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 lowered its rating on Vodafone Group to neutral from outperform, saying it believes the company is likely to slightly miss its...
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.Along with every one of my friends in this industry, from entrepreneurs to product managers at carriers,...
Verizon Wireless released partial second-quarter results showing it added 1.5 million new subscribers to its "Can You Hear Me Now?" network during the period. The results came in ahead of the 1.3 million customers the industry's No. 2 carrier posted during the second quarter...
The Federal Communications Commission said it plans an Aug. 1 vote on Verizon Wireless' proposed $2.67 billion purchase of Rural Cellular Corp., a controversial transaction that consumer advocates and Sen. Bernie Sanders (I-Vt.) have argued should be blocked unless conditions are attached to safeguard...
Mobile media company Player X said it pocketed Spain's Gaelco Moviles, a mobile games publisher, for an undisclosed amount of cash.The move marks the first acquisition for Player X, a London-based outfit that specializes in mobile games and video, and signals the company's expansion...
Private equity's avid interest in Huawei Technologies Co. Ltd.'s handset business is based on Huawei's opportunities for significant growth and as a means to further investment in China, analysts said last week. Huawei has a chance to profit from domestic Chinese wireless growth and...
When it comes to investment money, perhaps no space in mobile is as hot as social networking. And it looks like the spigot isn't going to shut off anytime soon. But for venture capital to truly flood the space, the online guys will need...
Editor's Note: RCR Wireless News has teamed up with the Yankee Group to conduct a series of market surveys of RCR Wireless News' subscribers to gauge their thoughts on technology issues impacting the wireless ecosystem.Those of you who respond to the survey will get...
Huawei Technologies Co. Ltd., the Chinese vendor of entry-tier phones, is seeking a capital infusion for its handset division to fuel international expansion of that business, particularly in the United States. Such a move would provide a brand-building opportunity and also free up resources...
Huawei Technologies Co. has five interested suitors seeking a stake in the Chinese telecom company's handset division, according to today's Wall Street Journal. The nearly instant ardor for Huawei leaves investor-hungry Motorola Inc. looking like a wallflower at a school dance.The bids, made last...
Analyst Tero Kuittinen at Global Crown Capital L.L.C. said in a note to investors that top-tier carriers in the United States were pulling back on support for Motorola Inc., and characterized the vendor's pending product launches as "a half-baked mess.""The summer surge of fresh...
Alcatel-Lucent said it will spend $67.8 million to pick up Motive Inc., an Austin, Texas-based developer of service management software for telecoms.The French behemoth offered $2.23 per share for Motive, marking a 53% premium over Monday's closing price of the stock, which trades on...
Verizon Wireless is going for biggest fish status. The little fish? Alltel Communications L.L.C. Verizon Wireless, according to media reports, is in talks to purchase the industry's No. 5 carrier for $27 billion, allowing Verizon Wireless to swim past AT&T Mobility as the nation's...
Vodafone Group plc will say goodbye to its fearless leader. After five years as CEO, Arun Sarin announced last week that he is retiring as head of one of the wireless industry's largest operators, and minority-interest holder in Verizon Wireless, at the end of...
IMS Research predicts users of contactless mobile payments, mobile banking and over the air transactions will reach nearly 900 million by 2012.Those subscribers will complete 62 billion transactions in 2012, said the research firm's latest report.IMS Research noted that mobile penetration in several developing...
Vodafone Group Plc will say goodbye to its fearless leader. After five years as CEO, Arun Sarin is retiring at the end of July. Vittorio Colao will take his place; Colao has been with Vodafone for almost two years, coming on as head of...
The following list details this week's infrastructure awards for the cellular, Wi-Fi, and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available.Cellular--Brazil: TIM Brasil selected Nokia Siemens Networks to deploy and...
The simple banner ad: Those tiny little slivers of real estate on tiny little cellphone screens produce the same level of brand recall as a 30-second television commercial, a Verizon Wireless ad exec said last week. Speaking at a wireless ad conference in Los...
GOOGLE INC.'S OPEN HANDSET ALLIANCE has attracted plenty of attention in the hot mobile Linux space, but the LiMo Foundation is assembling an impressive coalition of its own.Verizon Wireless last week threw its weight behind the open-source community, filling the final seat on LiMo's...
Apple Inc. appeared poised to enter the second phase of its foray into the mobile industry, judging by events last week. Apple's Web site reflected that its two models of iPhones (8 GB and 16 GB) are "currently unavailable," though AT&T Mobility's online site...
News on the high-end smartphone front continues to come in hot and heavy, with Apple Inc. expanding its iPhone market, Research In Motion Ltd. reportedly gearing up to release its own touchscreen device, and Palm Inc. struggling to catch up.First up is Apple, which...
Google Inc.'s Open Handset Alliance has attracted plenty of attention in the mobile Linux space, but the LiMo Foundation is assembling an impressive coalition of its own.Verizon Wireless has thrown its weight behind the open-source community, filling the final seat on LiMo's board of...
Apple Inc.'s Web site today reflected that its two models of iPhones are "currently unavailable," though AT&T Mobility's online site continues to show the devices in stock. The iPhone's absence at Apple's online store today harkens back to a month ago when reports surfaced...
Apple Inc.'s foray into the global handset industry is a work-in-progress, judging by last week's events, just as its initial, domestic rollout was marked by adroit tactical shifts.A sudden avalanche of international market rollouts for the iPhone announced last week appeared to reflect that...
