News
Report: McAdam Hints at Withholding Vodafone Payments
May 3, 2013 10:25 am | by Andrew Berg | CommentsVerizon Wireless may be tightening the screws on Vodafone, in an effort to force the European carrier to sell off its 45 percent of the Verizon Wireless joint venture. According to a report from the Wall Street Journal, Verizon CEO Lowell McAdam hinted...
U.S. Cellular Profits Down 92 Percent, 74K Postpaid Losses
May 3, 2013 9:54 am | by Ben Munson | CommentsU.S. Cellular posted a net income of $4.9 million for its first quarter of 2013, down a considerable 97 percent from the $62.5 million it posted in the same quarter last year. Similarly, diluted EPS for the quarter sank to $0.06, down from the $0.73 EPS it posted in the first quarter of 2012.
U.S. Operators Drop $30.1B in CapEx in 2012
May 3, 2013 9:43 am | by Andrew Berg | CommentsAlthough the United States accounts for just 5 percent of total global wireless subscribers, American Wireless providers accounted for 25 percent of the world's total wireless capital expenditures, according to a new report from CTIA...
Pentagon Clears Use of Samsung's Devices
May 3, 2013 9:13 am | by Associated Press | CommentsSamsung Electronics Co. says the U.S. Department of Defense has approved using Samsung smartphones for its networks. The South Korean company said Friday the Galaxy S4 smartphone has become the first Android device to meet the security requirements set out by the U.S. government...
Intel Taps COO Krzanich as Chipmaker's Next CEO
May 3, 2013 8:59 am | by Peter Svensson, AP Technology Writer | CommentsIntel, one of the pillars of Silicon Valley, is following its traditions and promoting an insider to the job of CEO. The world's largest chipmaker is tasking Chief Operating Officer Brian Krzanich with steering it through an industry shake-up that is seeing tablets and smartphones overshadow...
Facebook Milks Its Mobile Push in 1Q
May 2, 2013 10:22 am | by Ben Munson | CommentsIf Facebook Home, the company’s new people-first overlay for Android, further confirms Facebook’s commitment to mobile, than the company’s first quarter numbers show that commitment paying off. While Facebook’s annual EPS held steady at $0.09, the company managed to boost its revenue 38 percent over the first quarter of 2012 to $1.46 billion. Its adjusted profits saw an increase too, rising 7 percent annually to $219 million.
First News Briefs for May 2, 2013
May 2, 2013 10:19 am | by Wireless Week Staff | CommentsGE today announced the availability of the latest firmware upgrade for its UR (Universal Relay) and URPlus platforms, designed to eliminate failover time when a network failure occurs by delivering zero latency. By introducing Parallel Redundancy Protocol (PRP), this firmware release allows customers to make two local area networks (LANs) active to ensure that if one fails, the other immediately takes over.
Wheeler Appointment Gets Applause All Around
May 2, 2013 10:13 am | by Andrew Berg | CommentsPresident Obama's appointment of longtime wireless veteran Tom Wheeler as the next chairman of the FCC was met with applause from most of the industry. CTIA president and CEO Steve Largent said in statement that Wheeler has a "deep understanding of communications issues...
Sprint Making Good on June 29 iDen Shutdown
May 2, 2013 9:22 am | by Andrew Berg | CommentsThe shutdown of Sprint's iDen network has been a longtime in coming and is very near at hand, according to the company. Sprint today confirmed that the last full day of iDEN service will be June 29, with a shutdown that begins first thing Sunday, June 30 and continuing throughout the day...
Tablets with Windows RT See Slow Sales, IDC Says
May 2, 2013 8:37 am | by Peter Svensson, AP Technology Writer | CommentsMicrosoft is seeing slow sales of a version of Windows designed for thin and light tablets, even as the tablet market as a whole is growing, a research firm reported Wednesday. Researchers at IDC said manufacturers shipped 200,000 tablets running...
Physical by Smartphone Becoming Real Possibility
May 2, 2013 8:34 am | by Lauran Neergaard, AP Medical Writer | CommentsIt's not a "Star Trek" tricorder, but by hooking a variety of gadgets onto a smartphone you could almost get a complete physical — without the paper gown or even a visit to the doctor's office. Blood pressure? Just plug the arm cuff into the phone for a quick reading...
First News Briefs for May 1, 2013
May 1, 2013 10:34 am | by Wireless Week Staff | CommentsU.S. Cellular today announced that it will begin offering its postpaid service in 47 Sam’s Club locations across 14 states. U.S. Cellular is now available in select Sam’s Club Locations in Iowa, Illinois, Maryland, Maine, Missouri, North Carolina, Nebraska, New Hampshire, Tennessee, Virginia, West Virginia...
Report: Obama to Appoint Tom Wheeler as Next FCC Chairman
May 1, 2013 10:25 am | by Andrew Berg | CommentsPresident Obama is likely to appoint wireless industry veteran and lobbyist Tom Wheeler to succeed Julius Genachowski as chairman of the FCC. According to numerous reports from multiple outlets, Wheeler, who has already served as an informal advisor to Obama on telecom matters, is the top pick...
T-Mo's Merger with MetroPCS Complete, Now Trading on NYSE
May 1, 2013 9:59 am | by Andrew Berg | CommentsDeutsche Telekom today announced the completion of the merger of T-Mobile USA and MetroPCS Communications. T-Mobile will also debut this morning on the New York Stock Exchange under the symbol TMUS. As previously announced, the company's board will have 11 members, including...
Best Buy Exits Europe, Selling Joint Venture Stake
May 1, 2013 9:08 am | by Michelle Chapman, AP Business Writer | CommentsBest Buy is looking to exit Europe, selling its stake in its joint venture there to partner Carphone Warehouse Group PLC in a cash-and-stock deal valued at 500 million pounds (about $775 million). The consumer electronics company said Tuesday that the deal allows it to streamline...
