ALAMEDA, Calif.—UTStarcom Inc., a wireless equipment and handset manufacturer, announced it will delay filing its 2005 annual report until the end of April so its audit committee could resolve a premature recognition of $22 million in revenue and complete an assessment of its internal...
NEW YORK—Frazzled, on-the-go parents can now entertain their kids with Thomas & Friends stories on their Sprint Nextel Corp. mobile phones. Vocel and Random House Children’s Books teamed up to bring the adventures of Thomas the Tank Engine to mobile phones. Thomas & Friends,...
RESTON, Va.—Sprint Nextel Corp. is teaming with the Associated Press to allow reporters to file 60-second video clips from the 215 cities and 466 airports where the carrier offers high-speed wireless access. The service uses SNAPfeed, a "store and forward" video application developed by...
EDINBUG, Va.—The fourth quarter of 2005 was kind to Shenandoah Telecommunications Co., which outpaced analysts’ expectations as it brought in total revenues of $39.2 million, a jump of more than 21 percent over the same quarter in 2004. Shentel, which provides service in the...
SAN DIEGO—Network design and engineering firm Wireless Facilities Inc. reported a net loss during the fourth quarter of $3.4 million, a reversal from its net income of $12.3 million during the same quarter of 2004. The net loss included a $5 million deduction due...
BRISTOL, Conn.—ESPN announced an international push for its ESPN-branded mobile content. The company said the new initiatives target wireless customers in Canada, Europe and Latin America and covers a variety of content including sports news and information, video, ringtones, wallpaper, wireless Internet sites and...
WASHINGTON—Online wireless retailer InPhonic Inc. unveiled a business unit targeting small business users. The company launched Wirefly.biz, an Internet storefront hawking products and rate plans designed for home office workers and small businesses. The site carries offerings from Cingular Wireless L.L.C., Sprint Nextel Corp.,...
WASHINGTON-As part of the Federal Communications Commission's plan to solve the public-safety interference problem in the 800 MHz band, Sprint Nextel Corp. was given 10 megahertz of spectrum in the 1.9 GHz band. However, before the carrier can use the spectrum it must first...
News that AT&T Inc. would acquire BellSouth Corp. quickly sent ripples of rampant speculation through the industry, as observers tried to calculate the implications of the deal. Immediate reactions focused on the response from Verizon Communications Inc. and whether it would seek to bolster...
As far as Sprint Nextel Corp. officials are concerned, the future is mobility, new models and new math. Sprint Nextel Chief Executive Officer Gary Forsee argued at the company's annual analyst conference that his company's partnership with cable companies and its relationships with multiple...
Cingular Wireless L.L.C. joined the mobile TV bandwagon last week, launching a carrier-branded streaming video service featuring short clips from 18 channels. But whether consumers really want to watch TV on their phones-and how much they'll pay for it-remains anybody's guess.Content providers for Cingular...
When Cingular Wireless L.L.C. closed on its purchase of AT&T Wireless Services Inc. in late 2004, the company poured out an estimated $300 million in marketing during the fourth quarter of that year, sending out everything from a "wedding" invitation touting the joining of...
WASHINGTON-The House Commerce Committee last week quickly passed a bill making the sale of telecommunications customer call records illegal. The bill also gives the Federal Communications Commission and the Federal Trade Commission added tools to restrict the sale of call records, and requires that...
The market outlook for CDMA handsets may be described as a tale of two contrasting regions. And therein lies a few wireless lessons about the difference in how profits are made in emerging and mature markets. The emerging market is the Asia-Pacific region, led...
AT&T Inc.'s planned acquisition of BellSouth Corp. could be great for consumers, but the news isn't so great for telecom equipment vendors, already suffering from declining profits. "In our view, carrier consolidation is a net negative for equipment vendors," stated a recent report by...
SCHAUMBURG, Ill.-Motorola Inc. hedged the value of the 37.6 million shares of Sprint Nextel Corp. stock it owns, which represent about 1.25 percent of Sprint Nextel's stock. Hedging allows Motorola to maintain the stock's current value and participate in a portion of the stock's...
OVERLAND PARK, Kan.—Sprint Nextel Corp. unveiled Voice over Internet Protocol services for business customers, and said it plans to integrate wireless capabilities with services that are expected to be deployed later this year. The Sprint IP Voice Connect service offers local and long-distance service,...
WASHINGTON—As part of the Federal Communications Commission’s plan to solve the public-safety interference problem in the 800 MHz band, Sprint Nextel Corp. was given 10 megahertz of spectrum in the 1.9 GHz band. However, before the carrier can use the spectrum it must first...
By Matthew Creamer and Alice Z. Cuneo NEW YORK—Sprint Nextel Corp. has consolidated its $745 million media buying and planning business at WPP Group’s MindShare, the marketer said.The decision, made months after Sprint Corp. and Nextel Communications Inc. completed their merger, follows a review...
SCHAUMBURG, Ill.—Earlier this week Motorola Inc. hedged the value of the 37.6 million shares of Sprint Nextel Corp. it owns, which represent about 1.25 percent of Sprint Nextel’s stock. Hedging allows Motorola to maintain the stock’s current value and participate in a portion of...
VANCOUVER, British Columbia—Social networking vendor AirG said it expanded its customer list to include Alltel and Amp’d Mobile. The company said it launched a mobile social networking community service with Alltel Corp. called Coolchat. Using the service, Alltel customers can chat with friends and...
OVERLAND PARK, Kan.—Sprint Nextel Corp. unveiled a new mobile calling offer that allows its wireless customers to make and receive unlimited calls from one designated wireline number, without draining their wireless minutes. The Sprint to Home plan for consumers costs $5 a month for...
ATLANTA—Cingular Wireless L.L.C. expanded its mobile TV offerings, launching a streaming video service featuring short clips from 18 channels. Cingular Video is available free to subscribers purchasing the carrier’s unlimited 3G data plan, which costs $20 a month. Content providers for the service include...
NEW YORK—Data services and convergence are the key to Sprint Nextel Corp.’s future, Chief Executive Officer Gary Forsee made clear at the company’s annual analyst meeting. Forsee argued that Sprint Nextel’s partnership with cable companies and its relationships with multiple mobile virtual network operators...
