MEXICO CITY-Leading wireless prepaid provider Tracfone Wireless Inc., which is a subsidiary of America Movil, said it gained 1 million new subscribers in the fourth quarter of 2005, bringing its net additions for the year to 1.7 million customers The new Tracfone subscribers accounted...
Postpaid customers may take for granted their ability to outfit their phones with jazzy ring tones, flashy wallpaper and nifty games, but prepaid customers historically haven't been offered those luxuries. Increasingly, however, prepaid services are beginning to include a wider selection of downloads and...
MEXICO CITY-Leading wireless prepaid provider Tracfone Wireless Inc., which is a subsidiary of America Movil, said it gained 1 million new subscribers in the fourth quarter of 2005, bringing its net additions for the year to 1.7 million customers The new Tracfone subscribers accounted...
The evolution of the wireless industry has had a profound effect on the players involved. Within all levels of the market, companies have had to scramble to adapt to changing demands and conditions. And the rollercoaster isn't likely to slow down-for anyone. From carriers...
LOS ANGELES-Brightpoint Inc. announced an agreement to distribute products for mobile virtual network operator Amp'd Mobile Inc. The Indiana-based distributor of phones and accessories will perform inventory management, product fulfillment and distribution, returns management and credit services for Amp'd, which is slated to launch...
JAPANAccess Co. Ltd. said it completed its acquisition of PalmSource Inc., which provides the Palm OS operating system for mobile devices. PalmSource now is a wholly owned subsidiary of Access. Each outstanding share of PalmSource common stock has been converted into the right to...
MEXICO CITY-Latin American wireless provider America Movil S.A. de C.V. signed an international roaming agreement with Vodafone Group plc covering 53 countries.The deal initially includes voice and GPRS roaming services, and preferred roaming and virtual home environment. A second stage of the agreement is...
FORT WORTH, Texas-RadioShack Corp., which sells wireless products and services from Verizon Wireless, Sprint Nextel Corp. and Tracfone Wireless Inc., reported a 15-percent increase in wireless sales during the third quarter, which the company attributed to growth in its kiosk channels offsetting a sales...
FORT WORTH, Texas-RadioShack Corp., which sells wireless products and services from Verizon Wireless, Sprint Nextel Corp. and Tracfone Wireless Inc., reported a 15-percent increase in wireless sales during the third quarter that the company attributed to growth in its kiosk channels offsetting a sales...
Much of the wireless industry's strong subscriber growth over the past several quarters has been attributed to carriers' ability to target customer segments that had previously been unable to qualify for service using either prepaid or family plans. Some analysts have attributed up to...
WASHINGTON-Meeting the statutory deadline, the Federal Communications Commission said late Tuesday it conditionally granted TracFone Wireless Inc. forbearance from rules requiring carriers participating in the Lifeline program to own facilities. TracFone is a prepaid wireless services reseller.Additionally, the FCC will begin consideration of TracFone's...
Wireless operators rank among the most prolific advertisers in the business world. The wireless industry spent $692 million on advertising during the first quarter, a 17.7-percent increase from the $588 million the industry spent during the first quarter of 2004, according to Nielsen Media...
Cingular Wireless L.L.C. staged a minor coup last week as the industry's largest operator signed a 10-year deal to replace smaller, but faster-growing rival Verizon Wireless at RadioShack Corp.'s more than 5,000 retail outlets beginning next year. The deal provides Cingular with access to...
MEXICO CITY-Leading prepaid wireless provider Tracfone Wireless Inc., which is owned by Latin American telecommunications provider America Movil, said it added 83,000 subscribers during the second quarter, compared with 213,000 customers added during the second quarter of 2004. The company ended the first half...
As the mobile-phone market continues to surpass all forecasts, there are multiple ways those phones end up in the hands of consumers. At the beginning of last year, industry observers expected handset makers to sell around 500 million phones worldwide in 2004. Instead the...
MIAMI-Prepaid wireless provider TracFone Wireless Inc. launched its NET10 service offering providing a flat-rate 10-cent-per-minute calling rate for all calls. The service is available with select Nokia Corp. and Motorola Inc. GSM handsets with airtime card expiration dates available in $30, $60, $180 and...
MIAMI-Prepaid wireless provider TracFone Wireless Inc. launched its NET10 service offering providing a flat-rate 10-cent per minute calling rate for all calls.The service is available with select Nokia Corp. and Motorola Inc. GSM handsets with airtime card expiration dates available in $30, $60, $180...
MEXICO CITY-Tracfone said it added 457,000 subscribers during the first quarter in the United States, reaching 4.9 million total subscribers.Operating revenues stood at $231 million for the quarter, up 32.6 percent from $174 million during the same period last year. The company said service...
Few customer segments have drawn as much consternation from the wireless industry as prepaid subscribers. Non-contract customers have traditionally rewarded operators with lower revenue and higher churn rates when compared with postpaid subscribers and thus have been offered only token rate plans. But, with...
FORT WORTH, Texas-Citing disappointing wireless sales, RadioShack Corp. posted a 13-percent drop in net income during the first quarter from $68.3 million last year, or 41 cents per share, to $55 million this year, or 34 cents per share. The results were at the...
Prepaid mobile virtual network operator TracFone Wireless said it replaced a batch of its Nokia Corp. 1100 phones with models that included "updated software enhancements." The carrier did not say what ailed the devices or how many phones were replaced.A company spokeswoman said the...
Infused with new leadership, Leap Wireless International Inc. announced plans to expand its offerings with the launch of its Jump by Cricket prepaid service, providing a true pay-as-you-go plan for customers. The new offering, which Leap hinted to late last year when it signed...
Continued growth in the wireless industry is likely to come from untapped market segments that may not prove as financially rewarding as the saturated early-adopter segments, according to a new report from Compete Inc. and Bear, Stearns & Co. Inc. The report, "Characteristics of...
Turning rumor into fact, SBC Communications Inc. reported a deal last week to acquire former parent company AT&T Corp. for $16 billion, creating a telecommunications provider with vast domestic and international wireline holdings, as well as a range of domestic wireless operations. The deal,...
