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The Lead

T-Mobile Challenges with $100 10GB Plan

July 28, 2014 | by Ben Munson | News | Comments

T-Mobile is launching a limited-time offer of $100 per month for unlimited talk and text plus 10GB of LTE for four lines. In a blog post, T-Mobile CEO John Legere gets in his customary shots at AT&T, calling the carrier’s similar plan for $160 a “joke.”

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nTelos CEO James Hyde Retires

July 28, 2014 11:16 am | by Ben Munson | News | Comments

nTelos today announced that CEO James Hyde is retiring effective immediately. The company’s board appointed Director Rodney Dir to serve as president and COO. Board Chairman Michael Huber will “oversee strategic relationships and external communications,” according to a statement.

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FirstNews Briefs: Red Pocket, Zipmark, ViaSat, NetMotion, Luso

July 28, 2014 11:11 am | by Wireless Week Staff | News | Comments

NetMotion Wireless, provider of mobility management software and solutions, today announced a partnership with Mobizen, a Mexico-based reseller of enterprise mobility solutions. The agreement will make NetMotion's Mobility and Locality platforms available to enterprise customers in Mexico.

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EU Regulators Approve Apple's $3B Beats Deal

July 28, 2014 9:36 am | by Associated Press | News | Comments

The 28-nation bloc's executive Commission said Monday the transaction does not threaten competition because the firms' combined European market share in both fields will be low while facing strong competitors. The takeover of Beats Electronics and Beats Music announced in May for $2.6 billion in cash and $400 million in stock is the most expensive acquisition in Apple's 38-year history.

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Advisory Firm Protests Sprint CEO’s $49M 2013 Pay Package

July 25, 2014 11:13 am | by Ben Munson | News | Comments

It’s worth noting that the $18.7 million Sprint CEO Dan Hesse was awarded in 2013 will not vest or be paid out until 2018 and that a portion of the $16.7 million has not been vested or paid out yet either. Because the $18.7 million is tied to equity, the amount paid out when it vests in 2018 will be dependent on the stock price at that time, meaning it could be subject to change.

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Amazon Shares Continue Slide as Fire Phone Launches

July 25, 2014 10:40 am | by Andrew Berg | News | Comments

In its second quarter earnings, Amazon reported a $126 million loss even as revenue jumped by 23 percent. Shares fell 10 percent on the report. Many believe that continued investment in big projects like the development of the Fire Phone and the a new grocery delivery serivce are weighing profits at the company. 

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FirstNews Briefs: IBM, Voxox, tw telecom, MapQuest

July 25, 2014 10:00 am | by Wireless Week Staff | News | Comments

IBM today announced that PLM, a Latin American health sciences publisher, launched a library of mobile apps to deliver medical information on conditions such as cancer and heart disease. PLM used the IBM MobileFirst application development portfolio to help convert its medical reference guides into 35 mobile apps.

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Amazon's Spending Habits Worry Investors, Stock Falls on 2Q Report

July 25, 2014 9:18 am | by Associated Press | News | Comments

Amazon posted a loss of $126 million, or 27 cents per share, compared with $7 million, or 2 cents per share, in the same quarter a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.

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Report: China Concludes Qualcomm Is A Monopoly

July 25, 2014 9:14 am | by Joe McDonald, AP Business Writer | News | Comments

China is the world's biggest manufacturer of mobile phones and other wireless devices. The communist government has complained about the high cost of licenses for foreign technology. It has tried to reduce dependence on foreign know-how by investing billions of dollars to develop its own phone, encryption and other technology.

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The New Wireless Battleground: Carrier Wi-Fi

July 24, 2014 2:57 pm | by Dr. Derek Peterson, Chief Technology Officer, Boingo Wireless | Articles | Comments

A recent New Street Research study found that the share of U.S. smartphone data traffic traveling over Wi-Fi increased from 15 to 63 percent between 2011 and 2013, and a recent Comcast survey found that consumers would choose Wi-Fi over free food at retail locations. 

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Study: Over Half of Americans Prefer Weather Alerts on Their Phones

July 24, 2014 11:11 am | by Ben Munson | News | Comments

A new online Harris Poll found that 59 percent of Americans said they were more likely to pay attention to alerts on the mobile devices than any other delivery method. Of the 2,100 adults surveyed, 67 percent said they would like to receive real-time SMS notifications.

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Visa Introduces New Cloud Payment Solutions Suite

July 24, 2014 10:57 am | by Ben Munson | News | Comments

Visa is replacing the traditional 16-digit account information found on standard magnetic strip cards with “tokens,” which the company said can be processed without sharing account information. Tokens can be stored on devices, within mobile applications and web-based applications. Because they’re based on existing ISO standards, tokens can be processed by the technology merchants and financial institutions already have in place.

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LoopPay Mobile Wallet Provider Secures Investment from Visa

July 24, 2014 10:37 am | by Andrew Berg | News | Comments

LoopPay invented something called Magnetic Secure Transmission (MST) technology which leverages existing point-of-sale infrastructure to receive contactless payments from mobile devices of all kinds with no hardware changes required by merchants. 

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Unloading of Handset Division Boosts Nokia's Forecast

July 24, 2014 10:22 am | by Andrew Berg | News | Comments

Nokia Networks said that its forecast has improved on operational efficiencies gained from the sale of its handset unit to Microsoft. The company expects underlying profitability for Networks to be at or slightly above its long term target range of 5 to 10 percent for the full-year 2014.

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FirstNews Briefs: Vuzix, Lenovo, Motorola, ZTE, TIM Brasil, PhysIQ

July 24, 2014 10:07 am | by Wireless Week Staff | News | Comments

Vuzix Corporation, a supplier of video eyewear and smart glasses products in the consumer, commercial and entertainment markets, today announced it has signed a major deal with Lenovo to launch the M100 Smart Glasses into China. The wearable product offering will be co-branded as a Vuzix/Lenovo solution and will be marketed across China as part of Lenovo's New Business Development brand.

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Facebook 2Q Mobile Ad Revenue Jumps 67 Percent

July 24, 2014 9:51 am | by Associated Press | News | Comments

Advertising revenue jumped 67 percent to $2.68 billion. Mobile ad revenue, a closely watched figure, was 1.66 billion, or 62 percent of Facebook's total advertising revenue for the quarter. In the first three months of the year, mobile ads accounted for 59 percent of Facebook's total ad revenue.

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