strategy? Well just wait until next month when the carrier's Boost Mobile brand begins offering a smartphone with price plans that undercut those offered by its data-centric Virgin Mobile USA offering.Boost Mobile announced yesterday...
Mobile entertainment is expected to see double-digit gains this year, reaching nearly $38.4 billion, according to a new report from Juniper Research."This continuing growth comes despite the backdrop of an uncertain economic climate, demonstrating both the relative robustness of the mobile content industry as...
Best Buy Co. Inc. (BBY) bolstered its Best Buy Connect-branded mobile broadband offering with the addition of “4G” services through a previously announced agreement with Clearwire Corp. (CLWR). The service, which was originally hatched last summer, builds on top of the Best Buy Connect’s...
Watch live streaming video from rcrtv at livestream.comORLANDO, Fla. – Clearwire Corp. has been through a number of changes over the past several months, including a change of leadership that could impact the future of the company's operations. Earlier this month the carrier's CEO...
Turkey-based mobile operator Turkcell Iletisim Hizmetleri AS (TKC) said it plans to expand operations into Germany through its wholly-owned subsidiary Turkcell Europe. The carrier said it expects to begin offering service in Germany in April 4.The German expansion, which is to include the launch...
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,...