Computer glitches this week temporarily grounded three major entities – United Airlines, the New York Stock Exchange and The Wall Street Journal.
At first, the outages were thought to be connected and possibly the result of a carefully orchestrated cyberattack. But as the day wore...
Wall Street Journal | August 30, 2011 | Kenan Machado
MUMBAI – Reliance Broadcast Network Ltd. said Monday it is in talks with private-equity investors to raise as much as 4 billion rupees ($87 million) through a preferential allotment of shares, as the company seeks...
Clearwire Corp. (CLWR) witnessed a surge in its stock price this morning following another published report indicating a possible acquisition by current majority owner Sprint Nextel Corp. (S)Clearwire's stock was up more than 35% in early trading after Bloomberg released a story indicating...
Could Sprint Nextel Corp. (S) be readying a new infusion of cash into Clearwire Corp. (CLWR)?According to a report in the Wall Street Journal, Sprint Nextel’s board of directors expects to make a “substantial” investment in Clearwire.Clearwire reported last week that it was looking...
Square Inc.'s valuation has surged to $1 billion on the heels of a fresh venture financing round totaling $100 million. Led by Kleiner Perkins Caufield & Byers, with participation from Tiger Global Management, the new funding will be used by the eight-month-old company to...
Wall Street Journal | June 22, 2011 | Rogerio Jelmayer
SAO PAULO (Dow Jones)–Brazil mobile phone subscriptions increased to 215 million in May, up 1.16% from April, according to figures released late Tuesday by telecommunications regulator Anatel.
New subscriptions totaled 2.5 million in May, Anatel...
Nortel Networks Corp. (NRTLQ) is delaying the auction of its patent portfolio to field a new level of interest from the likes of Apple Inc. (AAPL) and Intel Corp. (INTC). The two Silicon Valley giants have entered the fray with Google Inc. (GOOG), which...
What started as a grandiose plan for a nationwide mobile commerce network has been scaled down to nothing more than a mobile wallet. Those who were expecting Isis, the venture from AT&T Mobility (T), T-Mobile USA Inc. (DTEGY) and Verizon Wireless (VZ), to give...
Infrastructure suppliers are going to have to adapt their business models to help shape the global telecom market, including helping to finance and drive deals with operators, according to a new report from Arthur D. Little. The research company said that despite six years...
EteNet Systems | March 23, 2011 | Press Release
ExteNet Systems Ranked 5th on the list; selected from a pool of 10,000+ startups
CTIA WIRELESS 2011
LISLE, Ill.--(BUSINESS WIRE)--ExteNet Systems, Inc. (ExteNet) was named one of the top venture-backed...
No one should be surprised to hear that Verizon Wireless had a record day as far as device sales go yesterday. Within two hours of opening up pre-orders for the iPhone 4, the carrier beat its full day total for any other device launch.Verizon...
Japanese operator KDDI Corp. reported a 2.5% drop in net income during its recently closed quarter as revenues from voice services fell 17%.
The second largest carrier in Japan, which entered the smart phone market late last year, said net profit fell to $795.4 million...
Seven Networks introduced a wireless traffic optimization tool that it says can cut down data consumption on the network by up to 70% as it reduces the number of times the device and handset talk to each other, in a way that still allows...
Japanese operator KDDI Corp. reported a 2.5% drop in net income during its recently closed quarter as revenues from voice services fell 17%.The second largest carrier in Japan, which entered the smart phone market late last year, said net profit fell to $795.4 million...
If Verizon Wireless does what it's expected to do tomorrow and announces plans to finally launch Apple Inc.'s iPhone on its network there will be a collective sigh of relief throughout much of the wireless industry.For the better part of at least the last...
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 “twenty-teens” will begin my third decade in the telecom industry. In the past 17 years, there...
India's Department of Telecommunications has levied fines against three wireless operators for not meeting deadlines for the launch of new services on fresh spectrum.The agency requires mobile operators to launch services within a year of receiving new spectrum licenses, according to The Wall Street...
Verizon Wireless' (VZ) LTE network might be using a new technology, but so far there is nothing new about the companies that will build the devices running on that network. Motorola Inc. (MOT) has been tapped to release one of the early, if not...
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.This week, we touch on the second part of the “wish list” – those items that are...
Executives at Qualcomm Inc. (QCOM) were never eager to offer up subscriber count numbers for FLO TV. Until now, sort of.At an event in Silicon Valley earlier this week, CEO Paul Jacobs said the company only managed to sign up about 1 million customers...
Huawei Technologies Co. Ltd. has been caught up in yet another security snafu inside the Beltway, this time for a small acquisition it made back in May.The $2 million deal to acquire staff and intellectual property of 3Leaf Systems has already closed, but the...
Sprint Nextel Corp. (S) has reportedly excluded Chinese vendors Huawei Technologies Ltd. and ZTE Corp. from their upcoming network project over U.S. security concerns, according to The Wall Street Journal.The decision could have something to do with a recent conversation the carrier's CEO Dan...
It would be one thing if Research In Motion Ltd. (RIMM) was losing spark on the consumer side, which it is, but alarms must be going off at RIM's headquarters now that news is trickling in about losses on the enterprise side.Business, and particularly...
The wishes of millions looks set to be answered in the coming weeks as Verizon Wireless (VZ) is set to begin offering an Apple Inc. (AAPL) product. No, that product is not the iPhone, but instead the iPad, and comes just weeks after the...
