Dear Editor, I was compelled to respond to Mike Dano's article, "Worst of the Week: Push-To-Silence-PTT," on RCRNews.com July 27, in which he writes "the thing about walkie-talkie cell phones: THEY ARE UNNECESSARY. And, more importantly, annoying." His conclusions certainly don't match the reality...
The mobile virtual network operator bandwagon, cruising along smoothly a few months ago, appears to be suffering from a case of backlash. Recent MVNO news and rumors haven't been particularly pretty. The Wall Street Journal recently ran a scathing assessment of MVNOs' performance thus...
While it's widely understood that developing technology standards is never an easy road to travel, the recent schism between Intel Corp. and Qualcomm Inc. over the IEEE's 802.20 Working Group's activities sets a new standard for companies looking to out-maneuver their competitors and shape...
BOSTON—American Tower Corp. says it intends to "vigorously defend" its stock-option granting practices in the face of two lawsuits filed just days after the company received a subpoena from a New York district attorney. AMT said a securities class action lawsuit was filed against...
The nationwide investigation into executive stock-option grants seems to be widening daily. And some major players in wireless are coming under the microscope. At issue is the practice of retroactively changing dates stock-option grants become effective. Stock options-allowing employees to purchase shares of the...
BEIJING-Rumors are swirling that China Mobile Communications Corp., the world's largest wireless carrier, may be on the brink of acquiring Luxembourg-based Millicom International Cellular SA-or possibly, already has bought the company. Several newspapers reported last week that the two companies were close to a...
BEIJING—Rumors are swirling that China Mobile Communications Corp., the world’s largest wireless carrier, may be on the brink of acquiring Luxembourg-based Millicom International Cellular SA—or possibly, already has bought the company. Several newspapers reported earlier this week that the two companies were close to...
NEW YORK—Federal prosecutors are looking into the questionable stock-options grants by Comverse Technology Inc. that earlier this week forced the ouster of three top Comverse executives. The U.S. Attorney’s Office for the Eastern District of New York has launched a criminal investigation into the...
WAKEFIELD, Mass.—Comverse Technology Inc. announced a front-office shakeup amid a company probe into the timing of stock-options grants to top executives. The telecommunications systems and software producer disclosed the resignation of Chairman and Chief Executive Officer Kobi Alexander, who founded the company in 1984....
NEW YORK—Shares of Comverse Technology Inc. sank after the company said it would miss a deadline for filing its annual report and probably be forced to restate earnings for the past six years. The software developer said an internal review of its stock-options program...
RESTON, Va.-Sprint Nextel Corp. has hinted that the first fruits of its joint venture with several cable companies will launch in seven markets later this year, and news of which markets those will be is starting to bubble up. The Wall Street Journal reported...
RESTON, Va.—Sprint Nextel Corp. has hinted that the first fruits of its joint venture with several cable companies will launch in seven markets later this year, and news of which markets those will be is starting to bubble up.The Wall Street Journal reported that...
NEWBURY, England—Vodafone Group plc confirmed that it will sell its struggling Japanese operation to Japanese Internet conglomerate Softbank in a deal valued at about $15.4 billion. The cash that Vodafone receives from the sale is to be dispensed to shareholders after the transaction closes,...
WASHINGTON-Lynch Interactive Corp. again vehemently denied any wrongdoing in its activities with mobile-phone auctions. The company performed bidding and auction administrative services for a variety of bidders in recent years. The activities and associations of Lynch's chairman, Mario Gabelli, were the subject of a...
WASHINGTON-Lynch Interactive Corp. again vehemently denied any wrongdoing in its activities with mobile-phone auctions. The company performed bidding and auction administrative services for a variety of bidders in recent years. The activities and associations of Lynch's chairman, Mario Gabelli, were the subject of a...
Shares of Research In Motion Ltd. jumped Thursday morning after the company reported strong third-quarter sales of its BlackBerry devices. RIM reported $560 million in revenue during the period, up 53 percent from last year's third-quarter revenue of $366 million. Third-quarter diluted per-share earnings...
After the line from the '80s movie "Wall Street"-"Greed, for lack of a better word, is good"-insider trading got a bad rap. In that movie, Charlie Sheen's character was arrested for making money off insider information. However, there are actually two kinds of insider...
Time Warner Cable is in discussions with Sprint PCS to test a wireless offering that would be bundled with the media giant's TV, landline phone and Internet services. However, it is unclear whether Time Warner Cable will offer the services under its own brand...
NEW YORK-The Wall Street Journal will provide content for a new business and financial news service for wireless handsets, the company announced Tuesday.The Wall Street Journal Mobile will provide market, stock and commodities data, as well as personalized portfolio information and general business news...
WASHINGTON-Nortel Network Corp.'s mounting accounting problems continued last week, as a New York law firm announced it was investigating the Canadian telecom equipment giant for possible violations of the federal statute governing company investments in employee retirement benefit plans. Wechsler Harwood L.L.P. said...
WASHINGTON-As the junior Democratic senator from Massachusetts, John Kerry's record is one of deftly straddling the fence on telecom and high-tech issues by backing bills benefiting Big Wireless while championing the causes of consumers and small business.It was Kerry, whose brother Cameron works for...
NEW YORK-With AT&T Wireless Services Inc.'s self-imposed Feb. 13 deadline for buyout bids fast approaching, Vodafone Group plc's plans to divest itself from current U.S. wireless network partner Verizon Wireless ahead of a possible stab at acquiring AWS has hit a "tense junction," according...
NEW YORK-Vodafone Group plc's plans to bid on AT&T Wireless Services Inc. could be on hold as published reports indicate the worldwide wireless provider is considering a much larger proposal to acquire current Verizon Wireless partner Verizon Communications Inc. The deal, reported in today's...
In recent years, the blurring line between print and electronic publishing has become a frequent discussion topic among editorial types.Just how will people receive and consume "the written" word in the future? At some point does print on paper become obsolete?Champions of the digital...
