DENVER-Following on a government filing last week, regional telecommunications provider Qwest Communications International Inc. is reportedly set to submit a revised bid for MCI Inc. that will include a greater percentage of cash than what was included in the initial $8 billion offer. Qwest's...
Sprint said it will begin selling a Samsung Electronics Co. Ltd. phone that will work on both CDMA and GSM networks. Verizon Wireless already sells a similar device.Sprint said the new Sprint PCS International Phone IP-A790 by Samsung will sell for $550 and will...
WASHINGTON-Four national mobile-phone carriers have filed suit in Maryland Tax Court against the City of Baltimore seeking more than a $2 million refund of all wireless taxes paid since August 2004. T-Mobile USA Inc., Sprint PCS, Cingular Wireless L.L.C. and Verizon Wireless said they...
ALPHARETTA, Ga.-Verizon Wireless said it has won a contract to provide wireless voice and data to all state, local and county government agencies and municipalities throughout the state.The carrier said it will offer discount wireless packages to more than 500,000 government employees, including the...
The battle for wireless supremacy heated up this week as current No. 2 operator Verizon Wireless unveiled a slew of rate plan and service offerings that could help the carrier regain its position atop the domestic wireless market-a spot currently occupied by Cingular Wireless...
In the juggling act between GSM and W-CDMA, dilemma is beautiful.But it is a terrible kind of beauty because both vendors and carriers must decide how much of their resources to devote to GSM without jeopardizing the promise of W-CDMA.Today, GSM provides the main...
Nokia Corp.'s longtime stranglehold on the U.S. mobile-phone market appears to be broken-at least for now-by a major surge in sales from Motorola Inc. "Motorola products are really just more appealing right now," said Mark Bremer, an analyst with research and consulting firm Stax...
Less than three weeks after it began, the Federal Communications Commission's Auction 58 of 242 spectrum licenses in the 1.9 GHz band came to a quiet close last Tuesday, having garnered just more than $2 billion in net bids including FCC credits for 217...
The battle for wireless supremacy heated up this week as current No. 2 operator Verizon Wireless unveiled a slew of rate plan and service offerings that could help the carrier regain its position atop the domestic wireless market-a spot currently occupied by Cingular Wireless...
Rebuffing a more substantial offer from Qwest Communications International Inc., MCI Inc. agreed last week to be acquired by Verizon Communications Inc. for approximately $6.7 billion. Qwest, which initiated the latest bidding for MCI, reportedly offered $8 billion but was turned down due to...
RadioShack Corp. offered strong fourth-quarter and full-year results, but its 2005 outlook disappointed investors. The company's stock was down almost 10 percent to $30.11 per share following the news. RadioShack reported net income of $130.9 million, or 81 cents per diluted share, for the...
CALABASA HILLS, Calif.-THQ Wireless Inc. became the latest company to try to cash in on this weekend's NBA All-Star Game with the launch of a new mobile basketball title.The company unveiled "NBA All-Star 3-Point Shootout," a branded game available to Verizon Wireless subscribers with...
SmartVideo subscribers can stay stylish and ogle supermodels with a new 24-hour-a-day channel from the mobile-video provider.SmartVideo Technologies Inc. said it has agreed to carry Fashion TV, streaming fashion, style and beauty programming to subscribers with smart phones and personal digital assistants. The channel...
BEDMINSTER, N.J.-Verizon Wireless reported that its customers can participate in this weekend's National Basketball Association All-Star festivities from their wireless handsets. The carrier said interested customers can send a text message to 622, which will register them for participation in voting for the All-Star...
Qwest Communications International Inc. said it lost 24,000 wireless subscribers during the fourth quarter of last year, which was an improvement compared with the 36,000 subscribers the company lost during the fourth quarter of 2003. Qwest noted that it ended 2004 with 754,000 wireless...
After nearly three weeks of bidding, the Federal Communications Commission's Auction 58 ended earlier today after 91 rounds and $2.25 billion in total bids. The auction, which began Jan. 26, included 242 spectrum licenses in the 1.9 GHz spectrum bands that were returned by...
The multi-billion dollar wireless industry remains a good bet for investors despite the cutthroat nature of the market and the always-evolving technology, according to reports. However, the sector will continue to have its share of winners and losers. According to a report from investment...
BEDMINSTER, N.J.-The wireless industry continues to try to play Cupid this Valentine's Day with a slew of content and data offerings.Verizon Wireless announced the availability of dozens of love-song ringtones to cash in on the occasion, offering everything from Sonny & Cher's "I Got...
WASHINGTON-The Federal Communications Commission today reaffirmed a 2003 decision allowing mobile satellite service licensees to integrate an ancillary terrestrial component into their systems, rejecting a cell-phone industry demand that spectrum used for land-based cellular operations be assigned by auction. The FCC ruling clears the...
TAMPA, Fla.-Syniverse Holdings Inc.'s initial public offering did little to rally investors as the company's stock remained relatively flat during its first morning of trading. The company is offering around 17 million shares for $16 per share in order to raise about $282 million.Syniverse's...
NEW YORK-At its annual investment community meeting, Sprint Corp., which is in the process of merging with Nextel Communications Inc., said it expects wireless service revenues to grow in the low double-digits this year driven by an increased customer base and continued strong average...
Rounding out what has been a record-setting quarter for the country's nationwide operators, Sprint Corp. reported fourth-quarter 2004 results last week that pushed net customer additions by the industry's big 5 past the 5.5 million subscriber mark for the quarter and to nearly 19...
If Van Toffler has his way, the "M" in MTV may soon stand for "mobile." Toffler, who ascended to the presidency of MTV Networks in October, has worked aggressively to move beyond simply selling ringtones and images of the latest hip-hop star. The company's...
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,...
